Sep, 30, 2025 — MED PARK CREDIT UNION is a federally insured state chartered credit union headquartered in GRAND FORKS, ND with 1 branch location and about $17.94 million in total assets. Opened 61 years ago in 1965, MED PARK CREDIT UNION has about 1,530 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MED PARK CREDIT UNION |
|---|---|
| Address: (Main Office) | 2150 32nd Ave S Ste E GRAND FORKS, ND 58201 |
| Phone: | (701) 757-0793 |
| Fax: | |
| Website: | https://www.medparkcu.com |
| Branches: | 1 branch locations |
| Members: | 1,530 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62593 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1965 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $17,940,277 |
| CEO/Manager: | Veronica Holweger |
| Chairperson: | Paul Edman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,165,300 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,445,454 |
| Unsecured Loans | 1,161,981 |
| Other Loans | 8,897,781 |
| TOTAL LOANS | 13,505,216 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -59,146 |
| Land And Building | 0 |
| Other Fixed Assets | 141,281 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 147,870 |
| All Other Assets | 0 |
| TOTAL ASSETS | 17,940,277 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 24,587 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 170,419 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,830,695 |
| Regular shares | 8,674,935 |
| All Other Shares & Deposits | 3,360,044 |
| TOTAL SHARES & DEPOSITS | 14,865,674 |
| TOTAL LIABILITIES | 15,060,680 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,879,597 |
| TOTAL EQUITY | 2,879,597 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 17,940,277 |
| INCOME & EXPENSE | |
| Loan Income | 590,284 |
| Investment Income | 122,746 |
| Other Income | 113,884 |
| Total Employee Compensation & Benefits | 305,742 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 279,181 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 87,988 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 157,124 |
| ↑ Back to Top | |