Sep, 30, 2025 — NORTHRIDGE COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in VIRGINIA, MN with 5 branch locations and about $109.97 million in total assets. Opened 69 years ago in 1957, NORTHRIDGE COMMUNITY CREDIT UNION has about 7,710 members and employs 31 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORTHRIDGE COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 921 17th St S VIRGINIA, MN 55792 |
| Phone: | (218) 748-2609 |
| Fax: | (218) 741-8385 |
| Website: | https://www.nrccu.org |
| Branches: | 5 branch locations |
| Members: | 7,710 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61257 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $109,970,801 |
| CEO/Manager: | Nicholas Mathiowetz |
| Chairperson: | Ryan Rediske |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 9,147,702 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 56,066,749 |
| Unsecured Loans | 12,473,502 |
| Other Loans | 19,400,398 |
| TOTAL LOANS | 87,983,142 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,056,791 |
| Land And Building | 5,795,853 |
| Other Fixed Assets | 776,441 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 967,805 |
| All Other Assets | 379,277 |
| TOTAL ASSETS | 109,970,801 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 300,485 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -60,052 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 18,828,832 |
| Regular shares | 34,550,488 |
| All Other Shares & Deposits | 39,963,897 |
| TOTAL SHARES & DEPOSITS | 93,343,218 |
| TOTAL LIABILITIES | 93,583,651 |
| Regular Reserve | 0 |
| Other Reserves | 955,707 |
| Undivided Earnings | 15,431,443 |
| TOTAL EQUITY | 16,387,150 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 109,970,801 |
| INCOME & EXPENSE | |
| Loan Income | 5,583,022 |
| Investment Income | 282,224 |
| Other Income | 594,237 |
| Total Employee Compensation & Benefits | 1,746,273 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,345,624 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 834,247 |
| Cost of Funds | 1,271,351 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,340,108 |
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