Sep, 30, 2025 — MADISON FIRE DEPARTMENT CREDIT UNION is a federally insured state chartered credit union headquartered in MADISON, WI with 1 branch location and about $5.46 million in total assets. Opened 95 years ago in 1931, MADISON FIRE DEPARTMENT CREDIT UNION has about 850 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MADISON FIRE DEPARTMENT CREDIT UNION |
|---|---|
| Address: (Main Office) | 1437 Monroe St MADISON, WI 53711-2018 |
| Phone: | (608) 266-4952 |
| Fax: | (608) 258-1377 |
| Website: | https://www.mfdcu.org |
| Branches: | 1 branch locations |
| Members: | 850 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66499 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1931 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,461,939 |
| CEO/Manager: | Stephen K Krieger |
| Chairperson: | Lawrence Grab |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 865,970 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 294,394 |
| Other Loans | 3,693,269 |
| TOTAL LOANS | 3,987,663 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,299 |
| Land And Building | 0 |
| Other Fixed Assets | 227 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 41,152 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,461,939 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 4,415 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 7,292 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,974,767 |
| All Other Shares & Deposits | 2,438,273 |
| TOTAL SHARES & DEPOSITS | 4,413,040 |
| TOTAL LIABILITIES | 4,424,747 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,037,192 |
| TOTAL EQUITY | 1,037,192 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,461,939 |
| INCOME & EXPENSE | |
| Loan Income | 174,142 |
| Investment Income | 29,999 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 49,612 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 35,545 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2 |
| Cost of Funds | 80,509 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 38,903 |
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