Overview / Commentary
Northwestern Mutual Credit Union is headquartered in Milwaukee and is the 31st largest credit union in the state of Wisconsin. It is also the 1,029th largest credit union in the nation. It was established in 1933 and as of March of 2022, it had grown to 17 employees and 6,886 members at 3 locations. Northwestern Mutual Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to employees of The Northwestern Mutual Life Insurance Company, Northwestern Investment Management Company, Northwestern Investment Services, Northwestern Mutual Trust Company, and Mason Street Advisors and their families.
See current membership details
Health
A
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 66555 |
| Year Chartered | 1933 |
| Employees | 17 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.46% |
| Return on Equity - YTD | 5.06% |
| Annual Interest Income | $1.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $284.1MM$247.2MM |
| Loans | Q1 2022vs Q1 2021 | $107.9MM$106.7MM |
| Deposits | Q1 2022vs Q1 2021 | $242.0MM$209.3MM |
| Equity Capital | Q1 2022vs Q1 2021 | $23.8MM$24.7MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $219.00K$242.00K |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $13.00K$82.00K |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |