ASSOCIATED HEALTHCARE Credit Union is headquartered in Woodbury and is the 37th largest credit union in the state of Minnesota. It is also the 1,454th largest credit union in the nation. It was established in 1953 and as of June of 2021, it had grown to 23 employees and 13,061 members at 5 locations. ASSOCIATED HEALTHCARE Credit Union has an A health rating.
Field of Membership Restrictions
Associated Healthcare CU is open to anyone who is a healthcare industry employee; including independent contractors and self-employed that work regularly in the healthcare industry, within the site listed counties. The complete list of exclusive counties and industry titles can be found on the website under the 'field-of-membership' heading off of the 'About-Membership' page.
See current membership details
Associated Healthcare Credit Union
I have been a member of Associated Healthcare Credit Union since I was an orderly at United Hospitals. I have used the credit union for everything from my checking (share) and savings account, loans for tires, cars, education and other funding. I have been a member for at least 40 years and am still a member today. I have always found their service to be second to none. They have ALWAYS gone out of their way to make things happen form me, with ready funding for whatever purpose I have needed. My daughter and son are now members and will likely stay that way for exactly the same reasons I am with them today. With all the banking options available to me today I choose Associated Healthcare Credit Union.
Data as of Q2 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60466 |
| Year Chartered | 1953 |
| Employees | 23 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.82% |
| Return on Equity - YTD | 8.41% |
| Annual Interest Income | $1.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $150.5MM$134.9MM |
| Loans | Q2 2021vs Q2 2020 | $100.8MM$90.9MM |
| Deposits | Q2 2021vs Q2 2020 | $135.5MM$121.2MM |
| Equity Capital | Q2 2021vs Q2 2020 | $14.7MM$13.6MM |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $271.00K$357.00K |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $131.00K$286.00K |
| Real Estate Owned | Q2 2021vs Q2 2020 | $0$0 |