TRANSIT OPERATIONS Credit Union Profile

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TRANSIT OPERATIONS

Charter #24539 | NCUA Region 3 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (612) 338-9985

Fax:

Founding Date: N/A

Website: https://www.tofcu.org

Personnel & Operations

President: Williamson, Traci

Manager: Schultz, JoAnn

FT Employees: 1

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 52

Branches: 2

Hours: TUES-FRI 9-4

Credit Union Profile Summary

TRANSIT OPERATIONS is a FCU Credit Union. With a total of 668 members [1], this institution manages approximately $3,811,820 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 18.82% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -20.20% [1].

Financial Snapshot

Total Assets [1]
$3,811,820

Total economic resources.

Total Loans [1]
$1,369,240

Total value of outstanding loans.

Total Deposits [1]
$3,090,363

Total funds deposited by members.

Members [1]
668

Number of active members.

Performance Ratios

Net Worth Ratio [1]
18.82%

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]
0.07%

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

Loan-to-Share Ratio [1]
44.31%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
-0.40%

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

Loan Growth (4Q) [1]
-20.20%

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

Member Growth (4Q) [1]
4.70%

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

Headquarters Location & Map

Headquarters Address

725 N 7TH ST

MINNEAPOLIS, MN, 55411

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by TRANSIT OPERATIONS (Charter #24539).

Main Office

MAIN Main Office

Type: Corporate Office

725 N 7TH ST

Minneapolis, MN 55411

Phone: (612) 338-9985

Services: Member Services

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