Sep, 30, 2025 — SPIRIT OF AMERICA FEDERAL CREDIT UNION is a federal credit union headquartered in LINCOLN, NE with 1 branch location and about $53.66 million in total assets. Opened 83 years ago in 1943, SPIRIT OF AMERICA FEDERAL CREDIT UNION has about 3,713 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: | SPIRIT OF AMERICA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 325 N 52nd St LINCOLN, NE 68504-3507 |
| Phone: | (402) 467-1102 |
| Fax: | (402) 467-3293 |
| Website: | https://www.spiritofamericafcu.org |
| Branches: | 1 branch locations |
| Members: | 3,713 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24724 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1943 |
| Last Audited: | Feb 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $53,659,624 |
| CEO/Manager: | Cheryl A Wiemer |
| Chairperson: | Michael G Hayes |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 503,004 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 8,686,462 |
| Unsecured Loans | 608,468 |
| Other Loans | 10,358,265 |
| TOTAL LOANS | 19,653,195 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -103,772 |
| Land And Building | 537,235 |
| Other Fixed Assets | 144,242 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 461,847 |
| All Other Assets | 0 |
| TOTAL ASSETS | 53,659,624 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 437,572 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 13,107,976 |
| Regular shares | 31,838,217 |
| All Other Shares & Deposits | 2,091,377 |
| TOTAL SHARES & DEPOSITS | 47,037,570 |
| TOTAL LIABILITIES | 47,475,142 |
| Regular Reserve | 0 |
| Other Reserves | 2,209,513 |
| Undivided Earnings | 3,974,969 |
| TOTAL EQUITY | 6,184,482 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 53,659,624 |
| INCOME & EXPENSE | |
| Loan Income | 686,528 |
| Investment Income | 887,034 |
| Other Income | 136,418 |
| Total Employee Compensation & Benefits | 591,645 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 524,412 |
| Non-operating Income & (Expense) | -57 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,426 |
| Cost of Funds | 24,763 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 583,096 |
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