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AIR TECH CREDIT UNION

Mar, 31, 2021 — AIR TECH CREDIT UNION is a federally insured state chartered credit union headquartered in MILWAUKEE, WI with 1 branch location and about $3.32 million in total assets. Opened 65 years ago in 1956, AIR TECH CREDIT UNION has about 803 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:AIR TECH CREDIT UNION
Address:
(Main Office)
1919 E.GRANGE AVE
MILWAUKEE, WI 53207-6104
Phone:(414) 744-1325
Fax:(414) 744-2011
Website:n/a
Branches:1 branch locations
Members:803
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:66546
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1956
Last Audited:Sep 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$3,320,919
CEO/Manager:Kandace K Lessard
Chairperson:Thomas Hoppe

Call Report

  • Real Estate Loans
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 441,706
TOTAL INVESTMENTS 1,817,576
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 167,214
 Other Loans 860,526
 TOTAL LOANS 1,027,740
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -8,702
 Land And Building 0
 Other Fixed Assets 7,619
 NCUSIF Deposit 27,090
 All Other Assets 7,890
  TOTAL ASSETS 3,320,919
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 6,971
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,421,219
 All Other Shares & Deposits 265,862
  TOTAL SHARES & DEPOSITS 2,687,081
  TOTAL LIABILITIES 2,694,052
 Regular Reserve 322,128
 Other Reserves 0
 Undivided Earnings 304,739
  TOTAL EQUITY 626,867
  TOTAL LIABILITIES, SHARES, & EQUITY 3,320,919
INCOME & EXPENSE  
 Loan Income 15,926
 Investment Income 5,867
 Other Income 30
 Total Employee Compensation & Benefits 11,348
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 10,416
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -1,750
 Cost of Funds 590
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,219
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