Jun, 30, 2023 — GLACIER HILLS CREDIT UNION is a federally insured state chartered credit union headquartered in WEST BEND, WI with 3 branch locations and about $219.28 million in total assets. Opened 90 years ago in 1934, GLACIER HILLS CREDIT UNION has about 17,046 members and employs 50 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 |
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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: | 17,046 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67238 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1934 |
Last Audited: | Jun 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $219,282,547 |
CEO/Manager: | Tami A Winkler |
Chairperson: | Karen Wilson |
ASSETS: | $ Amount |
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Cash & Equivalents | 10,146,019 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 850 |
Real Estate Loans | 64,487,451 |
Unsecured Loans | 9,370,384 |
Other Loans | 82,364,290 |
TOTAL LOANS | 156,222,125 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -388,178 |
Land And Building | 3,777,049 |
Other Fixed Assets | 440,241 |
NCUSIF Deposit | 1,862,211 |
All Other Assets | 19,864 |
TOTAL ASSETS | 219,282,547 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 19,272 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,153,250 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 43,922,132 |
Regular shares | 76,555,645 |
All Other Shares & Deposits | 75,898,623 |
TOTAL SHARES & DEPOSITS | 196,376,400 |
TOTAL LIABILITIES | 198,548,922 |
Regular Reserve | 0 |
Other Reserves | 283,308 |
Undivided Earnings | 20,450,317 |
TOTAL EQUITY | 20,733,625 |
TOTAL LIABILITIES, SHARES, & EQUITY | 219,282,547 |
INCOME & EXPENSE | |
Loan Income | 4,220,029 |
Investment Income | 463,389 |
Other Income | 659,406 |
Total Employee Compensation & Benefits | 2,349,199 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,544,791 |
Non-operating Income & (Expense) | 745 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 179,161 |
Cost of Funds | 295,842 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,374,458 |
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