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National Credit Union Service Organization

BREWERY CREDIT UNION

Dec, 31, 2023 — BREWERY CREDIT UNION is a federally insured state chartered credit union headquartered in MILWAUKEE, WI with 2 branch locations and about $63.21 million in total assets. Opened 90 years ago in 1934, BREWERY CREDIT UNION has about 8,540 members and employs 26 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:BREWERY CREDIT UNION
Address:
(Main Office)
1351 N DR MARTIN LUTHER KING JR DR
MILWAUKEE, WI 53212-4024
Phone:(414) 273-3170
Fax:(414) 273-3487
Website:https://www.brewerycu.com
Branches:2 branch locations
Members:8,540
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:66637
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1934
Last Audited:Sep 01, 2023
FHLB Member:Yes
Low Income Designation:No
Assets:$63,207,864
CEO/Manager:KRISTIN BROJANAC
Chairperson:MARIE BRITT-SHARPE

Call Report

  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,647,336
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 24,390,966
 Unsecured Loans 4,580,306
 Other Loans 17,292,941
 TOTAL LOANS 46,264,213
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -837,427
 Land And Building 1,798,205
 Other Fixed Assets 207,134
 NCUSIF Deposit 466,876
 All Other Assets 23,800
  TOTAL ASSETS 63,207,864
LIABILITIES & CAPITAL:  
 Dividends Payable 27,678
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 719,485
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 7,770,247
 Regular shares 16,034,553
 All Other Shares & Deposits 25,527,579
  TOTAL SHARES & DEPOSITS 49,332,379
  TOTAL LIABILITIES 50,086,759
 Regular Reserve 0
 Other Reserves 1,803,991
 Undivided Earnings 11,317,114
  TOTAL EQUITY 13,121,105
  TOTAL LIABILITIES, SHARES, & EQUITY 63,207,864
INCOME & EXPENSE  
 Loan Income 3,159,462
 Investment Income 578,925
 Other Income 1,112,011
 Total Employee Compensation & Benefits 1,475,220
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,999,595
 Non-operating Income & (Expense) 24,420
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 650,624
 Cost of Funds 486,381
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 791,105
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