Program areas at MCCU
Dividends and interest of $5.49 million was paid to Members in 2022 on 122,018 deposit accounts. We strive to offer competitve rates to our Members.
Availability of 13 of our own atm's as well as a large network of atm's nation and world wide to our Members and non-members. We want to offer convenience to our Members after hours and away from home.
35,141 loans totaling over $912 million were active for consumer, mortgage and commercial loans. Our goal is to offer loans at reasonable rates to our Members. We aslo provide indirect loans to customers of auto dealerships in the area at competitive rates.
Personnel at MCCU
| Name | Title | Compensation | Date of data |
|---|
| Stephen Ewers | President and Chief Executive Officer | $611,748 | 2022-12-31 |
| Janet Vold | Chief Information Officer and Chief Operating Officer / Vice President of Operations and It | $525,526 | 2022-12-31 |
| Ralph Hamann | Chief Financial Officer and Chro / Vice President Human Resources and Finance and Chief Financial Officer | $500,726 | 2022-12-31 |
| Ryanne Battaglia | Chief Marketing Officer / Vice President Marketing and Business Development | $387,779 | 2022-12-31 |
| Brae Olson | Vice President Marketing | $171,628 | 2022-12-31 |
| ...and 15 more key personnel |
Financials for MCCU
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $47,097,569 | $43,947,517 | 7.2% |
| Investment income and dividends | $2,349,959 | $1,253,922 | 87.4% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-3,020,281 | $-981 | -307777.8% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $507,579 | -100% |
| Total revenues | $46,427,247 | $45,708,037 | 1.6% |
Organizations like MCCU
| Organization | Type | Location | Revenue |
|---|
| Co-Op Credit Union of Montevideo | 501(c)(14) | Montevideo, MN | $13,722,372 |
| Northwoods Credit Union | 501(c)(14) | Cloquet, MN | $11,960,002 |
| Ideal Credit Union | 501(c)(14) | Woodbury, MN | $48,171,673 |
| Southpoint Financial Credit Union | 501(c)(14) | Sleepy Eye, MN | $21,293,740 |
| My Credit Union | 501(c)(14) | Bloomington, MN | $18,120,740 |
| City & County Credit Union (CCCU) | 501(c)(14) | Saint Paul, MN | $53,343,575 |
| First Alliance Credit Union | 501(c)(14) | Stewartville, MN | $20,652,686 |
| Minnco Credit Union | 501(c)(14) | Cambridge, MN | $22,040,179 |
| Magnifi Financial Credit Union | 501(c)(14) | Melrose, MN | $128,720,153 |
| Anoka Hennepin Credit Union | 501(c)(14) | Coon Rapids, MN | $12,997,224 |
Data update history
December 27, 2023
Updated personnel
Identified 7 new personnel
December 24, 2023
Used new vendors
Identified 4 new vendors, including , , , and
November 12, 2023
Updated personnel
Identified 1 new personnel
November 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
- Address
- 4628 Mike Colalillo Dr
- Duluth, MN 55807
- Metro area
- Duluth, MN-WI
- County
- St. Louis County, MN
- Website URL
- membersccu.org/
- Phone
- (218) 625-8500
- Facebook page
- membersccu
- Twitter profile
- @memberscoopcu
IRS details
- EIN
- 41-0195345
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1936
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- W60: Financial Institutions, Credit Unions
- NAICS code, primary
- 522130: Credit Unions
- Parent/child status
- Child within group exemption
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