Carpenters
Carpenters is a credit union based in Saint Paul, Minnesota, established in 1953, with $44 million in total assets serving 15,373 members. By Trust Grade it ranks 6th of 81 credit unions we track in Minnesota. Its net worth ratio of 16.0% is stronger than 61% of similarly sized credit unions, versus a Minnesota median of 12.2%. It was profitable over the most recent period, with a 1.46% return on assets. No consumer complaints against Carpenters appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Carpenters compares to Minnesota peers
How we graded Carpenters
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (16.0% capital ratio)
- Strongly profitable (ROA 1.46%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Carpenters over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Carpenters insured?
Yes. Carpenters 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.
Carpenters: frequently asked questions
Is Carpenters a good credit union?
Carpenters 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 (16.0% capital ratio); Strongly profitable (ROA 1.46%).
Is Carpenters NCUA-insured?
Yes. Carpenters 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 Carpenters?
Carpenters holds $44 million in total assets, ranking 6th of 81 credit unions we track in Minnesota. It serves 15,373 members.
Does Carpenters have CFPB complaints?
No CFPB complaints against Carpenters 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.
