Dec, 31, 2023 — SERVICE CREDIT UNION is a federally insured state chartered credit union headquartered in GREEN BAY, WI with 1 branch location and about $13.70 million in total assets. Opened 90 years ago in 1934, SERVICE CREDIT UNION has about 1,024 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SERVICE CREDIT UNION |
|---|---|
| Address: (Main Office) | 2850 S Ashland Ave GREEN BAY, WI 54304-5304 |
| Phone: | (920) 433-1784 |
| Fax: | (920) 433-1768 |
| Website: | https://www.service-cu.com |
| Branches: | 1 branch locations |
| Members: | 1,024 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66530 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1934 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $13,704,905 |
| CEO/Manager: | Nicole R Fawcett |
| Chairperson: | Kristy L Kaye |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 802,089 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,565,985 |
| Unsecured Loans | 78,627 |
| Other Loans | 5,613,473 |
| TOTAL LOANS | 10,258,085 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -17,383 |
| Land And Building | 0 |
| Other Fixed Assets | 51,966 |
| NCUSIF Deposit | 116,272 |
| All Other Assets | 0 |
| TOTAL ASSETS | 13,704,905 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 51,020 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 34,448 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 538,459 |
| Regular shares | 6,848,275 |
| All Other Shares & Deposits | 3,491,145 |
| TOTAL SHARES & DEPOSITS | 10,877,879 |
| TOTAL LIABILITIES | 10,963,347 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,741,558 |
| TOTAL EQUITY | 2,741,558 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 13,704,905 |
| INCOME & EXPENSE | |
| Loan Income | 379,656 |
| Investment Income | 87,375 |
| Other Income | 4,508 |
| Total Employee Compensation & Benefits | 176,050 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 199,877 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,273 |
| Cost of Funds | 103,119 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 4,914 |
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