Sep, 30, 2025 — TOPLINE FINANCIAL CREDIT UNION is a federally insured state chartered credit union headquartered in MAPLE GROVE, MN with 11 branch locations and about $1.10 billion in total assets. Opened 91 years ago in 1935, TOPLINE FINANCIAL CREDIT UNION has about 69,348 members and employs 182 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TOPLINE FINANCIAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 9353 Jefferson Hwy MAPLE GROVE, MN 55369 |
| Phone: | (763) 391-9494 |
| Fax: | |
| Website: | https://www.toplinecu.com |
| Branches: | 11 branch locations |
| Members: | 69,348 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68731 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,101,806,530 |
| CEO/Manager: | Mick Olson |
| Chairperson: | Paul Jacobsen |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 58,991,759 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 538,824 |
| Real Estate Loans | 526,758,912 |
| Unsecured Loans | 41,657,267 |
| Other Loans | 307,627,008 |
| TOTAL LOANS | 876,127,624 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,079,214 |
| Land And Building | 25,400,682 |
| Other Fixed Assets | 4,075,907 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 8,812,199 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,101,806,530 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 32,406,628 |
| Accounts Payable & Other Liabilities | 15,523,277 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 210,660,439 |
| Regular shares | 473,141,926 |
| All Other Shares & Deposits | 262,551,600 |
| TOTAL SHARES & DEPOSITS | 946,353,966 |
| TOTAL LIABILITIES | 994,283,871 |
| Regular Reserve | 0 |
| Other Reserves | 24,985,348 |
| Undivided Earnings | 82,537,311 |
| TOTAL EQUITY | 107,522,659 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,101,806,530 |
| INCOME & EXPENSE | |
| Loan Income | 37,950,358 |
| Investment Income | 4,664,458 |
| Other Income | 2,085,307 |
| Total Employee Compensation & Benefits | 15,332,502 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 15,380,011 |
| Non-operating Income & (Expense) | -83,008 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,502,818 |
| Cost of Funds | 13,084,134 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,017,325 |
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