Brewery Credit Union

Overview / Commentary
1351 Dr. Martin Luther King Jr. Dr.
Milwaukee, WI 53212-4099

Brewery Credit Union is headquartered in MILWAUKEE and is the 61st largest credit union in the state of Wisconsin. It is also the 2,260th largest credit union in the nation. It was established in 1934 and as of June of 2023, it had grown to 22 employees and 8,659 members at 2 locations. Brewery Credit Union has a B+ health rating.

Field of Membership Restrictions

Brewery Credit Union offers membership to those who live or work in the Wisconsin counties of Kenosha, Milwaukee, Ozaukee, Racine, Washington, or Waukesha.
See current membership details

Reviews (1)

Brewery Credit Union Is A Deceiver

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Brewery Credit Union is a DECEIVER. They are using the Credit Union name to lure in unsuspecting consumers and pocketing your hard earned dollars with inflated service/maintenance fees and high interest rates which mirror, if not exceed, those of the giant corporate bully's. $25.05's is the fee to transfer money to and from your OWN accounts??? The staff is comprised of inept zombies. Especially at the Outpost branch where I had the unfortunate opportunity to do most of my banking. Hello, is anyone there? Repeated $5.00 monthly checking fees even though I met Brewery's 3 free checking account requirements and then called each month to fix the lack of employee skills it takes to push a few buttons to correct the issue??? I deposited a check for $500.00 and as I was walking away, looked at my transaction receipt and noticed I was negative $300.00. After further investigation, I realized the name on the receipt wasn't even mine. They put my funds in another members account. The list goes on, but I'm without additional motivation. I've wasted enough of my time, gas and hard earned dollars on them. It's a sad day when your Credit Union, which was fashioned to protect their members from the purse snatching corporate wolf, is just that. Shame on you Brewery!

One last thing. I feel extremely sad when I read reviews from people that say they have bad credit and Brewery was the only bank that will open an account for them. I'm most certain they are giving those members extremely high rates and taking advantage of their situation - just like the non Credit Union banks before the foreclosure meltdown happened. Brewery's amplitude of fees and service charges do not accommodate people who live paycheck to paycheck. Please think twice and seek out other options before choosing Brewery. Milwaukee is saturated with Credit Unions that will treat their members/owners with respect.

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Brewery Credit Union has a relatively low asset base.

Health Grade Components

NCUA #66637
Year Chartered1934
Primary Regulator
Profit Margin
Return on Assets - YTD1.1%
Return on Equity - YTD5.43%
Annual Interest Income$1.8MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$62.7MM$60.9MM
LoansQ2 2023vs Q2 2022$47.2MM$45.7MM
DepositsQ2 2023vs Q2 2022$49.5MM$48.3MM
Equity CapitalQ2 2023vs Q2 2022$12.7MM$12.1MM
Loan Loss AllowanceQ2 2023vs Q2 2022$0$696.00K
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$393.00K$933.00K
Real Estate OwnedQ2 2023vs Q2 2022$0$0

Rates for Brewery Credit Union are currently being reviewed.


Brewery Credit Union Locations

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