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National Credit Union Service Organization

STOUGHTON U.S. RUBBER EMPLOYEES CREDIT UNION

Dec, 31, 2023 — STOUGHTON U.S. RUBBER EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in STOUGHTON, WI with 0 branch location and about $665,866 in total assets. Opened 73 years ago in 1951, STOUGHTON U.S. RUBBER EMPLOYEES CREDIT UNION has about 297 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:STOUGHTON U.S. RUBBER EMPLOYEES CREDIT UNION
Address:
(Main Office)
501 S Water St
STOUGHTON, WI 53589
Phone:(608) 873-6631
Fax:(608) 873-3355
Website:n/a
Branches:0 branch locations
Members:297
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:66613
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1951
Last Audited:Dec 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$665,866
CEO/Manager:Tom A Henderson
Chairperson:Dale Johnson

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 190,343
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 6,584
 Other Loans 177,198
 TOTAL LOANS 183,782
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -3,183
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 6,406
 All Other Assets 0
  TOTAL ASSETS 665,866
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,785
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 469,004
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 469,004
  TOTAL LIABILITIES 471,789
 Regular Reserve 0
 Other Reserves 109,814
 Undivided Earnings 84,263
  TOTAL EQUITY 194,077
  TOTAL LIABILITIES, SHARES, & EQUITY 665,866
INCOME & EXPENSE  
 Loan Income 9,117
 Investment Income 10,440
 Other Income 0
 Total Employee Compensation & Benefits 10,794
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 9,495
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,311
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -2,043
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