Sep, 30, 2025 — RICHFIELD-BLOOMINGTON CREDIT UNION is a federally insured state chartered credit union headquartered in BLOOMINGTON, MN with 4 branch locations and about $371.14 million in total assets. Opened 69 years ago in 1957, RICHFIELD-BLOOMINGTON CREDIT UNION has about 22,560 members and employs 78 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | RICHFIELD-BLOOMINGTON CREDIT UNION |
|---|---|
| Address: (Main Office) | 9550 Lyndale Ave S BLOOMINGTON, MN 55420 |
| Phone: | (612) 798-7100 |
| Fax: | |
| Website: | https://www.mymncu.org |
| Branches: | 4 branch locations |
| Members: | 22,560 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60125 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $371,138,769 |
| CEO/Manager: | Gregory H Worthen |
| Chairperson: | James L Habeck |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 11,615,479 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 267,186,856 |
| Unsecured Loans | 16,993,749 |
| Other Loans | 33,852,054 |
| TOTAL LOANS | 318,175,652 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,375,653 |
| Land And Building | 17,171,519 |
| Other Fixed Assets | 1,073,857 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 3,107,232 |
| All Other Assets | 0 |
| TOTAL ASSETS | 371,138,769 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 7,932,029 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 108,763,995 |
| Regular shares | 102,909,310 |
| All Other Shares & Deposits | 116,605,171 |
| TOTAL SHARES & DEPOSITS | 328,278,477 |
| TOTAL LIABILITIES | 336,210,506 |
| Regular Reserve | 0 |
| Other Reserves | 3,876,026 |
| Undivided Earnings | 31,052,237 |
| TOTAL EQUITY | 34,928,263 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 371,138,769 |
| INCOME & EXPENSE | |
| Loan Income | 11,530,451 |
| Investment Income | 223,068 |
| Other Income | 1,146,761 |
| Total Employee Compensation & Benefits | 5,984,971 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 6,138,946 |
| Non-operating Income & (Expense) | -47,367 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 900,232 |
| Cost of Funds | 2,282,592 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -335,704 |
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