As member-owners of Hiway Federal Credit Union, you will be pleased to know that 2015 was an outstanding year for your credit union. From our 1931 roots at the Minnesota Highway Department, we have grown to over 63,000 members, and we finished 2015 with an all-time high of just over $1 Billion in assets.
We had a great year with $218 million in loan production (up from $167 million the year before), and record debit and credit card transactions of $355 million. In addition to our strong growth, we had a good income year as well, with a return on assets of 0.84%.
These strong earnings allowed Hiway to maintain market-leading loan and savings rates, while also strengthening our reserves to a very healthy capital ratio of 10.73%.
For more information, send us an email or give us a call at 651.291.1515 or 800.899.5626 today.