News & Press: Credit Union News

Wakota Federal Credit Union Named ‘Best Place to Bank’ for Second Consecutive Year

Wednesday, August 16, 2017  
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Wakota Federal Credit Union - SOUTH ST. PAUL, Minn. (August 16, 2017) - The communities of South St. Paul, Inver Grove Heights, West St. Paul, Lilydale and Mendota Heights, readers of the Southwest Review, voted Wakota Federal Credit Union as the “Best Place to Bank” for 2017.


“It is an honor being selected for the second consecutive year as the “Best Place to Bank” by Southwest Review readers.” stated Mary Matheson, President and CEO of Wakota Federal Credit Union (WFCU). “Our supportive and amazing team, continuously strive to make the banking experience easy and enjoyable. As a not-for-profit financial cooperative since 1931, our member-owners know the value of the credit union difference. Thank you to the South-West Review and all who voted for us. We appreciate this recognition and look forward to the future as we continue to serve our community!”


At Wakota FCU, members are more than another account number; they are the member-owners of the credit union. WFCU wouldn’t be what it is today without the dedicated volunteer Board of Directors and the loyal membership.


“I believe our unique and engaged staff, extensive services and personalized products are what sets us apart from the competition” said Patty Koran, Vice President at WFCU. “We try to make a difference in the individual lives of our members; they know and appreciate that.” Wakota FCU strives to be the bridge to a successful financial future.


About Wakota Federal Credit Union

Established in 1931, Wakota Federal Credit Union formally known as Armour Credit Union was originally formed to provide “Savings and Thrift” to the Armour Foods employees and their families. Our name was changed in 1997 to Wakota Federal Credit Union as we became a community and federally chartered credit union. The name Wakota is derived from a bridge in South St. Paul that connects Washington and Dakota Counties. Wakota is a word that is easily identifiable to the community of South St Paul where our main office is located. Wakota FCU has grown considerably since its inception and now services all of Dakota County providing all the “Big Bank” services with that small home town feel. We are ‘Your Banking Alternative,’ committed to the cooperative principles. While our heart is in South St Paul, our members can transact business at over 5000 credit union shared branches locally, nationally and worldwide or online with our mobile app. To learn more visit or call us at 651.451.3330


Minnesota Credit Union Network
555 Wabasha Street N, Suite 200
St. Paul, MN 55102

(651) 288-5170
(800) 477-1034