|
iAdvertiser Disclosure
Advertiser Disclosure
Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.
 Carpenters Federal Credit Union Rates & Review April 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
✓Fact Checked
Rates Last Updated: April 18, 2026
Carpenters Federal Credit Union's savings rates are at 0.10%. MonitorBankRates evaluates the financial stability of Carpenters Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.83%. Rates were last updated on 04/18/2026. Carpenters Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Carpenters Federal Credit Union? Share your experience about Carpenters Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Carpenters Federal Credit Union. Carpenters Federal Credit Union
Carpenters Credit Union Main 720 Olive St
https://mycarpenterscu.org Saint Paul, MN 55130 4405 
Carpenters Federal Credit Union Savings Rates
Methodology & Data SourcesMonitorBankRates Star Rating
Our rating for Carpenters Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather Carpenters Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Carpenters Federal Credit Union's official website for the most current offers and terms.
Credit Union Profile & Overview
Credit Union Name
Carpenters Federal Credit Union
Website
https://mycarpenterscu.org
Address
720 Olive St,
Saint Paul, MN 55130 4405
Phone
651-646-8827
Fax
651-646-1834
President
Ryan Pecinvosky
CEO
Kimberly Waite
Full-Time Employees
9
Part-Time Employees
0
Branch Locations
2
ATM Locations
0
NCUA Insured
✓ Yes — Up to $250,000 per depositor
FinancialsMonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (99/100)
Texas Ratio
1.83%
Return on Assets (ROA)
1.3629%
Return on Equity (ROE)
8.9383%
Non-Performing Loans Ratio (NPL)
0.58%
Total Assets
43,322,371
Total Amount of Shares and Deposits
37,136,185
Total Shares and Deposits < 1 Year
37,136,184
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
627,794
Total Uninsured Shares and Deposits > $250K (F+J)
627,794
Total Insured Shares and Deposits > $250K (item 17 less item K)
36,508,391
Total Interest Expense (Sum of items 6 8)
53,244
Share Certificates
15
Number of Accounts for Share Drafts
8,979
Number of Accounts for Regular Shares
15,594
All other shares
6,903
Money Market Shares
66
Net Income (unless the amount is already included in Undivided Earnings)
590,448
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
1,197,299
Total Liabilities
36,716,546
Source: NCUA — Last Updated 09/30/2025
Frequently Asked Questions About Carpenters Federal Credit UnionIs Carpenters Federal Credit Union a safe place to deposit money?Yes, Carpenters Federal Credit Union is considered a safe financial institution. With a Texas Ratio of 1.8289161459772%, the institution's financial health is rated as excellent. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category. How many branches does Carpenters Federal Credit Union operate?Carpenters Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes. Is a member application needed to join Carpenters Federal Credit Union?Yes, to access services at Carpenters Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations. Is there a first-time homebuyer program?Currently, Carpenters Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing. Are credit management and repair services offered?While formal credit repair services are not currently listed, Carpenters Federal Credit Union provides members with tools to manage their accounts and build a solid financial history. Does Carpenters Federal Credit Union offer online and mobile banking?Most modern institutions like Carpenters Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://mycarpenterscu.org. Current Carpenters Federal Credit Union Rates
Retrieved from our database of financial products. Rates subject to change.
Compare to Other Credit Unions
Jones Methodist Church Credit Union
Miami Federal Credit Union
Combined Employees Credit Union
Regional Medical Ctr Hopkins Co Emp Federal Credit Union
Moline Municipal Credit Union
Springdale P P G Federal Credit Union
Comanche County Federal Credit Union
Financial Plus Credit Union Ottawa, IL
Heart Of Louisiana Federal Credit Union
Berylco Employees Credit Union
Bronco Federal Credit Union
Members Trust of the Southwest Federal Credit Union
Georgias Own Credit Union
Corrections Federal Credit Union
Goodyear San Angelo Federal Credit Union
La Porte Community Federal Credit Union
Cosden Federal Credit Union
Bethlehem 1st Federal Credit Union
NYM
Pacific Horizon Credit Union
Members First of Maryland Federal Credit Union
|
||||||||||||
