Overview / Commentary
2540 E Beltline Ste 1
Hibbing, MN 55746

Minnesota Ore Operations Employees Credit Union is headquartered in HIBBING and is the 90th largest credit union in the state of Minnesota. It is also the 4,389th largest credit union in the nation. It was established in 1953 and as of June of 2018, it had grown to 2 employees and 1,028 members at 1 location. Minnesota Ore Operations Employees Credit Union has a C+ health rating.

Field of Membership Restrictions

Membership is open to employees of U.S. Steel Minnesota Ore Operations and members of IBEW Local Union 294 of Hibbing.
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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. Minnesota Ore Operations Employees Credit Union has a very low asset base.

Health Grade Components

NCUA #64325
Year Chartered1953
Primary Regulator
Profit Margin
Return on Assets - YTD0%
Return on Equity - YTD0%
Annual Interest Income$94.00K
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$7.3MM$7.9MM
LoansQ2 2018vs Q2 2017$2.0MM$2.1MM
DepositsQ2 2018vs Q2 2017$5.8MM$6.4MM
Equity CapitalQ2 2018vs Q2 2017$1.5MM$1.5MM
Loan Loss AllowanceQ2 2018vs Q2 2017$5.00K$5.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$0$0
Real Estate OwnedQ2 2018vs Q2 2017$0$0
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Minnesota Ore Operations Employees Credit Union Savings Account Rates

0.10%$10-Share Savings

Minnesota Ore Operations Employees Credit Union Locations
Branch Office2540 E Beltline Ste 1HIBBING, MN 55746-2306

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