RED WING CREDIT UNION
3303 NORTH SERVICE DRIVE, RED WING, MN 55066 www.redwingcu.com

Total Revenue
$5,016,069
Total Expenses
$3,689,183
Net Assets
$13,295,631

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

THE RED WING CREDIT UNION PRESENTLY HAS 3670 CONSUMER LOANS IN SERVICE FOR A TOTAL VOLUME OF $58,891,259.24. THE CREDIT UNION ALSO HAS 52 COMMERCIAL LOANS FOR A TOTAL VOLUME OF $4,247,219.75. WE ALSO HAVE 1403 VISA LOAN ACCOUNTS IN SERVICE FOR A TOTAL VOLUME OF $1,674,946.82. THE INTEREST RATES CHARGED ON THESE LOANS IS WELL BELOW THAT OF OUR LOCAL COMPETITION.

THE RED WING CREDIT UNION OFFERS SAVINGS DEPOSIT RATES THAT ARE GENERALLY HIGHER THAN OUR LOCAL COMPETITION. WE OFFER BOTH REGULAR AND IRA CERTIFICATES OF DEPOSIT.

THE RED WING CREDIT UNION OFFERS VARIOUS CHECKING ACCOUNTS THAT ARE VERY COMPETITIVELY PRICED IN OUR LOCAL MARKET. ALL OUR FEES ARE LOWER THAN THE COMPETITION. IN GENERAL, WE OFFER BETTER PRODUCTS AT A BETTER PRICE.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Aaron DejongPRESIDENT40$151,518
Daryl MarkCHAIR0.3$500
Stacy BystromDIRECTOR0.3$475
Paul IrwinDIRECTOR0.3$450
Shirley PerkinsSECRETARY0.3$425
Tammy WadleyDIRECTOR0.3$400
David HullDIRECTOR0.3$325
Stacey HinrichsDIRECTOR0.3$200
Josh ThygesenVICE CHAIR0.3$25

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202032449349300208_public.xml