Sep, 30, 2025 — TEL-U-WATT FEDERAL CREDIT UNION is a federal credit union headquartered in MINOT, ND with 1 branch location and about $5.65 million in total assets. Opened 91 years ago in 1935, TEL-U-WATT FEDERAL CREDIT UNION has about 352 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TEL-U-WATT FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 24 2nd Ave SE MINOT, ND 58701 |
| Phone: | (701) 838-9810 |
| Fax: | (701) 838-1160 |
| Website: | https://www.teluwatt.com |
| Branches: | 1 branch locations |
| Members: | 352 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 146 |
|---|---|
| Membership Type: | Multiple common bond - Primarily communications and utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Aug 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,654,530 |
| CEO/Manager: | CONNIE M DOSCH |
| Chairperson: | TODD KOOP |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 364,794 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 25,085 |
| Other Loans | 4,155,391 |
| TOTAL LOANS | 4,180,476 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -48,918 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 51,066 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,654,530 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 15,318 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 5,158,433 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 5,158,433 |
| TOTAL LIABILITIES | 5,173,751 |
| Regular Reserve | 0 |
| Other Reserves | 76,358 |
| Undivided Earnings | 404,421 |
| TOTAL EQUITY | 480,779 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,654,530 |
| INCOME & EXPENSE | |
| Loan Income | 125,843 |
| Investment Income | 23,369 |
| Other Income | 3,839 |
| Total Employee Compensation & Benefits | 26,428 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 16,382 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,800 |
| Cost of Funds | 94,688 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 13,753 |
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