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MINUTEMAN FEDERAL CREDIT UNION

Sep, 30, 2025 — MINUTEMAN FEDERAL CREDIT UNION is a federal credit union headquartered in RAPID CITY, SD with 1 branch location and about $15.22 million in total assets. Opened 65 years ago in 1961, MINUTEMAN FEDERAL CREDIT UNION has about 1,177 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:1,177
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, 2024
FHLB Member:No
Low Income Designation:No
Assets:$15,220,584
CEO/Manager:JENNIFER M 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 2,093,292
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,025,739
 Unsecured Loans 580,949
 Other Loans 9,397,290
 TOTAL LOANS 11,003,979
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -102,994
 Land And Building 623,485
 Other Fixed Assets 113,433
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 95,531
 All Other Assets 0
  TOTAL ASSETS 15,220,584
LIABILITIES & CAPITAL:  
 Dividends Payable 62,536
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 65,224
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,839,263
 Regular shares 4,416,727
 All Other Shares & Deposits 6,761,114
  TOTAL SHARES & DEPOSITS 13,017,104
  TOTAL LIABILITIES 13,144,864
 Regular Reserve 0
 Other Reserves 310,283
 Undivided Earnings 1,765,437
  TOTAL EQUITY 2,075,720
  TOTAL LIABILITIES, SHARES, & EQUITY 15,220,584
INCOME & EXPENSE  
 Loan Income 647,386
 Investment Income 103,716
 Other Income 46,783
 Total Employee Compensation & Benefits 176,349
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 282,536
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 45,103
 Cost of Funds 201,038
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 92,889
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