Ely Area Credit Union
Total assets
$75.2M
▲ +8.7% YoY
Shares & deposits
$63.0M
▲ +7.1% YoY
Loans
$25.7M
▲ +3.8% YoY
Members
4,523
▼ -1.8% YoY
ROA (annualized)
2.48%
peers 0.60%
ROE (annualized)
15.38%
peers 4.10%
Peer comparison 2,508 credit unions with <100M in assets
| Metric | Ely Area Credit Union | Peer median | Δ |
|---|---|---|---|
| Asset growth (YoY) | +8.7% | +1.3% | +7.4 pts |
| Share growth (YoY) | +7.1% | +0.7% | +6.5 pts |
| Loan growth (YoY) | +3.8% | -2.4% | +6.1 pts |
| ROA | 2.48% | 0.60% | +1.9 pts |
| ROE | 15.4% | 4.1% | +11.3 pts |
ROA ranks in the 97th percentile of its peer group · Q1 2026
Profile
- Established
- 1938
- Charter
- FISCU
- Primary regulator
- NCUA
- NCUA peer group
- Peer group 4
- Address
- 2 E Chapman St, Ely, MN, 55731
- NCUA charter #
- 63398
- RSSD ID
- 631897
- Latest call report
- Q1 2026
Total assets last 8 quarters
Members last 8 quarters
Quarterly financials NCUA 5300 call report
| Quarter | Assets | Shares | Loans | Net worth | Net income YTD | ROA | NIM | Delinquency | Members |
|---|---|---|---|---|---|---|---|---|---|
| Q1 2026 | $75.2M | $63.0M | $25.7M | $12.1M | $466K | 2.48% | 4.00% | 0.00% | 4,523 |
| Q4 2025 | $73.2M | $61.5M | $25.6M | $11.7M | $1.7M | 2.33% | 3.88% | 0.50% | 4,605 |
| Q3 2025 | $73.6M | $62.3M | $25.3M | $11.3M | $1.3M | 2.37% | 3.79% | 0.01% | 4,645 |
| Q2 2025 | $69.6M | $58.8M | $25.7M | $10.8M | $826K | 2.37% | 3.88% | 0.78% | 4,627 |
| Q1 2025 | $69.2M | $58.8M | $24.8M | $10.3M | $375K | 2.17% | 3.71% | 0.40% | 4,608 |
| Q4 2024 | $67.4M | $57.4M | $24.6M | $9.9M | $1.3M | 1.91% | 3.44% | 0.38% | 4,625 |
| Q3 2024 | $69.7M | $60.1M | $25.4M | $9.6M | $920K | 1.76% | 3.19% | 0.56% | 4,629 |
| Q2 2024 | $66.5M | $57.2M | $25.1M | $9.2M | $555K | 1.67% | 3.20% | 0.00% | 4,622 |
Loan mix (Q1 2026): real estate $13.9M · commercial $0 · consumer $9.4M · securities $38.7M
Ratio pack Q1 2026 · peer medians from 2508 institutions
Profitability
| Ratio | Ely Area Credit Union | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Return on assets Annualized net income ÷ assets | 2.48% | 0.60% | 97th | |
Return on equity Annualized net income ÷ equity or net worth | 15.4% | 4.1% | 97th | |
Net interest margin Interest income − interest expense, ÷ assets | 4.00% | 3.83% | 58th | |
Efficiency ratio Operating expense ÷ revenue — lower is leaner | 45.1% | 81.5% | 3th | |
Non-interest income share Fees and other income as a share of total revenue | 00.0% | 00.0% | ||
Cost of funds Annualized interest expense ÷ deposits | 00.0% | 00.0% |
Balance sheet
| Ratio | Ely Area Credit Union | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Loan-to-deposit Loans ÷ deposits (shares). Above ~90% needs funding; below ~60% needs loan demand | 00.0% | 00.0% | ||
Loans-to-assets How much of the balance sheet is lent out | 00.0% | 00.0% | ||
Securities-to-assets Investment portfolio as a share of assets | 00.0% | 00.0% | ||
Cash-to-assets On-balance-sheet liquidity | 00.0% | 00.0% |
Capital
| Ratio | Ely Area Credit Union | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Capital ratio Tier 1 capital (banks) or net worth (CUs) ÷ assets. NCUA well-capitalized line: 7% | 00.0% | 00.0% |
Credit quality
| Ratio | Ely Area Credit Union | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Nonperforming / delinquency Banks: nonperforming assets ÷ assets. CUs: 60+ day delinquent loans ÷ loans | 00.0% | 00.0% | ||
Net charge-off rate Annualized charge-offs net of recoveries ÷ loans | 00.0% | 00.0% | ||
CRE concentration Commercial real estate loans ÷ capital. Regulators flag banks above 300% | 00.0% | 00.0% |
Franchise
| Ratio | Ely Area Credit Union | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Loans per member Member borrowing depth | 00.0% | 00.0% | ||
Deposits per member Member relationship depth | 00.0% | 00.0% |
12 more ratios, with trends and peer percentiles.
See Pro plan →The full ratio pack is part of CharterBench Pro.
Similar credit unions
- Smw Financial Credit UnionLino Lakes, MN · $92.1M
- Metro Federal Credit UnionArlington Heigh, IL · $78.7M
- Cove Federal Credit UnionEdgewood, KY · $78.8M
- Bay Cities Credit UnionHayward, CA · $78.8M
- Castparts Employees Federal Credit UnionPortland, OR · $78.9M
- Enbright Credit UnionNashville, TN · $78.9M
Selling to Ely Area Credit Union?
See Pro plan →Peer lists, growth filters, CSV export, CRM push.