CITIES CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.citiescu.org for more information.
Sep, 30, 2025 — CITIES CREDIT UNION is a federally insured state chartered credit union headquartered in Vadnais Heights, MN with 1 branch location and about $38.17 million in total assets. Opened 90 years ago in 1936, CITIES CREDIT UNION has about 2,495 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: | CITIES CREDIT UNION |
|---|---|
| Address: (Main Office) | 3625 Talmage Circle Vadnais Heights, MN 55110 |
| Phone: | (651) 426-3773 |
| Fax: | (651) 426-0832 |
| Website: | https://www.citiescu.org |
| Branches: | 1 branch locations |
| Members: | 2,495 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 63109 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $38,174,426 |
| CEO/Manager: | Michael R Enright |
| Chairperson: | Daniel L Pederson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 285,430 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,567,395 |
| Unsecured Loans | 842,345 |
| Other Loans | 15,712,215 |
| TOTAL LOANS | 18,121,955 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -156,431 |
| Land And Building | 555,646 |
| Other Fixed Assets | 111,103 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 332,497 |
| All Other Assets | 0 |
| TOTAL ASSETS | 38,174,426 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 157,772 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,653,494 |
| Regular shares | 14,690,165 |
| All Other Shares & Deposits | 11,959,682 |
| TOTAL SHARES & DEPOSITS | 35,303,341 |
| TOTAL LIABILITIES | 35,461,113 |
| Regular Reserve | 0 |
| Other Reserves | 875,690 |
| Undivided Earnings | 1,837,623 |
| TOTAL EQUITY | 2,713,313 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 38,174,426 |
| INCOME & EXPENSE | |
| Loan Income | 614,047 |
| Investment Income | 205,398 |
| Other Income | 143,545 |
| Total Employee Compensation & Benefits | 296,771 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 604,398 |
| Non-operating Income & (Expense) | 19,841 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 118,000 |
| Cost of Funds | 29,692 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 45,690 |
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