Sep, 30, 2025 — RAILWAY CREDIT UNION is a federally insured state chartered credit union headquartered in MANDAN, ND with 3 branch locations and about $193.95 million in total assets. Opened 72 years ago in 1954, RAILWAY CREDIT UNION has about 8,419 members and employs 29 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | RAILWAY CREDIT UNION |
|---|---|
| Address: (Main Office) | 1006 E Main St MANDAN, ND 58554-3762 |
| Phone: | (701) 667-9500 |
| Fax: | (701) 667-9600 |
| Website: | https://www.railwaycu.com |
| Branches: | 3 branch locations |
| Members: | 8,419 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60787 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $193,950,547 |
| CEO/Manager: | Paul J Brucker |
| Chairperson: | Douglas M Erhart |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,231,076 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 85,642,362 |
| Unsecured Loans | 1,589,086 |
| Other Loans | 51,665,753 |
| TOTAL LOANS | 138,897,201 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,200,000 |
| Land And Building | 8,814,099 |
| Other Fixed Assets | 829,685 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,540,749 |
| All Other Assets | 339,719 |
| TOTAL ASSETS | 193,950,547 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,613,214 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 22,992,481 |
| Regular shares | 56,906,955 |
| All Other Shares & Deposits | 88,104,588 |
| TOTAL SHARES & DEPOSITS | 168,004,024 |
| TOTAL LIABILITIES | 169,637,238 |
| Regular Reserve | 0 |
| Other Reserves | -8,583 |
| Undivided Earnings | 24,321,892 |
| TOTAL EQUITY | 24,313,309 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 193,950,547 |
| INCOME & EXPENSE | |
| Loan Income | 6,282,780 |
| Investment Income | 1,255,534 |
| Other Income | 514,549 |
| Total Employee Compensation & Benefits | 2,523,037 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,806,645 |
| Non-operating Income & (Expense) | 425,403 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 223,361 |
| Cost of Funds | 2,972,135 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,305,611 |
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