Sep, 30, 2025 — CARPENTERS FEDERAL CREDIT UNION is a federal credit union headquartered in SAINT PAUL, MN with 2 branch locations and about $43.32 million in total assets. Opened 73 years ago in 1953, CARPENTERS FEDERAL CREDIT UNION has about 15,594 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CARPENTERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 720 Olive St SAINT PAUL, MN 55130-4405 |
| Phone: | (651) 646-8827 |
| Fax: | (651) 646-1834 |
| Website: | https://www.mycarpenterscu.org |
| Branches: | 2 branch locations |
| Members: | 15,594 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24676 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $43,322,371 |
| CEO/Manager: | Kimberly S Waite |
| Chairperson: | Ryan Pecinvosky |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,157,395 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 677,243 |
| Unsecured Loans | 154,753 |
| Other Loans | 19,872,468 |
| TOTAL LOANS | 20,704,464 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -358,861 |
| Land And Building | 0 |
| Other Fixed Assets | 264,821 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 373,370 |
| All Other Assets | 0 |
| TOTAL ASSETS | 43,322,371 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -419,639 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 14,235,882 |
| Regular shares | 10,340,795 |
| All Other Shares & Deposits | 12,559,507 |
| TOTAL SHARES & DEPOSITS | 37,136,185 |
| TOTAL LIABILITIES | 36,716,546 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 6,605,825 |
| TOTAL EQUITY | 6,605,825 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 43,322,371 |
| INCOME & EXPENSE | |
| Loan Income | 858,738 |
| Investment Income | 749,592 |
| Other Income | 865,924 |
| Total Employee Compensation & Benefits | 560,434 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,396,567 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 343 |
| Cost of Funds | 53,244 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 590,450 |
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