Overview / Commentary
Gundersen Credit Union is headquartered in La Crosse and is the 64th largest credit union in the state of Wisconsin. It is also the 2,304th largest credit union in the nation. It was established in 1971 and as of March of 2020, it had grown to 8 employees and 3,624 members at 1 location. Gundersen Credit Union's money market rates are 59% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Gunderson Credit Union of Wisconsin is open to the current and retired employees as well as the volunteers of Gunderson and their family members.
See current membership details
Health
A
Data as of Q1 2020
Learn why bank health mattersAdditional 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. Gundersen Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 66477 |
| Year Chartered | 1971 |
| Employees | 8 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.12% |
| Return on Equity - YTD | 0.92% |
| Annual Interest Income | $376.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2020vs Q1 2019 | $52.7MM$47.8MM |
| Loans | Q1 2020vs Q1 2019 | $35.6MM$37.3MM |
| Deposits | Q1 2020vs Q1 2019 | $45.9MM$41.2MM |
| Equity Capital | Q1 2020vs Q1 2019 | $6.5MM$6.3MM |
| Loan Loss Allowance | Q1 2020vs Q1 2019 | $120.00K$136.00K |
| Unbacked Noncurrent Loans | Q1 2020vs Q1 2019 | $21.00K$17.00K |
| Real Estate Owned | Q1 2020vs Q1 2019 | $0$0 |