2023-07-10T15:14:32-04:00 2022-12-31 461065712 BRENT WOOKEY CPA PO BOX 1512 LA CROSSE WI 546021512 990 2022-01-01 390936240 FOND DU LAC CREDIT UNION FOND 9209211123 91 NORTH PIONEER RD PO BOX 1005 FOND DU LAC WI 54936 SCOTT ROESCH PRESIDENT 9209211123 2023-06-12 true SCOTT ROESCH 999009999 false BRENT WOOKEY CPA P00062439 6087920843 2023-07-10 X 2022 2023-04-26 12:10:37Z SCOTT ROESCH 91 NORTH PIONEER RD PO BOX 1005 FOND DU LAC WI 54936 2745125 false X WWW.FDLCU.COM X 1954 WI TO CREATE EXCEPTIONAL MEMBERS EXPERIENCES. 5 5 26 6 3976 5000 0 2287470 2326091 190352 384625 7186 6832 2490008 2717548 8294 10309 0 1083455 1080169 0 0 1002966 1181600 2094715 2272078 395293 445470 82804082 81252894 75147433 73150775 7656649 8102119 TO CREATE EXCEPTIONAL MEMBERS EXPERIENCES. false false THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 413 NEW DEPOSIT ACCOUNTS IN 2022. AS OF 12/31/22 WE HAD 6,369 MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 776 NEW LOANS DURING 2022. AS OF 12/31/22 WE HAD 3,416 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 1184 0 true 26 true true true false false false false false false false X 5 5 false false true 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 121432 0 3681 LORRI HEIMBACK VP MARKTNG 40.00 X 85993 0 27146 MEGAN GYSBERS DIRECTOR ACC 40.00 X 67583 0 28774 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 MIKE SWENEY DIRECTOR 1.00 X 0 0 0 RYAN KNUEPPEL DIRECTOR 1.00 X 0 0 0 275008 59601 1 false false false SHAZAM 6700 PIONEER PARKWAY JOHNSTON IA 50131 DEBIT CARD PROC 271869 DATAMATIC 5545 ENTERPRISE DRIVE LANSING MI 48911 CORE SOFTWARE 101285 2 INTEREST ON LOANS 522130 1790167 1790167 MEMBER FEE INCOME 522130 278199 278199 OTHER MEMBER RELATED INCOME 522130 253749 253749 FEE & INSURANCE REVENUE 520000 3976 3976 2326091 383052 383052 6832 6832 29150 27577 1573 1573 1573 2717548 2323688 3976 389884 9309 1000 275008 588083 14758 135780 66540 16402 20681 86757 432340 133661 86944 2508 18591 6875 77447 33184 PROVISION LOAN LOSS 129546 DIVIDENDS EXPENSE 110387 DEBIT/CREDIT CARD EXPENSE 26277 2272078 0 0 0 1050519 1067632 18724330 14563127 -67006 -260246 42892440 43794412 328667 242698 2717939 1076052 1583376 1641887 16853476 18950776 1438280 1252608 82804082 81252894 226601 371847 18210 24240 74902622 72754688 75147433 73150775 X 7656649 8102119 7656649 8102119 82804082 81252894 445470 X false false false true X 250000 250000 1826721 603325 1223396 641218 472727 168491 1641887 INVESTMENTS W/ MATURITY > 1 YEAR 17062847 C CU OWNED LIFE INSUR INVESTMENT 1118329 C FHLB STOCK 456763 C CAPITAL ACCOUNTS CORPORATE CU 258536 C PSCU CUSO 51301 C WISCUB CUSO 3000 C 18950776 MEMBER SHARES & DEPOSITS 72778928 ESCROW ACCOUNTS TO LINE 21 BAL SHEET -24240 72754688 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 4 THE BY-LAWS WERE UPDATED IN 2022 TO CHANGE THE NUMBER OF DIRECTORS ON THE BOARD FROM SEVERN TO FIVE. 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 ANNUALLY EVERY DIRECTOR AND EMPLOYEE IS REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY 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.