2022-03-14T14:58:15-05:00 2021-12-31 461065712 BRENT WOOKEY CPA PO BOX 1512 LA CROSSE WI 546021512 990 2021-01-01 410448160 NORTHERN STATES POWER ST PAUL CREDIT UNION NORT 6512287668 825 RICE STREET ST PAUL MN 55117 CHARLIE YENNI PRESIDENT/TREASURER 6512287672 2022-03-14 true CHARLIE YENNI 999009999 BRENT WOOKEY CPA P00062439 6087920843 2022-03-14 X 2021 2022-09-23 18:48:47Z CHARLIE YENNI 825 RICE STREET ST PAUL MN 55117 3082006 false X WWW.MYNSPCU.ORG X 1933 MN TO EARN OUR MEMBERS' TRUST WITH PERSONALIZED SERVICE AND INTEGRITY. 7 6 8 350 2500 295 1506475 1860595 333842 215732 4243 5384 1847060 2082006 1040 1650 0 587733 602572 0 0 1086840 946944 1675613 1551166 171447 530840 44988004 47099789 37695948 39414503 7292056 7685286 TO EARN OUR MEMBERS' TRUST WITH PERSONALIZED SERVICE AND INTEGRITY. false false THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 76 NEW DEPOSIT ACCOUNTS IN 2021. AS OF 12/31/21 WE HAD 2,972 MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 61,573 NEW LOANS DURING 2021 AS OF 12/31/21 WE HAD 74,079 OUTSTANDING LOANS. false false false false false false false false false true false true false true false false false false false false false false false false false false false false false false true false false false false false false false false false false false false true 772 0 true 8 true false false false false false false false false X 7 6 false false false false true true true true true false false false true true true true true true false false X CHARLIE YENNI 6512287668 825 RICE STREET ST PAUL MN 55117 CHARLIE YENNI PRESIDENT/TR 50.00 X X 111428 0 35593 TODD RIEBE DIRECTOR 1.75 X 1019 0 0 ALEX AUTIO VICE CHAIR 1.00 X X 568 0 0 SCOTT HULTS CHAIR (PARTI 0.75 X X 369 0 0 BRANDON CRAMER CHAIR (PARTI 0.75 X X 351 0 0 THOMAS BREUCKMAN DIRECTOR 0.50 X 334 0 0 JENNY BORGERSON RIES SECRETARY 0.50 X X 331 0 0 DARREN KARNES DIRECTOR 0.50 X 208 0 0 KEVIN STREETER DIRECTOR 0.50 X 38 0 0 114646 35593 1 false false false FIS 8500 GOVERNORS HILL DR SYMMES TOWNSHIP OH 45249 CARD PROCESSING 143680 BRADFORD SCOTT DATA CORP 9465 COUNSELORS ROW INDIANAPOLIS IN 46240 CORE PROCESSOR 113683 FISERV INC 255 FISERV DRIVE BROOKFIELD WI 53045 CARD PROCESSING 106978 3 295 295 INTEREST ON LOANS 522130 1153667 1153667 OTHER MEMBER RELATED REVENUE 522130 495812 495812 MEMBER FEE INCOME 522130 210766 210766 MECH REPAIR INSUR 520000 350 350 1860595 214259 214259 5384 5384 1001473 1000000 1473 1473 1473 2082006 1861718 350 219643 1650 114646 334741 46704 72725 33756 2460 5735 77896 58208 302688 113683 12000 4107 12 23098 14439 LOAN SERVICING EXPENSE 303693 DIVIDENDS EXPENSE 130990 PROVISN LOAN LOSS ADJSTMT -102065 1551166 0 0 0 79013 160483 4754968 5089420 225974 277421 1611400 1657325 22114164 22384531 277840 420104 290605 268734 44968 21871 14846936 16059705 1032741 1028929 44988004 47099789 240356 274993 37455592 39139510 37695948 39414503 X 7292056 7685286 7292056 7685286 44988004 47099789 530840 -137610 X false false 115200 115200 175405 153534 21871 21871 AFS SECURITIES MATURITY > 1 YR 6421377 F HTM SECURITIES MATURITY > 1YR 4712000 C OTHER INVSTMNTS MATURITY > 1 YR 3720000 C CUOLI 1142215 F SERVION GROUP CUSO 25000 C CO-OP FINANCIAL SVCS CUSO 20000 C MEMBERSHIP PIC ALLOYA CORP FCU 19113 C 16059705 MEMBER SHARES & DEPOSITS 39052850 457 F PLAN PAYABLE 86660 39139510 CHARIE YENNI PRESIDENT/CEO COLLATERAL ASSIGNMENT SPLIT DOLLAR X 1600000 1657325 false true true 1657325 SCHEDULE L, PART V THE CREDIT UNION PROVIDES SUPPLEMENTAL RETIREMENT BENEFITS THROUGH AN ARRANGEMENT THE IRS REFERS TO AS COLLATERAL ASSIGNMENT SPLIT DOLLAR (CASD). ALTHOUGH THE IRS REQUIRES REPORTING IN PART II ABOVE FOR LOANS TO INTERESTED PERSONS, CASD IS NOT AN ACTUAL LOAN. THERE IS NEITHER A TRANSFER OF FUNDS TO THE PARTICIPANT NOR AN OBLIGATION FOR THE PARTICIPANT TO PAY THOSE FUNDS BACK. INSTEAD, THE CREDIT UNION RECOVERS ITS OUTLAYS PLUS INTEREST FROM THE UNDERLYING POLICY. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER, ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 7B A MEMBER VOTE IS REQUIRED FOR DECISIONS WHICH ARE BEYOND THE AUTHORITY OF THE BOARD OF DIRECTORS. ITEMS WHICH REQUIRE A MEMBERSHIP VOTE ARE OUTLINED AND SPECIFIED IN OUR BYLAWS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 11B THE PRESIDENT PROVIDES DATA TO INDEPENDENT CPA WHO PREPARES THE RETURN. THE PRESIDENT REVIEWS THE RETURN FOR ACCURACY, AND THEN AUTHORIZES CPA TO E-FILE THE APPROVED RETURN. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND ANY POTENTIAL CONFLICTS ARE DISCUSSED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS DETERMINES AND APPROVES THE COMPENSATION FOR THE PRESIDENT/CEO. APPROVAL IS NOTED IN THE BOARD MINUTES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON RQUEST.