Kohler Credit Union is headquartered in Sheboygan and is the 20th largest credit union in the state of Wisconsin. It is also the 647th largest credit union in the nation. It was established in 1938 and as of March of 2022, it had grown to 124 employees and 42,863 members at 12 locations. Kohler Credit Union has an A health rating.
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
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!
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.
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.
Overall | |
---|---|
NCUA # | 66872 |
Year Chartered | 1938 |
Employees | 124 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.29% |
Return on Equity - YTD | 4.04% |
Annual Interest Income | $3.4MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2022vs Q1 2021 | $587.1MM$566.3MM |
Loans | Q1 2022vs Q1 2021 | $403.6MM$400.8MM |
Deposits | Q1 2022vs Q1 2021 | $541.1MM$522.4MM |
Equity Capital | Q1 2022vs Q1 2021 | $41.3MM$40.4MM |
Loan Loss Allowance | Q1 2022vs Q1 2021 | $951.00K$1.3MM |
Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $305.00K$354.00K |
Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |
Rates for Kohler Credit Union are currently being reviewed.