Loan Rates - Effective Thursday, September 20, 2018
Loan TypeRates as low asTerms/Information
Personal Loan9.000%Be Free-in-3
Shared Secured2.250%Lower rate by pledging your primary shares
Personal Line of Credit9.000%Have peace of mind
New Auto Loan3.200%Affordable payments and terms
Used Auto Loan3.700%Purchase or refinance to save money
Boat or Camper4.000%Put a little fun in your life!
ATV or Snowmobile8.000%Have fun in your life no matter the season
Home Equity Line of Credit5.000%Access equity in your home when you need it
Home Equity4.000%Fixed rate 5 year term
Home Equity5.000%Fixed rate 10 year term
Home Equity5.750%Fixed rate 15 year term
Certificate Rates - Effective Thursday, September 20, 2018
Certificate TermAPYMinimum Deposit
6 MONTH CERTIFICATE0.950%$500.00
6 MONTH CERTIFICATE1.150%$25,000.00
12 MONTH CERTIFICATE1.250%$500.00
12 MONTH CERTIFICATE1.450%$25,000.00
24 MONTH CERTIFICATE1.650%$500.00
24 MONTH CERTIFICATE1.850%$25,000.00
36 MONTH CERTIFICATE1.850%$500.00
36 MONTH CERTIFICATE2.050%$25,000.00
24 MTH STEP UP CD1.650%$1,000.00
24 MTH STEP UP CD1.850%$25,000.00
36 MTH STEP UP CD1.850%$1,000.00
36 MTH STEP UP CD2.050%$25,000.00
12 MONTH IRA CD1.450%$500.00
24 MONTH IRA CD1.850%$500.00
36 MONTH IRA CD2.050%$500.00
Savings Rates - Effective Tuesday, September 4, 2018
PRIMARY SHARE0.250%$5.00$105.00
SECONDARY SAVINGS0.250%$5.00$105.00
MONEY MARKET0.250%$2,500.00$105.00
MONEY MARKET0.400%$2,500.00$2,500.00
MONEY MARKET0.500%$2,500.00$10,000.00
MONEY MARKET0.700%$2,500.00$25,000.00
MONEY MARKET0.800%$2,500.00$50,000.00
MONEY MARKET1.100%$2,500.00$100,000.00
HOLIDAY SAVINGS CLUB0.500%$0.00$5.00
BALANCE PLUS CHECKING0.120%$500.00$500.00
EZ CHECKING0.000%$50.00$0.00
TRADITIONAL IRA0.250%$105.00$5.00
TRADITIONAL IRA0.400%$105.00$2,500.00
TRADITIONAL IRA0.500%$105.00$10,000.00
TRADITIONAL IRA0.700%$105.00$25,000.00
TRADITIONAL IRA0.800%$105.00$50,000.00
TRADITIONAL IRA1.100%$105.00$100,000.00

First Mortgages


Toro Employees Federal Credit Unions offers competitive fixed-rate first mortgage refinancing up to 15 years. Less Hassle..Less Paperwork..Lower Closing Costs.

  •  Payment example: A $40,000 loan at 3.50% for 15 years, assuming 80% Loan to Value, would have a principal and interest payment of $285.95.  MN & WI homes only.

Contact a Toro Employees FCU loan officer at 952-887-8012 for more details and current rates. Equal Housing Lender.


Toro Employees Federal Credit Union also offers a full menu of first mortgages through our partner company. Fixed Rate, Adjustable Rate, VA, FHA, Jumbo and Balloon Loans are available for purchases or refinances.

First Class Mortgage Banner1


Looking to purchase or sell your home? Contact CU Realty at 651-787-9555 or visit Licensed in MN and WI.

CU Realty is a division of CU Companies, which is owned by 66 credit unions in Minnesota and partners with many more.  You won’t see billboard or tv advertising for us, because much of our business comes from relationships with our credit union owners and partners, who consider us a trusted partner.   

The Minnesota Home Ownership Center is an independent, non-profit provider of information and resources to help Minnesotans obtain and maintain home ownership. Counseling support is available in English, Hmong and Spanish. The Center can also arrange for interpretation services in another language, if necessary.

Home Equity

  • The credit union offers Home Equity loans at fixed-rates for up to 15 years or Home equity line of credit loans at a variable rate tied to the prime rate .
  • We offer competitive rates, flexible payment options and use the money for whatever you need.
  • You can borrow up to $250,000 depending upon the equity in your home. We may be able to use your most recent tax assessed value or a recent appraisal.
  • Our loans have no pre-payment penalties, no early termination fees and low fees.
  • Convenient repayment through payroll deduction or an automatic transfer from any of your deposit accounts.
  • Loans are offered in Minnesota and Wisconsin.

Please consult your tax adviser regarding the tax deductibility of interest.

Phone: (952) 887-8012 or 1-800-525-0051

Autos & Recreation

Drive the vehicle of your dreams with a credit union low loan rate and affordable payments.

Click here to apply for an auto loan and get pre-approved at an affordable monthly payment or call us at 952-887-8012 or 1-800-525-0051 to apply by phone with one of our loan officers.

