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 85th largest credit union in the state of Minnesota. It is also the 4,125th largest credit union in the nation. It was established in 1955 and as of June of 2018, it had grown to 2 employees and 1,573 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 - YTD0.1%
Return on Equity - YTD0.97%
Annual Interest Income$122.00K
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$9.8MM$10.0MM
LoansQ2 2018vs Q2 2017$4.2MM$4.4MM
DepositsQ2 2018vs Q2 2017$8.8MM$9.0MM
Equity CapitalQ2 2018vs Q2 2017$1.0MM$1.0MM
Loan Loss AllowanceQ2 2018vs Q2 2017$11.00K$10.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$0$0
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Rates
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Midland Co-Op Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.04%$25-Share Savings
0.04%--Christmas Club
Locations


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

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