Novation

500 IMPERIAL AVE N, Oakdale, MN 55128

NCUA Insured3.6 (21 reviews)2 charter

Verified Information

NCUA Insured

Member-Owned

2 charter

Established in 1954

Contact this credit union directly for detailed information about membership eligibility and current rates.

Membership Eligibility

Anyone who lives, works, or worships in or around Oakdale, MN may be eligible to join. Community credit unions are open to the general public within their service area.

Check eligibility on their website →

Verified Information

NCUA Insured — deposits protected up to $250,000

Member-Owned — not-for-profit cooperative

2 charter

Established in 1954

Contact this credit union directly for detailed information about membership eligibility, current rates, and services.

Services Offered

Auto LoansPersonal LoansChecking AccountsMortgagesBusiness LoansCredit Cards

Location & Directions

Address

500 IMPERIAL AVE N

Oakdale, MN 55128

Google Maps 🗺Waze

(651) 739-8080

Service Area

This credit union is located in Oakdale and serves members in the MN area. Currently serving 14,498 members.

Membership Info:

Contact the credit union to confirm membership eligibility requirements for your area.

Note on Membership

Credit union membership is based on a common bond. Contact this credit union directly to confirm you qualify for membership.

Financial Health

Q4 2025 · NCUA

Key indicators from NCUA regulatory filings. Tap any metric to learn what it means.

Source: NCUA Federally Insured Credit Unions list, Q4 2025.

Loan Rates

Rates sourced from NCUA call report data (Q4 2025). Contact the credit union for current rates and terms.

New Auto Loan

4.95%

Used Auto Loan

6.05%

Personal Loan

12.50%

Credit Card APR

11.24%

Important: Rates are sourced from NCUA call report filings (Q4 2025) and reflect averages reported by the credit union — not guaranteed quotes. Contact the credit union directly for current rates and terms.

Your actual rate will vary based on your credit score, loan term, and financial profile. Personal loans and credit cards tend to see the most variation.

Best Rates in MN

Lowest rates currently reported by credit unions in MN (NCUA Q4 2025).

Mayo Employees— New Auto Loan

Rochester, MN

1.99%

Crow Wing Power— Used Auto Loan

Brainerd, MN

4.29%

Pipefitters-Steamfitters— Personal Loan

Woodbury, MN

7.75%

Greater Community— Credit Card APR

Dawson, MN

6.90%

Rates from NCUA regulatory filings. Contact credit unions directly for current rates.

Branches & Locations(2 total)

Member Reviews

3.6

21 Google reviews

Reviews sourced from Google Maps. Ratings reflect member experiences at this credit union.

View on Google Maps

Alyssa

a year ago

Novation has proven time and time again that they are focused on serving the financial needs of their members! While my life has taken me away from 3M, I have stayed with Novation and couldn't be happier. Every member of the staff I have interacted with has always gone above and beyond my expectations. If you are able to join, you must do so! Novation has consistently provided me with great banking, savings, credit, and loan options for whatever life throws my way. Thank you Novation!!!!

Brian Ostlie

4 years ago

I've been so impressed with the team at Novation Credit Union! In addition to having our normal checking and savings account with Novation, we have refinanced our home and held several car loans. What I have especially appreciated in each of these transactions has been the authentic support, competitive rates and ability to move fast and be flexible. Where some banks seem to create "speed bumps", Novation removes barriers and moves quickly to support their customers. Special thanks to Tina and Shahla whom I highly recommend working with on the loan front!

Brett W Richardson

a year ago

I love this Credit Union, but a situation arose on a Saturday involving a family member who banks here as well, it involved an attempted access by an unauthorized individual, the only number available is the N.O.V.A. AI, it’s terrible, you need live people sometimes, and the inability to speak to one was extremely aggravating!!!!

David Anderson

7 years ago

Been a member here for 10+ years, all staff are very polite and helpful, and the location is always clean and comfortable. I see a complaint about not being able to make cash deposits, and this is not true in my experience, my family has been able to deposit money in my account when I was unable to get to the bank myself. I'd like to see a small opening on weekends, but totally understand from a staff perspective not wanting to drive in for 4 hours of work on a Saturday AM. 5 star experience in all my years here.

Edward

10 years ago

They utilize technology very well. The website and app were recently updated and easier than ever to navigate. Mobile check deposits and easy money transfers have made them my banking service of choice. I haven't had to step into a brick and mortar location for years. Make the drive out to one, it's worth it. Also? No bull**** fees!