Hibbing Cooperative Credit Union is headquartered in Hibbing and is the 44th largest credit union in the state of Minnesota. It is also the 1,820th largest credit union in the nation. It was established in 1938 and as of June of 2019, it had grown to 11 employees and 8,284 members at 1 location. Hibbing Cooperative Credit Union has an A health rating.
Field of Membership Restrictions
Hibbing Co-op Credit Union of Minnesota is open to anyone that purchases a $10. share in the Consumers Co-op Company and by depositing a $5. minimum into a share account.
See current membership details
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60164 |
| Year Chartered | 1938 |
| Employees | 11 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.13% |
| Return on Equity - YTD | 9.88% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $81.9MM$77.8MM |
| Loans | Q2 2019vs Q2 2018 | $24.1MM$19.5MM |
| Deposits | Q2 2019vs Q2 2018 | $72.1MM$68.8MM |
| Equity Capital | Q2 2019vs Q2 2018 | $9.4MM$8.5MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $217.00K$182.00K |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $283.00K$217.00K |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Hibbing Cooperative Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Hibbing Cooperative Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.45%* | $75k* | - | Regular Share Account | ||
| OTHER TIERS: 0.07% → $10 - $2k | 0.25% → $2k - $75k | |||||
| 0.30% | $10 | - | Vacation Club Account | ||
| 0.25% | $10 | - | IRA Share Account | ||
Hibbing Cooperative Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.30% | $10 | - | Money Market Account |
Hibbing Cooperative Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.01% | $1k | - | Share Draft Account |
Hibbing Cooperative Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.50% | - | - | 30 Month Share Certificate | |
| 0.40% | - | - | 12 Month Share Certificate | |
| 0.35% | - | - | 6 Month Share Certificate |
Hibbing Cooperative Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.50% | - | - | 30 Month IRA Certificate | |
| 0.40% | - | - | 12 Month IRA Certificate | |
| 0.35% | - | - | 6 Month IRA Certificate |
| Hibbing Cooperative Credit Union Locations | ||
|---|---|---|
| Branch Office | 217 W 42nd St | Hibbing, MN 55746 |