NORTH MEMORIAL Credit Union Profile

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NORTH MEMORIAL

Charter #16248 | NCUA Region 3 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (763) 367-7700

Fax: (763) 367-7725

Founding Date: N/A

Website: http://www.northmemorialfcu.com

Personnel & Operations

President: Miller, Steven

Manager: Garrett, Dana

FT Employees: 12

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 51

Branches: 2

Hours: M,T,TH - 8:30 - 4:30 WED 10 - 4:30 FRI -

Credit Union Profile Summary

NORTH MEMORIAL is a FCU Credit Union. With a total of 4,506 members [1], this institution manages approximately $49,971,000 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 11.46% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -3.24% [1].

Financial Snapshot

Total Assets [1]
$49,971,000

Total economic resources.

Total Loans [1]
$31,940,823

Total value of outstanding loans.

Total Deposits [1]
$44,088,972

Total funds deposited by members.

Members [1]
4,506

Number of active members.

Performance Ratios

Net Worth Ratio [1]
11.46%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.52%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
72.45%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 0.34%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -3.24%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↑ 0.31%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

3300 OAKDALE AVE N

ROBBINSDALE, MN, 55422-2926
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 2 branches reported by NORTH MEMORIAL (Charter #16248).

Main Office

North Memorial FCU Main Office

Type: Corporate Office

3300 Oakdale Ave N

Robbinsdale, MN 55422-2926

Phone: (763) 367-7700

Services: Member Services

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Additional Branches

Maple Grove

North Memorial FCU

Type: Branch Office

15601 Grove Cir N

Maple Grove, MN 55369-4489

Phone: (763) 255-2900

Services: Member Services, ATM, Drive-Thru

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