Alexandria Schools Employees Credit Union
LOCATIONS
1
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HEALTH RATING
B
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CURRENT TOP RATE
2.00% APY
Savings Account
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Overview / Commentary
Alexandria Schools Employees Credit Union is headquartered in Alexandria and is the 88th largest credit union in the state of Minnesota. It is also the 4,368th largest credit union in the nation. It was established in 1954 and as of March of 2020, it had grown to 1 employees and 979 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.
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Health
B
Data as of Q1 2020
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 | 3.52% |
| Annual Interest Income | $49.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2020vs Q1 2019 | $6.1MM$5.0MM |
| Loans | Q1 2020vs Q1 2019 | $4.8MM$4.3MM |
| Deposits | Q1 2020vs Q1 2019 | $5.1MM$4.0MM |
| Equity Capital | Q1 2020vs Q1 2019 | $1.0MM$988.00K |
| Loan Loss Allowance | Q1 2020vs Q1 2019 | $15.00K$15.00K |
| Unbacked Noncurrent Loans | Q1 2020vs Q1 2019 | $18.00K$18.00K |
| Real Estate Owned | Q1 2020vs Q1 2019 | $0$0 |