Dec, 31, 2023 — BREWERY CREDIT UNION is a federally insured state chartered credit union headquartered in MILWAUKEE, WI with 2 branch locations and about $63.21 million in total assets. Opened 90 years ago in 1934, BREWERY CREDIT UNION has about 8,540 members and employs 26 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BREWERY CREDIT UNION |
|---|---|
| Address: (Main Office) | 1351 N DR MARTIN LUTHER KING JR DR MILWAUKEE, WI 53212-4024 |
| Phone: | (414) 273-3170 |
| Fax: | (414) 273-3487 |
| Website: | https://www.brewerycu.com |
| Branches: | 2 branch locations |
| Members: | 8,540 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66637 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1934 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $63,207,864 |
| CEO/Manager: | KRISTIN BROJANAC |
| Chairperson: | MARIE BRITT-SHARPE |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,647,336 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 24,390,966 |
| Unsecured Loans | 4,580,306 |
| Other Loans | 17,292,941 |
| TOTAL LOANS | 46,264,213 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -837,427 |
| Land And Building | 1,798,205 |
| Other Fixed Assets | 207,134 |
| NCUSIF Deposit | 466,876 |
| All Other Assets | 23,800 |
| TOTAL ASSETS | 63,207,864 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 27,678 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 719,485 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,770,247 |
| Regular shares | 16,034,553 |
| All Other Shares & Deposits | 25,527,579 |
| TOTAL SHARES & DEPOSITS | 49,332,379 |
| TOTAL LIABILITIES | 50,086,759 |
| Regular Reserve | 0 |
| Other Reserves | 1,803,991 |
| Undivided Earnings | 11,317,114 |
| TOTAL EQUITY | 13,121,105 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 63,207,864 |
| INCOME & EXPENSE | |
| Loan Income | 3,159,462 |
| Investment Income | 578,925 |
| Other Income | 1,112,011 |
| Total Employee Compensation & Benefits | 1,475,220 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,999,595 |
| Non-operating Income & (Expense) | 24,420 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 650,624 |
| Cost of Funds | 486,381 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 791,105 |
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