Kohler Credit Union is headquartered in Sheboygan and is the 19th largest credit union in the state of Wisconsin. It is also the 640th largest credit union in the nation. It was established in 1938 and as of June of 2020, it had grown to 130 employees and 43,163 members at 14 locations. Kohler Credit Union's money market rates are 14% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Kohler Credit Union is open to those who live or work in Calumet, Fond du Lac, Manitowoc, Milwaukee, Ozaukee, Sheboygan, Washington, or Waukesha Counties in Wisconsin. Immediate family are also eligible.
See current membership details
Unbeatable CD Rates!
I recently opened 2 CD accounts with Kohler CU. Their 18 month 3.25% & a 9 month 2.75%. Even after the fed rate hike, these deals cannot be beat. Cassie in their customer service department was super responsive. friendly & knowledgable in her correspondence with me while helping me set up these accounts. If you qualify for membership, I think you will be pleased with their service & leading share certificate yields! Customer for life!
Great Credit Union
I used this credit union to get a car loan a little while ago. It was a very unique car that I spent years looking for. When I found it, it was on a Saturday. I called Kohler Credit Union and they were more than happy to rush me through the loan process. I went in to do the paperwork and before noon on a Saturday, they had me set up with a car loan. I couldn't believe how quickly they were able to do something for me and how happy they were to do it. Definitely recommend.
OK Experience
I have been with Kohler Credit Union, based out of Kohler Wisconsin for about 5 years. In addition to our auto loan, we have also had our primary savings and checking accounts with them. Kohler Credit Union offers a number of different checking and savings account options, and they offer a competitive range of interest rates and available fee structures. I was happiest being a part owner Credit Union, receiving quarterly dividends as part of my checking and savings accounts. I would say that my biggest complaint with Kohler Credit Union would have to do with their customer service, and customer service department at the corporate office in particular. They were not able to resolve complaints in a timely or satisfactory fashion. Overall I would say that Kohler Credit Union offers good products, but is unable to service them effectively.
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 66872 |
| Year Chartered | 1938 |
| Employees | 130 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.3% |
| Return on Equity - YTD | 3.71% |
| Annual Interest Income | $7.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $497.3MM$431.8MM |
| Loans | Q2 2020vs Q2 2019 | $394.0MM$352.6MM |
| Deposits | Q2 2020vs Q2 2019 | $455.6MM$392.4MM |
| Equity Capital | Q2 2020vs Q2 2019 | $38.4MM$35.8MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $1.4MM$877.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $1.1MM$1.7MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |
