Minnequa Works Credit Union is headquartered in Pueblo and is the 18th largest credit union in the state of Colorado. It is also the 1,119th largest credit union in the nation. It was established in 1937 and as of June of 2020, it had grown to 39 employees and 14,082 members at 4 locations. Minnequa Works Credit Union has an A+ health rating.
Good Service
Have treated me well for 25 years. Take care of all my needs.
Minnequa Works
Minnequa Works Credit Union is the best bank I've ever been with. Thus, I've refused to leave them as the customer service is out of this world. On top of that my wife and I can forget overdrafts, no it's not protection, but it's not $25 dollars either, only $2.50 like an ATM. They usually return this fee right away too.
The online banking is great, but can be a bit touchy. It's really to use interface with your own personal app area, makes banking rock!
Overall I would give them 4 outta 5 only because everyone has room for improvement, I'm just waiting to see a flaw or one person not great me. Perhaps even a line in the bank or drive through?
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68240 |
| Year Chartered | 1937 |
| Employees | 39 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.59% |
| Return on Equity - YTD | 4.74% |
| Annual Interest Income | $3.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $209.2MM$188.2MM |
| Loans | Q2 2020vs Q2 2019 | $77.3MM$71.2MM |
| Deposits | Q2 2020vs Q2 2019 | $182.4MM$162.6MM |
| Equity Capital | Q2 2020vs Q2 2019 | $25.5MM$23.8MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $881.00K$813.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $246.00K$715.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |