RED LAKE CO OP
Red Lake Falls, MN · Federal Credit Union · Chartered in MN
Who can join
Association-based
Members
1,439
Net Worth Ratio
12.93%
min. 7% = Well Capitalized
Credit unions are exempt from CRA. The Community Reinvestment Act applies only to FDIC-insured banks and thrifts. Credit unions are regulated by NCUA and evaluated under a separate safety and soundness framework.
At a Glance
Total Assets
$7.0M
Peer Group 2
Members
1,439
as of latest quarter
Net Worth Ratio
12.93%
Well Capitalized
Institution Profile
NCUAWebsite
Phone
Address
Chartered
Branch Locations
Membership Eligibility
Financial Snapshot
Total Assets
$7.0M
Total Shares
$6.1M
Total Loans
$4.6M
Net Income
$3K
Net Worth Ratio
12.93%
≥7% = Well Capitalized
Members
1,439
Return on Assets
0.04%
annualized · >0.5% healthy
Loan-to-share ratio: 75.3%· healthy range 60–80%
Branch Locations
NCUARecords
111 2nd St SW, Red Lake Falls, MN, 56750-4015
8:30am-3pm Mon, Tue, Wed 8:30am-6pm Thur 9am-5pm Fri 9am-noon Sat
CU Office
111 2nd St SW, Red Lake Falls, MN, 56750-4015
8:30am-3pm Mon, Tue, Wed 8:30am-6pm Thur 9am-5pm Fri 9am-noon Sat
Mortgage Lending (HMDA)
Credit unions that originate mortgages report Home Mortgage Disclosure Act (HMDA) data to the CFPB. This data covers application volumes, approvals, denials, and borrower demographics.
Consumer Complaints
No CFPB complaint data available for this credit union.
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<a href="https://bankscorer.com/credit-union/red-lake-co-op" target="_blank" rel="noopener">View RED LAKE CO OP on Bank Scorer</a>Data sourced from NCUA 5300 Call Report and branch data. Updated quarterly.