EMPOWER CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://empower-cu.org for more information.
Sep, 30, 2025 — EMPOWER CREDIT UNION is a federally insured state chartered credit union headquartered in WEST ALLIS, WI with 3 branch locations and about $99.84 million in total assets. Opened 29 years ago in 1997, EMPOWER CREDIT UNION has about 5,082 members and employs 21 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | EMPOWER CREDIT UNION |
|---|---|
| Address: (Main Office) | 10635 W GREENFIELD AVE WEST ALLIS, WI 53214 |
| Phone: | (414) 988-6600 |
| Fax: | (414) 988-6699 |
| Website: | https://empower-cu.org |
| Branches: | 3 branch locations |
| Members: | 5,082 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68317 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1997 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $99,835,721 |
| CEO/Manager: | Michael J Brandt |
| Chairperson: | Jared J Peccarelli |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,976,013 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 48,999,970 |
| Unsecured Loans | 822,343 |
| Other Loans | 19,378,119 |
| TOTAL LOANS | 69,200,432 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -325,897 |
| Land And Building | 3,590,612 |
| Other Fixed Assets | 87,147 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 758,622 |
| All Other Assets | 0 |
| TOTAL ASSETS | 99,835,721 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,475 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,825,484 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 11,127,775 |
| Regular shares | 32,292,709 |
| All Other Shares & Deposits | 36,573,441 |
| TOTAL SHARES & DEPOSITS | 79,993,925 |
| TOTAL LIABILITIES | 81,820,884 |
| Regular Reserve | 0 |
| Other Reserves | -120,041 |
| Undivided Earnings | 18,134,878 |
| TOTAL EQUITY | 18,014,837 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 99,835,721 |
| INCOME & EXPENSE | |
| Loan Income | 1,582,088 |
| Investment Income | 176,871 |
| Other Income | 235,581 |
| Total Employee Compensation & Benefits | 1,037,933 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,272,966 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 224,420 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -169,253 |
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