Dec, 31, 2023 — NEKOOSA CREDIT UNION is a federally insured state chartered credit union headquartered in NEKOOSA, WI with 1 branch location and about $27.88 million in total assets. Opened 89 years ago in 1935, NEKOOSA CREDIT UNION has about 1,334 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | NEKOOSA CREDIT UNION |
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Address: (Main Office) | 115 Prospect Ave NEKOOSA, WI 54457-1226 |
Phone: | (715) 886-3661 |
Fax: | (715) 886-3771 |
Website: | https://www.nekoosacu.com |
Branches: | 1 branch locations |
Members: | 1,334 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 66393 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1935 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $27,882,529 |
CEO/Manager: | Michael Diercks |
Chairperson: | Steven Bredl |
ASSETS: | $ Amount |
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Cash & Equivalents | 985,467 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 7,204,349 |
Unsecured Loans | 180,464 |
Other Loans | 1,914,243 |
TOTAL LOANS | 9,299,056 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -20,207 |
Land And Building | 207,852 |
Other Fixed Assets | 22,476 |
NCUSIF Deposit | 253,784 |
All Other Assets | 0 |
TOTAL ASSETS | 27,882,529 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 8,382 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 61,545 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,871,373 |
Regular shares | 18,300,451 |
All Other Shares & Deposits | 1,564,654 |
TOTAL SHARES & DEPOSITS | 23,736,478 |
TOTAL LIABILITIES | 23,806,405 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 4,076,124 |
TOTAL EQUITY | 4,076,124 |
TOTAL LIABILITIES, SHARES, & EQUITY | 27,882,529 |
INCOME & EXPENSE | |
Loan Income | 344,476 |
Investment Income | 859,518 |
Other Income | 19,535 |
Total Employee Compensation & Benefits | 328,229 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 276,613 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 124,194 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 525,385 |
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