RED LAKE CO OP
Federal • Red Lake Falls, Minnesota • Est. 1949
Quick Facts
- Charter Number
- #6144
- Type
- Federal
- Established
- 1949
- Headquarters
- Red Lake Falls, Minnesota 56750
- Address
- PO Box 154
- Branches
- 2
- Members
- 1,440
- Membership Type
- Community
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Exceptionally well-capitalized with outstanding net worth ratio, very low delinquency, and strong earnings. One of the most financially sound credit unions in the country.
Financial Overview
Total Assets
Members
1,440 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | RED LAKE CO OP |
|---|---|
| Total Assets | $6.9M |
| Members | 1,440 |
| Loans Outstanding | $4.7M |
| Shares & Deposits | $6.0M |
| Net Worth | $903K |
| Net Worth Ratio | 13.00% |
| Loan-to-Share Ratio | 77.5% |
| Delinquency Rate | 0.00% |
| Net Income | +$34,778 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
2 locations
CU Office
111 2nd St SW
Red Lake Falls, MN 56750-4015
Records
Main Office111 2nd St SW
Red Lake Falls, MN 56750-4015
Who Can Join RED LAKE CO OP?
Membership Type: Community
Membership eligibility for RED LAKE CO OP may vary. Contact the credit union directly to confirm qualification requirements.
Contact RED LAKE CO OP directly or visit their website for the most accurate and up-to-date membership eligibility information.
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View Minnesota RankingsFrequently Asked Questions
Yes. RED LAKE CO OP is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, RED LAKE CO OP has 1,440 members and a potential membership field of 3,975 people.
RED LAKE CO OP's net worth ratio is 13.00% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 13.0%, RED LAKE CO OP meets this threshold.
RED LAKE CO OP operates 2 branch locations. The main office is located at 111 2nd St SW, Red Lake Falls, MN 56750-4015.
RED LAKE CO OP was established in 1949. It is a federal credit union chartered under charter number 6144. The institution has been serving members for 77 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or RED LAKE CO OP. All financial data is for informational purposes only.