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Filing year 2024

FEDERATED EMPLOYEES CREDIT UNION

Owatonna, Minnesota·EIN 41-0327335·14
Total revenue
$2.6M
Total assets
$59.6M
Total expenses
$2.4M
Reported officers
8
Mission

TO PROVIDE COMPETITIVE, PROGRESSIVE FINANCIAL SERVICES THAT MEET THE NEEDS OF OUR MEMBERS WHILE PROVIDING FINANCIAL EDUCATION AND MAINTAINING FINANCIAL STABILITY.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Manager
officer (unspecified)
$148k
$160k
Treasurer
officer (unspecified)
$11k
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Up 8%
from 2023

From $137k in 2023 to $148k in 2024.

$137k
2023
$148k
2024
In today's dollarsEst.
Up 5% in real terms$152k to $160k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

FEDERATED EMPLOYEES CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.3M
$2M
2023
$2.6M
$2.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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