Embarrass Vermillion Federal Credit Union


Overview / Commentary
218-229-2048
600 W 3rd Ave. N
Aurora, MN 55705

Embarrass Vermillion Federal Credit Union is headquartered in Aurora and is the 49th largest credit union in the state of Minnesota. It is also the 2,259th largest credit union in the nation. It was established in 1941 and as of December of 2024, it had grown to 16 employees and 4,795 members at 5 locations. Embarrass Vermillion Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Embarrass Vermillion Federal Credit Union is open to businesses and individuals who work, go to school, or worship in Northern St. Louis County north of Highway 16. Immediate family are also eligible.
See current membership details

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Health
B+
Additional 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. Embarrass Vermillion Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #4708
Year Chartered1941
Employees16
Primary Regulator
Profit Margin
Return on Assets - YTD2.06%
Return on Equity - YTD13.23%
Annual Interest Income$3.3MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$60.6MM$58.5MM
LoansQ4 2024vs Q4 2023$46.4MM$42.3MM
DepositsQ4 2024vs Q4 2023$50.8MM$49.9MM
Equity CapitalQ4 2024vs Q4 2023$9.4MM$8.1MM
Loan Loss AllowanceQ4 2024vs Q4 2023$244K$174K
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$598K$805K
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates

Rates for Embarrass Vermillion Federal Credit Union are currently being reviewed.

Locations


Embarrass Vermillion Federal Credit Union Locations
Branch Office505 Main StTower, MN 55790-5004
Branch Office4880 Highway 21Embarrass, MN 55732-8244
Branch Office600 W 3rd Ave NAurora, MN 55705-1269
Branch Office5342 Lake shore DRNett Lake, MN 55772-1200
Branch Office1432 Bois Forte RDTower, MN 55790

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