Sep, 30, 2025 — N.E.W. CREDIT UNION is a federally insured state chartered credit union headquartered in OCONTO FALLS, WI with 7 branch locations and about $158.26 million in total assets. Opened 64 years ago in 1962, N.E.W. CREDIT UNION has about 12,187 members and employs 46 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | N.E.W. CREDIT UNION |
|---|---|
| Address: (Main Office) | 301 Jackson St OCONTO FALLS, WI 54154-1120 |
| Phone: | (920) 848-2793 |
| Fax: | (920) 848-4295 |
| Website: | https://www.newcu.org |
| Branches: | 7 branch locations |
| Members: | 12,187 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67017 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1962 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $158,262,300 |
| CEO/Manager: | Lisa A Gilligan |
| Chairperson: | William Kamke |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,855,560 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 58,429,086 |
| Unsecured Loans | 2,543,086 |
| Other Loans | 38,290,997 |
| TOTAL LOANS | 99,263,169 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -194,071 |
| Land And Building | 929,989 |
| Other Fixed Assets | 380,309 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,281,125 |
| All Other Assets | 11,450 |
| TOTAL ASSETS | 158,262,300 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 288,947 |
| Notes & Interest Payable | 168,800 |
| Accounts Payable & Other Liabilities | 1,809,336 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 31,255,514 |
| Regular shares | 73,010,051 |
| All Other Shares & Deposits | 33,756,366 |
| TOTAL SHARES & DEPOSITS | 138,021,931 |
| TOTAL LIABILITIES | 140,289,014 |
| Regular Reserve | 0 |
| Other Reserves | 1,697,119 |
| Undivided Earnings | 16,276,167 |
| TOTAL EQUITY | 17,973,286 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 158,262,300 |
| INCOME & EXPENSE | |
| Loan Income | 3,377,204 |
| Investment Income | 1,669,527 |
| Other Income | 392,963 |
| Total Employee Compensation & Benefits | 1,824,416 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,273,903 |
| Non-operating Income & (Expense) | -1,754 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 71,116 |
| Cost of Funds | 536,510 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,301,862 |
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