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WISCONSIN MEDICAL CREDIT UNION

Dec, 31, 2023 — WISCONSIN MEDICAL CREDIT UNION is a federally insured state chartered credit union headquartered in GREEN BAY, WI with 1 branch location and about $14.45 million in total assets. Opened 59 years ago in 1965, WISCONSIN MEDICAL CREDIT UNION has about 1,306 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:WISCONSIN MEDICAL CREDIT UNION
Address:
(Main Office)
1677 S Webster Ave
GREEN BAY, WI 54301
Phone:(920) 432-4353
Fax:(920) 432-1301
Website:https://www.wismedcu.org/
Branches:1 branch locations
Members:1,306
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:66625
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1965
Last Audited:Jun 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$14,452,138
CEO/Manager:Mary A Groh
Chairperson:Kurt Minten

Call Report

  • Credit Builder
  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,347,776
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,425,848
 Unsecured Loans 551,086
 Other Loans 5,196,332
 TOTAL LOANS 10,173,266
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -48,892
 Land And Building 728,212
 Other Fixed Assets 25,764
 NCUSIF Deposit 128,782
 All Other Assets 0
  TOTAL ASSETS 14,452,138
LIABILITIES & CAPITAL:  
 Dividends Payable 49
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 39,776
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,663,334
 Regular shares 8,797,362
 All Other Shares & Deposits 2,417,967
  TOTAL SHARES & DEPOSITS 12,878,663
  TOTAL LIABILITIES 12,918,488
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,533,650
  TOTAL EQUITY 1,533,650
  TOTAL LIABILITIES, SHARES, & EQUITY 14,452,138
INCOME & EXPENSE  
 Loan Income 513,378
 Investment Income 89,796
 Other Income 56,199
 Total Employee Compensation & Benefits 241,221
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 330,579
 Non-operating Income & (Expense) -1,250
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 37,679
 Cost of Funds 71,325
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 72,363
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