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National Credit Union Service Organization

GOVERNMENTAL EMPLOYEES CREDIT UNION

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.


ABA Routing Number: 291881083
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

Call Report

  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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
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