Dec, 31, 2023 — GLACIER HILLS CREDIT UNION is a federally insured state chartered credit union headquartered in WEST BEND, WI with 3 branch locations and about $236.48 million in total assets. Opened 90 years ago in 1934, GLACIER HILLS CREDIT UNION has about 17,312 members and employs 52 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GLACIER HILLS CREDIT UNION |
|---|---|
| Address: (Main Office) | 2150 S Main St WEST BEND, WI 53095 |
| Phone: | (262) 338-1888 |
| Fax: | (262) 338-4470 |
| Website: | https://www.glacierhills.com |
| Branches: | 3 branch locations |
| Members: | 17,312 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67238 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1934 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $236,476,324 |
| CEO/Manager: | Tami A Winkler |
| Chairperson: | Karen Wilson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 10,919,783 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 71,689,749 |
| Unsecured Loans | 10,190,039 |
| Other Loans | 84,039,985 |
| TOTAL LOANS | 165,919,773 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -607,940 |
| Land And Building | 3,551,398 |
| Other Fixed Assets | 639,170 |
| NCUSIF Deposit | 1,963,748 |
| All Other Assets | 74,673 |
| TOTAL ASSETS | 236,476,324 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 247,964 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,879,364 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 40,937,901 |
| Regular shares | 62,696,356 |
| All Other Shares & Deposits | 105,222,936 |
| TOTAL SHARES & DEPOSITS | 208,857,193 |
| TOTAL LIABILITIES | 212,984,521 |
| Regular Reserve | 0 |
| Other Reserves | 365,051 |
| Undivided Earnings | 23,126,752 |
| TOTAL EQUITY | 23,491,803 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 236,476,324 |
| INCOME & EXPENSE | |
| Loan Income | 6,987,482 |
| Investment Income | 1,865,094 |
| Other Income | 876,682 |
| Total Employee Compensation & Benefits | 3,425,521 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,362,964 |
| Non-operating Income & (Expense) | -16,759 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 370,615 |
| Cost of Funds | 2,297,153 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,153,031 |
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