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SUPERIOR MUNICIPAL EMPLOYEES CREDIT UNION

Sep, 30, 2025 — SUPERIOR MUNICIPAL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in SUPERIOR, WI with 1 branch location and about $3.10 million in total assets. Opened 38 years ago in 1988, SUPERIOR MUNICIPAL EMPLOYEES CREDIT UNION has about 527 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SUPERIOR MUNICIPAL EMPLOYEES CREDIT UNION
Address:
(Main Office)
1316 N 14th St
SUPERIOR, WI 54880
Phone:(715) 392-4466
Fax:(715) 392-4466
Website:n/a
Branches:1 branch locations
Members:527
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67237
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1988
Last Audited:Jun 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$3,101,956
CEO/Manager:Michael P Conway
Chairperson:Dennis Dalbec

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 364,192
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 131,035
 Other Loans 2,285,727
 TOTAL LOANS 2,416,762
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,320
 Land And Building 0
 Other Fixed Assets 2,675
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 25,457
 All Other Assets 0
  TOTAL ASSETS 3,101,956
LIABILITIES & CAPITAL:  
 Dividends Payable 6,573
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 98,355
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,212,525
 All Other Shares & Deposits 1,282,259
  TOTAL SHARES & DEPOSITS 2,494,784
  TOTAL LIABILITIES 2,599,712
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 502,244
  TOTAL EQUITY 502,244
  TOTAL LIABILITIES, SHARES, & EQUITY 3,101,956
INCOME & EXPENSE  
 Loan Income 126,118
 Investment Income 7,108
 Other Income 0
 Total Employee Compensation & Benefits 70,632
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 22,917
 Non-operating Income & (Expense) 3,918
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 419
 Cost of Funds 40,784
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,392
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