Dec, 31, 2023 — GOVERNMENTAL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in LA CROSSE, WI with 1 branch location and about $106.82 million in total assets. Opened 93 years ago in 1931, GOVERNMENTAL EMPLOYEES CREDIT UNION has about 6,685 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: | GOVERNMENTAL EMPLOYEES CREDIT UNION |
---|---|
Address: (Main Office) | 225 La Crosse St LA CROSSE, WI 54601-3253 |
Phone: | (608) 785-7720 |
Fax: | |
Website: | https://www.gecuwi.com |
Branches: | 1 branch locations |
Members: | 6,685 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 66529 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1931 |
Last Audited: | Sep 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $106,819,191 |
CEO/Manager: | Travis D Carley |
Chairperson: | Wayne Delagrave |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 8,807,376 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 47,612,306 |
Unsecured Loans | 3,758,134 |
Other Loans | 37,778,905 |
TOTAL LOANS | 91,309,672 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -281,257 |
Land And Building | 621,740 |
Other Fixed Assets | 10,973 |
NCUSIF Deposit | 867,325 |
All Other Assets | 9,500 |
TOTAL ASSETS | 106,819,191 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 13 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 807,265 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 13,621,253 |
Regular shares | 25,462,035 |
All Other Shares & Deposits | 57,232,602 |
TOTAL SHARES & DEPOSITS | 96,315,890 |
TOTAL LIABILITIES | 97,123,168 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 9,696,023 |
TOTAL EQUITY | 9,696,023 |
TOTAL LIABILITIES, SHARES, & EQUITY | 106,819,191 |
INCOME & EXPENSE | |
Loan Income | 3,797,800 |
Investment Income | 204,953 |
Other Income | 130,910 |
Total Employee Compensation & Benefits | 1,217,771 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,243,572 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 60,375 |
Cost of Funds | 1,440,221 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 416,246 |
↑ Back to Top |