SOUTH METRO Credit Union Profile

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SOUTH METRO

Charter #24482 | NCUA Region 3 | FCU

Low-Income Designation: No

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (952) 445-0888

Fax: (952) 445-6487

Founding Date: N/A

Website: http://www.southmet.com

Personnel & Operations

President: Crofut, B Don

Manager: Engler, Kent

FT Employees: 34

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 6

Hours: 8-5 M-F

Credit Union Profile Summary

SOUTH METRO is a FCU Credit Union. With a total of 4,892 members ^[1], this institution manages approximately $173,643,389 in total assets ^[1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 8.89% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -3.09% ^[1].

Financial Snapshot

Total Assets ^[1]

$173,643,389

Total economic resources.

Total Loans ^[1]

$113,026,310

Total value of outstanding loans.

Total Deposits ^[1]

$161,298,728

Total funds deposited by members.

Members ^[1]

4,892

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

8.89%

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]

-0.08%

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

Loan-to-Share Ratio ^[1]

70.07%

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

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↓ -2.52%

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

Loan Growth (4Q) ^[1]

↓ -3.09%

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

Member Growth (4Q) ^[1]

↓ -1.61%

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

Headquarters Location & Map

Headquarters Address

2573 CREDIT UNION DR

PRIOR LAKE, MN, 55372

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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

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