North Memorial Federal Credit Union Robbinsdale, Minnesota
North Memorial Federal Credit Union is a federal credit union headquartered in Robbinsdale, MN, established in 1964 (NCUA charter 16248), and it is regulated and insured by the NCUA. At Q2 2026 it reported 4,526 members and total assets of $50.7M (up 1.5% from Q2 2025), the 50th largest of 79 credit unions headquartered in Minnesota. Its net worth ratio was 11.84% at Q2 2026, in the well capitalized band.
Also written as North Memorial 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
- 16248
- Headquarters
- Robbinsdale, MN
- Established
- 1964
- Total assets, Q2 2026
- $50.7M
- Assets vs Q2 2025
- +1.5%
- Members, Q2 2026
- 4,526
- Net worth ratio, Q2 2026
- 11.84%
- Latest call report
- Q2 2026, NCUA 5300 · North Memorial Federal Credit Union call report
- Asset rank in state
- 50th of 79 in Minnesota
- Routing number
- 291074793
- Branches
- 2
It has 20 more members than on June 30, 2025 (+0.4%). Its net worth ratio was up 0.38 percentage points from 11.46% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $16.0M of $30.6M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.68% is below the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 11.84% net worth ratio is below that band's 14.31% median.
Credit unions similar in size in Minnesota
Frequently asked about North Memorial Federal Credit Union
How big is North Memorial Federal Credit Union?
At Q2 2026 it reported total assets of $50.7M and 4,526 members.
Where is North Memorial Federal Credit Union headquartered?
It is headquartered in Robbinsdale, MN, United States.
When was North Memorial Federal Credit Union founded?
It was established in 1964, per NCUA records.
Is North Memorial Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 16248): 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 North Memorial Federal Credit Union?
It is a federal credit union, chartered and supervised by the NCUA.
Is North Memorial Federal Credit Union well capitalized?
Its net worth ratio was 11.84% 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 North Memorial Federal Credit Union's delinquency ratio?
Its delinquency ratio was 0.68% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is North Memorial Federal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 68.95% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Robbinsdale, MN 55422
- Charter Type
- Federal credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1964
- NCUA Charter #
- 16248
- RSSD ID
- 896285
- Members
- 4,526
- Potential members
- 25,000
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% | 11.84% | 14.31% | 31st below |
| Return on assets Middle half of peers: 0.16% to 1.30% | 1.05% | 0.72% | 64th above |
| Return on equity Middle half of peers: 1.04% to 8.69% | 8.83% | 4.74% | 76th top |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 4.71% | 3.93% | 79th top |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 80.82% | 79.83% | 48th below |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 0.70% | 0.78% | 55th above |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | 0.68% | 0.86% | 59th above |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 5.41% | 4.70% | 77th position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 68.95% | 58.92% | 65th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$50.7M total assets against $50.0M; $44.4M total shares and deposits against $44.1M; $30.6M total loans against $31.9M.
$6.0M net worth against $5.7M.
11.84% net worth ratio against 11.46%.
68.95% loan-to-share ratio against 72.45%.
0.68% delinquency ratio against 1.03%.
1.05% return on assets against 1.30%; 8.83% return on equity against 11.39%.
4.71% net interest margin against 4.97%.
4,526 members against 4,506.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 11.84% | 1.05% | 0.68% | 68.95% |
| March 31, 2026 | 11.55% | 1.04% | 0.67% | 66.57% |
| December 31, 2025 | 11.37% | -0.64% | 0.82% | 67.25% |
| September 30, 2025 | 11.52% | 0.76% | 1.10% | 70.09% |
| June 30, 2025 | 11.46% | 1.30% | 1.03% | 72.45% |
| March 31, 2025 | 10.84% | 1.70% | 0.80% | 71.18% |
Scroll sideways to see every column.
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.