member Login

Minnesota Credit Union Network

  • Advocacy
    • Advocacy Programs >
      • GAC
      • Impact 23
      • Hike the Hill
    • Grassroots Action Center >
      • GREAT
      • Grassroots Coordinator Program
      • Project Zip Code
    • Support CU Advocacy >
      • Advocacy Fund
    • Regulatory Affairs
    • Political Publications
  • Professional Development
    • Calendar >
      • Event Policies
    • GAC
    • MonDak Roundtable
    • Accelerate 24: Annual Conference
    • LEAD 23 Conference >
      • LEAD 23 Sponsors and Exhibitors
    • Peer-to-Peer
    • Webinars
    • MnCUN Mobile App
    • Chapters
    • Committees
    • Trailblazers
    • Tristate Mentorship Match
    • The CREW
    • Women's Leadership Network
  • Member Resources
    • Online Member Tools
    • MN CU Employee Benefits Plan >
      • Benefits Plan | Requesting a Quote
      • Guardian Life
    • Compliance >
      • Compliance and Audit Services
      • Submit a Compliance Question
      • PolicyAid
      • Elder Financial Abuse Prevention
    • CU FORWARD
    • DEI >
      • CDFI Resources
    • News
    • Publications
    • The Pulse
    • Awareness Campaign
    • Awards >
      • Professional and Director of the Year
      • Marketing Awards
      • National Awards
  • About
    • About MnCUN >
      • Contact Us
      • Our Team
      • Board of Directors
    • About Credit Unions >
      • Impact Report
    • Partner with Us
    • CU Green
    • Health Savings Account Finder
  • Jobs
  • Solutions
    • Partner with Us
    • TriState Product & Services
    • TruLync
    • TruLync Medicare Advisors
    • Strategic Planning and Consulting
  • Foundation
    • Capital Drive Village Financial
    • Contribute
    • Apply for a Grant >
      • DEI Grant Application
      • CUDE Grant Application
      • Financial & Audit Professional Grant Application
      • GAC Scholarship Application
      • Financial Education Grant Application
      • Professional Development Grant Application
      • Pandemic Relief Grants
    • Financial Education Resources
    • CU Builder >
      • CU Builder - Previous
    • Foundation Programs >
      • Enhanced FiCEP Program
    • CU4Kids
    • Scholarship Council >
      • FSC Scholarship Application
  • Advocacy
    • Advocacy Programs >
      • GAC
      • Impact 23
      • Hike the Hill
    • Grassroots Action Center >
      • GREAT
      • Grassroots Coordinator Program
      • Project Zip Code
    • Support CU Advocacy >
      • Advocacy Fund
    • Regulatory Affairs
    • Political Publications
  • Professional Development
    • Calendar >
      • Event Policies
    • GAC
    • MonDak Roundtable
    • Accelerate 24: Annual Conference
    • LEAD 23 Conference >
      • LEAD 23 Sponsors and Exhibitors
    • Peer-to-Peer
    • Webinars
    • MnCUN Mobile App
    • Chapters
    • Committees
    • Trailblazers
    • Tristate Mentorship Match
    • The CREW
    • Women's Leadership Network
  • Member Resources
    • Online Member Tools
    • MN CU Employee Benefits Plan >
      • Benefits Plan | Requesting a Quote
      • Guardian Life
    • Compliance >
      • Compliance and Audit Services
      • Submit a Compliance Question
      • PolicyAid
      • Elder Financial Abuse Prevention
    • CU FORWARD
    • DEI >
      • CDFI Resources
    • News
    • Publications
    • The Pulse
    • Awareness Campaign
    • Awards >
      • Professional and Director of the Year
      • Marketing Awards
      • National Awards
  • About
    • About MnCUN >
      • Contact Us
      • Our Team
      • Board of Directors
    • About Credit Unions >
      • Impact Report
    • Partner with Us
    • CU Green
    • Health Savings Account Finder
  • Jobs
  • Solutions
    • Partner with Us
    • TriState Product & Services
    • TruLync
    • TruLync Medicare Advisors
    • Strategic Planning and Consulting
  • Foundation
    • Capital Drive Village Financial
    • Contribute
    • Apply for a Grant >
      • DEI Grant Application
      • CUDE Grant Application
      • Financial & Audit Professional Grant Application
      • GAC Scholarship Application
      • Financial Education Grant Application
      • Professional Development Grant Application
      • Pandemic Relief Grants
    • Financial Education Resources
    • CU Builder >
      • CU Builder - Previous
    • Foundation Programs >
      • Enhanced FiCEP Program
    • CU4Kids
    • Scholarship Council >
      • FSC Scholarship Application

