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Novation
OAKDALE, MN · NCUA Charter #65063 · State charter, federally insured · Chartered 1954
Total assets
$244.03M
Shares & deposits
$216.11M
Total loans
$176.42M
Members
14,254
Net worth
$26.84M
Branches
6
Rank: #1,171 of 4,299 U.S. credit unions by assets · #26 of 80 in Minnesota. Assets changed 1.8% and membership -5.1% over the year to June 30, 2026.
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Key ratios
| Net worth ratio (capital) | 10.99% |
| Return on assets (annualized, approx.) | 0.00% |
| Delinquent loans, 2+ months (share of loans) | 0.51% |
| Loans to shares & deposits | 81.6% |
| Net income (YTD) | $0 |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $228.34M | $210.63M | $0 | $17.65M |
| Jun 2023 | $224.43M | $204.45M | $0 | $19.43M |
| Jun 2024 | $229.30M | $207.29M | $0 | $21.37M |
| Jun 2025 | $239.74M | $214.69M | $0 | $24.04M |
| Jun 2026 | $244.03M | $216.11M | $0 | $26.84M |
Branch footprint
| State | Branches |
|---|---|
| Minnesota | 6 |
Similar-sized credit unions
New Dimensions ($244.09M) · Corazo ($243.63M)
Source: NCUA Call Report (Form 5300) as of June 30, 2026. Credit unions are member-owned cooperatives; deposits are insured by the NCUSIF. See methodology.
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