May 2024 eNews
75th Annual Membership Meeting

Thank you to all member-owners who joined us for the 75th Annual Membership Meeting of YOUR credit union!

Congratulations to our newly elected board members!
  • Jeff Bieber
  • Katie Crooke

Congratulations to all of our door prize winners!

$25 winners:
  • Darlene T.
  • Mark K.
  • Kathleen J.
  • Martha K.

$75 winners:
  • Delina F.
  • Barbie B.
  • Glenn M.
  • Sara C.

Mower winner:
  • Karyn KR.

Snow Thrower winner:
  • Dick T.

Thank you to the RLC Division for donating the Toro equipment door prizes!

Thank you to our 2023 - 2024 Board of Directors and Supervisory Committee for graciously volunteering their time to serve Toro Credit Union's membership.    

Officers/Directors
  • Paul Danielson, Chair
  • Jon Stodola, Vice-Chair
  • Jeff Bieber, Treasurer
  • David Yakes, Secretary
  • Wes Bollingmo, Director
  • Andy Kemmitt, Director
  • Tyler Miller, Director

Supervisory Committee
  • Frank Zschoche, Chair
  • Diane Noland, Member
  • Katelyn Stangler, Member


Finally, a big thank you to the credit union staff, who are committed to the credit union ideal of "People Helping People" and strive to find solutions for each of you!

  • Grant Johnson, CEO – 32 years of service 
  • Colleen Johnson, VP, Accounting & Operations – 9 years of service
  • Mark Bailey, VP, Lending – 21 years of service
  • Patrick Rutten, SR Loan Officer – 21 years of service
  • Denise Berkebile, MSR – 5 years of service
  • Stacey Stokke, MSR – 1 year of service
*Annual Percentage Rate. Equal Housing Lender. Federally Insured by the NCUA. HELOC is only available in MN & WI. Rates are based upon credit score.  
SavvyMoney’s new feature, Financial Checkup, is now available within the Credit Score solution. This tool is designed to improve your overall financial well-being. It offers a detailed spending and cash flow overview, enabling you to analyze budgets and evaluate debt-to-income ratios through a thorough financial assessment. You can expect personalized tips and steps to cultivate a healthier financial outlook.
The Minnesota Credit Union Network presented Toro Employees Federal Credit Union with a certificate in celebration of the 75th Anniversary. Thank you to Grant Johnson and Mark Bailey for accepting this certificate.
*Annual Percentage Yield (APY). New or existing money. $500 minimum investment. Rates are subject to change at any time. Penalty for early withdrawal. Federally insured by the NCUA. Equal Housing Lender.
Get the Best Deal

Toro's auto shopping web page is a great place to start your search. Learn as much as you can about the vehicle, including specs, tech features, and gas mileage. We’re here to help you understand the entire shopping process and how to get the best deal on a new or pre-owned vehicle.

Auto Loan Refinance

Did you know that you can save money on your existing auto loan? Simply go to the “Resources” tab on Toro Credit Union's auto shopping web page and find out your savings with our refinance calculator. It’s super easy to use and will provide you with valuable information, including what lower interest rates are available and how much you could save.
Great rates on boats, campers & RVs with
terms up to 10 years!
Get pre-approved before you start shopping.
*Federally insured by the NCUA. Equal Housing Lender. All loan financing is based upon credit qualifications. See credit union for full details. Some restrictions apply. 
Finding the Right Loan For You

Doing business with Toro Credit Union will put you in the driver’s seat. It’s a different experience than working with a large bank. For starters, we’re a not-for-profit organization established by members, for members. Once you qualify for a loan with us, you’re a member of a very special financial institution that comes with the following benefits:

Lower Rates
Rates at Toro Credit Union are generally lower. This is because credit unions pass savings from their not-for-profit status throughout our product lines. As an example, we offer members higher rates on savings accounts and lower rates on loans and credit cards. We are not looking to make a profit.

Loan Approval
Toro Credit Unions exists for our members. We are more likely to understand and listen to your circumstances when applying for a loan and sometimes adjust the terms of loans accordingly. While the loan approval process is similar, we are much more approachable and willing to work with you. We strive to provide a personalized approach that values you and your financial situation.

Customer Service
Members report high satisfaction rates when conducting business with Toro Credit Union. It is our mission to provide members with affordable financial services because our goal is not to profit from a member.
*Federally insured by the NCUA. Equal Housing Opportunity. 
Mark Your Calendar

Monday, May 27th - Closed for Memorial Day

Friday, June 7th - Friday Summer Hours Start
CONNECT WITH US!

Lobby Hours: Monday - Friday, 8:30 am - 4 pm CST

Call Center Telephone Hours: Monday - Friday, 7 am - 8:30 am CST & 4 pm - 7 pm CST
Saturday, 7 am - 4 pm CST

Friday Summer Hours: 8:30 am to 12:30 pm (June 7th to August 30th)
 
Website: www.ToroFCU.org
Lending Email: lending@torofcu.org

Federally insured by the NCUA.   Equal Housing Opportunity.