First Pace Credit Union West Saint Paul, Minnesota
First Pace Credit Union is a state-chartered credit union headquartered in West Saint Paul, MN, established in 1963 (NCUA charter 64089), and it is regulated and insured by the NCUA. At Q2 2026 it reported 887 members and total assets of $8.7M (down 5.0% from Q2 2025), the 66th largest of 79 credit unions headquartered in Minnesota. Its net worth ratio was 18.92% at Q2 2026, in the well capitalized band.
Also written as First Pace CU
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- State-chartered credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 64089
- Headquarters
- West Saint Paul, MN
- Established
- 1963
- Total assets, Q2 2026
- $8.7M
- Assets vs Q2 2025
- -5.0%
- Members, Q2 2026
- 887
- Net worth ratio, Q2 2026
- 18.92%
- Latest call report
- Q2 2026, NCUA 5300 · First Pace Credit Union call report
- Asset rank in state
- 66th of 79 in Minnesota
- Routing number
- 296075564
- Branches
- 3
It has 40 fewer members than on June 30, 2025 (-4.3%). Its net worth ratio was up 0.04 percentage points from 18.88% on June 30, 2025. Used vehicle loans are its largest loan category, $2.0M of $5.4M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.25% is below the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 18.92% net worth ratio is above that band's 14.31% median.
Credit unions similar in size in Minnesota
Frequently asked about First Pace Credit Union
How big is First Pace Credit Union?
At Q2 2026 it reported total assets of $8.7M and 887 members.
Where is First Pace Credit Union headquartered?
It is headquartered in West Saint Paul, MN, United States.
When was First Pace Credit Union founded?
It was established in 1963, per NCUA records.
Is First Pace Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 64089): 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 First Pace Credit Union?
It is a state-chartered credit union, supervised by its state credit union regulator and by the NCUA, which insures its shares.
Is First Pace Credit Union well capitalized?
Its net worth ratio was 18.92% 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 First Pace Credit Union's delinquency ratio?
Its delinquency ratio was 0.25% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is First Pace Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 76.63% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- West Saint Paul, MN 55118
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1963
- NCUA Charter #
- 64089
- RSSD ID
- 372293
- Members
- 887
- Potential members
- 3,000
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 1 of 7 ranked measures and in the bottom quartile on 3.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 18.92% | 14.31% | 73rd above |
| Return on assets Middle half of peers: 0.16% to 1.30% | -1.00% | 0.72% | under 10th bottom |
| Return on equity Middle half of peers: 1.04% to 8.69% | -5.29% | 4.74% | under 10th bottom |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 4.17% | 3.93% | 60th above |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 120.36% | 79.83% | under 10th bottom |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 0.58% | 0.78% | 62nd above |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | 0.25% | 0.86% | 81st top |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 4.75% | 4.70% | 52nd position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 76.63% | 58.92% | 76th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$8.7M total assets against $9.1M; $7.0M total shares and deposits against $7.4M; $5.4M total loans against $5.6M.
$1.6M net worth against $1.7M.
18.92% net worth ratio against 18.88%.
76.63% loan-to-share ratio against 76.36%.
0.25% delinquency ratio against 0.91%.
-1.00% return on assets against -1.30%; -5.29% return on equity against -6.89%.
4.17% net interest margin against 3.86%.
887 members against 927.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 18.92% | -1.00% | 0.25% | 76.63% |
| March 31, 2026 | 18.79% | -0.66% | — | 79.01% |
| December 31, 2025 | 18.62% | -1.20% | — | 78.07% |
| September 30, 2025 | 18.60% | -0.86% | 0.69% | 72.12% |
| June 30, 2025 | 18.88% | -1.30% | 0.91% | 76.36% |
| March 31, 2025 | 18.67% | -0.40% | 0.92% | 74.37% |
Scroll sideways to see every column.
Watch flags
The credit union posted negative net income relative to assets in its latest filing. Credit unions build net worth only through retained earnings, so sustained losses gradually weaken capital. BankRegReports flag, negative earnings.
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.