Anoka Hennepin Credit Union is headquartered in Coon Rapids and is the 21st largest credit union in the state of Minnesota. It is also the 1,064th largest credit union in the nation. It was established in 1963 and as of December of 2019, it had grown to 58 employees and 17,793 members at 6 locations. Anoka Hennepin Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Anoka Hennepin Credit Union is available to individuals who live, work, worship, volunteer or attend school in, and businesses and other entities located in, Anoka, Chisago, Hennepin, Isanti, Ramsey, or Washington Counties in Minnesota. In addition, membership is available to those who are employees and retirees of Anoka Hennepin School District #11; Anoka Hennepin Technical College; Federal Premium Ammunition; Hoffman Enclosures, Inc.; GRACO, Inc.; Anoka Hennepin Credit Union; and their subsidiaries.
See current membership details
New Fees On Accounts
They have instituted a series of charges and fees on everything from checking accounts to IRA's. We just cancelled our checking account with them, as they charge $2.95 a month, with no free checking for seniors.
Worse Financial Institute Ever!
Why do I have to give them one star? They deserve negative stars at best!
I've done business with both Credit Unions and the scary "BIG BANKS". Mind you both are a bunch of greedy worthless &(*#%@s! But I never had a "BIG BANKS" steal as much money from my accounts behind my back as AHCU did. I was under the impression that Credit Unions were not in it for the huge profit like the "BIG BANKS". Huge lie in the case of AHCU. As far as I'm concerned AHCU left a bad enough taste with me that I'll only do my business with "BIG BANKS" from now on. These people at AHCU are nothing more than lying theives! Take your money out and run before they take it all!
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60148 |
| Year Chartered | 1963 |
| Employees | 58 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.59% |
| Return on Equity - YTD | 6.19% |
| Annual Interest Income | $7.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $202.2MM$193.0MM |
| Loans | Q4 2019vs Q4 2018 | $117.8MM$111.1MM |
| Deposits | Q4 2019vs Q4 2018 | $181.6MM$173.5MM |
| Equity Capital | Q4 2019vs Q4 2018 | $19.1MM$17.9MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $593.00K$582.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $958.00K$1.2MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$427.00K |