2026-04-22T12:45:58-05:00 2025-12-31 990 2025-01-01 410682083 Electric Machinery Employees Credit Union % Gregory D Ericson ELEC 6123788100 800 Central Ave NE Minneapolis MN 55413 GREGORY D ERICSON President 6123788100 2026-04-22 2025 2025-03-06 01:10:19Z Gregory D Ericson 10520 Avocet St NW Coon Rapids MN 55433 418681 false X emcu.org X 1947 MN Provide competitive savings rates and low cost loans to our members 5 5 2 7 0 0 0 328835 312224 78016 106457 0 406851 418681 0 154173 134777 164731 163100 0 0 220366 144413 539270 442290 -132419 -23609 8389881 8505711 6831822 6971260 1558059 1534451 X To provide financial services and products consistant with our membership. To offer loans and savings accounts at a competitive rate. true false 117781 Dividends paid to members 47604 Visa 41340 Data Proc/Prof Services 206725 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 false false false false false false true false false false false false false false false false false false false true 0 0 false 2 true false false false false false false false false X 5 5 false false false false true true true true true false false false false false true true true false MN X GREGORY D ERICSON 6123788100 800 Central Ave NE Minneapolis MN 55413 GREGORY D ERICSON President 40.00 0.00 X 78441 0 0 TAYLOR DISTEL Vice President 40.00 0.00 X 57000 0 0 RICHARD GROSS Director 1.00 0.00 X 0 0 0 RYAN LAFLAMME Director 1.00 0.00 X 0 0 0 ERIC NORMAN Director 1.00 0.00 X 0 0 0 JOE LOYAS Director 1.00 0.00 X 0 0 0 KRISTEN POPEK Director 1.00 0.00 X 0 0 0 135441 0 0 0 false false false Member Loan Interest 522291 303299 303299 ATM Program 900099 207 207 8718 8718 312224 106457 106457 0 418681 418681 0 0 134777 135441 4278 12375 11006 265 6515 41339 1514 10963 11338 Visa Program 47604 ATM Program 16063 Provision for Loan Loss 7287 1525 442290 0 0 0 330 330 3633252 4596842 209779 223666 4515461 3660685 14160 7324 16899 16864 8389881 8505711 81672 65552 6750150 6905708 6831822 6971260 X 1558059 1534451 1558059 1534451 8389881 8505711 -23609 0 X false false false Shares 6349428 Regular Reserves 556280 6905708 RICHARD GROSS Board Member Auto X 40595 13697 false true true RICHARD GROSS Board Member Auto X 31535 27938 false true true RICHARD GROSS Board Member Auto X 32754 19661 false true true RYAN LAFLAMME Board Member Auto X 30000 5759 false true true JOE LOYAS Board Member Visa X 5000 216 false true true KRISTEN POPEK Board Member Real Estate X 56000 51974 false true true GREGORY ERICSON Staff Real Estate X 55000 45301 false true true TAYLOR DISTEL Staff Real Estate X 25000 16923 false true true TAYLOR DISTEL Staff Auto X 43127 42197 false true true 223666 Part III Line 2 Mobile App, Mobile Deposit, Online Lending Portal Part VI Line 1a The Board of Directors disginate two members to run the finance committee. Part VI Line 6 Members. Part VI Line 7a The members elect the board of directors. Part VI Line 7b The discharge of a member must be approved by the membership. Part VI Line 11b A copy is available in the office, and is available to all directors. Part VI Line 15a or b Directors review salaries annually, review financials, employee goals and Part VI Line 15a or b pay a competitive salary. Part VI Line 19 Upon Request. Part VI Line 1a The board of Directors designate two members to run the finance committee. Part VI Line 6 Members Part VI Line 7a The members elect the board of directors Part VI Line 7b The discharge of a member must be approved by the membership Part VI Line 11b A copy is available in the office and is available to all directors Part VI Line 15a or b Directors review salaries annually, review financials, employee goals, and Part VI Line 15a or b pay a competitive salary Part VI Line 19 Upon Request