  • Convenient repayment through payroll deduction or an automatic transfer from any of your deposit accounts.
  • Work with someone you know and trust.
  • When is a rebate better than 0% financing? Click here
  • Put a Little Fun in Your Life! We also offer a variety of recreation vehicle loans such as boats, motorcycles, snowmobiles, jet skis, campers and RV’s. The length of the loan depends upon the loan amount and the year of collateral. Please consult with the loan officer.

Loan Payment Protection Plans

  • GAP Coverage to protect your vehicle in the event your auto is stolen or involved in a major accident. We also offer Mechanical Breakdown Coverage for your auto.
  • You can purchase low-cost credit life and credit disability insurance – loan protection, just in case. This insurance is offered through CUNA Mutual Insurance and the benefits paid per premium dollar are the highest in the industry so you know you are getting a great value for the insurance dollar.*

For questions on our Payment Protection Plans call our Loan Department at 952-887-8012.

*Your purchase of additional loan insurance coverage is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative for a full explanation of the terms. Payment Protection solutions include: MEMBER’S CHOICE® credit life and credit disability insurance products underwritten by CUNA Mutual Insurance Society. Mechanical Repair Coverage is underwritten by Route 66. GAP Protection is a loan deficiency waiver and is not offered as insurance coverage. The above insurance products are not federally insured, are not obligations of the Credit Union,  and are not guaranteed by the Credit Union.

Need a quote on Auto Insurance? Click here for a quote from Trustage Insurance

Auto Buying Services

Use a discount auto broker to save you time, money and the hassle out of buying a new or pre-owned automobile. Get preapproved for an auto loan at the credit union and then call the auto broker to find you the vehicle you want. Auto brokers can usually get fleet or discounted pricing to save you money. TORO members will be able to get the very best pricing in the Minneapolis/St. Paul area on both new and used autos at time of sale without the haggling.



Integrity Autosource  612-799-8944

Eliminating the Stress of Car Buying for our Members

At Toro FCU, we understand how stressful buying a car can be.  In an effort to eliminate this stress, Toro FCU has partnered with Integrity Autosource. Integrity Autosource is a company that has reinvented the car buying experience specifically for credit union members – making it simple, professional and hassle-free.

Integrity Autosource has been helping credit union members purchase their desired vehicles for over 20 years.  And, there are no fees to members for this service!

For credit union members, Integrity Autosource will help locate:

  • Any make
  • Any model
  • New or used
  • Purchase or Lease
  • Any budget
  • And they accept trade-ins


We’d like to introduce you to Blake Broghammer from Integrity Autosource.  Below, Blake explains a bit more about the services they provide for Toro FCU members.

New vehicle cost savings for members:

“Because of the volume of new cars we sell, we receive the fleet/dealer invoice pricing for credit union members, and still offer any new car rebates and incentives.  More often than not we’re able to help member’s purchase or lease new cars at prices they aren’t able to negotiate for themselves.”

Ensuring quality when purchasing used vehicles:

”When members want to purchase a used car, we ensure that the used cars we offer are Autocheck certified and fully serviced. We only sell cars that have passed our thorough mechanical inspection and are up to date on service.”

Concierge service:

“We work with the credit union lending staff to make sure the process is seamless for you, the member.  We are convenient; we can meet you at your home or office to look at your trade-in and to deliver your car.  It’s really that simple and that hassle-free.”

Contact information:

Blake Broghammer


Personal/Line of Credit

Get a personal line of credit you meet your varied credit needs. Access anytime by just giving the main office a call or stop in to get a check.

  • You can also use as overdraft protection on a checking account or as backup for a Toro Credit Union’s Cash and Check Card.
  • A $20 annual fee is assessed to the line every December.
  • Term is two years and the payment amount is 5% of your balance or $25 whichever is greater.

Personal loans are for any purpose for a fixed amount ranging from $500 to $20,000 up to 5 years. Be Free in 3 Loan with rates as low as 9.00% APR, you can get the money you need and have it paid off in three years. Certain Restrictions Apply.

Click here to apply for an personal loan or call us at 952-887-8012 or 1-800-525-0051 to apply by phone with one of our loan officers.


Amortization Calculator



Payment table will appear here.

Note: This calculator is provided only to give an estimate of your loan. Your payment schedule may vary. This calculator is based on an interest rate less than 10%. Talk to your loan representative for additional details.

Auto Loan Calculator



Loan Calculator




  • Type in the purchase price, number of payments (months), and annual percentage rate into the corresponding form fields.
  • Click on the button marked Calculate.
  • Your results will appear in the Results box.

Note: This calculator is provided only to give an estimate of your loan. Your monthly payment and total amount paid may vary. Talk to your loan representative for additional details.

Investment Yield Calculator



Skip your loan payment for one month due to temporary layoff or unexpected expenses.

There is a $20 fee per loan. Complete a Skip-A-Pay and return it to the credit union. Interest continues to accrue during the Skip a Pay period and the payment will be added to the end of your loan.


  • Use Skip a Pay once per year and three over life of loan
  • Does not apply to real estate loans, savings secured loans and Personal Lines of Credit.
  • Once processed, it cannot be canceled and the fee is non-refundable.

If you have a question regarding your loan and qualification, call us at 952-887-8012 or 1-800-525-0051.