HURON AREA EDUCATION Credit Union Profile

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HURON AREA EDUCATION

Charter #7599 | NCUA Region 3 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (605) 352-1311

Fax: (605) 352-2979

Founding Date: N/A

Website: https://www.huronareaeducationfcu.c

Personnel & Operations

President: DeBoer, Robert

Manager: JURGENS, KRISTEN

FT Employees: 3

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 04

Branches: 1

Hours: M-F 8:30-5:30

Credit Union Profile Summary

HURON AREA EDUCATION is a FCU Credit Union. With a total of 853 members [1], this institution manages approximately $17,477,583 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 11.95% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 3.04% [1].

Financial Snapshot

Total Assets [1]
$17,477,583

Total economic resources.

Total Loans [1]
$9,069,221

Total value of outstanding loans.

Total Deposits [1]
$15,317,684

Total funds deposited by members.

Members [1]
853

Number of active members.

Performance Ratios

Net Worth Ratio [1]
11.95%

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]
1.45%

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

Loan-to-Share Ratio [1]
59.21%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
2.53%

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

Loan Growth (4Q) [1]
3.04%

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

Member Growth (4Q) [1]
-0.35%

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

Headquarters Location & Map

Headquarters Address

1855 ARIZONA AVE SW

HURON, SD, 57350-6582

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 HURON AREA EDUCATION (Charter #7599).

Main Office

HAEFCU OFFICE Main Office

Type: Corporate Office

1855 Arizona Ave SW

Huron, SD 57350-6582

Phone: (605) 352-1311

Services: Member Services, Drive-Thru

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