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 2,330th largest credit union in the nation. It was established in 1971 and as of September of 2019, it had grown to 7 employees and 3,625 members at 1 location. Gundersen Credit Union's CD rates are 67% higher than the national average, and it has a B+ 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
B+
Data as of Q3 2019
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 low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 66477 |
| Year Chartered | 1971 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.85% |
| Return on Equity - YTD | 6.42% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $49.6MM$44.4MM |
| Loans | Q3 2019vs Q3 2018 | $36.3MM$37.7MM |
| Deposits | Q3 2019vs Q3 2018 | $42.8MM$37.1MM |
| Equity Capital | Q3 2019vs Q3 2018 | $6.5MM$6.1MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $128.00K$138.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $25.00K$7.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |