Toro Employees vs Carpenters
Comparing a Credit Union in Bloomington, MN with a Credit Union in Saint Paul, MN using federal FDIC, NCUA, and CFPB data. Trust Grades reflect financial strength and complaint history.
| Toro Employees ↗ Credit Union · Bloomington, MN · Est. 1974 | Carpenters ↗ Credit Union · Saint Paul, MN · Est. 1953 | |
|---|---|---|
| Trust Grade | A · 98/100 | A · 98/100 |
| Institution type | Credit Union | Credit Union |
| Location | Bloomington, MN | Saint Paul, MN |
| Total assets | $42.0M | $43.9M |
| Net worth ratio | 14.0% | 16.0% |
| Return on assets | 1.6% | 1.5% |
| Shares & deposits | — | — |
| Members | 2,905 | 15,373 |
| CFPB complaints | 0 | 0 |
| Complaints / $1B assets | — | — |
| State rank | #3 of 81 | #6 of 81 |
| Established | 1974 | 1953 |
Toro Employees
- Assets: $42.0M
- Members: 2,905
- Capital ratio: 14.0%
- Return on assets: 1.6%
- CFPB complaints: 0
- State rank: #3 of 81
Carpenters
- Assets: $43.9M
- Members: 15,373
- Capital ratio: 16.0%
- Return on assets: 1.5%
- CFPB complaints: 0
- State rank: #6 of 81
Are both institutions federally insured?
Yes. Toro Employees is NCUA-insured and Carpenters 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, Toro Employees or Carpenters?
Based on Bankzia's Trust Grade — which blends financial strength (capital ratio, ROA) with CFPB complaint history — Toro Employees 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 Toro Employees safe?
Yes — Toro Employees 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 Carpenters safe?
Yes — Carpenters 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 Toro Employees vs Carpenters?
Toro Employees has a net worth ratio of 14.0%, placing it in the bottom 49% of <$100M peers. Carpenters's ratio is 16.0%, placing it in the top 39% of <$100M peers. A higher capital ratio generally signals a stronger financial cushion.
How many complaints does Toro Employees have compared to Carpenters?
The CFPB database shows 0 complaints against Toro Employees, and 0 complaints against Carpenters. 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 Toro Employees with other Credit Unions in Minnesota
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.
