Sep, 30, 2025 — FIRST COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in JAMESTOWN, ND with 26 branch locations and about $1.49 billion in total assets. Opened 87 years ago in 1939, FIRST COMMUNITY CREDIT UNION has about 46,777 members and employs 267 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FIRST COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 310 10th St SE JAMESTOWN, ND 58401-5555 |
| Phone: | (701) 252-0360 |
| Fax: | |
| Website: | https://www.myfccu.com |
| Branches: | 26 branch locations |
| Members: | 46,777 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60103 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1939 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,488,851,728 |
| CEO/Manager: | Stephen Schmitz |
| Chairperson: | Owen Olson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 76,261,123 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 4,552,235 |
| Real Estate Loans | 714,242,603 |
| Unsecured Loans | 22,298,012 |
| Other Loans | 298,486,204 |
| TOTAL LOANS | 1,036,662,202 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,724,065 |
| Land And Building | 36,180,370 |
| Other Fixed Assets | 4,477,772 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 9,675,635 |
| All Other Assets | 363,174 |
| TOTAL ASSETS | 1,488,851,728 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 6,063,697 |
| Notes & Interest Payable | 200,000,000 |
| Accounts Payable & Other Liabilities | 11,394,339 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 314,224,190 |
| Regular shares | 174,869,264 |
| All Other Shares & Deposits | 617,894,982 |
| TOTAL SHARES & DEPOSITS | 1,106,988,438 |
| TOTAL LIABILITIES | 1,324,941,484 |
| Regular Reserve | 0 |
| Other Reserves | 6,767,620 |
| Undivided Earnings | 157,142,624 |
| TOTAL EQUITY | 163,910,244 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,488,851,728 |
| INCOME & EXPENSE | |
| Loan Income | 43,402,552 |
| Investment Income | 9,292,963 |
| Other Income | 4,360,172 |
| Total Employee Compensation & Benefits | 19,712,657 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 11,220,660 |
| Non-operating Income & (Expense) | 31,810 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 785,000 |
| Cost of Funds | 21,933,499 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 6,692,629 |
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