Dec, 31, 2023 — SCHOOL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in SUPERIOR, WI with 0 branch location and about $2.54 million in total assets. Opened 88 years ago in 1936, SCHOOL EMPLOYEES CREDIT UNION has about 556 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SCHOOL EMPLOYEES CREDIT UNION |
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Address: (Main Office) | 3025 Tower Ave SUPERIOR, WI 54880-5369 |
Phone: | (715) 392-5650 |
Fax: | (715) 392-7194 |
Website: | https://secusuperior.com |
Branches: | 0 branch locations |
Members: | 556 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 66662 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,536,703 |
CEO/Manager: | Mike Matejka |
Chairperson: | Jodie Wright |
ASSETS: | $ Amount |
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Cash & Equivalents | 415,109 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 149,772 |
Other Loans | 1,948,962 |
TOTAL LOANS | 2,098,734 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -18,702 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 20,421 |
All Other Assets | 0 |
TOTAL ASSETS | 2,536,703 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 2,756 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 5,589 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,544,153 |
All Other Shares & Deposits | 633,088 |
TOTAL SHARES & DEPOSITS | 2,177,241 |
TOTAL LIABILITIES | 2,185,586 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 351,117 |
TOTAL EQUITY | 351,117 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,536,703 |
INCOME & EXPENSE | |
Loan Income | 102,803 |
Investment Income | 3,907 |
Other Income | 1,799 |
Total Employee Compensation & Benefits | 48,447 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 32,769 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,000 |
Cost of Funds | 18,051 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 6,242 |
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