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GREAT RIVER FEDERAL CREDIT UNION

Sep, 30, 2025 — GREAT RIVER FEDERAL CREDIT UNION is a federal credit union headquartered in Saint Cloud, MN with 9 branch locations and about $334.36 million in total assets. Opened 78 years ago in 1948, GREAT RIVER FEDERAL CREDIT UNION has about 19,551 members and employs 79 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: 291975672
Name:GREAT RIVER FEDERAL CREDIT UNION
Address:
(Main Office)
1532 W Saint Germain
Saint Cloud, MN 56301-4129
Phone:(320) 252-5393
Fax:(320) 252-4595
Website:https://www.greatriverfcu.org
Branches:9 branch locations
Members:19,551
Credit Union Type:Federal Credit Union
Charter Number:24632
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1948
Last Audited:Sep 01, 2024
FHLB Member:Yes
Low Income Designation:No
Assets:$334,360,937
CEO/Manager:Brant Hicks
Chairperson:Mark Skaj

Call Report

  • Payday Alternative Loans (PAL Loans)
  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 15,484,836
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 148,551,008
 Unsecured Loans 12,118,315
 Other Loans 120,530,113
 TOTAL LOANS 258,795,505
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,136,774
 Land And Building 8,086,849
 Other Fixed Assets 1,785,047
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 2,802,410
 All Other Assets 853,959
  TOTAL ASSETS 334,360,937
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 3,000,000
 Accounts Payable & Other Liabilities 3,181,480
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 51,624,647
 Regular shares 140,257,769
 All Other Shares & Deposits 111,456,259
  TOTAL SHARES & DEPOSITS 302,236,142
  TOTAL LIABILITIES 303,130,970
 Regular Reserve 0
 Other Reserves 3,856,142
 Undivided Earnings 22,464,406
  TOTAL EQUITY 26,320,548
  TOTAL LIABILITIES, SHARES, & EQUITY 329,709,234
INCOME & EXPENSE  
 Loan Income 7,530,946
 Investment Income 459,833
 Other Income 539,855
 Total Employee Compensation & Benefits 3,204,826
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 5,808,113
 Non-operating Income & (Expense) 6,309
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,084,733
 Cost of Funds 568,079
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,182,399
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