2024-05-14T15:43:09-04:00 2023-12-31 461065712 BRENT WOOKEY CPA PO BOX 1512 LA CROSSE WI 546021512 990 2023-01-01 390936240 FOND DU LAC CREDIT UNION FOND 9209211123 91 NORTH PIONEER RD PO BOX 1005 FOND DU LAC WI 54936 SCOTT ROESCH PRESIDENT 9209211123 2024-05-07 true SCOTT ROESCH 999009999 true BRENT WOOKEY CPA P00062439 6087920843 2024-05-14 X 2023 2023-04-26 12:10:37Z SCOTT ROESCH 91 NORTH PIONEER RD PO BOX 1005 FOND DU LAC WI 54936 3591838 false X WWW.FDLCU.COM X 1954 WI TO CREATE EXCEPTIONAL MEMBERS EXPERIENCES. 5 5 24 5 3886 0 2326091 2709904 384625 875400 6832 6534 2717548 3591838 10309 13700 0 1080169 1263941 0 0 1181600 1507970 2272078 2785611 445470 806227 81252894 79277111 73150775 70353483 8102119 8923628 TO CREATE EXCEPTIONAL MEMBERS EXPERIENCES. false false THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 437 NEW DEPOSIT ACCOUNTS IN 2023. AS OF 12/31/23 WE HAD 6,194 MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 747 NEW LOANS DURING 2023. AS OF 12/31/23 WE HAD 3,576 LOANS RECEIVABLE. false false false false false false false true false true false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 1841 0 true 24 true true true false false false false false false false X 5 5 false false false false true true true true true false false false true true true true true true true false X MEGAN GYSBERS 9209211123 91 N PIONEER RD PO BOX 1005 FOND DU LAC WI 54936 SCOTT ROESCH PRESIDENT 40.00 X X 130203 0 4021 LORRI HEIMBACK VP MARKTNG 40.00 X 97063 0 19850 MEGAN GYSBERS DIRECTOR ACC 40.00 X 82879 0 2723 MARTY SCHIBBELHUT CHAIR 1.00 X X 0 0 0 HANNAH SMET VICE CHAIR 1.00 X X 0 0 0 JEREMY VAN DERAA TREASURER 1.00 X X 0 0 0 AMY TEIFKE SECRETARY 1.00 X X 0 0 0 AMY BAYER DIRECTOR 1.00 X 0 0 0 RYAN KNUEPPEL DIRECTOR 1.00 X 0 0 0 310145 26594 1 false false false SHAZAM 6700 PIONEER PARKWAY JOHNSTON IA 50131 DEBIT CARD PROC 300853 DATAMATIC 5545 ENTERPRISE DRIVE LANSING MI 48911 CORE SOFTWARE 119636 2 INTEREST ON LOANS 522130 2141003 2141003 MEMBER FEE INCOME 522130 362073 362073 OTHER MEMBER RELATED INCOME 522130 202942 202942 FEE & INSURANCE REVENUE 520000 3886 3886 2709904 875400 875400 6534 6534 3591838 2706018 3886 881934 11200 2500 310145 698562 18921 160699 75614 32773 26720 78036 445630 177964 111032 8739 16120 2 77761 34064 DIVIDENDS EXPENSE 315717 CREDIT LOSS EXPENSE 129825 DEBIT/CREDIT CARD EXPENSE 53587 2785611 0 0 0 1067632 1049905 14563127 14411299 -260246 -234789 43794412 45568638 242698 343551 2731124 1115540 1641887 1615584 18950776 14919795 1252608 1603128 81252894 79277111 371847 448981 24240 15581 72754688 69888921 73150775 70353483 X 8102119 8923628 8102119 8923628 81252894 79277111 X 806227 15282 X false false false true X 250000 250000 1826721 654244 1172477 654403 461296 193107 1615584 INVESTMENTS W/ MATURITY > 1 YEAR 13011788 C CU OWNED LIFE INSUR INVESTMENT 1148776 C FHLB STOCK 450000 C CAPITAL ACCOUNTS CORPORATE CU 258536 C PSCU CUSO 47695 C WISCUB CUSO 3000 C 14919795 MEMBER SHARES & DEPOSITS 69904502 ESCROW ACCOUNTS TO LINE 21 BAL SHEET -15581 69888921 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE CREDIT UNION HOLDS FUNDS IN ESCROW ACCOUNTS FOR PROPERTY TAXES AND HOMEOWNERS INSURANCE RELATED TO MORTGAGE LOANS. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 7B A MEMBER VOTE IS REQUIRED FOR DECISIONS WHICH ARE BEYOND THE AUTHORITY OF THE BOARD OF DIRECTORS. ITEMS WHICH REQUIRE A MEMBERSHIP VOTE ARE OUTLINED AND SPECIFIED IN OUR BYLAWS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT PROVIDES DATA TO INDEPENDENT CPA WHO COMPLETES THE RETURN. MANAGEMENT REVIEWS THE RETURN FOR ACCUARCY AND THEN AUTHORIZES CPA TO E- FILE THE APPROVED RETURN. THE APPROVED RETURN IS THEN PROVIDED TO THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 12C EVERY DIRECTOR AND EMPLOYEE IS REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY, AND STATE IF A CONFLICT EXISTS. NEW EMPLOYEES SIGN THE POLICY WITH THEIR NEW EMPLOYEE PAPERWORK. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS DETERMINES COMPENSATION FOR PRESIDENT USING COMPARATIVE SALARY SURVEY DATA FROM WI CREDIT UNION LEAGUE. BOARD APPROVAL IS RECORDED IN THE MINUTES. FORM 990, PAGE 6, PART VI, LINE 15B MANAGEMENT REVIEWS ALL EMPLOYEES AND DETERMINES THEIR COMPENSATION USING COMPARATIVE SALARY SURVEY DATA. THE BOARD APPROVES SALARIES AS PART OF THE ANNUAL BUDGET APPROVAL. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE PROVIDED AT THE ANNUAL MEETING AND ARE POSTED IN THE LOBBY EACH MONTH. FORM 990, PART XI, LINE 9 INITIAL CECL ADJUSTMENT 15,282