News

ARTICLE

Date ArticleType
5/9/2022 9:20:16 PM Member News

Royal Credit Union Acquisition of New Inver Grove Heights Office is Complete: Grand Opening Plans Announced

Royal Credit Union - INVER GROVE HEIGHTS, Minn. - Royal Credit Union (Royal) announced that its acquisition of the Inver Grove Heights, Minnesota office of Deerwood Bank is complete. The office, located at 7055 Cahill Avenue in Inver Grove Heights, is Deerwood Bank’s only facility included in the acquisition.

Member accounts were converted May 6-8 and the office opened as Royal Credit Union on May 9, 2022.

“The acquisition offered Royal the opportunity to bring our values and community involvement to an area of Minnesota that is a logical connection between our current Edina, St. Paul, Apple Valley, and St. Croix Valley offices,” said Brandon Riechers, Royal Credit Union President & CEO. “Royal’s investment in this new location will expand our ability to serve our Members in Minnesota and will strengthen our commitment as a dynamic community partner and trusted financial.”

The lobby of the Royal office in Inver Grove Heights is open 9:00 a.m.-5 p.m. weekdays and by appointment on Saturdays. Drive-up hours will be 8:00 a.m.-5 p.m. weekdays and 9:00 a.m.-12 p.m. Saturdays. A drive-up ATM is also available 24 hours a day. The new Members were mailed a personal welcome guide explaining the transition process and outlining the benefits of being a Royal Credit Union Member.

The grand opening celebration for the office will begin on Tuesday, May 31, 2022. Members are invited to visit the office throughout the week for a special treat and the chance to enter a drawing for large gift baskets. The official ribbon cutting will occur on June 1, 2022.

 

About Royal Credit Union

Royal Credit Union is a federally insured credit union proudly serving over 250,000 Members in Minnesota and Wisconsin. Royal is driven by a core ideology built on a strong purpose and values. You can open an account or apply for a low-rate loan at Royal Credit Union if you live or work in 26 counties in western Wisconsin or 16 counties in Minnesota. Counties served in Wisconsin include Adams, Ashland, Bayfield, Barron, Buffalo, Burnett, Chippewa, Clark, Douglas, Dunn, Eau Claire, Jackson, Lincoln,

Marathon, Pepin, Pierce, Polk, Portage, Price, Rusk, Sawyer, St. Croix, Taylor, Trempealeau, Washburn, and Wood. Counties served in Minnesota include Anoka, Carver, Chisago, Dakota, Goodhue, Hennepin, Isanti, Olmsted, Pine, Ramsey, Scott, Sherburne, Wabasha, Washington, Winona and Wright. Realtors in the state of Wisconsin or Minnesota are also eligible to join the credit union. Visit rcu.org or call Royal Credit Union at 800-341-9911 for more information.

Partner with Us
Contact Us
Request login credentials
About MnCUN
​
About Credit Unions
​CUNA
Picture
Copyright Minnesota Credit Union Network.  All Rights Reserved.
555 Wabasha Street North, Suite 200 |  Saint Paul, MN 55102
Phone: (651) 288-5170 | info@mncun.org | sitemap
If you are using a screen reader and are having problems using this website, please call (800) 477-1034 or email info@mncun.org for assistance.


Picture