Dec, 31, 2023 — BADGER-GLOBE CREDIT UNION is a federally insured state chartered credit union headquartered in NEENAH, WI with 1 branch location and about $51.84 million in total assets. Opened 77 years ago in 1947, BADGER-GLOBE CREDIT UNION has about 2,623 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BADGER-GLOBE CREDIT UNION |
|---|---|
| Address: (Main Office) | 260 N Green Bay rd NEENAH, WI 54956 |
| Phone: | (920) 722-2122 |
| Fax: | |
| Website: | https://badgerglobecu.org |
| Branches: | 1 branch locations |
| Members: | 2,623 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66750 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1947 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $51,840,108 |
| CEO/Manager: | Annie Hutter |
| Chairperson: | Kara A Krause |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 408,283 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 21,070,166 |
| Unsecured Loans | 1,232,494 |
| Other Loans | 10,726,840 |
| TOTAL LOANS | 33,029,501 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -74,383 |
| Land And Building | 266,607 |
| Other Fixed Assets | 99,621 |
| NCUSIF Deposit | 447,171 |
| All Other Assets | 5,925 |
| TOTAL ASSETS | 51,840,108 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 167 |
| Notes & Interest Payable | 250,299 |
| Accounts Payable & Other Liabilities | 493,393 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,102,953 |
| Regular shares | 9,261,568 |
| All Other Shares & Deposits | 28,601,226 |
| TOTAL SHARES & DEPOSITS | 43,965,747 |
| TOTAL LIABILITIES | 44,709,606 |
| Regular Reserve | 0 |
| Other Reserves | 99,129 |
| Undivided Earnings | 7,031,373 |
| TOTAL EQUITY | 7,130,502 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 51,840,108 |
| INCOME & EXPENSE | |
| Loan Income | 1,344,293 |
| Investment Income | 417,626 |
| Other Income | 94,674 |
| Total Employee Compensation & Benefits | 917,451 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 828,301 |
| Non-operating Income & (Expense) | -2,065 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,605 |
| Cost of Funds | 443,753 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 29,166 |
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