Crow Wing Power Credit Union is headquartered in Brainerd and is the 43rd largest credit union in the state of Minnesota. It is also the 1,778th largest credit union in the nation. It was established in 1999 and as of December of 2019, it had grown to 9 employees and 5,389 members at 1 location. Crow Wing Power Credit Union's CD rates are 62% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Crow Wing Power CU of Minnesota is open to the Crow Wing Power members and/or employees and the People's Security customers and/or employees along with their direct family members.
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Great Local Credit Union
I used to bank with Crow Wing Power Credit Union and they were a great local bank with friendly faces. They knew my name and were always fairly flexible with anything that I needed to do. I had a checking account, savings account and certificate of deposit. Their interest rates were good and fees low but their online banking experience was limited. They do not have any mobil application for managing your money and their web interface was very basic. If you are willing to take less of an online experience in exchange for a friendly face and good interest rates, this would be the perfect bank for you.
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68389 |
| Year Chartered | 1999 |
| Employees | 9 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.51% |
| Return on Equity - YTD | 5.87% |
| Annual Interest Income | $2.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $85.3MM$83.0MM |
| Loans | Q4 2019vs Q4 2018 | $56.5MM$52.0MM |
| Deposits | Q4 2019vs Q4 2018 | $77.6MM$75.8MM |
| Equity Capital | Q4 2019vs Q4 2018 | $7.4MM$7.0MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $132.00K$138.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $150.00K$0 |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$7.00K |