Sep, 30, 2025 — FIRST COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in BELOIT, WI with 9 branch locations and about $396.96 million in total assets. Opened 93 years ago in 1933, FIRST COMMUNITY CREDIT UNION has about 31,373 members and employs 114 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FIRST COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 1702 Park Ave BELOIT, WI 53511 |
| Phone: | (608) 362-9077 |
| Fax: | (608) 362-0434 |
| Website: | https://www.firstccu.com |
| Branches: | 9 branch locations |
| Members: | 31,373 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67214 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1933 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $396,964,333 |
| CEO/Manager: | Jack K Gill |
| Chairperson: | Wayne Udulutch |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 30,693,987 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 562,849 |
| Real Estate Loans | 81,101,684 |
| Unsecured Loans | 3,890,410 |
| Other Loans | 270,966,700 |
| TOTAL LOANS | 355,958,794 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,051,364 |
| Land And Building | 3,507,906 |
| Other Fixed Assets | 410,048 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,756,789 |
| All Other Assets | 238,509 |
| TOTAL ASSETS | 396,964,333 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 18,000,000 |
| Accounts Payable & Other Liabilities | 678,115 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 76,410,144 |
| Regular shares | 52,846,281 |
| All Other Shares & Deposits | 208,459,906 |
| TOTAL SHARES & DEPOSITS | 337,716,331 |
| TOTAL LIABILITIES | 356,525,610 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 40,438,723 |
| TOTAL EQUITY | 40,438,723 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 396,964,333 |
| INCOME & EXPENSE | |
| Loan Income | 16,282,524 |
| Investment Income | 1,180,598 |
| Other Income | 1,684,668 |
| Total Employee Compensation & Benefits | 5,382,747 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,758,583 |
| Non-operating Income & (Expense) | -325,656 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,687,000 |
| Cost of Funds | 7,573,079 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,555,668 |
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