Sep, 30, 2025 — TOMAH AREA CREDIT UNION is a federally insured state chartered credit union headquartered in TOMAH, WI with 2 branch locations and about $116.12 million in total assets. Opened 87 years ago in 1939, TOMAH AREA CREDIT UNION has about 6,720 members and employs 23 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TOMAH AREA CREDIT UNION |
|---|---|
| Address: (Main Office) | 940 N Superior Ave TOMAH, WI 54660 |
| Phone: | (608) 372-4736 |
| Fax: | (608) 372-4394 |
| Website: | https://www.tacuonline.com |
| Branches: | 2 branch locations |
| Members: | 6,720 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66615 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1939 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $116,115,238 |
| CEO/Manager: | Todd Scholz |
| Chairperson: | Paul Wiese |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 18,442,781 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 46,601,610 |
| Unsecured Loans | 1,095,281 |
| Other Loans | 12,368,558 |
| TOTAL LOANS | 60,111,403 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -311,674 |
| Land And Building | 882,895 |
| Other Fixed Assets | 144,562 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 909,713 |
| All Other Assets | 0 |
| TOTAL ASSETS | 116,115,238 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 728 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,164,223 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 22,786,891 |
| Regular shares | 28,709,448 |
| All Other Shares & Deposits | 49,194,763 |
| TOTAL SHARES & DEPOSITS | 100,691,102 |
| TOTAL LIABILITIES | 101,856,053 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 14,259,185 |
| TOTAL EQUITY | 14,259,185 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 116,115,238 |
| INCOME & EXPENSE | |
| Loan Income | 2,378,263 |
| Investment Income | 1,693,670 |
| Other Income | 488,240 |
| Total Employee Compensation & Benefits | 1,080,554 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 888,893 |
| Non-operating Income & (Expense) | 1,642 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -9,401 |
| Cost of Funds | 1,163,739 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,506,553 |
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