Dec, 31, 2023 — WOOD COUNTY EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in WISCONSIN RAPIDS, WI with 1 branch location and about $1.01 million in total assets. Opened 69 years ago in 1955, WOOD COUNTY EMPLOYEES CREDIT UNION has about 217 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WOOD COUNTY EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 400 MARKET ST WISCONSIN RAPIDS, WI 54494-4868 |
| Phone: | (715) 421-2313 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 217 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66547 |
|---|---|
| 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: | $1,012,652 |
| CEO/Manager: | KAREN J KUBISIAK |
| Chairperson: | SUSAN MCCARTHY |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 83,560 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 81,504 |
| Other Loans | 841,587 |
| TOTAL LOANS | 923,091 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,805 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 9,591 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,012,652 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,042 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 828,651 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 828,651 |
| TOTAL LIABILITIES | 829,693 |
| Regular Reserve | 0 |
| Other Reserves | 77,136 |
| Undivided Earnings | 105,823 |
| TOTAL EQUITY | 182,959 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,012,652 |
| INCOME & EXPENSE | |
| Loan Income | 45,130 |
| Investment Income | 113 |
| Other Income | 260 |
| Total Employee Compensation & Benefits | 32,725 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 12,218 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 450 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 110 |
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