TRUSTONE FINANCIAL FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.trustonefinancial.org for more information.
Dec, 31, 2022 — TRUSTONE FINANCIAL FEDERAL CREDIT UNION is a federal credit union headquartered in PLYMOUTH, MN with 14 branch locations and about $1.79 billion in total assets. Opened 84 years ago in 1939, TRUSTONE FINANCIAL FEDERAL CREDIT UNION has about 107,847 members and employs 341 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TRUSTONE FINANCIAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 14601 27TH AVE N, SUITE 104 PLYMOUTH, MN 55447 |
| Phone: | (763) 544-1517 |
| Fax: | (763) 595-4039 |
| Website: | https://www.trustonefinancial.org |
| Branches: | 14 branch locations |
| Members: | 107,847 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24354 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1939 |
| Last Audited: | Sep 01, 2019 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,790,549,940 |
| CEO/Manager: | Tim Bosiacki |
| Chairperson: | Doug Nesbit |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 164,146,687 |
| TOTAL INVESTMENTS | 230,236,213 |
| Loans Held for Sale | 29,774,980 |
| Real Estate Loans | 982,121,308 |
| Unsecured Loans | 41,997,559 |
| Other Loans | 267,376,066 |
| TOTAL LOANS | 1,292,150,927 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,744,975 |
| Land And Building | 27,105,427 |
| Other Fixed Assets | 4,892,810 |
| NCUSIF Deposit | 12,022,967 |
| All Other Assets | 36,964,904 |
| TOTAL ASSETS | 1,790,549,940 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 90 |
| Notes & Interest Payable | 42,500,000 |
| Accounts Payable & Other Liabilities | 31,487,599 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 369,561,303 |
| Regular shares | 283,425,695 |
| All Other Shares & Deposits | 865,643,492 |
| TOTAL SHARES & DEPOSITS | 1,518,630,490 |
| TOTAL LIABILITIES | 1,592,618,179 |
| Regular Reserve | 8,861,451 |
| Other Reserves | 10,426,654 |
| Undivided Earnings | 178,643,656 |
| TOTAL EQUITY | 197,931,761 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,790,549,940 |
| INCOME & EXPENSE | |
| Loan Income | 42,196,106 |
| Investment Income | 3,771,256 |
| Other Income | 26,733,861 |
| Total Employee Compensation & Benefits | 26,100,117 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 14,779,079 |
| Non-operating Income & (Expense) | 4,608,486 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,105,753 |
| Cost of Funds | 9,809,924 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 24,514,836 |
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