Sep, 30, 2025 — UNITED EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in ALBERT LEA, MN with 1 branch location and about $62.29 million in total assets. Opened 94 years ago in 1932, UNITED EMPLOYEES CREDIT UNION has about 4,016 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | UNITED EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 430 Bridge Ave ALBERT LEA, MN 56007 |
| Phone: | (507) 377-1616 |
| Fax: | (507) 377-8907 |
| Website: | https://www.unitedecu.com |
| Branches: | 1 branch locations |
| Members: | 4,016 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60263 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1932 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $62,289,102 |
| CEO/Manager: | Matt Maras |
| Chairperson: | Steven Guenthner |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,711,040 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,811,725 |
| Unsecured Loans | 424,527 |
| Other Loans | 22,979,955 |
| TOTAL LOANS | 28,216,207 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -59,980 |
| Land And Building | 114,630 |
| Other Fixed Assets | 12,530 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 509,808 |
| All Other Assets | 0 |
| TOTAL ASSETS | 62,289,102 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 359,042 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 95,280 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,150,918 |
| Regular shares | 17,241,660 |
| All Other Shares & Deposits | 29,762,966 |
| TOTAL SHARES & DEPOSITS | 53,155,544 |
| TOTAL LIABILITIES | 53,609,866 |
| Regular Reserve | 0 |
| Other Reserves | 792,130 |
| Undivided Earnings | 7,887,106 |
| TOTAL EQUITY | 8,679,236 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 62,289,102 |
| INCOME & EXPENSE | |
| Loan Income | 1,237,150 |
| Investment Income | 950,542 |
| Other Income | 85,540 |
| Total Employee Compensation & Benefits | 439,713 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 320,676 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,500 |
| Cost of Funds | 848,919 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 678,437 |
| ↑ Back to Top | |