Dec, 31, 2023 — AIR TECH CREDIT UNION is a federally insured state chartered credit union headquartered in MILWAUKEE, WI with 1 branch location and about $3.08 million in total assets. Opened 68 years ago in 1956, AIR TECH CREDIT UNION has about 729 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: | 729 |
| 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: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,081,944 |
| CEO/Manager: | Kandace K Lessard |
| Chairperson: | William Rebholz |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 79,716 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 210,745 |
| Other Loans | 1,446,050 |
| TOTAL LOANS | 1,656,795 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,290 |
| Land And Building | 0 |
| Other Fixed Assets | 11,772 |
| NCUSIF Deposit | 23,981 |
| All Other Assets | 0 |
| TOTAL ASSETS | 3,081,944 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 210,652 |
| Accounts Payable & Other Liabilities | 2,311 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,131,753 |
| All Other Shares & Deposits | 162,045 |
| TOTAL SHARES & DEPOSITS | 2,293,798 |
| TOTAL LIABILITIES | 2,506,761 |
| Regular Reserve | 0 |
| Other Reserves | 322,128 |
| Undivided Earnings | 253,055 |
| TOTAL EQUITY | 575,183 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,081,944 |
| INCOME & EXPENSE | |
| Loan Income | 73,087 |
| Investment Income | 15,768 |
| Other Income | 2,079 |
| Total Employee Compensation & Benefits | 43,629 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 49,070 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,968 |
| Cost of Funds | 6,677 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -16,410 |
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