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 |
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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 |
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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 |
ASSETS: | $ Amount |
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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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