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National Credit Union Service Organization

AIR TECH CREDIT UNION

Dec, 31, 2023 — AIR TECH CREDIT UNION is a federally insured state chartered credit union headquartered in MILWAUKEE, WI with 1 branch location and about $3.08 million in total assets. Opened 68 years ago in 1956, AIR TECH CREDIT UNION has about 729 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:AIR TECH CREDIT UNION
Address:
(Main Office)
1919 E Grange Ave
MILWAUKEE, WI 53207-6104
Phone:(414) 744-1325
Fax:(414) 744-2011
Website:n/a
Branches:1 branch locations
Members:729
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:66546
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1956
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$3,081,944
CEO/Manager:Kandace K Lessard
Chairperson:William Rebholz

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 79,716
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 210,745
 Other Loans 1,446,050
 TOTAL LOANS 1,656,795
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -3,290
 Land And Building 0
 Other Fixed Assets 11,772
 NCUSIF Deposit 23,981
 All Other Assets 0
  TOTAL ASSETS 3,081,944
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 210,652
 Accounts Payable & Other Liabilities 2,311
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,131,753
 All Other Shares & Deposits 162,045
  TOTAL SHARES & DEPOSITS 2,293,798
  TOTAL LIABILITIES 2,506,761
 Regular Reserve 0
 Other Reserves 322,128
 Undivided Earnings 253,055
  TOTAL EQUITY 575,183
  TOTAL LIABILITIES, SHARES, & EQUITY 3,081,944
INCOME & EXPENSE  
 Loan Income 73,087
 Investment Income 15,768
 Other Income 2,079
 Total Employee Compensation & Benefits 43,629
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 49,070
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 7,968
 Cost of Funds 6,677
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -16,410
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