Dec, 31, 2022 — AFFINITY PLUS FEDERAL CREDIT UNION is a federal credit union headquartered in SAINT PAUL, MN with 28 branch locations and about $3.89 billion in total assets. Opened 89 years ago in 1934, AFFINITY PLUS FEDERAL CREDIT UNION has about 243,785 members and employs 595 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | AFFINITY PLUS FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 175 W Lafayette Frontage Rd SAINT PAUL, MN 55107-1488 |
Phone: | (651) 312-9252 |
Fax: | (651) 312-6252 |
Website: | https://www.affinityplus.org |
Branches: | 28 branch locations |
Members: | 243,785 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24362 |
---|---|
Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1934 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $3,887,935,519 |
CEO/Manager: | Dave Larson |
Chairperson: | Robyn Cousin |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 220,098,209 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 4,853,352 |
Real Estate Loans | 1,857,794,146 |
Unsecured Loans | 488,183,424 |
Other Loans | 1,080,620,159 |
TOTAL LOANS | 3,426,597,729 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -16,266,425 |
Land And Building | 29,506,280 |
Other Fixed Assets | 7,227,937 |
NCUSIF Deposit | 32,222,721 |
All Other Assets | 284,806 |
TOTAL ASSETS | 3,887,935,519 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 32,832,437 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 944,151,863 |
Regular shares | 1,288,979,668 |
All Other Shares & Deposits | 1,294,043,442 |
TOTAL SHARES & DEPOSITS | 3,527,174,973 |
TOTAL LIABILITIES | 3,560,007,410 |
Regular Reserve | 0 |
Other Reserves | -63,104 |
Undivided Earnings | 327,991,213 |
TOTAL EQUITY | 327,928,109 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,887,935,519 |
INCOME & EXPENSE | |
Loan Income | 94,903,677 |
Investment Income | 2,777,758 |
Other Income | 12,537,420 |
Total Employee Compensation & Benefits | 41,379,880 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 58,003,120 |
Non-operating Income & (Expense) | 279,476 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,674,609 |
Cost of Funds | 10,188,790 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 22,014,243 |
↑ Back to Top |