Novation

Oakdale, MN #65063 Small ($50M–$500M) Healthy CEO: Michael Kronebusch

Assets

$244.0M

▼ 3.3%

Members

14,254

▼ 0.9%

Loans

$176.4M

▲ 2.5%

Net Worth

10.99%

▲ 0.13

ROA

1.08%

▼ 0.04

Delinquency

0.66%

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Merger History · NCUA Records

Acquired 1 credit union since 2018

· HEARTLAND INVER GROVE HEI, MN · 2026-03 · EXPANDED SERVICES · $176.6M

Pending Filings

Receiving Heartland 2026-03-31 · Docket NCUA-2026-0232

View all NCUA merger filings →

Tools & Analysis // Novation

Scorecard Performance Report Research Report 🔒 Time-Series 🔒 Forecasting 🔒 Peer Group 🔒 Stress Test 🔒 HMDA Mortgage 🔒 Branch Explorer 🔒

Financial Performance

Loan-to-Share

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Efficiency Ratio

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Net Interest Margin

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HMDA Mortgage Lending

Originations

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Denial Rate

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Avg Rate

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Institutional Analysis // Strengths // Risks // Opportunities

Quarterly History // Deposit Mix // Income Statement

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