Overview / Commentary
Affinity First Federal Credit Union is headquartered in Minot and is the 14th largest credit union in the state of North Dakota. It is also the 2,353rd largest credit union in the nation. It was established in 1959 and as of September of 2019, it had grown to 11 employees and 2,991 members at 1 location. Affinity First Federal Credit Union's CD rates are 68% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Affinity First Federal Credit Union is open to businesses, legal entities, and anyone who lives, works, worships or goes to school in Mountrail, Renville, Bottineau, Ward, McLean, or McHenry counties in North Dakota.
See current membership details
Health
B+
Data as of Q3 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Affinity First Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 12980 |
| Year Chartered | 1959 |
| Employees | 11 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.7% |
| Return on Equity - YTD | 4.49% |
| Annual Interest Income | $1.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $48.5MM$47.8MM |
| Loans | Q3 2019vs Q3 2018 | $26.7MM$26.8MM |
| Deposits | Q3 2019vs Q3 2018 | $40.9MM$40.5MM |
| Equity Capital | Q3 2019vs Q3 2018 | $7.5MM$7.2MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $153.00K$264.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $0$0 |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |