Electric Machinery Employees Credit Union
Electric Machinery Employees Credit Union is headquartered in MINNEAPOLIS and is the 88th largest credit union in the state of Minnesota. It is also the 4,224th largest credit union in the nation. It was established in 1946 and as of September of 2018, it had grown to 2 employees and 1,208 members at 1 location. Electric Machinery Employees Credit Union's CD rates are 39% higher than the national average, and it has a B health rating.
Field of Membership Restrictions
Electric Machinery Employee Credit Union of Minnesota is open to the employees of these select credit union affiliated companies: Minneapolis, Electric Machinery, Minneapolis, Bokers, Fridley, Timmerman Fishing, and Rush City, LaCalhene. Membership eligibility also extends to include the family members of these eligible persons.
See current membership details
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 63988 |
| Year Chartered | 1946 |
| Employees | 2 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.95% |
| Return on Equity - YTD | 3.77% |
| Annual Interest Income | $256.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $8.6MM$8.5MM |
| Loans | Q3 2018vs Q3 2017 | $5.1MM$4.6MM |
| Deposits | Q3 2018vs Q3 2017 | $6.4MM$6.4MM |
| Equity Capital | Q3 2018vs Q3 2017 | $2.2MM$2.1MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $45.00K$44.00K |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $71.00K$103.00K |
| Real Estate Owned | Q3 2018vs Q3 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Electric Machinery Employees Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Electric Machinery Employees Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.35% | - | - | IRA Savings Account | |
| 0.15% | $10 | - | Passbook Savings Account |
Electric Machinery Employees Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.25% | $500 | - | 1 Year CD |
Electric Machinery Employees Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.25% | $500 | - | 1 Year IRA CD |
| Electric Machinery Employees Credit Union Locations | ||
|---|---|---|
| Branch Office | 800 CENTRAL AVE NE | MINNEAPOLIS, MN 55413-2403 |