Sep, 30, 2025 — MED5 FEDERAL CREDIT UNION is a federal credit union headquartered in RAPID CITY, SD with 2 branch locations and about $160.42 million in total assets. Opened 60 years ago in 1966, MED5 FEDERAL CREDIT UNION has about 7,795 members and employs 27 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MED5 FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4956 5th St RAPID CITY, SD 57701 |
| Phone: | (605) 342-7776 |
| Fax: | (605) 348-3172 |
| Website: | https://www.aspenfcu.com |
| Branches: | 2 branch locations |
| Members: | 7,795 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 17224 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1966 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $160,421,386 |
| CEO/Manager: | Pamela L Brown-Graff |
| Chairperson: | Deborah W Larson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,745,597 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 69,298,112 |
| Unsecured Loans | 5,127,075 |
| Other Loans | 67,155,569 |
| TOTAL LOANS | 141,580,756 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -534,645 |
| Land And Building | 9,528,149 |
| Other Fixed Assets | 1,163,172 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,269,740 |
| All Other Assets | 535,266 |
| TOTAL ASSETS | 160,421,386 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 157,553 |
| Notes & Interest Payable | 2,000,000 |
| Accounts Payable & Other Liabilities | 222,168 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 29,899,748 |
| Regular shares | 33,685,257 |
| All Other Shares & Deposits | 81,116,589 |
| TOTAL SHARES & DEPOSITS | 144,701,594 |
| TOTAL LIABILITIES | 147,081,315 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 13,340,071 |
| TOTAL EQUITY | 13,340,071 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 160,421,386 |
| INCOME & EXPENSE | |
| Loan Income | 6,945,757 |
| Investment Income | 132,397 |
| Other Income | 1,408,858 |
| Total Employee Compensation & Benefits | 1,711,990 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,626,000 |
| Non-operating Income & (Expense) | 64,641 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 486,766 |
| Cost of Funds | 2,676,498 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,061,686 |
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