Sep, 30, 2025 — WINGS FINANCIAL CREDIT UNION is a federally insured state chartered credit union headquartered in APPLE VALLEY, MN with 31 branch locations and about $9.39 billion in total assets. Opened 88 years ago in 1938, WINGS FINANCIAL CREDIT UNION has about 381,281 members and employs 752 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WINGS FINANCIAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 14985 Glazier Ave APPLE VALLEY, MN 55124 |
| Phone: | (952) 997-8000 |
| Fax: | (952) 997-8100 |
| Website: | https://www.wingsfinancial.com |
| Branches: | 31 branch locations |
| Members: | 381,281 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68601 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $9,390,217,225 |
| CEO/Manager: | Frank Weidner |
| Chairperson: | Gregory C Miller |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 219,895,790 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 6,051,300,547 |
| Unsecured Loans | 308,032,406 |
| Other Loans | 891,257,095 |
| TOTAL LOANS | 7,251,582,529 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -67,386,793 |
| Land And Building | 62,309,272 |
| Other Fixed Assets | 16,031,347 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 64,401,251 |
| All Other Assets | 17,207,926 |
| TOTAL ASSETS | 9,390,217,225 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,481,563 |
| Notes & Interest Payable | 1,171,646,354 |
| Accounts Payable & Other Liabilities | 89,168,888 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,341,247,474 |
| Regular shares | 968,537,290 |
| All Other Shares & Deposits | 4,828,678,645 |
| TOTAL SHARES & DEPOSITS | 7,138,463,410 |
| TOTAL LIABILITIES | 8,404,705,853 |
| Regular Reserve | 0 |
| Other Reserves | -145,585,160 |
| Undivided Earnings | 1,131,096,532 |
| TOTAL EQUITY | 985,511,372 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 9,390,217,225 |
| INCOME & EXPENSE | |
| Loan Income | 280,593,601 |
| Investment Income | 47,958,340 |
| Other Income | 16,204,225 |
| Total Employee Compensation & Benefits | 77,013,269 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 60,618,700 |
| Non-operating Income & (Expense) | 1,214,661 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 20,298,183 |
| Cost of Funds | 155,121,679 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 63,630,961 |
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