Dec, 31, 2023 — STOPPENBACH CREDIT UNION is a federally insured state chartered credit union headquartered in JEFFERSON, WI with 1 branch location and about $2.01 million in total assets. Opened 87 years ago in 1937, STOPPENBACH CREDIT UNION has about 524 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | STOPPENBACH CREDIT UNION |
|---|---|
| Address: (Main Office) | 318 Wisconsin Dr JEFFERSON, WI 53549-1409 |
| Phone: | (920) 674-2325 |
| Fax: | (920) 674-2325 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 524 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66565 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,007,975 |
| CEO/Manager: | JOETTA L FURGASON |
| Chairperson: | KURTIS J KERNAN |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 333,822 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 128,805 |
| Other Loans | 1,535,747 |
| TOTAL LOANS | 1,664,552 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -22,008 |
| Land And Building | 0 |
| Other Fixed Assets | 315 |
| NCUSIF Deposit | 13,906 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,007,975 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 17,340 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,226 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 690,829 |
| All Other Shares & Deposits | 841,311 |
| TOTAL SHARES & DEPOSITS | 1,532,142 |
| TOTAL LIABILITIES | 1,551,708 |
| Regular Reserve | 0 |
| Other Reserves | 157,496 |
| Undivided Earnings | 298,771 |
| TOTAL EQUITY | 456,267 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,007,975 |
| INCOME & EXPENSE | |
| Loan Income | 106,471 |
| Investment Income | 3,218 |
| Other Income | 780 |
| Total Employee Compensation & Benefits | 40,211 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 30,707 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 29,734 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 10,296 |
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