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FARGO VA FEDERAL CREDIT UNION

Sep, 30, 2025 — FARGO VA FEDERAL CREDIT UNION is a federal credit union headquartered in FARGO, ND with 1 branch location and about $13.49 million in total assets. Opened 91 years ago in 1935, FARGO VA FEDERAL CREDIT UNION has about 1,487 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FARGO VA FEDERAL CREDIT UNION
Address:
(Main Office)
2101 Elm St N
FARGO, ND 58102-2417
Phone:(701) 280-0870
Fax:(701) 235-0012
Website:https://www.fargovafcu.org
Branches:1 branch locations
Members:1,487
Credit Union Type:Federal Credit Union
Charter Number:288
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1935
Last Audited:Jun 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$13,494,178
CEO/Manager:Jana L Thune
Chairperson:Nanda Gross

Call Report

  • Payday Alternative Loans (PAL Loans)
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,362,820
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,737,222
 Unsecured Loans 530,337
 Other Loans 4,779,751
 TOTAL LOANS 7,047,310
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -34,670
 Land And Building 0
 Other Fixed Assets 3,980
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 119,748
 All Other Assets 0
  TOTAL ASSETS 13,494,178
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 33,110
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,651,418
 Regular shares 4,369,155
 All Other Shares & Deposits 4,728,985
  TOTAL SHARES & DEPOSITS 11,749,558
  TOTAL LIABILITIES 11,782,668
 Regular Reserve 0
 Other Reserves 182,003
 Undivided Earnings 1,529,507
  TOTAL EQUITY 1,711,510
  TOTAL LIABILITIES, SHARES, & EQUITY 13,494,178
INCOME & EXPENSE  
 Loan Income 340,574
 Investment Income 173,302
 Other Income 39,073
 Total Employee Compensation & Benefits 200,219
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 247,578
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 44,769
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 117,934
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