Sep, 30, 2025 — INDIANHEAD CREDIT UNION is a federally insured state chartered credit union headquartered in SPOONER, WI with 3 branch locations and about $96.18 million in total assets. Opened 65 years ago in 1961, INDIANHEAD CREDIT UNION has about 7,240 members and employs 20 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | INDIANHEAD CREDIT UNION |
|---|---|
| Address: (Main Office) | 104 E MAPLE ST SPOONER, WI 54801-1482 |
| Phone: | (715) 635-8273 |
| Fax: | (715) 635-6913 |
| Website: | https://www.indianheadcu.org |
| Branches: | 3 branch locations |
| Members: | 7,240 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66434 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | May 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $96,178,980 |
| CEO/Manager: | DALE GOTTSCHALK |
| Chairperson: | MICHAEL OSTRENGA |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 11,579,880 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 28,589,371 |
| Unsecured Loans | 287,186 |
| Other Loans | 33,338,498 |
| TOTAL LOANS | 63,486,665 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -275,290 |
| Land And Building | 3,114,436 |
| Other Fixed Assets | 542,824 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 746,806 |
| All Other Assets | 100 |
| TOTAL ASSETS | 96,178,980 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 31,515 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,612,605 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 18,881,800 |
| Regular shares | 47,359,457 |
| All Other Shares & Deposits | 13,728,833 |
| TOTAL SHARES & DEPOSITS | 79,970,090 |
| TOTAL LIABILITIES | 82,615,435 |
| Regular Reserve | 0 |
| Other Reserves | 594,371 |
| Undivided Earnings | 12,969,174 |
| TOTAL EQUITY | 13,563,545 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 96,178,980 |
| INCOME & EXPENSE | |
| Loan Income | 2,814,057 |
| Investment Income | 673,362 |
| Other Income | 445,899 |
| Total Employee Compensation & Benefits | 1,024,954 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,241,293 |
| Non-operating Income & (Expense) | 75,835 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 81,649 |
| Cost of Funds | 334,310 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,378,291 |
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