NOVATION
State-Chartered • OAKDALE, Minnesota • Est. 1954
Quick Facts
- Charter Number
- #65063
- Type
- State-Chartered
- Established
- 1954
- Headquarters
- OAKDALE, Minnesota 55128-7151
- Address
- 500 IMPERIAL AVE N
- Branches
- 2
- ATMs
- 3
- Members
- 14,498
- Membership Type
- Community
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Exceptionally well-capitalized with outstanding net worth ratio, very low delinquency, and strong earnings. One of the most financially sound credit unions in the country.
Financial Overview
Total Assets
Members
14,498 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | NOVATION |
|---|---|
| Total Assets | $241.8M |
| Members | 14,498 |
| Loans Outstanding | $171.2M |
| Shares & Deposits | $214.9M |
| Net Worth | $25.5M |
| Net Worth Ratio | 10.72% |
| Loan-to-Share Ratio | 79.7% |
| Delinquency Rate | 0.66% |
| Net Income | +$3,437,784 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
2 locations · 3 ATMs
Novation Credit Union
Main Office500 Imperial Ave N
Oakdale, MN 55128-7151
Hutchinson Branch
45 Hassan St SE
Hutchinson, MN 55350
Who Can Join NOVATION?
Membership Type: Community
Membership eligibility for NOVATION may vary. Contact the credit union directly to confirm qualification requirements.
Contact NOVATION directly or visit their website for the most accurate and up-to-date membership eligibility information.
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View Minnesota RankingsFrequently Asked Questions
Yes. NOVATION is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, NOVATION has 14,498 members and a potential membership field of 500,000 people.
NOVATION's net worth ratio is 10.72% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 10.7%, NOVATION meets this threshold.
NOVATION operates 2 branch locations and has access to 3 ATMs. The main office is located at 500 Imperial Ave N, Oakdale, MN 55128-7151.
NOVATION was established in 1954. It is a state-chartered credit union chartered under charter number 65063. The institution has been serving members for 72 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or NOVATION. All financial data is for informational purposes only.