Jun, 30, 2024 — NORTHERN STATES POWER - ST. PAUL CREDIT UNION is a federally insured state chartered credit union headquartered in SAINT PAUL, MN with 1 branch location and about $45.76 million in total assets. Opened 92 years ago in 1933, NORTHERN STATES POWER - ST. PAUL CREDIT UNION has about 2,947 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORTHERN STATES POWER - ST. PAUL CREDIT UNION |
|---|---|
| Address: (Main Office) | 825 Rice St SAINT PAUL, MN 55117-5459 |
| Phone: | (651) 228-7668 |
| Fax: | (651) 229-5544 |
| Website: | https://www.mynspcu.org |
| Branches: | 1 branch locations |
| Members: | 2,947 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62733 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1933 |
| Last Audited: | Mar 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $45,761,814 |
| CEO/Manager: | Charlie Yenni |
| Chairperson: | Brandon Cramer |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 899,650 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,151,740 |
| Unsecured Loans | 2,445,563 |
| Other Loans | 16,622,263 |
| TOTAL LOANS | 23,219,566 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -110,218 |
| Land And Building | 0 |
| Other Fixed Assets | 746,178 |
| NCUSIF Deposit | 380,414 |
| All Other Assets | 16,106 |
| TOTAL ASSETS | 45,761,814 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 850,057 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,516,761 |
| Regular shares | 22,991,575 |
| All Other Shares & Deposits | 9,118,910 |
| TOTAL SHARES & DEPOSITS | 37,627,246 |
| TOTAL LIABILITIES | 38,477,303 |
| Regular Reserve | 0 |
| Other Reserves | -716,370 |
| Undivided Earnings | 8,000,881 |
| TOTAL EQUITY | 7,284,511 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 45,761,814 |
| INCOME & EXPENSE | |
| Loan Income | 878,589 |
| Investment Income | 172,797 |
| Other Income | 171,613 |
| Total Employee Compensation & Benefits | 414,511 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 735,779 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,917 |
| Cost of Funds | 83,276 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 311,729 |
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