Alexandria Schools Employees Credit Union
LOCATIONS
1
View locations
HEALTH RATING
B
View health report
CURRENT TOP RATE
2.00% APY
Savings Account
View all rates
Overview / Commentary
Alexandria Schools Employees Credit Union is headquartered in Alexandria and is the 89th largest credit union in the state of Minnesota. It is also the 4,430th largest credit union in the nation. It was established in 1954 and as of December of 2019, it had grown to 1 employees and 974 members at 1 location. Alexandria Schools Employees Credit Union's savings rates are 4X the national average, and it has a B health rating.
Field of Membership Restrictions
Alexandria Schools Employees Credit Union is open to employees and family members of the Alexandria Technical & Community College, Alexandria School District 206, and the Runestone Area Education District.
See current membership details
Health
B
Data as of Q4 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. Alexandria Schools Employees Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 64304 |
| Year Chartered | 1954 |
| Employees | 1 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.61% |
| Return on Equity - YTD | 3.35% |
| Annual Interest Income | $176.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $5.7MM$4.7MM |
| Loans | Q4 2019vs Q4 2018 | $4.9MM$4.2MM |
| Deposits | Q4 2019vs Q4 2018 | $4.7MM$3.7MM |
| Equity Capital | Q4 2019vs Q4 2018 | $1.0MM$980.00K |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $15.00K$15.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $17.00K$19.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |