Sep, 30, 2025 — WAKOTA FEDERAL CREDIT UNION is a federal credit union headquartered in SOUTH ST PAUL, MN with 1 branch location and about $45.64 million in total assets. Opened 95 years ago in 1931, WAKOTA FEDERAL CREDIT UNION has about 3,790 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WAKOTA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1151 Southview Blvd SOUTH ST PAUL, MN 55075 |
| Phone: | (651) 451-3330 |
| Fax: | (651) 451-1385 |
| Website: | https://www.wakotafcu.org |
| Branches: | 1 branch locations |
| Members: | 3,790 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24579 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1931 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $45,639,513 |
| CEO/Manager: | Mary Matheson |
| Chairperson: | Adam Swartz |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,256,602 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 5,272,668 |
| Unsecured Loans | 1,783,397 |
| Other Loans | 21,287,851 |
| TOTAL LOANS | 28,343,916 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -401,529 |
| Land And Building | 812,991 |
| Other Fixed Assets | 55,625 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 393,964 |
| All Other Assets | 0 |
| TOTAL ASSETS | 45,639,513 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 37,881 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 394,723 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,308,951 |
| Regular shares | 19,606,366 |
| All Other Shares & Deposits | 11,739,521 |
| TOTAL SHARES & DEPOSITS | 40,654,838 |
| TOTAL LIABILITIES | 41,087,442 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 4,552,071 |
| TOTAL EQUITY | 4,552,071 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 45,639,513 |
| INCOME & EXPENSE | |
| Loan Income | 1,311,233 |
| Investment Income | 338,559 |
| Other Income | 158,153 |
| Total Employee Compensation & Benefits | 591,312 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 673,659 |
| Non-operating Income & (Expense) | 164,683 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 83,170 |
| Cost of Funds | 288,514 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 500,689 |
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