Sep, 30, 2025 — WESTERN ILLINOIS SCHOOL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in QUINCY, IL with 1 branch location and about $22.56 million in total assets. Opened 90 years ago in 1936, WESTERN ILLINOIS SCHOOL EMPLOYEES CREDIT UNION has about 1,693 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WESTERN ILLINOIS SCHOOL EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 1416 MAINE ST QUINCY, IL 62301 |
| Phone: | (217) 224-2091 |
| Fax: | (217) 224-2092 |
| Website: | https://wisecu.com |
| Branches: | 1 branch locations |
| Members: | 1,693 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 65426 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $22,560,148 |
| CEO/Manager: | Thomas Reynolds |
| Chairperson: | Gina Whelan |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,467,366 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 2,252,683 |
| Other Loans | 14,716,120 |
| TOTAL LOANS | 16,968,803 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -103,182 |
| Land And Building | 0 |
| Other Fixed Assets | 126,534 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 181,798 |
| All Other Assets | 0 |
| TOTAL ASSETS | 22,560,148 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 231,120 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 18,548,191 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 18,548,191 |
| TOTAL LIABILITIES | 18,779,311 |
| Regular Reserve | 0 |
| Other Reserves | 3,709,894 |
| Undivided Earnings | 70,943 |
| TOTAL EQUITY | 3,780,837 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 22,560,148 |
| INCOME & EXPENSE | |
| Loan Income | 607,858 |
| Investment Income | 128,179 |
| Other Income | 3,711 |
| Total Employee Compensation & Benefits | 158,334 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 131,971 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,145 |
| Cost of Funds | 378,782 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 70,943 |
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