Electric Machinery Employees
Electric Machinery Employees is a credit union based in Minneapolis, Minnesota, established in 1946, with $9 million in total assets serving 748 members. By Trust Grade it ranks 76th of 81 credit unions we track in Minnesota. Its net worth ratio of 24.0% is stronger than 88% of similarly sized credit unions, versus a Minnesota median of 12.2%. It posted a loss over the most recent period (-1.06% return on assets), a point to watch. No consumer complaints against Electric Machinery Employees appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Electric Machinery Employees compares to Minnesota peers
How we graded Electric Machinery Employees
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (24.0% capital ratio)
- Unprofitable over the period (ROA -1.06%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Electric Machinery Employees over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Electric Machinery Employees insured?
Yes. Electric Machinery Employees is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Electric Machinery Employees: frequently asked questions
Is Electric Machinery Employees a good credit union?
Electric Machinery Employees earns a Bankzia Trust Grade of B (80/100, "Strong"), based on a financial-strength score of 80/100 (it has no CFPB complaints on record). Strongly capitalized (24.0% capital ratio); Unprofitable over the period (ROA -1.06%).
Is Electric Machinery Employees NCUA-insured?
Yes. Electric Machinery Employees is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Electric Machinery Employees?
Electric Machinery Employees holds $9 million in total assets, ranking 76th of 81 credit unions we track in Minnesota. It serves 748 members.
Does Electric Machinery Employees have CFPB complaints?
No CFPB complaints against Electric Machinery Employees appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
