2023-05-02T16:12:26-04:00 2022-12-31 461065712 BRENT WOOKEY CPA PO BOX 1512 LA CROSSE WI 546021512 990 2022-01-01 390551185 PUBLIC SERVICE CREDIT UNION PUBL 7158429865 PO BOX 1854 WAUSAU WI 54402 TINA MACHLAN PRESIDENT 7158429865 2023-04-20 true TINA MCAHLAN 999009999 false BRENT WOOKEY CPA P00062439 6087920843 2023-05-02 X 2022 2023-04-26 12:10:37Z TINA MACHLAN PO BOX 1854 WAUSAU WI 54402 323449 false X WWW.PSCU-WAUSAU.COM X 1935 WI TO ENCOURAGE THRIFT AMOUNT OUR MEMBERS, TO CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE COST, AND TO PROVIDE AN OPPORTUNITY FOR EACH OF OUR MEMBERS TO IMPROVE THEIR RESPECTIVE ECONOMIC AND SOCIAL CONDITIONS. 7 7 3 3 0 0 280951 256383 62680 67066 0 343631 323449 0 0 159346 147439 0 0 186851 265893 346197 413332 -2566 -89883 12625598 12351342 9851492 9667119 2774106 2684223 TO ENCOURAGE THRIFT AMOUNT OUR MEMBERS, TO CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE COST, AND TO PROVIDE AN OPPORTUNITY FOR EACH OF OUR MEMBERS TO IMPROVE THEIR RESPECTIVE ECONOMIC AND SOCIAL CONDITIONS. false false THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 31 NEW DEPOSIT ACCOUNTS IN 2022. AS OF 12/31/22 WE HAD 1,154 MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 255 NEW LOANS TO OUR MEMBERS DURING 2022. AS OF 12/31/22 WE HAD 402 LOANS TO OUR MEMBERS. false false false false false false false false 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 305 0 true 3 true false false false false false false false false X 7 7 false false false false true true true true true false false true true true false true true true false false X TINA MACHLAN 7158429865 PO BOX 1854 WAUSAU WI 54402 TINA MACHLAN PRESIDENT 40.00 X 65000 0 2250 KELLY ZAGRZEBSKI VICE CHAIR 1.00 X X 588 0 0 AMY KOPETZKY SECRETARY 1.00 X X 539 0 0 JASON LINZMAIER DIRECTOR 1.00 X 539 0 0 DAVID SCHNEIDER TREASURER 1.00 X X 539 0 0 MATHEW MURPHY CHAIR 1.00 X X 490 0 0 ALEXANDER VEDVICK DIRECTOR 1.00 X 392 0 0 RICK KRIESEL DIRECTOR 1.00 X 343 0 0 MIKE BOSI SECRETARY 1.00 X X 196 0 0 KOREY KONIETZKI DIRECTOR 1.00 X 49 0 0 68675 2250 false false false FISERV 255 FISERV DRIVE BROOKFIELD WI 53045 CORE PROCESOR 121632 1 INTEREST ON LOANS 522130 250496 250496 OTHER MEMBER RELATED REVENUE 522130 3172 3172 MEMBER FEE INCOME 522130 2715 2715 256383 67066 67066 323449 256383 67066 68675 61454 6771 185 10354 410 6379 70668 133940 81 4420 6806 14355 DIVIDENDS EXPENSE 13975 LOAN EXPENSE/SERVICING 10560 PROVISION FOR LOAN LOSS 4299 413332 0 0 0 58203 17510 2119842 1795048 8320690 8003744 18750 15350 152427 131702 13483 20725 1987245 2384245 107385 114720 12625598 12351342 -307 6328 9851799 9660791 9851492 9667119 X 2774106 2684223 2774106 2684223 12625598 12351342 -89883 X false false 152427 131702 20725 20725 INVESTMENTS WITH MATURITY > 1 YEAR 2287000 C CORPORATE CU CAPITAL ACCTS 97245 C 2384245 MEMBER SHARES & DEPOSITS 9660791 9660791 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 NECESSARY DATA TO INDEPENDENT CPA WHO PREPARES THE RETURN. MANAGEMENT REVIEWS THE DRAFT RETURN FOR ACCURACY, AND THEN IT IS REVIEWED BY THE BOARD OF DIRECTORS. AFTER THE DRAFT IS APPROVED BY BOARD, THE PRESIDENT AUTHORIZES THE CPA TO E-FILE THE APPROVED RETURN. FORM 990, PAGE 6, PART VI, LINE 15A A COMMITTEE OF THE BOARD OF DIRECTORS DETERMINES PRESIDENT'S COMPENSATION. THE WI CREDIT UNION LEAGUE SALARY SURVEY IS USED AS PART OF THE PROCESS. THE BOARD FORMALLY APPROVES THE COMPENSATION AND THIS IS NOTED IN THE BOARD MINUTES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE MEMBERS UPON REQUEST. FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY.