Dec, 31, 2023 — LA CROSSE-BURLINGTON CREDIT UNION is a federally insured state chartered credit union headquartered in LA CROSSE, WI with 1 branch location and about $7.65 million in total assets. Opened 69 years ago in 1955, LA CROSSE-BURLINGTON CREDIT UNION has about 915 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | LA CROSSE-BURLINGTON CREDIT UNION |
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Address: (Main Office) | 1735 Credit Union Ct LA CROSSE, WI 54603 |
Phone: | (608) 781-5040 |
Fax: | (608) 781-5041 |
Website: | https://www.forlbcu.com |
Branches: | 1 branch locations |
Members: | 915 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 66406 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1955 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $7,651,865 |
CEO/Manager: | Dorothy J Hannon |
Chairperson: | Andrew J Brye |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,665,564 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 8,309 |
Unsecured Loans | 203,756 |
Other Loans | 2,891,494 |
TOTAL LOANS | 3,103,559 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,185 |
Land And Building | 15,411 |
Other Fixed Assets | 2,150 |
NCUSIF Deposit | 70,101 |
All Other Assets | 0 |
TOTAL ASSETS | 7,651,865 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 23,872 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,143,536 |
Regular shares | 3,556,145 |
All Other Shares & Deposits | 957,213 |
TOTAL SHARES & DEPOSITS | 6,656,894 |
TOTAL LIABILITIES | 6,680,766 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 971,099 |
TOTAL EQUITY | 971,099 |
TOTAL LIABILITIES, SHARES, & EQUITY | 7,651,865 |
INCOME & EXPENSE | |
Loan Income | 115,873 |
Investment Income | 177,666 |
Other Income | 33,023 |
Total Employee Compensation & Benefits | 40,548 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 166,746 |
Non-operating Income & (Expense) | 6,680 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 27,700 |
Cost of Funds | 23,126 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 75,122 |
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