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DAWSON CO-OP CREDIT UNION

Sep, 30, 2025 — DAWSON CO-OP CREDIT UNION is a federally insured state chartered credit union headquartered in DAWSON, MN with 4 branch locations and about $277.21 million in total assets. Opened 65 years ago in 1961, DAWSON CO-OP CREDIT UNION has about 8,662 members and employs 26 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 291273549
Name:DAWSON CO-OP CREDIT UNION
Address:
(Main Office)
711 6TH ST
DAWSON, MN 56232
Phone:(320) 769-2908
Fax:
Website:https://www.greaterccu.com
Branches:4 branch locations
Members:8,662
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61624
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1961
Last Audited:Sep 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$277,210,226
CEO/Manager:John Nevins
Chairperson:David Zaske

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 23,652,273
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 76,064,230
 Unsecured Loans 2,986,349
 Other Loans 83,857,499
 TOTAL LOANS 163,405,228
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,619,316
 Land And Building 2,703,201
 Other Fixed Assets 293,177
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 2,098,927
 All Other Assets 10,980
  TOTAL ASSETS 277,210,226
LIABILITIES & CAPITAL:  
 Dividends Payable 530
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 112,488
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 38,541,121
 Regular shares 90,250,564
 All Other Shares & Deposits 90,502,943
  TOTAL SHARES & DEPOSITS 219,294,629
  TOTAL LIABILITIES 219,407,647
 Regular Reserve 0
 Other Reserves 1,083,086
 Undivided Earnings 56,719,493
  TOTAL EQUITY 57,802,579
  TOTAL LIABILITIES, SHARES, & EQUITY 277,210,226
INCOME & EXPENSE  
 Loan Income 7,243,512
 Investment Income 3,349,593
 Other Income 179,495
 Total Employee Compensation & Benefits 1,654,520
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 1,321,638
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 125,000
 Cost of Funds 4,640,831
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,415,442
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