Credit Unions Near Me
National Credit Union Service Organization

HOME TOWN FEDERAL CREDIT UNION

Dec, 31, 2020 — HOME TOWN FEDERAL CREDIT UNION is a federal credit union headquartered in Owatonna, MN with 5 branch locations and about $210.71 million in total assets. Opened 47 years ago in 1974, HOME TOWN FEDERAL CREDIT UNION has about 19,998 members and employs 49 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 291975355
Name:HOME TOWN FEDERAL CREDIT UNION
Address:
(Main Office)
2400 W. Bridge St.
Owatonna, MN 55060-5003
Phone:(507) 451-3798
Fax:(507) 446-8113
Website:http://www.hometowncu.coop
Branches:5 branch locations
Members:19,998
Credit Union Type:Federal Credit Union
Charter Number:21669
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1974
Last Audited:Mar 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$210,707,413
CEO/Manager:Kimberly S Westphal
Chairperson:Nicole Schulz

Call Report

  • Credit Builder
  • Indirect Consumer Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Health Savings Accounts
  • Individual Development Accounts
  • In-School Branches
  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 10,021,167
TOTAL INVESTMENTS 24,133,900
Loans Held for Sale 372,623
 
 Real Estate Loans 40,405,418
 Unsecured Loans 7,353,771
 Other Loans 115,711,868
 TOTAL LOANS 163,471,057
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -811,000
 Land And Building 5,442,749
 Other Fixed Assets 2,693,368
 NCUSIF Deposit 1,743,070
 All Other Assets 3,640,479
  TOTAL ASSETS 210,707,413
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 750,000
 Accounts Payable & Other Liabilities 3,332,560
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 40,514,939
 Regular shares 63,656,944
 All Other Shares & Deposits 84,053,768
  TOTAL SHARES & DEPOSITS 188,225,651
  TOTAL LIABILITIES 192,308,211
 Regular Reserve 1,489,235
 Other Reserves 403,974
 Undivided Earnings 16,505,993
  TOTAL EQUITY 18,399,202
  TOTAL LIABILITIES, SHARES, & EQUITY 210,707,413
INCOME & EXPENSE  
 Loan Income 6,483,162
 Investment Income 411,388
 Other Income 2,983,406
 Total Employee Compensation & Benefits 2,908,166
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,656,479
 Non-operating Income & (Expense) 48,046
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 680,450
 Cost of Funds 1,070,475
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,610,432
↑ Back to Top

Other Credit Unions

JOSTEN EMPLOYEES CREDIT UNION
148 E BROADWAY ST
OWATONNA, MN 55060
MOWER COUNTY CATHOLIC PARISHES CREDIT UNION
PO Box 885
AUSTIN, MN 55912
NORTHERN ENERGY FEDERAL CREDIT UNION
210 E LIME ST
MANKATO, MN 56001-3348
TRADES & LABOR FEDERAL CREDIT UNION
610 SO BROADWAY AVE
ALBERT LEA, MN 56007
CITY AND COUNTY EMPLOYEES FEDERAL CREDIT UNION
1719 West Main Street
ALBERT LEA, MN 56007
UNITED EMPLOYEES CREDIT UNION
P.O. BOX 729
ALBERT LEA, MN 56007
AUSTIN CITY EMPLOYEES CREDIT UNION
711 4TH AVE NE
AUSTIN, MN 55912
MOWER COUNTY EMPLOYEES CREDIT UNION
900 18th Ave NW
AUSTIN, MN 55912
FEDERATED EMPLOYEES CREDIT UNION
1929 S CEDAR AVE
OWATONNA, MN 55060-4301
ACCENTRA CREDIT UNION
PO BOX 657
AUSTIN, MN 55912