Credit Unions Near Me
National Credit Union Service Organization

MINUTEMAN FEDERAL CREDIT UNION

Dec, 31, 2023 — MINUTEMAN FEDERAL CREDIT UNION is a federal credit union headquartered in RAPID CITY, SD with 1 branch location and about $15.55 million in total assets. Opened 63 years ago in 1961, MINUTEMAN FEDERAL CREDIT UNION has about 1,316 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MINUTEMAN FEDERAL CREDIT UNION
Address:
(Main Office)
301 E North St
RAPID CITY, SD 57701-1458
Phone:(605) 394-1772
Fax:(605) 394-5112
Website:https://www.minutemanfcu.org
Branches:1 branch locations
Members:1,316
Credit Union Type:Federal Credit Union
Charter Number:14260
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1961
Last Audited:Oct 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$15,545,946
CEO/Manager:JENNIFER J WALZ
Chairperson:TODD BARTUNEK

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,507,918
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 626,106
 Unsecured Loans 479,238
 Other Loans 10,841,326
 TOTAL LOANS 11,946,670
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -172,658
 Land And Building 650,826
 Other Fixed Assets 113,640
 NCUSIF Deposit 111,550
 All Other Assets 23,330
  TOTAL ASSETS 15,545,946
LIABILITIES & CAPITAL:  
 Dividends Payable 99,414
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 63,661
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,637,599
 Regular shares 4,562,153
 All Other Shares & Deposits 7,361,050
  TOTAL SHARES & DEPOSITS 13,560,802
  TOTAL LIABILITIES 13,723,877
 Regular Reserve 0
 Other Reserves 310,284
 Undivided Earnings 1,511,785
  TOTAL EQUITY 1,822,069
  TOTAL LIABILITIES, SHARES, & EQUITY 15,545,946
INCOME & EXPENSE  
 Loan Income 743,631
 Investment Income 50,830
 Other Income 66,480
 Total Employee Compensation & Benefits 233,140
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 340,916
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 28,397
 Cost of Funds 201,926
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 57,078
↑ Back to Top

Other Credit Unions

UNITED METHODIST FIRST CHOICE FEDERAL CREDIT UNION
PO BOX 5540
RAPID CITY, SD 57709
RUSHMORE ELECTRIC FEDERAL CREDIT UNION
1715 Cambell St
RAPID CITY, SD 57701
DACOTAH FEDERAL CREDIT UNION
2990 E HIGHWAY 44
RAPID CITY, SD 57703
DAKOTA STAR FEDERAL CREDIT UNION
3122 W SAINT LOUIS ST
RAPID CITY, SD 57702-2354
LAKOTA FEDERAL CREDIT UNION
1 Main BIA 2
KYLE, SD 57752
OAHE FEDERAL CREDIT UNION
221 E Pleasant Dr
PIERRE, SD 57501-3123
CONSUMER'S FEDERAL CREDIT UNION
301 highway 18 west
GREGORY, SD 57533-2203
DAKOTA PLAINS FEDERAL CREDIT UNION
519 Main Ave
LEMMON, SD 57638-1421
MED5 FEDERAL CREDIT UNION
4956 5th St
RAPID CITY, SD 57701
HIGHMARK FEDERAL CREDIT UNION
725 5th St
RAPID CITY, SD 57701