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credit union

Latvian

Minneapolis, MN · Est. 1965
B
Trust Grade
Strong
Score: 89/100

Latvian is a credit union based in Minneapolis, Minnesota, established in 1965, with $6 million in total assets serving 735 members. By Trust Grade it ranks 52nd of 81 credit unions we track in Minnesota. Its net worth ratio of 11.0% trails most similarly sized credit unions (25th percentile), versus a Minnesota median of 12.2%. It was profitable over the most recent period, with a 0.24% return on assets. No consumer complaints against Latvian appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$5.8M
<$100M institution
Members
735
Shares & deposits
Net worth ratio
11.0%
Bottom 25% of <$100M peers · Minnesota median 12.2%
Return on assets
0.2%
Bottom 32% of <$100M peers · Minnesota median 0.86%
Rank in Minnesota
#52
of 81 credit unions

How Latvian compares to Minnesota peers

Net worth ratio
Bottom 25% of <$100M peers
Latvian
11.0%
Minnesota median
12.2%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 32% of <$100M peers
Latvian
0.2%
Minnesota median
0.9%
Higher ROA = more profitable relative to asset base

How we graded Latvian

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
89/100
Customer experience
n/a
Overall
B · 89
  • Strongly capitalized (11.0% capital ratio)
  • Profitable (ROA 0.24%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Latvian over the analysis window. For a smaller institution this is common and counts in its favor.

Are deposits at Latvian insured?

Yes. Latvian 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.

Latvian: frequently asked questions

Is Latvian a good credit union?

Latvian earns a Bankzia Trust Grade of B (89/100, "Strong"), based on a financial-strength score of 89/100 (it has no CFPB complaints on record). Strongly capitalized (11.0% capital ratio); Profitable (ROA 0.24%).

Is Latvian NCUA-insured?

Yes. Latvian 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 Latvian?

Latvian holds $6 million in total assets, ranking 52nd of 81 credit unions we track in Minnesota. It serves 735 members.

Does Latvian have CFPB complaints?

No CFPB complaints against Latvian appear in our data over the analysis window, which is typical for a credit union of this size.

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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.

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