Carpenters Federal Credit Union Saint Paul, Minnesota
Carpenters Federal Credit Union is a federal credit union headquartered in Saint Paul, MN, established in 1953 (NCUA charter 24676), and it is regulated and insured by the NCUA. At Q2 2026 it reported 15,286 members and total assets of $44.3M (up 3.8% from Q2 2025), the 53rd largest of 79 credit unions headquartered in Minnesota. Its net worth ratio was 16.03% at Q2 2026, in the well capitalized band.
Also written as Carpenters FCU
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- Federal credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 24676
- Headquarters
- Saint Paul, MN
- Established
- 1953
- Total assets, Q2 2026
- $44.3M
- Assets vs Q2 2025
- +3.8%
- Members, Q2 2026
- 15,286
- Net worth ratio, Q2 2026
- 16.03%
- Latest call report
- Q2 2026, NCUA 5300 · Carpenters Federal Credit Union call report
- Asset rank in state
- 53rd of 79 in Minnesota
- Routing number
- 296075807
- Branches
- 3
It has 361 fewer members than on June 30, 2025 (-2.3%). Its net worth ratio was up 1.19 percentage points from 14.84% on June 30, 2025. Used vehicle loans are its largest loan category, $10.1M of $19.1M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 1.01% is above the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 16.03% net worth ratio is above that band's 14.31% median.
Credit unions similar in size in Minnesota
Frequently asked about Carpenters Federal Credit Union
How big is Carpenters Federal Credit Union?
At Q2 2026 it reported total assets of $44.3M and 15,286 members.
Where is Carpenters Federal Credit Union headquartered?
It is headquartered in Saint Paul, MN, United States.
When was Carpenters Federal Credit Union founded?
It was established in 1953, per NCUA records.
Is Carpenters Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 24676): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Carpenters Federal Credit Union?
It is a federal credit union, chartered and supervised by the NCUA.
Is Carpenters Federal Credit Union well capitalized?
Its net worth ratio was 16.03% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Carpenters Federal Credit Union's delinquency ratio?
Its delinquency ratio was 1.01% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Carpenters Federal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 50.66% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Saint Paul, MN 55130
- Charter Type
- Federal credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1953
- NCUA Charter #
- 24676
- RSSD ID
- 872793
- Members
- 15,286
- Potential members
- 30,000
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 2,479 credit unions with under $100M in assets, as of Q2 2026. It is in the top quartile on 2 of 7 ranked measures.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 16.03% | 14.31% | 58th above |
| Return on assets Middle half of peers: 0.16% to 1.30% | 1.26% | 0.72% | 73rd above |
| Return on equity Middle half of peers: 1.04% to 8.69% | 7.83% | 4.74% | 70th above |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 4.54% | 3.93% | 75th top |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 83.15% | 79.83% | 43rd below |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 0.17% | 0.78% | 89th top |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | 1.01% | 0.86% | 46th below |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 4.71% | 4.70% | 51st position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 50.66% | 58.92% | 38th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$44.3M total assets against $42.7M; $37.6M total shares and deposits against $36.6M; $19.1M total loans against $20.4M.
$7.1M net worth against $6.3M.
16.03% net worth ratio against 14.84%.
50.66% loan-to-share ratio against 55.73%.
1.01% delinquency ratio against 0.28%.
1.26% return on assets against 1.43%; 7.83% return on equity against 9.67%.
4.54% net interest margin against 4.90%.
15,286 members against 15,647.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 16.03% | 1.26% | 1.01% | 50.66% |
| March 31, 2026 | 15.99% | 1.46% | 0.28% | 51.67% |
| December 31, 2025 | 15.51% | 2.21% | 0.14% | 52.90% |
| September 30, 2025 | 15.25% | 2.53% | 0.58% | 55.75% |
| June 30, 2025 | 14.84% | 1.43% | 0.28% | 55.73% |
| March 31, 2025 | 14.37% | 1.52% | 0.35% | 54.25% |
Scroll sideways to see every column.
Watch flags
Loans 60+ days delinquent exceed 1% of the loan book, above the typical credit-union range. Worth watching the trend in coming quarters. BankRegReports early-warning band.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.