Transit Operations
Transit Operations is a credit union based in Minneapolis, Minnesota, established in 1936, with $4 million in total assets serving 643 members. By Trust Grade it ranks 61st of 81 credit unions we track in Minnesota. Its net worth ratio of 17.0% is stronger than 67% of similarly sized credit unions, versus a Minnesota median of 12.2%. It posted a loss over the most recent period (-0.28% return on assets), a point to watch. No consumer complaints against Transit Operations appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Transit Operations compares to Minnesota peers
How we graded Transit Operations
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (17.0% capital ratio)
- Unprofitable over the period (ROA -0.28%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Transit Operations over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Transit Operations insured?
Yes. Transit Operations 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.
Transit Operations: frequently asked questions
Is Transit Operations a good credit union?
Transit Operations earns a Bankzia Trust Grade of B (87/100, "Strong"), based on a financial-strength score of 87/100 (it has no CFPB complaints on record). Strongly capitalized (17.0% capital ratio); Unprofitable over the period (ROA -0.28%).
Is Transit Operations NCUA-insured?
Yes. Transit Operations 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 Transit Operations?
Transit Operations holds $4 million in total assets, ranking 61st of 81 credit unions we track in Minnesota. It serves 643 members.
Does Transit Operations have CFPB complaints?
No CFPB complaints against Transit Operations 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.
