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Overview / Commentary
952-736-5000
1400 Riverwood Dr
Burnsville, MN 55337

US Federal Credit Union is headquartered in Burnsville and is the 3rd largest credit union in the state of Minnesota. It is also the 232nd largest credit union in the nation. It was established in 1971 and as of December of 2013, it had grown to 168 employees and 70,559 members. US Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

You can if you live, work, worship, attend school, or volunteer in the Greater Twin Cities Community (Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington Counties) or in the city of Northfield or its surrounding communities -OR- if you have an immediate family member (spouse, children, siblings, parents, grandparents, stepparents, stepchildren, stepsiblings, or adoptive relationships) who is eligible. - See Details

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Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
A

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, 2013 US Federal Credit Union had $8.74 million in non-current loans and owned real-estate with $93.69 million in equity and loan loss allowances on hand to cover it. This gives US Federal Credit Union a Texas Ratio of 9.33% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for US Federal Credit Union decreased slightly from 11.77% as of December 31, 2012 to 9.33% as of December 31, 2013, resulting in a positive change of 20.70%.This indicates that the balance sheet and financial strength for US Federal Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
B+

In the past year, US Federal Credit Union has increased its total deposits by $23.36 million, resulting in 2.89% 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 US Federal Credit Union has shown is above average.

Capitalization

GRADE:
B+

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. US Federal Credit Union has $928.9 million in assets with $93.69 million in equity, resulting in a capitalization level of 10.09%, which is above average.

Institution Statistics

Overall
NCUA #24297
Year Chartered1971
Employees168
Primary Regulator
Assets and Liabilities
Assets$928.90 million
Loans$632.69 million
Deposits$832.24 million
Equity Capital$87.02 million
Loan Loss Allowance$6.67 million
Unbacked Noncurrent Loans$6.00 million
Real Estate Owned$2.75 million
Historic Data - December 2012
Assets$896.13 million
Equity Capital$80.84 million
Loan Loss Allowance$7.60 million
Unbacked Noncurrent Loans$6.00 million
Real Estate Owned$4.28 million
Profit Margin - Quarterly
Net Interest Margin3.91%
Return on Assets0.92%
Return on Equity9.78%
Interest Income$31.54 million
Rates

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

US Federal Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.40%$100k-Relationship Rewards
0.30%--Daily Savings IRA
0.30%--Daily Savings Roth IRA
0.15%--Christmas Savings Account
0.15%--Preferred Savings Account
0.10%--Share Savings Account

US Federal Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.30%$100k-Money Market Account

US Federal Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
1.50%-$25kAmplified Checking
0.30%$25k-Capital Business Checking
0.05%--First Step Checking
0.05%--Amplified Checking
0.05%--Free Checking

US Federal Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
2.01%$50k-5 Year CD Special
1.55%$90k-60 Month Jumbo Savings CD
1.46%$500-42 Month CD Special
1.45%$500-60 Month Savings CD
1.15%$500-47 Month Savings CD
0.90%$90k-36 Month Jumbo Savings CD
0.90%$90k-36 Month MAX Jumbo Savings CD
0.80%$500-36 Month Savings CD
0.80%$1k-36 Month MAX CD
0.60%$90k-24 Month Jumbo Savings CD
0.60%$90k-24 Month MAX Jumbo Savings CD
0.50%$500-24 Month Savings CD
0.50%$1k-24 Month MAX CD
0.50%$90k-12 Month Jumbo Savings CD
0.50%$90k-18 Month Jumbo Savings CD
0.50%$90k-12 Month MAX Jumbo Savings CD
0.40%$1k-12 Month Savings CD
0.40%$500-18 Month Savings CD
0.40%$1k-12 Month MAX CD
0.40%$90k-6 Month Jumbo Savings CD
0.35%$90k-91 Day Jumbo Savings CD
0.30%$1k-6 Month Savings CD
0.25%$1k-91 Day Savings CD

US Federal Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
2.01%$50k-5 Year IRA Certificate Special (Traditional,Roth)
1.55%$50k-60 Month Jumbo IRA (Traditional,Roth)
1.45%$1k-60 Month IRA (Traditional,Roth)
1.15%$1k-48 Month IRA (Traditional,Roth)
0.90%$50k-36 Month Jumbo IRA (Traditional,Roth)
0.80%$1k-36 Month IRA (Traditional,Roth)
0.60%$50k-24 Month Jumbo IRA (Traditional,Roth)
0.50%$1k-24 Month IRA (Traditional,Roth)
0.50%$50k-12 Month Jumbo IRA (Traditional,Roth)
0.40%$1k-12 Month IRA (Traditional,Roth)
Locations

US Federal Credit Union has 11 locations. Click to view all US Federal Credit Union locations.