About Diversified Credit Union

Big enough to help you. Small enough to know you.

Diversified Credit Union is a not-for-profit cooperative. We return “profits” to our members in the form of higher dividends paid on savings, lower interest rates charged for loans, and expanded services. We’re here to enhance your financial well being – with solutions to maximize your money and your time. From friendly tellers who know your name to 2 a.m. credit card payments (in your bunny slippers), Diversified Credit Union offers the solutions you want and the service you deserve.

Hours & Locations

Downtown Minneapolis Office (LaSalle Plaza)

800 LaSalle Ave. Suite 104 |  Minneapolis, MN 55402
Click here for a map
Phone: 612-321-5300  |  Fax: 612-321-4401
Outside Metro: 800-333-7757
diversifiedcu@diversifiedcu.org
Open Mon-Fri, 8 am – 4 pm

CenterPoint Energy Office (Linden Ave.)

700 Linden Avenue West | Minneapolis, MN 55403
Click here for a map
Phone: 612-321-5300 | Fax: 612-321-5297
Open Mon-Fri, 8 am – 4 pm

Waseca Office

299 Johnson Ave. SW, Suite 130  |  Waseca, MN 56093
Click here for a map
Phone: 507-833-4320  |   Fax: 507-833-3724
Open Mon-Fri, 8 am  – 4 pm, Thursdays until 6 pm
Open Saturdays 9 am – Noon
DCU Hours and Locations

QUESTIONS?

Call us at 612-321-5300, 507-833-4320 or 1-800-333-7757 (toll-free) or email us at diversifiedcu@diversifiedcu.org.

LOST/STOLEN CARD?

For ATM or VISA Cash/Check Cards: 1-800-528-2273

For VISA Credit Cards: 1-800-449-7728

Who We Are at Diversified Credit Union

Minneapolis Gas Light Credit Union, now known as Diversified Credit Union, was organized in 1930 to serve the employees and the families of Minneapolis Gas Light, later Minnegasco and now CenterPoint Energy.

In 1988 our field of membership was expanded to include E.F. Johnson Company, now E.F. Johnson Technologies, in Waseca, Minnesota. As a result of E.F. Johnson Technologies acquisitions and newly created businesses, our membership included, Cinch Connectivity and Cal Amp. Further expansions brought in Itron in Waseca. In 2002, Dunwoody College of Technology teachers, employees, and their families became eligible to join Diversified Credit Union.

Several groups have been added since 2004 including anyone who lives, works, worships, volunteers, attends school and businesses and other legal entities, located in Anoka, Hennepin and Waseca Counties in Minnesota. Additional employer groups include Independent School District #829 (Waseca Public Schools).

At first, the credit union was formed as a place for members to save money. Our first member loan was for $25, which was used to finance a summer vacation. By the 1940s, our services had expanded dramatically. Payroll deductions from Minnegasco allowed members to make regular deposits to the credit union conveniently.

The credit union grew to reach $1 million in deposits by 1963 and then doubled its size during the next five years. By 1979, savings had reached $5 million. Today your credit union exceeds $36.5M in assets with over 3,000 members.

Our Mission Statement

It is the mission of Diversified Credit Union to improve the financial well-being of our membership.

Board of Directors

Michael Gilbertson* (2019)
Chris Hollen (2017)
Steve Marsh (2019)
Paul Miller (2017)
Jim Schaefer (2018)

Supervisory Committee

Joel Kadlec (2019)
Jason Pung* (2018)
Toni Riley (2018)

*Denotes chair

THANKS TO OUR MEMBER VOLUNTEERS!

Directors and supervisory committee members are elected at the credit union’s annual meeting each year. Each volunteer is elected to serve a 3-yr term. Expiring terms rotate to limit turnover each year.

The board of directors elects its own officers and is required to meet monthly. The supervisory committee elects its own chairperson. The supervisory committee is responsible for auditing the credit union’s books and records at its discretion and is required to send reports twice a year to the State of Minnesota Department of Commerce.

Contact Us

Phone Numbers

LaSalle Plaza Branch: 612-321-5300
Linden CenterPoint Branch: 612-321-5300
Waseca Branch: 507-833-4320
Toll-Free: 800-333-7757
TOUCH-TONE Teller: 800-879-8404
Lost/Stolen ATM or VISA Cash/Check Card: 800-528-2273
Lost/Stolen VISA Credit Card: 800-449-7728

Email Us

Regular email is not secure. NEVER include account numbers or other private data in email to our staff.

Small Business
Member Services
Consumer Loans
LaSalle Branch
Linden Branch
Waseca Branch
CEO/President
Contact Us

Fee Schedule

The rates and fees appearing in this Schedule are accurate and effective for accounts as of 12/13/2014. If you have any questions or require current rate and fee information on your accounts, please call the Credit Union.

Checking Account Fees and Charges

Return Item fee $30 per returned check or ACH item
NSF fee $30 per item
Stop Payment fee $30 per request
Deposited Item Return fee $5 per item
Replacement ATM Card fee $5 per card
Replacement Check Card fee $5 per card
Minimum Balance fee $5 per month on Lifestyle checking if daily balance falls below $200
Telephone Transfer fee (if made by calling a number other than TOUCH-TONE Teller $2 per transfer
Check Printing charge Prices vary depending on style.

Other Service Fees

Money Market – Minimum Balance fee $5 per month if the daily balance falls below $2500
Photocopy of Check fee $5 per item
Statement Copy fee $5 per copy
Prepaid Debit Card fee $5.95 per card, $2.50 per reload done by DCU
Account Research fee $15 per hour
Account Reconciliation fee $15 per hour
Wire Transfer (Incoming) fee $10 per transfer
Wire Transfer (Outgoing) fee $15 per transfer
Money Order fee $1 per item
Cashiers Check fee $5 per item
Official Check fee $2 per official check made payable to someone other than the member
Legal Process fee $25 per item
Check Cashing fee (If combined account balances are less than $200) $2 per item
Overdrawn Account fee $5 per day beginning on the 7th consecutive day the account is overdrawn
Inactive Account fee $5 per month, after two (2) years and balance under $100

Electronic Funds Transfer Fees

ATM Withdrawal fee $.75
NSF fee $30 per item
DCU Fee Schedule

Diversified Credit Union

LaSalle Plaza and Linden CenterPoint Branch 612-321-5300   |   Outside Metro 800-333-7757   |   Waseca Branch 507-833-4320

QUESTIONS?

Give us a call in Minneapolis at 612-321-5300, in Waseca at 507-833-4320, or toll-free at 800-333-7757.