ELECTRIC MACHINERY EMPLOYEES Credit Union Profile

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ELECTRIC MACHINERY EMPLOYEES

Charter #63988 | NCUA Region 3 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (612) 378-8100

Fax: (612) 378-8101

Founding Date: N/A

Website: https://www.emcu.org/

Personnel & Operations

President: Gross, Richard

Manager: Ericson, Greg

FT Employees: 2

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 1

Hours: 8:OOAM TO 4:30PM CLOSED FOR LUNCH 1:00PM-1

Credit Union Profile Summary

ELECTRIC MACHINERY EMPLOYEES is a FISCU Credit Union. With a total of 828 members [1], this institution manages approximately $8,499,235 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 24.44% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -13.53% [1].

Financial Snapshot

Total Assets [1]
$8,499,235

Total economic resources.

Total Loans [1]
$4,336,735

Total value of outstanding loans.

Total Deposits [1]
$6,345,139

Total funds deposited by members.

Members [1]
828

Number of active members.

Performance Ratios

Net Worth Ratio [1]
24.44%

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]
-0.87%

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

Loan-to-Share Ratio [1]
68.35%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -1.01%

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

Loan Growth (4Q) [1]
↓ -13.53%

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

Member Growth (4Q) [1]
↓ -10.20%

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

Headquarters Location & Map

Headquarters Address

800 CENTRAL AVE NE

MINNEAPOLIS, MN, 55413-2403
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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 ELECTRIC MACHINERY EMPLOYEES (Charter #63988).

Main Office

ELECTRIC MACHINERY EMPLOYEES CREDIT UNION Main Office

Type: Corporate Office

800 CENTRAL AVE NE

Minneapolis, MN 55413-2403

Phone: (612) 378-8100

Services: Member Services

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