Overview / Commentary
Harbor Pointe Credit Union is headquartered in Duluth and is the 38th largest credit union in the state of Minnesota. It is also the 1,508th largest credit union in the nation. It was established in 1933 and as of March of 2025, it had grown to 26 employees and 8,043 members at 3 locations. Harbor Pointe Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Harbor Pointe Credit Union is open to those who live or work in the Minnesota counties of Carlton, Douglas, Itasca (eastern) Lake, or Saint Louis, or those who work, worship, or attend school in the Minnesota communities of Duluth, Hermantown, or Proctor. Family members of a current member of Harbor Pointe Credit Union are eligible to join.
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60207 |
| Year Chartered | 1933 |
| Employees | 26 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.81% |
| Return on Equity - YTD | 6.45% |
| Annual Interest Income | $1.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $148.7MM$147.1MM |
| Loans | Q1 2025vs Q1 2024 | $117.7MM$115MM |
| Deposits | Q1 2025vs Q1 2024 | $129.6MM$130.2MM |
| Equity Capital | Q1 2025vs Q1 2024 | $18.4MM$16MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $866K$1MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $296K$186K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |