Sep, 30, 2025 — BUILDING TRADES FEDERAL CREDIT UNION is a federal credit union headquartered in MAPLE GROVE, MN with 3 branch locations and about $233.87 million in total assets. Opened 67 years ago in 1959, BUILDING TRADES FEDERAL CREDIT UNION has about 18,860 members and employs 32 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BUILDING TRADES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 12080 73rd Ave N MAPLE GROVE, MN 55369 |
| Phone: | (763) 315-3888 |
| Fax: | (763) 315-3826 |
| Website: | https://www.buildingtradescu.com |
| Branches: | 3 branch locations |
| Members: | 18,860 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24414 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $233,872,773 |
| CEO/Manager: | Richard Odenthal |
| Chairperson: | Joseph P Lane |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 15,900,080 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 56,664,722 |
| Unsecured Loans | 4,988,146 |
| Other Loans | 68,372,005 |
| TOTAL LOANS | 130,024,872 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -755,248 |
| Land And Building | 4,202,523 |
| Other Fixed Assets | 309,216 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,553,897 |
| All Other Assets | 2,399,966 |
| TOTAL ASSETS | 233,872,773 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 3,000,000 |
| Accounts Payable & Other Liabilities | 1,827,275 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 54,460,748 |
| Regular shares | 92,694,748 |
| All Other Shares & Deposits | 60,325,170 |
| TOTAL SHARES & DEPOSITS | 207,480,667 |
| TOTAL LIABILITIES | 212,307,942 |
| Regular Reserve | 0 |
| Other Reserves | -3,801,486 |
| Undivided Earnings | 25,366,317 |
| TOTAL EQUITY | 21,564,831 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 233,872,773 |
| INCOME & EXPENSE | |
| Loan Income | 5,401,710 |
| Investment Income | 2,166,451 |
| Other Income | 677,784 |
| Total Employee Compensation & Benefits | 2,960,117 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,209,051 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 133,990 |
| Cost of Funds | 1,526,904 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,423,020 |
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