Oakdale, MN
Credit union Novation
Novation is a federally insured credit union based in Oakdale, Minnesota.
- Type
- Credit union
- Charter
- State-chartered, federally insured credit union
- Primary regulator
- NCUA
- Established
- January 1, 1954
- Headquarters
- Oakdale, MN
- NCUA charter #
- 65063
- Fed RSSD ID
- 580696
$252.3M
Total assets Data as of Q1 2026
$225.1M
Total deposits Data as of Q1 2026
2
Branch locations Data as of Q1 2026
14,384
Members Data as of Q1 2026
1.10%
Return on assets Data as of Q1 2026
Source: U.S. FDIC BankFind & NCUA 5300 Call Report (public data). Data sources · Data as of Q1 2026
Branches by state
Novation operates 2 branch locations in Minnesota. Select a state to drill down to its towns and individual branches.
Ownership
Novation is not currently recorded under a holding company in the federal data — it appears to be independently held. See its structure & merger history for any past changes.
Other credit unions in Minnesota
Federally insured credit unions headquartered in Minnesota, by total assets.
- Trustone Financial $6.06B
- Affinity Plus $5.05B
- Blaze $4.82B
- Magnifi Financial $2.67B
- Mayo Employees $1.53B
- Members Cooperative $1.19B
- City & County $1.18B
- Topline Financial $1.15B
Similar-size credit unions
Institutions close to Novation’s $252.3M in assets.
- Pyramid $252.2M
- Illinois State $252.6M
- Finger Lakes $253.1M
- Greater Alliance $251.3M
- Citizens Community $253.6M
- Truchoice $253.6M