United Employees Credit Union Albert Lea, Minnesota
United Employees Credit Union is a state-chartered credit union headquartered in Albert Lea, MN, established in 1932 (NCUA charter 60263), and it is regulated and insured by the NCUA. At Q2 2026 it reported 3,766 members and total assets of $66.4M (up 8.1% from Q2 2025), the 47th largest of 79 credit unions headquartered in Minnesota. Its net worth ratio was 14.19% at Q2 2026, in the well capitalized band.
Also written as United Employees 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
- 60263
- Headquarters
- Albert Lea, MN
- Established
- 1932
- Total assets, Q2 2026
- $66.4M
- Assets vs Q2 2025
- +8.1%
- Members, Q2 2026
- 3,766
- Net worth ratio, Q2 2026
- 14.19%
- Latest call report
- Q2 2026, NCUA 5300 · United Employees Credit Union call report
- Asset rank in state
- 47th of 79 in Minnesota
- Routing number
- 291973205
- Branches
- 1
It has 242 fewer members than on June 30, 2025 (-6.0%). Its net worth ratio was up 0.47 percentage points from 13.72% on June 30, 2025. Used vehicle loans are its largest loan category, $19.6M of $28.3M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.80% is below the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 14.19% net worth ratio is below that band's 14.31% median.
Credit unions similar in size in Minnesota
Frequently asked about United Employees Credit Union
How big is United Employees Credit Union?
At Q2 2026 it reported total assets of $66.4M and 3,766 members.
Where is United Employees Credit Union headquartered?
It is headquartered in Albert Lea, MN, United States.
When was United Employees Credit Union founded?
It was established in 1932, per NCUA records.
Is United Employees Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 60263): 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 United Employees 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 United Employees Credit Union well capitalized?
Its net worth ratio was 14.19% 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 United Employees Credit Union's delinquency ratio?
Its delinquency ratio was 0.80% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is United Employees Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 50.03% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Albert Lea, MN 56007
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1932
- NCUA Charter #
- 60263
- RSSD ID
- 450098
- Members
- 3,766
- Potential members
- 10,000
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 3 of 7 ranked measures and in the bottom quartile on 2.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 14.19% | 14.31% | 49th below |
| Return on assets Middle half of peers: 0.16% to 1.30% | 1.54% | 0.72% | 81st top |
| Return on equity Middle half of peers: 1.04% to 8.69% | 10.88% | 4.74% | 84th top |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 3.00% | 3.93% | 17th bottom |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 51.35% | 79.83% | over 90th top |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 1.74% | 0.78% | under 10th bottom |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | 0.80% | 0.86% | 53rd above |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 4.74% | 4.70% | 52nd position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 50.03% | 58.92% | 37th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$66.4M total assets against $61.4M; $56.5M total shares and deposits against $52.5M; $28.3M total loans against $26.7M.
$9.4M net worth against $8.4M.
14.19% net worth ratio against 13.72%.
50.03% loan-to-share ratio against 50.91%.
0.80% delinquency ratio against 0.75%.
1.54% return on assets against 1.40%; 10.88% return on equity against 10.18%.
3.00% net interest margin against 2.93%.
3,766 members against 4,008.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 14.19% | 1.54% | 0.80% | 50.03% |
| March 31, 2026 | 13.61% | 1.61% | 0.80% | 47.73% |
| December 31, 2025 | 13.74% | 1.31% | 0.54% | 49.79% |
| September 30, 2025 | 13.93% | 1.64% | 0.59% | 53.08% |
| June 30, 2025 | 13.72% | 1.40% | 0.75% | 50.91% |
| March 31, 2025 | 13.19% | 1.34% | 0.50% | 49.24% |
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.