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Overview / Commentary
763-572-1368
5210 Central Ave NE Ste 200
Minneapolis, MN 55421

Midland Co-Op Credit Union is headquartered in Minneapolis and is the 89th largest credit union in the state of Minnesota. It is also the 4,159th largest credit union in the nation. It was established in 1955 and as of March of 2018, it had grown to 2 employees and 1,581 members at 1 location. Midland Co-Op Credit Union has a C+ health rating.

Field of Membership Restrictions

Membership is open to employees of Minneapolis Collection Bureau, Marathon Orthotics, Inc., Minneapolis Concrete Sawing and Drilling, Hotsy Equipment Co., Minneapolis Oxygen Co., Minnesota Distributing & Manufacturing and over 20 local Select Employer Groups.
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Health
C+
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. Midland Co-Op Credit Union has a very low asset base.

Health Grade Components

Overall
NCUA #60958
Year Chartered1955
Employees2
Primary Regulator
Profit Margin
Return on Assets - YTD0.08%
Return on Equity - YTD0.78%
Annual Interest Income$59.00K
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$9.8MM$10.0MM
LoansQ1 2018vs Q1 2017$4.1MM$4.3MM
DepositsQ1 2018vs Q1 2017$8.7MM$8.9MM
Equity CapitalQ1 2018vs Q1 2017$1.0MM$1.0MM
Loan Loss AllowanceQ1 2018vs Q1 2017$11.00K$14.00K
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$27.00K$8.00K
Real Estate OwnedQ1 2018vs Q1 2017$0$0
Rates
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Midland Co-Op Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.03%$25-Share Savings
0.03%--Christmas Club
Locations


Midland Co-Op Credit Union Locations
Branch Office5210 Central Ave NE Ste 200Minneapolis, MN 55421-1824

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