Sep, 30, 2025 — MOWER COUNTY EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in AUSTIN, MN with 1 branch location and about $12.74 million in total assets. Opened 65 years ago in 1961, MOWER COUNTY EMPLOYEES CREDIT UNION has about 790 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: | MOWER COUNTY EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 900 18th Ave NW AUSTIN, MN 55912 |
| Phone: | (507) 437-6360 |
| Fax: | (507) 437-2964 |
| Website: | https://www.mowercountyecu.org |
| Branches: | 1 branch locations |
| Members: | 790 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 64518 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $12,739,553 |
| CEO/Manager: | Stephanie M Riles |
| Chairperson: | DUANE FELT |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 552,923 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,807,898 |
| Unsecured Loans | 874,906 |
| Other Loans | 5,806,734 |
| TOTAL LOANS | 11,489,539 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -100,714 |
| Land And Building | 197,575 |
| Other Fixed Assets | 4,181 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 99,603 |
| All Other Assets | 0 |
| TOTAL ASSETS | 12,739,553 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 19,859 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 825,520 |
| Regular shares | 3,393,984 |
| All Other Shares & Deposits | 6,663,202 |
| TOTAL SHARES & DEPOSITS | 10,882,705 |
| TOTAL LIABILITIES | 10,902,564 |
| Regular Reserve | 0 |
| Other Reserves | 174,859 |
| Undivided Earnings | 1,662,130 |
| TOTAL EQUITY | 1,836,989 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 12,739,553 |
| INCOME & EXPENSE | |
| Loan Income | 535,471 |
| Investment Income | 10,822 |
| Other Income | 32,501 |
| Total Employee Compensation & Benefits | 140,185 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 140,479 |
| Non-operating Income & (Expense) | -1,243 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -27,596 |
| Cost of Funds | 194,961 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 129,522 |
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