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GUNDERSEN CREDIT UNION

Sep, 30, 2025 — GUNDERSEN CREDIT UNION is a federally insured state chartered credit union headquartered in LA CROSSE, WI with 1 branch location and about $61.58 million in total assets. Opened 55 years ago in 1971, GUNDERSEN CREDIT UNION has about 3,632 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:GUNDERSEN CREDIT UNION
Address:
(Main Office)
1910 South Ave
LA CROSSE, WI 54601
Phone:(608) 775-4715
Fax:(608) 775-3132
Website:https://www.gundersencu.org
Branches:1 branch locations
Members:3,632
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:66477
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1971
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$61,579,833
CEO/Manager:Jeremy A Yardley
Chairperson:Jon E Bingol

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,920,886
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 28,601,407
 Unsecured Loans 2,667,045
 Other Loans 17,519,036
 TOTAL LOANS 49,178,137
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -112,057
 Land And Building 11,406
 Other Fixed Assets 215,825
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 510,975
 All Other Assets 0
  TOTAL ASSETS 61,579,833
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 585,278
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 8,638,462
 Regular shares 13,548,059
 All Other Shares & Deposits 30,949,972
  TOTAL SHARES & DEPOSITS 53,136,493
  TOTAL LIABILITIES 53,723,986
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 7,855,847
  TOTAL EQUITY 7,855,847
  TOTAL LIABILITIES, SHARES, & EQUITY 61,579,833
INCOME & EXPENSE  
 Loan Income 1,727,097
 Investment Income 311,151
 Other Income 97,053
 Total Employee Compensation & Benefits 571,570
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 614,128
 Non-operating Income & (Expense) 437
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 28,937
 Cost of Funds 638,504
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 472,920
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