Sep, 30, 2025 — MINNEQUA WORKS CREDIT UNION is a federally insured state chartered credit union headquartered in PUEBLO, CO with 5 branch locations and about $260.32 million in total assets. Opened 89 years ago in 1937, MINNEQUA WORKS CREDIT UNION has about 12,608 members and employs 48 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MINNEQUA WORKS CREDIT UNION |
|---|---|
| Address: (Main Office) | 4700 Eagleridge Cir PUEBLO, CO 81008-2344 |
| Phone: | (719) 544-6928 |
| Fax: | (719) 544-0567 |
| Website: | https://www.mymwcu.com |
| Branches: | 5 branch locations |
| Members: | 12,608 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68240 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $260,317,557 |
| CEO/Manager: | Nathan Cape |
| Chairperson: | Greg Smith |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 13,989,896 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 56,218,227 |
| Unsecured Loans | 9,299,751 |
| Other Loans | 43,342,632 |
| TOTAL LOANS | 108,860,610 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,429,565 |
| Land And Building | 2,936,511 |
| Other Fixed Assets | 158,758 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,164,082 |
| All Other Assets | 84,562 |
| TOTAL ASSETS | 260,317,557 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,022,318 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 27,555,701 |
| Regular shares | 68,934,460 |
| All Other Shares & Deposits | 134,013,663 |
| TOTAL SHARES & DEPOSITS | 230,503,825 |
| TOTAL LIABILITIES | 232,535,426 |
| Regular Reserve | 0 |
| Other Reserves | -6,539,021 |
| Undivided Earnings | 34,321,152 |
| TOTAL EQUITY | 27,782,131 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 260,317,557 |
| INCOME & EXPENSE | |
| Loan Income | 4,896,169 |
| Investment Income | 3,561,050 |
| Other Income | 544,803 |
| Total Employee Compensation & Benefits | 2,745,136 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,184,650 |
| Non-operating Income & (Expense) | 39,714 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 327,631 |
| Cost of Funds | 2,619,294 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,792,920 |
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