CONE CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://conecu.org for more information.
Dec, 31, 2023 — CONE CREDIT UNION is a federally insured state chartered credit union headquartered in NEENAH, WI with 1 branch location and about $30.47 million in total assets. Opened 65 years ago in 1959, CONE CREDIT UNION has about 1,412 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CONE CREDIT UNION |
|---|---|
| Address: (Main Office) | 219 W CECIL ST NEENAH, WI 54956 |
| Phone: | (920) 886-6455 |
| Fax: | (920) 886-6456 |
| Website: | https://conecu.org |
| Branches: | 1 branch locations |
| Members: | 1,412 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66426 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Apr 01, 2019 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $30,466,230 |
| CEO/Manager: | Michael L Mehlberg |
| Chairperson: | Paul Hauffe |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,770,827 |
| TOTAL INVESTMENTS | 6,543,503 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 15,755,318 |
| Unsecured Loans | 123,933 |
| Other Loans | 3,523,464 |
| TOTAL LOANS | 19,570,310 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -47,500 |
| Land And Building | 216,071 |
| Other Fixed Assets | 14,271 |
| NCUSIF Deposit | 255,049 |
| All Other Assets | 143,699 |
| TOTAL ASSETS | 30,466,230 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 6,856 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 14,254 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,764,277 |
| Regular shares | 13,524,309 |
| All Other Shares & Deposits | 9,916,254 |
| TOTAL SHARES & DEPOSITS | 27,204,840 |
| TOTAL LIABILITIES | 27,225,950 |
| Regular Reserve | 500,000 |
| Other Reserves | 0 |
| Undivided Earnings | 2,740,280 |
| TOTAL EQUITY | 3,240,280 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 30,466,230 |
| INCOME & EXPENSE | |
| Loan Income | 326,095 |
| Investment Income | 43,140 |
| Other Income | 32,481 |
| Total Employee Compensation & Benefits | 206,397 |
| NCUSIF Premiums Expense | 1,171 |
| Total Other Operating Expenses | 165,656 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 743 |
| Cost of Funds | 47,243 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -19,494 |
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