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CROW WING POWER CREDIT UNION

Dec, 31, 2022 — CROW WING POWER CREDIT UNION is a federally insured state chartered credit union headquartered in BRAINERD, MN with 1 branch location and about $112.76 million in total assets. Opened 24 years ago in 1999, CROW WING POWER CREDIT UNION has about 5,232 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 091981688
Name:CROW WING POWER CREDIT UNION
Address:
(Main Office)
17330 State Highway 371
BRAINERD, MN 56401
Phone:(218) 825-2208
Fax:(218) 822-2678
Website:https://www.cwpcu.org
Branches:1 branch locations
Members:5,232
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68389
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1999
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$112,762,162
CEO/Manager:Joan Wileman
Chairperson:Gert Roggenkamp

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,411,065
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 43,288,616
 Unsecured Loans 161,648
 Other Loans 19,343,118
 TOTAL LOANS 62,793,382
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -69,338
 Land And Building 0
 Other Fixed Assets 9,005
 NCUSIF Deposit 995,232
 All Other Assets 0
  TOTAL ASSETS 112,762,162
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 216,964
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 14,138,388
 Regular shares 54,438,443
 All Other Shares & Deposits 35,615,510
  TOTAL SHARES & DEPOSITS 104,192,341
  TOTAL LIABILITIES 104,409,305
 Regular Reserve 0
 Other Reserves 2,295,540
 Undivided Earnings 6,057,317
  TOTAL EQUITY 8,352,857
  TOTAL LIABILITIES, SHARES, & EQUITY 112,762,162
INCOME & EXPENSE  
 Loan Income 1,354,637
 Investment Income 270,653
 Other Income 35,505
 Total Employee Compensation & Benefits 634,875
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 599,773
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -8,847
 Cost of Funds 237,581
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 512,129
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