Members Cooperative Credit Union is headquartered in Duluth and is the 8th largest credit union in the state of Minnesota. It is also the 408th largest credit union in the nation. It was established in 1936 and as of March of 2025, it had grown to 200 employees and 56,933 members at 12 locations. Members Cooperative Credit Union has a B health rating.
Members Cooperative Credit Union is open to businesses and other legal entities, and anyone who lives, works, worships, or attends school in the Minnesota counties of Aitkin, Anoka, Beltrami, Carlton, Cass, Chisago, Cook, Crow Wing, Isanti, Itasca, Kanabec, Koochiching, Lake, Mille Lacs, Pine, St. Louis, or Washington, or Douglas County, Wisconsin. Relatives of current Members Cooperative Credit Union members also qualify for membership.
See current membership details
Overall | |
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NCUA # | 60216 |
Year Chartered | 1936 |
Employees | 200 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.49% |
Return on Equity - YTD | 5.32% |
Annual Interest Income | $13.2MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $1.15B$1.18B |
Loans | Q1 2025vs Q1 2024 | $935.6MM$940.5MM |
Deposits | Q1 2025vs Q1 2024 | $944.3MM$951MM |
Equity Capital | Q1 2025vs Q1 2024 | $107.1MM$101.1MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $6.5MM$4.9MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $12.5MM$14.2MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $491K$59K |
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