RED WING Credit Union Profile

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RED WING

Charter #61778 | NCUA Region 3 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (651) 388-7133

Fax: (651) 388-7137

Founding Date: N/A

Website: http://www.redwingcu.com

Personnel & Operations

President: Mark, Daryl

Manager: DeJong, Aaron

FT Employees: 25

PT Employees: 8

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 1

Hours: M-F 8:30 to 5:00 Sat 8:30 to 12:00 Noon

Credit Union Profile Summary

RED WING is a FISCU Credit Union. With a total of 9,660 members [1], this institution manages approximately $204,179,100 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 11.56% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 4.00% [1].

Financial Snapshot

Total Assets [1]
$204,179,100

Total economic resources.

Total Loans [1]
$107,281,850

Total value of outstanding loans.

Total Deposits [1]
$183,739,071

Total funds deposited by members.

Members [1]
9,660

Number of active members.

Performance Ratios

Net Worth Ratio [1]
11.56%

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]
1.08%

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

Loan-to-Share Ratio [1]
58.39%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
14.23%

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

Loan Growth (4Q) [1]
4.00%

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

Member Growth (4Q) [1]
2.09%

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

Headquarters Location & Map

Headquarters Address

3303 N Service Dr

Red Wing, MN, 55066

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 RED WING (Charter #61778).

Main Office

Red Wing Credit Union Main Office

Type: Corporate Office

3303 N Service Dr

Red Wing, MN 55066

Phone: (651) 388-7133

Services: Member Services, ATM, Drive-Thru

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