Dec, 31, 2023 — LANDMARK CREDIT UNION is a federally insured state chartered credit union headquartered in BROOKFIELD, WI with 36 branch locations and about $6.36 billion in total assets. Opened 91 years ago in 1933, LANDMARK CREDIT UNION has about 389,778 members and employs 1,035 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | LANDMARK CREDIT UNION |
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Address: (Main Office) | 555 S Executive Dr BROOKFIELD, WI 53005-4220 |
Phone: | (262) 796-4500 |
Fax: | |
Website: | https://www.landmarkcu.com |
Branches: | 36 branch locations |
Members: | 389,778 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 66751 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1933 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $6,362,138,027 |
CEO/Manager: | Jay Magulski |
Chairperson: | Brian Dorow |
ASSETS: | $ Amount |
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Cash & Equivalents | 156,177,027 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 5,369,532 |
Real Estate Loans | 3,067,136,265 |
Unsecured Loans | 146,257,558 |
Other Loans | 2,141,086,084 |
TOTAL LOANS | 5,354,479,906 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -25,755,354 |
Land And Building | 122,023,150 |
Other Fixed Assets | 21,472,278 |
NCUSIF Deposit | 48,290,878 |
All Other Assets | 1,474,867 |
TOTAL ASSETS | 6,362,138,027 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 490,000,000 |
Accounts Payable & Other Liabilities | 99,563,686 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 931,580,515 |
Regular shares | 1,176,733,107 |
All Other Shares & Deposits | 3,042,557,184 |
TOTAL SHARES & DEPOSITS | 5,150,870,806 |
TOTAL LIABILITIES | 5,740,434,492 |
Regular Reserve | 0 |
Other Reserves | -46,985,226 |
Undivided Earnings | 668,688,761 |
TOTAL EQUITY | 621,703,535 |
TOTAL LIABILITIES, SHARES, & EQUITY | 6,362,138,027 |
INCOME & EXPENSE | |
Loan Income | 236,462,542 |
Investment Income | 60,953,222 |
Other Income | 23,816,290 |
Total Employee Compensation & Benefits | 96,809,485 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 83,044,410 |
Non-operating Income & (Expense) | -414,676 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 12,836,328 |
Cost of Funds | 136,461,203 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 27,288,334 |
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