Huron Area Education vs Area
Comparing a Credit Union in Huron, SD with a Credit Union in Aberdeen, SD using federal FDIC, NCUA, and CFPB data. Trust Grades reflect financial strength and complaint history.
| Huron Area Education ↗ Credit Union · Huron, SD · Est. 1952 | Area ↗ Credit Union · Aberdeen, SD · Est. 1935 | |
|---|---|---|
| Trust Grade | A · 98/100 | A · 98/100 |
| Institution type | Credit Union | Credit Union |
| Location | Huron, SD | Aberdeen, SD |
| Total assets | $18.5M | $200.2M |
| Net worth ratio | 12.3% | 16.7% |
| Return on assets | 1.1% | 1.3% |
| Shares & deposits | — | — |
| Members | 854 | 11,751 |
| CFPB complaints | 0 | 0 |
| Complaints / $1B assets | — | — |
| State rank | #5 of 33 | #1 of 33 |
| Established | 1952 | 1935 |
Huron Area Education
- Assets: $18.5M
- Members: 854
- Capital ratio: 12.3%
- Return on assets: 1.1%
- CFPB complaints: 0
- State rank: #5 of 33
Area
- Assets: $200.2M
- Members: 11,751
- Capital ratio: 16.7%
- Return on assets: 1.3%
- CFPB complaints: 0
- State rank: #1 of 33
Are both institutions federally insured?
Yes. Huron Area Education is NCUA-insured and Area is NCUA-insured. Both protect deposits up to $250,000 per depositor, per ownership category, regardless of Trust Grade. The Trust Grade reflects financial strength and complaint history — not the safety of insured deposits. Estimate your coverage →
Frequently asked questions
Which is better, Huron Area Education or Area?
Based on Bankzia's Trust Grade — which blends financial strength (capital ratio, ROA) with CFPB complaint history — Huron Area Education scores higher with a grade of A (98/100). However, "better" depends on your needs: if you prioritize branch access, local service, or membership eligibility for a credit union, the lower-scoring option may still be the right choice for you.
Is Huron Area Education safe?
Yes — Huron Area Education is NCUA-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected regardless of the institution's Trust Grade. Its Trust Grade is A (98/100), reflecting its financial strength and complaint history relative to peers.
Is Area safe?
Yes — Area is NCUA-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected. Its Trust Grade is A (98/100).
What is the capital ratio of Huron Area Education vs Area?
Huron Area Education has a net worth ratio of 12.3%, placing it in the bottom 35% of <$100M peers. Area's ratio is 16.7%, placing it in the top 7% of $100M–1B peers. A higher capital ratio generally signals a stronger financial cushion.
How many complaints does Huron Area Education have compared to Area?
The CFPB database shows 0 complaints against Huron Area Education, and 0 complaints against Area. The per-$1B rate adjusts for institution size and is a more meaningful comparison metric.
How does Bankzia calculate the Trust Grade?
The Trust Grade combines a financial strength score (based on capital ratio, return on assets, and other FDIC/NCUA metrics) with a customer experience score derived from CFPB complaint data. The scores are weighted and normalized within peer groups by institution size and type. See our full methodology for details.
Compare Huron Area Education with other Credit Unions in South Dakota
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is independent and not affiliated with any government agency or financial institution.
