#364 of 500 · Member & Benefit Funds

Wings Financial Credit Union

EIN 41-6028665 · MN · NTEE n/a · Form 990, fiscal 2023

A member-owned, not-for-profit financial cooperative headquartered in the Minneapolis-Saint Paul area of Minnesota. Founded in 1938 to serve aviation-industry employees, it now serves members nationally, offering consumer and business banking, loans, mortgages, and savings products, and supports communities through the Wings Financial Foundation. It is governed by a member-elected board under cooperative principles.

Financials, fiscal 2023

Revenue

$421.6M

Expenses

$358.8M

Total assets

$9.67B

Net assets

$813.3M

Operating margin

14.9%

1-year growth

38.2%

5-year growth (CAGR)

14.4%

Reserve (years of spending)

27.2

Contributions share

n/a

Programme spending

84.8%

Fundraising cost

n/a

Executive pay share

2.26%

Employees

959

Revenue per employee

$440K

Grants paid

n/a

Years filing

79

NFP Health Score: 66 / 100

Financial 56 · Governance 65 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To foster a cooperative spirit and help our members realize their financial aspirations.

Revenue history