Dec, 31, 2023 — EVERGREEN CREDIT UNION is a federally insured state chartered credit union headquartered in NEENAH, WI with 2 branch locations and about $57.91 million in total assets. Opened 66 years ago in 1958, EVERGREEN CREDIT UNION has about 3,407 members and employs 16 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | EVERGREEN CREDIT UNION |
|---|---|
| Address: (Main Office) | 1500 W American Dr NEENAH, WI 54956 |
| Phone: | (920) 729-2999 |
| Fax: | (920) 729-2990 |
| Website: | https://www.evergreencu.com |
| Branches: | 2 branch locations |
| Members: | 3,407 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66395 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $57,912,466 |
| CEO/Manager: | Kathleen Jankowski |
| Chairperson: | Lyle Mader |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,673,228 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 27,651,010 |
| Unsecured Loans | 1,254,825 |
| Other Loans | 12,071,748 |
| TOTAL LOANS | 40,977,585 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -91,957 |
| Land And Building | 2,857,307 |
| Other Fixed Assets | 104,088 |
| NCUSIF Deposit | 488,782 |
| All Other Assets | 0 |
| TOTAL ASSETS | 57,912,466 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 13 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 362,339 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,968,576 |
| Regular shares | 20,166,270 |
| All Other Shares & Deposits | 20,209,584 |
| TOTAL SHARES & DEPOSITS | 50,344,431 |
| TOTAL LIABILITIES | 50,706,783 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 7,205,683 |
| TOTAL EQUITY | 7,205,683 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 57,912,466 |
| INCOME & EXPENSE | |
| Loan Income | 1,929,878 |
| Investment Income | 352,547 |
| Other Income | 265,516 |
| Total Employee Compensation & Benefits | 1,090,131 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 798,449 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 70,141 |
| Cost of Funds | 436,582 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 441,796 |
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