HIBBING COOPERATIVE Credit Union Profile

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HIBBING COOPERATIVE

Charter #60164 | NCUA Region 3 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (218) 263-8815

Fax: (218) 263-5078

Founding Date: N/A

Website: http://www.hccu.net

Personnel & Operations

President: Kangas, Gary

Manager: Vitters, Waylon

FT Employees: 12

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 1

Hours: M-F 8:00AM -5:00PM

Credit Union Profile Summary

HIBBING COOPERATIVE is a FISCU Credit Union. With a total of 8,117 members [1], this institution manages approximately $105,697,063 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 17.41% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 0.24% [1].

Financial Snapshot

Total Assets [1]
$105,697,063

Total economic resources.

Total Loans [1]
$33,337,421

Total value of outstanding loans.

Total Deposits [1]
$87,561,737

Total funds deposited by members.

Members [1]
8,117

Number of active members.

Performance Ratios

Net Worth Ratio [1]
17.41%

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]
2.69%

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

Loan-to-Share Ratio [1]
38.07%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
3.23%

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

Loan Growth (4Q) [1]
0.24%

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

Member Growth (4Q) [1]
-2.23%

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

Headquarters Location & Map

Headquarters Address

217 W 42nd St

Hibbing, MN, 55746

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 HIBBING COOPERATIVE (Charter #60164).

Main Office

Hibbing Cooperative Credit Union Main Office

Type: Corporate Office

217 W 42nd St

Hibbing, MN 55746

Phone: (218) 263-8815

Services: Member Services, Drive-Thru

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