Sep, 30, 2025 — MADISON CREDIT UNION is a federally insured state chartered credit union headquartered in MADISON, WI with 1 branch location and about $61.68 million in total assets. Opened 90 years ago in 1936, MADISON CREDIT UNION has about 3,113 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MADISON CREDIT UNION |
|---|---|
| Address: (Main Office) | 949 E Washington Ave MADISON, WI 53703 |
| Phone: | (608) 266-4750 |
| Fax: | (608) 266-4510 |
| Website: | https://www.madisoncu.com |
| Branches: | 1 branch locations |
| Members: | 3,113 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66431 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $61,681,386 |
| CEO/Manager: | Ilene Fritschler |
| Chairperson: | Robin Piper |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,694,675 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 8,938,375 |
| Unsecured Loans | 749,494 |
| Other Loans | 16,756,177 |
| TOTAL LOANS | 26,560,833 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -229,263 |
| Land And Building | 93,177 |
| Other Fixed Assets | 46,524 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 508,898 |
| All Other Assets | 0 |
| TOTAL ASSETS | 61,681,386 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 710 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 680,194 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 12,722,063 |
| Regular shares | 26,489,052 |
| All Other Shares & Deposits | 15,181,562 |
| TOTAL SHARES & DEPOSITS | 54,392,677 |
| TOTAL LIABILITIES | 55,073,581 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 6,607,805 |
| TOTAL EQUITY | 6,607,805 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 61,681,386 |
| INCOME & EXPENSE | |
| Loan Income | 1,255,105 |
| Investment Income | 614,854 |
| Other Income | 128,828 |
| Total Employee Compensation & Benefits | 611,715 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 709,492 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 82,665 |
| Cost of Funds | 191,398 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 441,317 |
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