Dec, 31, 2023 — VALLEY COMMUNITIES CREDIT UNION is a federally insured state chartered credit union headquartered in MOSINEE, WI with 6 branch locations and about $239.22 million in total assets. Opened 89 years ago in 1935, VALLEY COMMUNITIES CREDIT UNION has about 15,338 members and employs 57 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | VALLEY COMMUNITIES CREDIT UNION |
|---|---|
| Address: (Main Office) | 975 Indianhead Dr MOSINEE, WI 54455-9603 |
| Phone: | (715) 693-3400 |
| Fax: | (715) 693-4616 |
| Website: | https://valleycommunities.org |
| Branches: | 6 branch locations |
| Members: | 15,338 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66430 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Dec 01, 2023 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $239,223,003 |
| CEO/Manager: | Kelly Hladovcak |
| Chairperson: | Elizabeth Jakusz |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 31,224,672 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 85,446,920 |
| Unsecured Loans | 2,575,103 |
| Other Loans | 48,675,582 |
| TOTAL LOANS | 138,581,214 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -622,866 |
| Land And Building | 2,847,634 |
| Other Fixed Assets | 192,893 |
| NCUSIF Deposit | 1,971,802 |
| All Other Assets | 27,864 |
| TOTAL ASSETS | 239,223,003 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,111 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,512,878 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 38,509,423 |
| Regular shares | 86,098,786 |
| All Other Shares & Deposits | 82,940,158 |
| TOTAL SHARES & DEPOSITS | 207,548,365 |
| TOTAL LIABILITIES | 210,063,354 |
| Regular Reserve | 0 |
| Other Reserves | 190,472 |
| Undivided Earnings | 28,969,177 |
| TOTAL EQUITY | 29,159,649 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 239,223,003 |
| INCOME & EXPENSE | |
| Loan Income | 6,603,095 |
| Investment Income | 3,442,001 |
| Other Income | 485,546 |
| Total Employee Compensation & Benefits | 4,137,823 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,031,297 |
| Non-operating Income & (Expense) | -4,969 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 202,222 |
| Cost of Funds | 2,265,028 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,831,326 |
| ↑ Back to Top | |