Dec, 31, 2022 — SPIRE CREDIT UNION is a federally insured state chartered credit union headquartered in FALCON HEIGHTS, MN with 23 branch locations and about $2.15 billion in total assets. Opened 89 years ago in 1934, SPIRE CREDIT UNION has about 153,571 members and employs 374 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SPIRE CREDIT UNION |
|---|---|
| Address: (Main Office) | 2025 Larpenteur Ave W FALCON HEIGHTS, MN 55113 |
| Phone: | (651) 215-3500 |
| Fax: | |
| Website: | https://www.myspire.com |
| Branches: | 23 branch locations |
| Members: | 153,571 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68651 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1934 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,153,756,633 |
| CEO/Manager: | Dan Stoltz |
| Chairperson: | Tom Heinzen |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 59,119,282 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 2,893,534 |
| Real Estate Loans | 722,889,340 |
| Unsecured Loans | 130,316,568 |
| Other Loans | 680,283,788 |
| TOTAL LOANS | 1,533,679,454 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,033,264 |
| Land And Building | 60,722,766 |
| Other Fixed Assets | 8,048,624 |
| NCUSIF Deposit | 17,093,792 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,153,756,633 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 138,781 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 14,455,792 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 529,732,785 |
| Regular shares | 609,847,078 |
| All Other Shares & Deposits | 855,259,061 |
| TOTAL SHARES & DEPOSITS | 1,994,838,924 |
| TOTAL LIABILITIES | 2,009,433,497 |
| Regular Reserve | 0 |
| Other Reserves | 17,483,199 |
| Undivided Earnings | 126,839,937 |
| TOTAL EQUITY | 144,323,136 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,153,756,633 |
| INCOME & EXPENSE | |
| Loan Income | 38,728,184 |
| Investment Income | 3,261,768 |
| Other Income | 7,154,944 |
| Total Employee Compensation & Benefits | 23,282,192 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 24,104,682 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,350,000 |
| Cost of Funds | 3,736,239 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 11,850,599 |
| ↑ Back to Top | |