Carpenters Federal Credit Union
Overview / Commentary
Carpenters Federal Credit Union is headquartered in Saint Paul and is the 70th largest credit union in the state of Minnesota. It is also the 3,128th largest credit union in the nation. It was established in 1953 and as of June of 2016, it had grown to 5 employees and 18,279 members at 1 location. Carpenters Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to employees and those affiliated with the North Central States Regional Council of Carpenters and employees of JATC.
See current membership details
Health
B+
Data as of Q2 2016
Learn more about bank healthAdditional 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. Carpenters Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 24676 |
| Year Chartered | 1953 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.05% |
| Return on Equity - YTD | 25.12% |
| Annual Interest Income | $302.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $25.6MM$20.3MM |
| Loans | Q2 2016vs Q2 2015 | $9.3MM$8.8MM |
| Deposits | Q2 2016vs Q2 2015 | $23.5MM$18.3MM |
| Equity Capital | Q2 2016vs Q2 2015 | $2.1MM$1.5MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $155.00K$152.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $20.00K$28.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $0$0 |
Rates
Skip to rates for:
Report an Issue
Always verify rates and promotions with the bank or credit union. We are not Carpenters Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Carpenters Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | - | - | Savings Account |
Carpenters Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | $2,500 | - | Money Market Account |
Locations
| Carpenters Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 720 Olive St | Saint Paul, MN 55130-4405 |