First Community Credit Union (WI)
Overview / Commentary
First Community Credit Union (WI) is headquartered in Beloit and is the 32nd largest credit union in the state of Wisconsin. It is also the 1,144th largest credit union in the nation. It was established in 1933 and as of March of 2022, it had grown to 57 employees and 25,753 members at 5 locations. First Community Credit Union (WI) has an A+ health rating.
Field of Membership Restrictions
First Community Credit Union of Wisconsin is open to those who live or work in the following Wisconsin counties: Dane, Grant, Green, Iowa, Jefferson, Kenosha, Lafayette, Racine, Rock, Walworth and Waukesha, or the counties of Boone, Carroll, Jo Daviess, McHenry, Ogle, Stephenson or Winnebago in Illinois.
See current membership details
Health
A+
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67214 |
| Year Chartered | 1933 |
| Employees | 57 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.84% |
| Return on Equity - YTD | 13.96% |
| Annual Interest Income | $1.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $238.4MM$207.8MM |
| Loans | Q1 2022vs Q1 2021 | $206.6MM$185.0MM |
| Deposits | Q1 2022vs Q1 2021 | $196.8MM$171.0MM |
| Equity Capital | Q1 2022vs Q1 2021 | $30.7MM$26.9MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $571.00K$584.00K |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $219.00K$223.00K |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |