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WISCONSIN LATVIAN, INC. CREDIT UNION

Mar, 31, 2021 — WISCONSIN LATVIAN, INC. CREDIT UNION is a federally insured state chartered credit union headquartered in MILWAUKEE, WI with 1 branch location and about $3.16 million in total assets. Opened 60 years ago in 1961, WISCONSIN LATVIAN, INC. CREDIT UNION has about 398 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:WISCONSIN LATVIAN, INC. CREDIT UNION
Address:
(Main Office)
PO BOX 510167
MILWAUKEE, WI 53203
Phone:(414) 332-1744
Fax:(414) 332-0556
Website:http://www.wislat.com
Branches:1 branch locations
Members:398
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:66686
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1961
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$3,160,806
CEO/Manager:Sandra Mednis
Chairperson:John Staks

Call Report

  • Real Estate Loans

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 550,270
TOTAL INVESTMENTS 887,404
Loans Held for Sale 0
 
 Real Estate Loans 1,366,305
 Unsecured Loans 41,011
 Other Loans 313,729
 TOTAL LOANS 1,721,045
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -27,480
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 28,397
 All Other Assets 1,170
  TOTAL ASSETS 3,160,806
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 9,109
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,439,919
 All Other Shares & Deposits 1,405,585
  TOTAL SHARES & DEPOSITS 2,845,504
  TOTAL LIABILITIES 2,854,613
 Regular Reserve 80,000
 Other Reserves 51,000
 Undivided Earnings 175,193
  TOTAL EQUITY 306,193
  TOTAL LIABILITIES, SHARES, & EQUITY 3,160,806
INCOME & EXPENSE  
 Loan Income 21,023
 Investment Income 1,651
 Other Income 1,300
 Total Employee Compensation & Benefits 4,262
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 7,548
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 4,849
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 7,315
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