Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
4700 Eagleridge Cir
Pueblo, CO 81008-2120

Minnequa Works Credit Union is headquartered in Pueblo and is the 17st largest credit union in the state of Colorado. It is also the 1,061st largest credit union in the nation. It was established in 1937 and as of March of 2014, it had grown to 45 employees and 18,734 members. Minnequa Works Credit Union has a B health rating.

Field of Membership Restrictions

Must be an employee of one of the select Small Employee Groups (SEG). Also open to anyone who worship in Pueblo County, live or work in Custer County or North East Pueblo County. - See Details

Reviews (1)

Good Service

Have treated me well for 25 years. Take care of all my needs.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Minnequa Works Credit Union had $2.47 million in non-current loans and owned real-estate with $19.46 million in equity and loan loss allowances on hand to cover it. This gives Minnequa Works Credit Union a Texas Ratio of 12.71% 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 Minnequa Works Credit Union experienced no significant changes from 12.91% as of March 31, 2013 to 12.71% as of March 31, 2014, resulting in a positive change of 1.60%.This indicates that the balance sheet and financial strength for Minnequa Works Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Minnequa Works Credit Union has decreased its total deposits by -$1.62 million, resulting in -1.08% 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 Minnequa Works Credit Union has shown is average.



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. Minnequa Works Credit Union has $166.85 million in assets with $19.46 million in equity, resulting in a capitalization level of 11.66%, which is excellent.

Institution Statistics

NCUA #68240
Year Chartered1937
Primary Regulator
Assets and Liabilities
Assets$166.85 million
Loans$69.42 million
Deposits$149.06 million
Equity Capital$17.06 million
Loan Loss Allowance$2.40 million
Unbacked Noncurrent Loans$2.17 million
Real Estate Owned$307,000
Historic Data - March 2013
Assets$167.79 million
Equity Capital$16.09 million
Loan Loss Allowance$2.35 million
Unbacked Noncurrent Loans$2.17 million
Real Estate Owned$84,000
Profit Margin - Quarterly
Net Interest Margin1.49%
Return on Assets0.55%
Return on Equity5.35%
Interest Income$1.21 million
Skip to rates for:

Always verify rates and promotions with the bank or credit union. We are not Minnequa Works Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Minnequa Works Credit Union Savings Account Rates

0.20%$25-IRA Shares Account
0.20%$25-Roth IRA Shares Account
0.20%$25-Educational IRA Share Account
0.10%$25-Christmas Club
0.10%$25-Savings (Share) Account

Minnequa Works Credit Union Money Market Rates

0.25%$25k-Money Market

Minnequa Works Credit Union CD Rates

1.50%$50k-60 Month Jumbo CD
1.45%$2,500-60 Month CD
1.15%$50k-48 Month Jumbo CD
1.10%$2,500-48 Month CD
1.00%$50k-36 Month Jumbo CD
0.95%$500-36 Month CD
0.70%$500-24 Month CD
0.45%$500-15 Month CD
0.45%$500-18 Month CD
0.40%$500-12 Month CD
0.25%$500-6 Month CD
0.15%$500-3 Month CD

Minnequa Works Credit Union IRA Rates

1.50%$50k-60 Month Jumbo IRA
1.45%$2k-60 Month IRA
1.45%$2k-60 Month Educational IRA
1.15%$50k-48 Month Jumbo IRA
1.10%$2k-48 Month IRA
1.10%$2k-48 Month Educational IRA
1.00%$50k-36 Month Jumbo IRA
0.95%$1k-36 Month IRA
0.70%$1k-24 Month IRA
0.45%$1k-18 Month IRA
0.40%$1k-12 Month IRA

Minnequa Works Credit Union Locations
Branch Office4700 Eagleridge CirPueblo, CO 810082120
Branch Office7 Bassick LnWestcliffe, CO 81252-8672
Branch Office1549 E Abriendo AvePueblo, CO 810043403
Branch Office701 W 8th StPueblo, CO 810032321
Branch Office1010 Bonforte BlvdPueblo, CO 810011834