Credit union
St. Cloud Financial Credit Union
Sartell, Minnesota, Stearns County, MN
$456M in total assets and 29,001 members, the 806th largest of 4,298 US credit unions and 13th of 80 headquartered in Minnesota.
- NCUA charter
- 68697
- Charter
- State chartered (MN)
- Chartered
- 1996
- NCUA insured since
- 1971
- Low-income designation
- Yes
- Website
- https://www.stcloudfcu.coop
Earlier filings under St. Cloud Federal Credit Union (charter 24584), before a charter conversion, are included in the history below.
At a glance
Compared with 33 federally insured credit unions in Minnesota with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $456M | 91% | $223M | |
| Loans | $382M | 94% | $143M | |
| Deposits (shares) | $400M | 91% | $201M | |
| Members | 29,001 | 91% | 14,140 | |
| Return on assets | 0.57% | 21% | 1.08% | |
| Net interest income to assets | 3.08% | 15% | 3.62% | |
| Efficiency ratio | 84.0% | 79% | 73.4% | |
| Net worth ratio | 7.22% | 2% | 10.99% | |
| Loans to shares | 95% | 97% | 82% | |
| Cost of deposits | 1.76% | 76% | 1.40% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 12.0% a year over 10 years and 10.9% a year over the last 5, including 1 merger in the last 10 years. Membership grew 5.0% a year over 5 years, to 29,001.
Dashed lines mark larger mergers, listed below.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| Jul 2019 | Starcor Credit Union Credit union, Becker, MN | $10M |
| Oct 2015 | St Cloud City & County Employees Credit Union Credit union, Saint Cloud, MN | $21M |
Where they operate
5 branches in 4 counties.
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Stearns County, MN | 2 | 2.8% | 8 of 36 |
| Benton County, MN | 1 | 6.7% | 4 of 12 |
| Sherburne County, MN | 1 | 4.5% | 4 of 18 |
| Wright County, MN | 1 | 2.6% | 9 of 28 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2018 | 3 | |
| 2019 | 6 | +3 |
| 2020 | 6 | 0 |
| 2021 | 5 | −1 |
| 2022 | 5 | 0 |
| 2023 | 5 | 0 |
| 2024 | 5 | 0 |
| 2025 | 5 | 0 |
| Jun 2026 | 5 | 0 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 0.31% | 0.56% |
| Net worth ratio | 7.22% | 10.99% |
| Loans to shares | 95% | 82% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in Minnesota
Most branches in Stearns County, MN
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.