Sep, 30, 2025 — ASSOCIATED HEALTHCARE CREDIT UNION is a federally insured state chartered credit union headquartered in WOODBURY, MN with 5 branch locations and about $169.67 million in total assets. Opened 73 years ago in 1953, ASSOCIATED HEALTHCARE CREDIT UNION has about 12,420 members and employs 24 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ASSOCIATED HEALTHCARE CREDIT UNION |
|---|---|
| Address: (Main Office) | 6789 Upper Afton Rd WOODBURY, MN 55125 |
| Phone: | (651) 383-4000 |
| Fax: | |
| Website: | https://www.ahcu.org |
| Branches: | 5 branch locations |
| Members: | 12,420 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60466 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $169,673,651 |
| CEO/Manager: | Joel Swanson II |
| Chairperson: | Joe Clubb |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 19,760,926 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 56,673,835 |
| Unsecured Loans | 8,407,642 |
| Other Loans | 60,118,590 |
| TOTAL LOANS | 125,200,067 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -698,800 |
| Land And Building | 975,446 |
| Other Fixed Assets | 581,207 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,333,075 |
| All Other Assets | 0 |
| TOTAL ASSETS | 169,673,651 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -1,778 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 25,761,838 |
| Regular shares | 42,702,889 |
| All Other Shares & Deposits | 79,431,940 |
| TOTAL SHARES & DEPOSITS | 147,896,668 |
| TOTAL LIABILITIES | 147,894,890 |
| Regular Reserve | 0 |
| Other Reserves | 3,810,221 |
| Undivided Earnings | 17,968,540 |
| TOTAL EQUITY | 21,778,761 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 169,673,651 |
| INCOME & EXPENSE | |
| Loan Income | 4,920,310 |
| Investment Income | 1,059,418 |
| Other Income | 633,637 |
| Total Employee Compensation & Benefits | 1,553,798 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,336,459 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 249,728 |
| Cost of Funds | 1,889,826 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,230,812 |
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