SHIPBUILDERS CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.shipbuilderscu.com for more information.
Sep, 30, 2025 — SHIPBUILDERS CREDIT UNION is a federally insured state chartered credit union headquartered in MANITOWOC, WI with 3 branch locations and about $119.13 million in total assets. Opened 88 years ago in 1938, SHIPBUILDERS CREDIT UNION has about 10,601 members and employs 35 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SHIPBUILDERS CREDIT UNION |
|---|---|
| Address: (Main Office) | 2001 WASHINGTON ST MANITOWOC, WI 54220 |
| Phone: | (920) 682-8500 |
| Fax: | (920) 684-1268 |
| Website: | https://www.shipbuilderscu.com |
| Branches: | 3 branch locations |
| Members: | 10,601 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66444 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Jul 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $119,128,787 |
| CEO/Manager: | GLEN L STITELEY |
| Chairperson: | D. TYLER FELLOWS |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,571,851 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 46,630,037 |
| Unsecured Loans | 1,039,454 |
| Other Loans | 37,477,625 |
| TOTAL LOANS | 85,147,116 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -87,945 |
| Land And Building | 2,307,627 |
| Other Fixed Assets | 75,312 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 940,205 |
| All Other Assets | 0 |
| TOTAL ASSETS | 119,128,787 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 371,290 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 24,493,278 |
| Regular shares | 50,221,599 |
| All Other Shares & Deposits | 29,115,308 |
| TOTAL SHARES & DEPOSITS | 103,830,185 |
| TOTAL LIABILITIES | 104,201,475 |
| Regular Reserve | 0 |
| Other Reserves | -673,252 |
| Undivided Earnings | 15,600,564 |
| TOTAL EQUITY | 14,927,312 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 119,128,787 |
| INCOME & EXPENSE | |
| Loan Income | 2,207,093 |
| Investment Income | 227,577 |
| Other Income | 250,085 |
| Total Employee Compensation & Benefits | 1,832,109 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,396,742 |
| Non-operating Income & (Expense) | 30 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -83,128 |
| Cost of Funds | 118,980 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 186,267 |
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