MinnCO Credit Union

MinnCO Credit Union is headquartered in Cambridge and is the 18^st largest credit union in the state of Minnesota. It is also the 922^nd largest credit union in the nation. It was established in 1935 and as of December of 2012, it had grown to 59 employees and 24,769 members. MinnCO Credit Union has a 5-star health rating.

MinnCO Credit Union Routing Number: 291973386

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Data for Q4 2012

Institution Statistics MINNCO NCUA # 63639 BankRate Report View Year Chartered 1935 Employees 59 Primary Regulator Assets and Liabilities Assets $191.60 million Loans $111.65 million Deposits $172.06 million Equity Capital $18.11 million Loan Loss Allowance $1.96 million Unbacked Noncurrent Loans $1.07 million Real Estate Owned $1.85 million Historic Data - December 2011 Assets $178.39 million Equity Capital $16.42 million Loan Loss Allowance $1.93 million Unbacked Noncurrent Loans $2.45 million Real Estate Owned $1.80 million Profit Margin - Quarterly Net Interest Margin 5.38% Return on Assets 0.88% Return on Equity 9.36% Interest Income $7.33 million Non-Interest Income $3.89 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 MinnCO Credit Union had $2.93 million in non-current loans and owned real-estate with $20.07 million in equity and loan loss allowances on hand to cover it. This gives MinnCO Credit Union a Texas Ratio of 14.58% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for MinnCO Credit Union decreased slightly from 23.17% as of December 31, 2011 to 14.58% as of December 31, 2012, resulting in a positive change of 37.08%.This indicates that the balance sheet and financial strength for MinnCO Credit Union has improved slightly in recent periods. Deposit Growth In the past year, MinnCO Credit Union has increased its total deposits by $11.71 million, resulting in 7.3% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth MinnCO Credit Union has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. MinnCO Credit Union has $191.6 million in assets with $20.07 million in equity, resulting in a capitalization level of 10.48%, which is above average.

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