Sep, 30, 2025 — ASPIRE COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in MINOT, ND with 1 branch location and about $176.62 million in total assets. Opened 89 years ago in 1937, ASPIRE COMMUNITY FEDERAL CREDIT UNION has about 6,340 members and employs 22 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ASPIRE COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1430 S BROADWAY MINOT, ND 58701-5933 |
| Phone: | (701) 837-5353 |
| Fax: | (701) 837-5393 |
| Website: | https://www.aspire.creditunion |
| Branches: | 1 branch locations |
| Members: | 6,340 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1888 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $176,622,711 |
| CEO/Manager: | Kevin Vigested |
| Chairperson: | Jason Rohrer |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 10,713,141 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 122,312,738 |
| Unsecured Loans | 2,017,473 |
| Other Loans | 22,607,493 |
| TOTAL LOANS | 146,937,705 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -879,558 |
| Land And Building | 1,114,253 |
| Other Fixed Assets | 100,620 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,347,249 |
| All Other Assets | 11,742 |
| TOTAL ASSETS | 176,622,711 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 340,335 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -1,086,263 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 25,561,807 |
| Regular shares | 28,269,841 |
| All Other Shares & Deposits | 97,296,768 |
| TOTAL SHARES & DEPOSITS | 151,128,416 |
| TOTAL LIABILITIES | 150,382,488 |
| Regular Reserve | 0 |
| Other Reserves | -184,475 |
| Undivided Earnings | 26,424,698 |
| TOTAL EQUITY | 26,240,223 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 176,622,711 |
| INCOME & EXPENSE | |
| Loan Income | 4,935,133 |
| Investment Income | 495,749 |
| Other Income | 646,619 |
| Total Employee Compensation & Benefits | 1,682,029 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,192,236 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 34,000 |
| Cost of Funds | 1,933,198 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,550,159 |
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