Overview / Commentary
St. Paul Federal Credit Union is headquartered in Saint Paul and is the 23rd largest credit union in the state of Minnesota. It is also the 1,078th largest credit union in the nation. It was established in 1953 and as of June of 2020, it had grown to 25 employees and 12,765 members at 4 locations. St. Paul Federal Credit Union's money market rates are 59% higher than the national average, and it boasts an A+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, or do business in St. Paul or downtown Minneapolis, and to various employment groups, including Local 110 Electricians and United States Federal Employees.
See current membership details
Health
A+
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24358 |
| Year Chartered | 1953 |
| Employees | 25 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.53% |
| Return on Equity - YTD | 4.3% |
| Annual Interest Income | $3.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $220.1MM$174.2MM |
| Loans | Q2 2020vs Q2 2019 | $142.5MM$146.2MM |
| Deposits | Q2 2020vs Q2 2019 | $193.3MM$148.8MM |
| Equity Capital | Q2 2020vs Q2 2019 | $25.9MM$24.4MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $1.3MM$1.6MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $60.00K$736.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |