Dawson Co-Op Credit Union

About

Dawson Co-op Credit Union is a member-owned nonprofit financial cooperative, built on "People Helping People."


Federally insured by NCUA

Story

Dawson Co-op Credit Union is a member-owned, nonprofit financial cooperative. A cooperative is an association of people who voluntarily join together to meet their common economic, social, or cultural needs, and aspirations through a jointly owned and democratically controlled enterprise. As a financial cooperative, we share these principles and add a few of our own such as service to members and building financial stability.

Dawson Co-op Credit Union, is a growing, full service, member owned, non-profit, federally insured financial cooperative for the agricultural community with assets of $129 million. Our mission is to be a leader in the community, while being the primary financial institution of our members.

In 1961, seven pioneers submitted an application to the Minnesota Department of Commerce for a credit union charter. 55 potential members attended the first organizational meeting and the original field of membership included the patrons of Lac Qui Parle Co-op Oil and Farmers Co-op Elevator and their employees. The patrons and employees of Tri-County Cooperative Soybean Association were added to the field of membership in 1968. Application was made in 2003 to increase the field of membership to include the counties of Lac Qui Parle, Yellow Medicine, Swift, Chippewa, and Big Stone.

A second office in Boyd was opened in 2004 to provide the community financial service. The third branch in Renville was opened in 2009 after TruStone Financial (formerly Teacher Federal Credit Union) entered into a formal agreement to sell the building and agricultural loan portfolio to Dawson Co-op Credit Union. The County of Renville was added to the field of membership at that time.

Thank you members, for joining us in our efforts to build stronger individuals and stronger communities.



Eligibility
To qualify for membership you need to reside, worship, attend school or conduct business in Big Stone, Chippewa, Lac Qui Parle, Renville, Swift or Yellow Medicine counties in Minnesota. If a family member is currently a member, you also qualify for membership. A $10.00 membership share is required. Once a member always a member, even if you decide to close your membership you may rejoin.


Dawson Branch
711 6th St., PO Box 1002
Dawson, MN 56232
(320)769-2908

Boyd Branch
152 3rd St, PO Box 245
Boyd, MN 56218
(320)855-9900

Renville Branch
208 N. Main St., PO Box 585
Renville, MN 56284
(320)329-3152