Centricity
Centricity is a credit union based in Hermantown, Minnesota, established in 1943, with $338 million in total assets serving 21,757 members. By Trust Grade it ranks 25th of 81 credit unions we track in Minnesota. Its net worth ratio of 13.4% is stronger than 76% of similarly sized credit unions, versus a Minnesota median of 12.2%. It was profitable over the most recent period, with a 1.69% return on assets. No consumer complaints against Centricity appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Centricity compares to Minnesota peers
How we graded Centricity
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.4% capital ratio)
- Strongly profitable (ROA 1.69%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Centricity over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Centricity insured?
Yes. Centricity is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Centricity: frequently asked questions
Is Centricity a good credit union?
Centricity earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (13.4% capital ratio); Strongly profitable (ROA 1.69%).
Is Centricity NCUA-insured?
Yes. Centricity is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Centricity?
Centricity holds $338 million in total assets, ranking 25th of 81 credit unions we track in Minnesota. It serves 21,757 members.
Does Centricity have CFPB complaints?
No CFPB complaints against Centricity appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
