Overview / Commentary
Fulda Area Credit Union is headquartered in Fulda and is the 36th largest credit union in the state of Minnesota. It is also the 1,469th largest credit union in the nation. It was established in 1986 and as of December of 2019, it had grown to 52 employees and 10,262 members at 6 locations. Fulda Area Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Fulda Area Credit Union is open to those who live, work, attend school or worship in 40 townships in Nobles, Murray, Cottonwood and Jackson counties in Minnesota.
See current membership details
Health
B+
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 66867 |
| Year Chartered | 1986 |
| Employees | 52 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.1% |
| Return on Equity - YTD | 0.95% |
| Annual Interest Income | $5.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $121.6MM$118.9MM |
| Loans | Q4 2019vs Q4 2018 | $97.5MM$100.7MM |
| Deposits | Q4 2019vs Q4 2018 | $108.7MM$106.2MM |
| Equity Capital | Q4 2019vs Q4 2018 | $12.1MM$12.0MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $306.00K$307.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $1.2MM$1.3MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |