Sep, 30, 2025 — UNITED SAVINGS CREDIT UNION is a federally insured state chartered credit union headquartered in FARGO, ND with 5 branch locations and about $121.10 million in total assets. Opened 91 years ago in 1935, UNITED SAVINGS CREDIT UNION has about 7,167 members and employs 34 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | UNITED SAVINGS CREDIT UNION |
|---|---|
| Address: (Main Office) | 1001 1st Ave N FARGO, ND 58102 |
| Phone: | (701) 235-2832 |
| Fax: | (701) 235-8376 |
| Website: | https://www.unitedsavingscu.org |
| Branches: | 5 branch locations |
| Members: | 7,167 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 65578 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $121,103,412 |
| CEO/Manager: | Jim Schaefbauer |
| Chairperson: | Keith A Hansen |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 9,854,299 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 51,951,575 |
| Unsecured Loans | 2,869,672 |
| Other Loans | 31,302,785 |
| TOTAL LOANS | 88,825,076 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,052,804 |
| Land And Building | 3,988,753 |
| Other Fixed Assets | 457,143 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 986,480 |
| All Other Assets | 0 |
| TOTAL ASSETS | 121,103,412 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 120,226 |
| Notes & Interest Payable | 500,000 |
| Accounts Payable & Other Liabilities | 444,851 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 21,733,682 |
| Regular shares | 30,844,866 |
| All Other Shares & Deposits | 52,166,210 |
| TOTAL SHARES & DEPOSITS | 104,744,760 |
| TOTAL LIABILITIES | 105,809,837 |
| Regular Reserve | 0 |
| Other Reserves | 3,122,364 |
| Undivided Earnings | 12,171,211 |
| TOTAL EQUITY | 15,293,575 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 121,103,412 |
| INCOME & EXPENSE | |
| Loan Income | 4,036,462 |
| Investment Income | 735,621 |
| Other Income | 521,830 |
| Total Employee Compensation & Benefits | 2,326,872 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,502,355 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 298,500 |
| Cost of Funds | 1,058,840 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 228,238 |
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