FLOODWOOD AREA CREDIT UNION
PO BOX 318, FLOODWOOD, MN 55736 www.floodwoodcu.com

Total Revenue
$621,903
Total Expenses
$567,894
Net Assets
$3,027,776

Organizations Filed Purposes: THE PURPOSE AND STRATEGIC OBJECTIVE OF THE FLOODWOOD AREA CREDIT UNION IS TO SERVE ITS MEMBERS BY PROVIDING COMPETITIVE FINANCIAL PRODUCTS AND SERVICES IN KEEPING WITH RECOGNIZED GOOD BUSINESS PRACTICES.

THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 45 NEW DEPOSIT ACCOUNTS IN 2017. AS OF 12/31/17 WE HAD 1,814 MEMBERS.

THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 275 NEW LOANS TO OUR MEMBERS DURING 2017. AS OF 12/31/17 WE HAD 677 LOANS TO OUR MEMBERS.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Patrick BabinskiPRESIDENT40$55,926
Debra ArroVICE PRESIDE40$45,438
Nathan MannerVICE CHAIR/1.5$891
Larry HeggedahlCHAIR1$689
Shirley JohnsonTREASURER /1$646
Lonna HutchinsonSECRETARY /1$557
Robert DurovecDIRECTOR1$363
Marilyn ArroDIRECTOR1$189

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201820789349301102_public.xml