TellerScore

Headquartered in Duluth, Minnesota, Minnesota Power Employees Credit Union is a federally insured state-chartered credit union with $161.9M in total assets and $135.9M in member shares and deposits as of Q2 2026. It operates 2 offices. Its charter dates back to 1933.

Minnesota Power Employees Credit Union has a TellerScore of 72 out of 100 (strong) based on Q2 2026 data — higher than 57% of its 1,341 credit unions with $100 million – $1 billion. Among 80 credit unions headquartered in Minnesota, it ranks 40th. Capital cushion contributes the most (97/100, 14.66%); loan quality contributes the least (36/100, 1.92%).

TellerScore · Q2 2026

Scorecard

Capital cushion97/100
Net worth ratio: 14.66%
Loan quality36/100
Loans 60+ days delinquent ÷ total loans: 1.92%
Earnings74/100
Return on assets (annualized): 1.34%
Funding & liquidity75/100
Loans ÷ shares: 85.3% · 7.2% uninsured
Problem-loan coverage81/100
Delinquent loans + foreclosed assets ÷ (net worth + loan-loss reserves): 9.40%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score fell 11 points (83 → 72), mostly because the loan quality component weakened by 57 points.

TellerScore
727884Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterTellerScore
Q2 202482
Q3 202482
Q4 202476
Q1 202584
Q2 202583
Q3 202580
Q4 202580
Q1 202677
Q2 202672
Net worth ratio
7.00%10.83%14.66%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterNet worth ratio
Q2 202413.36%
Q3 202413.45%
Q4 202412.98%
Q1 202513.62%
Q2 202513.90%
Q3 202513.93%
Q4 202514.26%
Q1 202613.62%
Q2 202614.66%
Delinquent loans (60+ days)
0.03%0.98%1.92%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterDelinquent loans (60+ days)
Q2 20240.11%
Q3 20240.03%
Q4 20240.30%
Q1 20250.18%
Q2 20250.21%
Q3 20250.37%
Q4 20250.72%
Q1 20260.95%
Q2 20261.92%
Return on assets
0.77%1.06%1.35%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterReturn on assets
Q2 20241.01%
Q3 20240.99%
Q4 20240.77%
Q1 20251.35%
Q2 20251.27%
Q3 20251.05%
Q4 20251.18%
Q1 20261.26%
Q2 20261.34%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202672$161.9M14.66%1.92%1.34%85.3%
Q1 202677$170.3M13.62%0.95%1.26%83.9%
Q4 202580$158.9M14.26%0.72%1.18%91.4%
Q3 202580$158.2M13.93%0.37%1.05%98.2%
Q2 202583$156.7M13.90%0.21%1.27%98.2%
Q1 202584$156.5M13.62%0.18%1.35%96.4%
Q4 202476$160.2M12.98%0.30%0.77%94.9%
Q3 202482$153.9M13.45%0.03%0.99%94.3%
Q2 202482$152.2M13.36%0.11%1.01%91.0%

1,341 peers · $100 million – $1 billion

How it compares with peers

Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio14.66%
83rd
Problem loans1.92%
7th
Net charge-offs0.04%
93rd
Return on assets1.34%
83rd
Loans to deposits85.3%
28th
Uninsured deposits7.2%
37th
Loan-loss reserves0.00%
50th
Texas ratio9.4%
15th

Similar-size credit unions in Minnesota

InstitutionScoreAssetsCapitalProblem loansCompare
Harbor Pointe Credit UnionCredit union Duluth, MN73 out of 100, Strong$158.5M13.6%1.31%vs
Heartland Credit UnionCredit union Inver Grove Hei, MN60 out of 100, Moderate$172.0M10.1%0.83%vs
Northwoods Credit UnionCredit union Cloquet, MN71 out of 100, Strong$175.2M9.9%0.49%vs
Associated Healthcare Credit UnionCredit union Woodbury, MN76 out of 100, Strong$175.8M13.3%0.62%vs
Leading Edge Credit UnionCredit union Worthington, MN54 out of 100, Below average$143.2M8.9%0.96%vs
South Metro Federal Credit UnionCredit union Prior Lake, MN51 out of 100, Below average$184.8M8.1%0.50%vs

Deposit insurance

Is my money safe at Minnesota Power Employees Credit Union?

Yes. Minnesota Power Employees Credit Union is a federally insured credit union (NCUA charter #60377). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

An estimated 7.2% of shares and deposits ($9.8M) are above the $250,000 NCUA insurance limit, close to the peer median of 6%. Insured balances are protected regardless of the score.

The net worth ratio is 14.66%, well above the 7% level regulators use as the "well capitalized" benchmark for this measure.

Check how much of your own balance is covered

2 locations

Branches

Minnesota Power Employees Credit Union lists 2 offices in 1 city. Most locations:

All branch addresses and map

Identity & history

Profile

Legal name
Minnesota Power Employees Credit Union
Type
Federally insured state-chartered credit union
NCUA charter #
60377
RSSD ID
89292
Primary regulator
State + NCUA
Established
1933
Headquarters
30 W Superior St Ste 126, Duluth, MN 55802
Employees
20

Quick answers

Minnesota Power Employees Credit Union: common questions

Is Minnesota Power Employees Credit Union NCUA insured?

Yes. Minnesota Power Employees Credit Union is a federally insured credit union (NCUA charter #60377). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

What is Minnesota Power Employees Credit Union's TellerScore?

72 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

How many branches does Minnesota Power Employees Credit Union have?

2 offices as of the latest NCUA data.

Nearby

Highest-scoring banks and credit unions with branches near Duluth

InstitutionScoreAssetsCapitalProblem loansCompare
Duluth Police Department Employees Credit UnionCredit union Duluth, MN91 out of 100, Very strong$7.8M22.8%0.41%vs
Indianhead Credit UnionCredit union Spooner, WI86 out of 100, Very strong$101.2M15.0%0.78%vs
Centricity Credit UnionCredit union Hermantown, MN85 out of 100, Very strong$340.5M14.0%0.79%vs
Superior Municipal Employees Credit UnionCredit union Superior, WI79 out of 100, Strong$3.0M16.5%0.00%vs
North Shore Federal Credit UnionCredit union Silver Bay, MN74 out of 100, Strong$284.8M12.8%0.33%vs
Superior Savings BankBank Superior, WI74 out of 100, Strong$98.8M16.3%1.15%vs