AREA Credit Union Profile
Showing details for AREA Credit Union.
Credit Union Profile for: AREA
AREA
Headquarters Contact & Staff
Contact & Info
Phone: (605) 225-2488
Fax: (605) 225-5737
Founding Date: N/A
Website: http://www.areafcu.org
Personnel & Operations
President: Thompson, Douglas
Manager: Streier, Steve
FT Employees: 31
PT Employees: 4
Designations & Ratios
MDI Status: No
RBC Ratio: 0%
Membership Type: 00
Branches: 2
Hours: Lobby M-F 9:00 AM - 5:00 PM Driveup M-F 7
Credit Union Profile Summary
AREA is a FCU Credit Union. With a total of 11,686 members [1], this institution manages approximately $188,715,859 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 16.72% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 9.81% [1].
Financial Snapshot
Performance Ratios
This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.
Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.
Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.
Four-Quarter Growth
Indicates change in total size. Positive growth means the credit union is expanding its operations.
Shows change in lending activity. Positive growth means they are actively increasing their lending business.
Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.
Headquarters Location & Map
Member Ratings & Reviews
Average Member Rating:
N/A / 5.0Total Approved Reviews:
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Branch Locations
Found 1 branches reported by AREA (Charter #274).
Main Office
Area Federal Credit Union Main Office
2324 8TH AVE NE
Aberdeen, SD 57401
Phone: (605) 225-2488
Services: Member Services, ATM, Drive-Thru