Dec, 31, 2023 — BLACKHAWK COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in JANESVILLE, WI with 10 branch locations and about $814.06 million in total assets. Opened 59 years ago in 1965, BLACKHAWK COMMUNITY CREDIT UNION has about 44,887 members and employs 180 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BLACKHAWK COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 2640 W Court St JANESVILLE, WI 53548 |
| Phone: | (608) 755-6065 |
| Fax: | (608) 755-6119 |
| Website: | https://www.bhccu.org |
| Branches: | 10 branch locations |
| Members: | 44,887 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66998 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1965 |
| Last Audited: | Mar 01, 2023 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $814,064,230 |
| CEO/Manager: | Lisa Palma |
| Chairperson: | John Jenks |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 150,917,002 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 402,195,580 |
| Unsecured Loans | 21,871,763 |
| Other Loans | 110,337,008 |
| TOTAL LOANS | 534,527,951 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,264,325 |
| Land And Building | 13,291,966 |
| Other Fixed Assets | 2,475,000 |
| NCUSIF Deposit | 6,987,375 |
| All Other Assets | 125,032 |
| TOTAL ASSETS | 814,064,230 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 47,264 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 15,494,088 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 165,056,275 |
| Regular shares | 405,957,523 |
| All Other Shares & Deposits | 148,652,620 |
| TOTAL SHARES & DEPOSITS | 719,666,418 |
| TOTAL LIABILITIES | 735,207,770 |
| Regular Reserve | 0 |
| Other Reserves | -5,125,261 |
| Undivided Earnings | 83,981,721 |
| TOTAL EQUITY | 78,856,460 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 814,064,230 |
| INCOME & EXPENSE | |
| Loan Income | 26,158,600 |
| Investment Income | 7,312,410 |
| Other Income | 2,761,373 |
| Total Employee Compensation & Benefits | 16,322,864 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 9,220,781 |
| Non-operating Income & (Expense) | 3,410,129 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 598,224 |
| Cost of Funds | 5,267,724 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 13,238,237 |
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