CENTRAL MINNESOTA CREDIT UNION
20 4TH AVE SE, MELROSE, MN 56352 www.mycmcu.org

Total Revenue
$66,228,219
Total Expenses
$52,153,934
Net Assets
$186,127,689

Organizations Filed Purposes: CENTRAL MINNESOTA CREDIT UNION IS A MEMBER OWNED FINANCIAL COOPERATIVE PROVIDING LOAN, DEPOSIT AND OTHER FINANCIAL SERVICES TO 69,656 MEMBERS.

CENTRAL MINNESOTA CREDIT UNION PAID DIVIDENDS OF $7,741,346 ON AMOUNTS DEPOSITED BY MEMBERS.

AS A STATE CHARTERED CREDIT UNION WE PROVIDE A VARIETY OF DEPOSITORY SERVICES TO OUR MEMBERSHIP. THE CREDIT UNION HAD 204,716 MEMBER ACCOUNTS WITH DEPOSITS OF $978,335,088 AS OF DECEMBER 31, 2019.

AS A STATE CHARTERED CREDIT UNION WE PROVIDE A VARIETY OF LENDING SERVICES TO OUR MEMBERSHIP INCLUDING RETAIL, COMMERCIAL AND AGRICULTURAL LOANS. THE CREDIT UNION HAD 34,362 LOANS OUTSTANDING AS OF DECEMBER 31, 2019 WITH BALANCES OF $951,972,588.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Nadine RielandCHIEF HUMAN RESOURCES OFFI45$1,175,278
Bernard BrixiusCHIEF ADMINISTRATIVE OFFICER45$1,095,350
Charles FriederichsCHIEF EXECUTIVE OFFICER45$815,802
Al DoeringSENIOR VP OF CREDIT45$271,785
Stephanie MayersFINANCIAL ADVISOR45$246,405
Nancy RoskeCHIEF ADMINISTRATIVE OFFICER45$216,047
Neal KaderabekSENIOR VP OF IS AND TECHNOLOGY45$213,266
Michael SchwietersFINANCIAL ADVISOR45$186,753
Dean DirkesVICE PRESIDENT OF COMMERCIAL BANKING45$173,790
Gary MeyerSENIOR VP OF BRANCH ADMINI45$170,499
Andy WelleVICE PRESIDENT OF COMMERCIAL BANKING45$150,500
Scott EveslageVP OF MARKETING45$147,784
Mark MeyerCHAIRPERSON2$2,415
Marvin HinnenkampDIRECTOR2$2,227
Fred FleischhackerDIRECTOR2$1,346
Marty MahowaldSECRETARY2$0
Luke GodzalaDIRECTOR2$0
James GondringerTREASURER2$0
Steve DanzlVICE CHAIRPERSON2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202001419349300630_public.xml