Dec, 31, 2023 — KOHLER CREDIT UNION is a federally insured state chartered credit union headquartered in SHEBOYGAN, WI with 11 branch locations and about $617.13 million in total assets. Opened 86 years ago in 1938, KOHLER CREDIT UNION has about 43,616 members and employs 159 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | KOHLER CREDIT UNION |
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Address: (Main Office) | 5727 Superior Ave SHEBOYGAN, WI 53083-3329 |
Phone: | (920) 459-2595 |
Fax: | |
Website: | https://www.kohlercu.com |
Branches: | 11 branch locations |
Members: | 43,616 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 66872 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1938 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $617,133,500 |
CEO/Manager: | Anthony J Klockow |
Chairperson: | Christopher M Lacey |
ASSETS: | $ Amount |
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Cash & Equivalents | 25,155,268 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 616,003 |
Real Estate Loans | 263,913,983 |
Unsecured Loans | 2,611,714 |
Other Loans | 204,081,027 |
TOTAL LOANS | 483,567,968 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,475,805 |
Land And Building | 20,957,530 |
Other Fixed Assets | 10,291,869 |
NCUSIF Deposit | 5,195,187 |
All Other Assets | 131,641 |
TOTAL ASSETS | 617,133,500 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 29,000,000 |
Accounts Payable & Other Liabilities | 10,035,719 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 118,164,346 |
Regular shares | 277,659,854 |
All Other Shares & Deposits | 137,060,510 |
TOTAL SHARES & DEPOSITS | 532,884,710 |
TOTAL LIABILITIES | 571,929,069 |
Regular Reserve | 0 |
Other Reserves | -4,708,066 |
Undivided Earnings | 49,912,497 |
TOTAL EQUITY | 45,204,431 |
TOTAL LIABILITIES, SHARES, & EQUITY | 617,133,500 |
INCOME & EXPENSE | |
Loan Income | 18,873,364 |
Investment Income | 1,203,366 |
Other Income | 2,287,639 |
Total Employee Compensation & Benefits | 10,839,055 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 9,564,406 |
Non-operating Income & (Expense) | -75,368 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -88,207 |
Cost of Funds | 3,708,487 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 3,006,361 |
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