FLASHER COMMUNITY CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://flashercreditunion.org for more information.
Sep, 30, 2025 — FLASHER COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in FLASHER, ND with 1 branch location and about $14.91 million in total assets. Opened 87 years ago in 1939, FLASHER COMMUNITY CREDIT UNION has about 733 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FLASHER COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 266 FLASHER, ND 58535 |
| Phone: | (701) 597-3391 |
| Fax: | (701) 597-3391 |
| Website: | https://flashercreditunion.org |
| Branches: | 1 branch locations |
| Members: | 733 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 64240 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1939 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $14,913,085 |
| CEO/Manager: | Darla Schafer |
| Chairperson: | Elwood Barth |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,954,074 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,220,084 |
| Unsecured Loans | 16,520 |
| Other Loans | 4,454,844 |
| TOTAL LOANS | 8,691,448 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -97,548 |
| Land And Building | 3,287 |
| Other Fixed Assets | 14,284 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 123,646 |
| All Other Assets | 0 |
| TOTAL ASSETS | 14,913,085 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -428 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,793,804 |
| Regular shares | 3,752,322 |
| All Other Shares & Deposits | 6,172,036 |
| TOTAL SHARES & DEPOSITS | 13,718,162 |
| TOTAL LIABILITIES | 13,717,737 |
| Regular Reserve | 0 |
| Other Reserves | 400,000 |
| Undivided Earnings | 795,348 |
| TOTAL EQUITY | 1,195,348 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 14,913,085 |
| INCOME & EXPENSE | |
| Loan Income | 298,946 |
| Investment Income | 23,077 |
| Other Income | 59,947 |
| Total Employee Compensation & Benefits | 124,277 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 183,000 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 30,086 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 49,320 |
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