RICHFIELDBLOOMINGTON CREDIT UNION
9550 LYNDALE AVENUE SOUTH, BLOOMINGTON, MN 55420 www.rbcu.org

Total Revenue
$12,977,702
Total Expenses
$12,198,185
Net Assets
$25,972,269

Organizations Filed Purposes: TO PROVIDE LENDING, SAVINGS AND OTHER FINANCIAL SERVICES TO OUR QUALIFYING MEMBERS AT TERMS GENERALLY BETTER THAN AVAILABLE IN THE MARKETPLACE AND WITH A "SERVICE BASED EMPHASIS" THAT RECOGNIZES THE MEMBERS' STATUS AS OWNDERS.

DIVIDENDS AND INTEREST EXCEEDING $303,909 PAID TO MEMBERS ON $267,747,470 DEPOSIT ACCOUNTS HELD BY 22,559 MEMBERS.

PROVIDED CONSUMER, MORTGAGE AND BUSINESS LOAN SERVICES TO MEMBERS. GRANTED 1,527 LOANS IN 2019 WHICH EXCEEDED $88,086,673 MILLION DOLLARS IN NEW LOAN DISBURSEMENTS. TOTAL OF ALL LOANS OUTSTANDING WAS OVER $206,689,537 MILLION DOLLARS AT YEAR END.

PROVIDED OUTSTANDING PERSONAL AND REMOTE ACCESS TO FINANCIAL SERVICES. IN ADDITION TO THREE IN-PERSON BRANCHES, RBCU MEMBERS ACCESSED FINANCIAL SERVICE THROUGH THE USE OF TWO SUR-CHARGE FREE ATM'S, OVER 5,315 CREDIT CARDS, OVER 15,739 DEBIT AND 369 ATM CARDS, AND NEARLY 10,217 MEMBERS USING OUR INTERNET BANKING SITE.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Greg WorthenPRESIDENT40$331,219
Rick RasmussonCHIEF FINANCIAL OFFICER40$163,066
Karen HoeppnerVICE PRESIDENT, LENDING40$158,600
Pierre MerlinVICE PRESIDENT, IT40$135,112
John DebbettigniesVICE PRESIDENT, MEMBER SER40$121,949
Todd BardusonVICE PRESIDENT, MARKETING40$111,820
Terry StirewaltVICE PRESIDENT, COMMERCIAL40$100,713
David Kriessel-KollDIRECTOR1$0
John SuarezDIRECTOR1$0
Evans OnchiriDIRECTOR1$0
Robert WarrickDIRECTOR1$0
Dylan KloppDIRECTOR1$0
James McdonaldTREASURER1$0
Teresa KruseSECRETARY1$0
Lynn SchererVICE CHAIRMAN1$0
James HabeckCHAIRMAN1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202003179349308015_public.xml