NonprofitsFederated Employees Credit Union

Federated Employees Credit Union

OWATONNA, MN

Total revenue

$2.6M

Total expenses

$2.4M

Net assets

$8.1M

Grants received

EIN

410327335

Tax year

2024

Mission

To provide competitive, progressive financial services that meet the needs of our members while providing financial education and maintaining financial stability.

Programs

2 programs

Federated employees credit union focuses on providing savings deposit services, originating new loans and servicing the loan portfolio for members.

Recording member account activity and providing access to members to their accounts via home banking, mobile banking, atm networks and in person at the credit union office.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$2.1M
Investment income$508K
Other revenue
Total revenue$2.6M

Expenses

Grants paid
Salaries & benefits$669K
Fundraising
Other expenses$529K
Total expenses$2.4M
Total assets$59.6M
Net assets$8.1M

People

8 listed

NameRoleCompensation

ANNETTE ARNDT

MANAGER

Board

$98K

40 hrs/wk

JEREMIAH FLYNN

TREASURER

Board

$11K

5 hrs/wk

TRAVIS SPARKS

ASST. TREASURER

Board

3 hrs/wk

PAMELA DONKERS

SECRETARY

Board

1 hrs/wk

SHANNON BLATTI

DIRECTOR

Board

1 hrs/wk

BRIAN SCHLAUDERAFF

DIRECTOR

Board

4 hrs/wk

PETER KEHLER

VICE CHAIR

Board

1 hrs/wk

CHRISTOPHER DITLEVSON

CHAIRPERSON

Board

2 hrs/wk

Details

EIN410327335
Subsection14
Ruling date1944-09
Formed1934
Employees11
Volunteers13
FEDERATED EMPLOYEES CREDIT UNION — Mission, Financials & Grants Received | Grantivo