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

Minnesota Ore Operations Employees Credit Union is headquartered in HIBBING and is the 92nd largest credit union in the state of Minnesota. It is also the 4,355th largest credit union in the nation. It was established in 1953 and as of December of 2017, it had grown to 1 employees and 1,027 members at 1 location. Minnesota Ore Operations Employees Credit Union has a B 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 - YTD0.03%
Return on Equity - YTD0.13%
Annual Interest Income$186.00K
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$7.9MM$7.9MM
LoansQ4 2017vs Q4 2016$2.0MM$2.2MM
DepositsQ4 2017vs Q4 2016$6.4MM$6.4MM
Equity CapitalQ4 2017vs Q4 2016$1.5MM$1.5MM
Loan Loss AllowanceQ4 2017vs Q4 2016$5.00K$5.00K
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$0$1,000
Real Estate OwnedQ4 2017vs Q4 2016$0$0
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Minnesota Ore Operations Employees Credit Union Savings Account Rates

0.35%--Share Savings

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

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