Wakota Federal Credit Union South Saint Paul, Minnesota
Wakota Federal Credit Union is a federal credit union headquartered in South Saint Paul, MN, established in 1931 (NCUA charter 24579), and it is regulated and insured by the NCUA. At Q2 2026 it reported 3,739 members and total assets of $44.8M (down 3.1% from Q2 2025), the 52nd largest of 79 credit unions headquartered in Minnesota. Its net worth ratio was 10.95% at Q2 2026, in the well capitalized band.
Also written as Wakota 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
- 24579
- Headquarters
- South Saint Paul, MN
- Established
- 1931
- Total assets, Q2 2026
- $44.8M
- Assets vs Q2 2025
- -3.1%
- Members, Q2 2026
- 3,739
- Net worth ratio, Q2 2026
- 10.95%
- Latest call report
- Q2 2026, NCUA 5300 · Wakota Federal Credit Union call report
- Asset rank in state
- 52nd of 79 in Minnesota
- Routing number
- 296075522
- Branches
- 1
It has 55 fewer members than on June 30, 2025 (-1.4%). Its net worth ratio was up 1.40 percentage points from 9.55% on June 30, 2025. New vehicle loans are its largest loan category, $13.0M of $27.2M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 1.49% is above the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 10.95% net worth ratio is below that band's 14.31% median.
Credit unions similar in size in Minnesota
Frequently asked about Wakota Federal Credit Union
How big is Wakota Federal Credit Union?
At Q2 2026 it reported total assets of $44.8M and 3,739 members.
Where is Wakota Federal Credit Union headquartered?
It is headquartered in South Saint Paul, MN, United States.
When was Wakota Federal Credit Union founded?
It was established in 1931, per NCUA records.
Is Wakota Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 24579): 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 Wakota Federal Credit Union?
It is a federal credit union, chartered and supervised by the NCUA.
Is Wakota Federal Credit Union well capitalized?
Its net worth ratio was 10.95% 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 Wakota Federal Credit Union's delinquency ratio?
Its delinquency ratio was 1.49% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Wakota Federal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 69.00% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- South Saint Paul, MN 55075
- Charter Type
- Federal credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1931
- NCUA Charter #
- 24579
- RSSD ID
- 508999
- Members
- 3,739
- Potential members
- 388,001
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 and in the bottom quartile on 1.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 10.95% | 14.31% | 24th bottom |
| Return on assets Middle half of peers: 0.16% to 1.30% | 1.04% | 0.72% | 64th above |
| Return on equity Middle half of peers: 1.04% to 8.69% | 9.47% | 4.74% | 78th top |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 4.49% | 3.93% | 73rd above |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 67.54% | 79.83% | 76th top |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 0.59% | 0.78% | 62nd above |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | 1.49% | 0.86% | 35th below |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 5.09% | 4.70% | 66th position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 69.00% | 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
$44.8M total assets against $46.3M; $39.4M total shares and deposits against $41.2M; $27.2M total loans against $28.2M.
$4.9M net worth against $4.4M.
10.95% net worth ratio against 9.55%.
69.00% loan-to-share ratio against 68.50%.
1.49% delinquency ratio against 0.70%.
1.04% return on assets against 1.99%; 9.47% return on equity against 20.80%.
4.49% net interest margin against 3.94%.
3,739 members against 3,794.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 10.95% | 1.04% | 1.49% | 69.00% |
| March 31, 2026 | 10.42% | 1.29% | 1.29% | 66.74% |
| December 31, 2025 | 10.27% | 0.81% | 1.84% | 70.83% |
| September 30, 2025 | 9.97% | 1.16% | 0.80% | 69.72% |
| June 30, 2025 | 9.55% | 1.99% | 0.70% | 68.50% |
| March 31, 2025 | 9.22% | 1.22% | 0.61% | 68.28% |
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.