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Overview / Commentary
218-262-1607
2540 E Beltline Ste 1
Hibbing, MN 55746

Minnesota Ore Operations Employees Credit Union is headquartered in HIBBING and is the 97th largest credit union in the state of Minnesota. It is also the 4,474th largest credit union in the nation. It was established in 1953 and as of September of 2016, it had grown to 1 employees and 1,071 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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Health
B
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

Overall
NCUA #64325
Year Chartered1953
Employees1
Primary Regulator
Profit Margin
Return on Assets - YTD-0.03%
Return on Equity - YTD-0.18%
Annual Interest Income$128.00K
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$8.1MM$8.1MM
LoansQ3 2016vs Q3 2015$2.2MM$2.2MM
DepositsQ3 2016vs Q3 2015$6.6MM$6.6MM
Equity CapitalQ3 2016vs Q3 2015$1.5MM$1.5MM
Loan Loss AllowanceQ3 2016vs Q3 2015$5.00K$5.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$1,000$15.00K
Real Estate OwnedQ3 2016vs Q3 2015$0$0
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Minnesota Ore Operations Employees Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.03%--Share Savings
Locations


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