CONE CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://conecu.org for more information.
Dec, 31, 2023 — CONE CREDIT UNION is a federally insured state chartered credit union headquartered in NEENAH, WI with 1 branch location and about $30.47 million in total assets. Opened 65 years ago in 1959, CONE CREDIT UNION has about 1,412 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CONE CREDIT UNION |
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Address: (Main Office) | 219 W CECIL ST NEENAH, WI 54956 |
Phone: | (920) 886-6455 |
Fax: | (920) 886-6456 |
Website: | https://conecu.org |
Branches: | 1 branch locations |
Members: | 1,412 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 66426 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1959 |
Last Audited: | Apr 01, 2019 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $30,466,230 |
CEO/Manager: | Michael L Mehlberg |
Chairperson: | Paul Hauffe |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,770,827 |
TOTAL INVESTMENTS | 6,543,503 |
Loans Held for Sale | 0 |
Real Estate Loans | 15,755,318 |
Unsecured Loans | 123,933 |
Other Loans | 3,523,464 |
TOTAL LOANS | 19,570,310 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -47,500 |
Land And Building | 216,071 |
Other Fixed Assets | 14,271 |
NCUSIF Deposit | 255,049 |
All Other Assets | 143,699 |
TOTAL ASSETS | 30,466,230 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 6,856 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 14,254 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,764,277 |
Regular shares | 13,524,309 |
All Other Shares & Deposits | 9,916,254 |
TOTAL SHARES & DEPOSITS | 27,204,840 |
TOTAL LIABILITIES | 27,225,950 |
Regular Reserve | 500,000 |
Other Reserves | 0 |
Undivided Earnings | 2,740,280 |
TOTAL EQUITY | 3,240,280 |
TOTAL LIABILITIES, SHARES, & EQUITY | 30,466,230 |
INCOME & EXPENSE | |
Loan Income | 326,095 |
Investment Income | 43,140 |
Other Income | 32,481 |
Total Employee Compensation & Benefits | 206,397 |
NCUSIF Premiums Expense | 1,171 |
Total Other Operating Expenses | 165,656 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 743 |
Cost of Funds | 47,243 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -19,494 |
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