Capital Credit Union

Capital Credit Union Overview

Capital Credit Union is located in Bismarck, ND. The organization was established in 1944. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2019, Capital Credit Union employed 176 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capital Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2019, Capital Credit Union generated $30.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $22.4m during the year ending 12/2019. While expenses have increased by 5.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO BE THE TRUSTED FINANCIAL RESOURCE THAT PUTS MEMBERS FIRST.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUR CREDIT UNION WAS SERVING 30,037 MEMBERS AS OF DECEMBER 31, 2019. OUR PROGRAM'S OBJECTIVES ARE TO BE THE TRUSTED FINANCIAL RESOURCE THAT PUTS MEMBERS FIRST AND TO BE THE BEST CHOICE FOR FINANCIAL SERVICES IN OUR MARKET. OUR PROGRAM OFFERS OUR MEMBERS A VARIETY OF PRODUCTS, INCLUDING (BUT NOT LIMITED TO): LOANS, SAVINGS AND CHECKING ACCOUNTS, CERTIFICATES OF DEPOSITS, CARD AND DIGITAL SERVICES.


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Capital Credit Union Vendors

Vendor Name (Service)Compensation
Olaf Anderson Construction
Construction
$1,665,915
Finastra
Financial Technologies
$467,152
Cu Cooperative Systems
Atm & Card Services
$371,669
Htg Architects
Architectural
$295,821
Strum
Marketing
$352,209
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$26,448,849
Investment income $2,371,134
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $23,091
Net Gain/Loss on Asset Sales $603,948
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $30,059,348

Capital Credit Union Peer Organizations

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