2022-04-27T15:42:46-05:00 2021-12-31 461065712 BRENT WOOKEY CPA PO BOX 1512 LA CROSSE WI 546021512 990 2021-01-01 390936429 BROKAW CREDIT UNION BROK 7153597012 PO BOX 199 WESTON WI 54476 LORI BERRY PRESIDENT/CEO 7153597012 2022-04-15 true LORI BERRY 999009999 BRENT WOOKEY CPA P00062439 6087920843 2022-04-27 X 2021 2022-09-23 18:48:47Z LORI BERRY PO BOX 199 WESTON WI 54476 2617248 false X WWW.BROKAWCU.COM X 1952 WI IN A CARING, COOPERATIVE MANNER, PROVIDE MEMBERS WITH AFFORDABLE, INNOVATIVE, QUALITY PRODUCTS AND SERVICES WHILE ESTABLISHING LIFELONG RELATIONSHIPS. 7 6 25 9 4974 0 2283635 2221829 423884 359226 7412 7117 2714931 2588172 1000 500 0 1013742 998670 0 0 1503921 1389182 2518663 2388352 196268 199820 63141187 70165922 57882268 64707183 5258919 5458739 IN A CARING, COOPERATIVE MANNER, PROVIDE MEMBERS WITH AFFORDABLE, INNOVATIVE, QUALITY PRODUCTS AND SERVICES WHILE ESTABLISHING LIFELONG RELATIONSHIPS. false false THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 601 NEW DEPOSIT ACCOUNTS IN 2021. AS OF 12/31/21 WE HAD 5,919 MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 678 NEW LOANS TO OUR MEMBERS DURING 2021. AS OF 12/31/21 WE HAD 2,352 LOANS TO OUR MEMBERS. 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 971 0 true 25 true true true false false false false false false false X 7 6 false false false false true true true true true false false false true false false true true true false false X LORI BERRY 7153597012 PO BOX 199 WESTON WI 54476 LORI BERRY PRESIDENT/CE 40.00 X X 87170 0 13141 MARY ZILLMAN PRES/CEO (TH 40.00 X 74596 0 10758 SANDY OESTREICH CHAIR 0.75 X X 1155 0 0 TERRY RADTKE DIRECTOR 0.50 X 765 0 0 RICHARD BURCH TREASURER 0.50 X X 540 0 0 MARK GOLDING VICE CHAIR 0.50 X X 540 0 0 GWYN LEU SECRETARY 0.75 X X 535 0 0 WILLIAM ROSE DIRECTOR 0.50 X 405 0 0 TARA SMITH DIRECTOR 0.50 X 315 0 0 JESSICA VAN VUREN DIRECTOR 0.50 X 225 0 0 GARY LITRENTA DIRECTOR 0.50 X 180 0 0 166426 23899 false false false FISERV INC 75 REMITTANCE DRIVE CHICAGO IL 60675 CORE SYSTEM 178520 1 INTEREST ON LOANS 522130 1267070 1267070 OTHER MEMBER RELATED REVENUE 522130 503355 503355 MEMBER FEE INCOME 522130 446430 446430 FEE & INSURANCE REVENUE 520000 4067 4067 CVR/DMV FEE INCOME 560000 907 907 2221829 360612 360612 7117 7117 27690 29076 -1386 -1386 -1386 2588172 2215469 4974 367729 500 166426 635274 34870 101799 60301 5498 13008 117934 401314 378008 63658 722 7609 115333 24458 LOAN SERVICING 191295 DIVIDEND EXPENSE 115642 PROVISION LOAN LOSS ADJST -45297 2388352 0 0 0 777346 552881 20657245 30476660 28835617 28491696 172301 155969 2699624 2281094 359754 418530 11139743 8929178 1199181 1141008 63141187 70165922 373501 293062 98037 127418 57410730 64286703 57882268 64707183 X 5258919 5458739 5258919 5458739 63141187 70165922 199820 X false false false true X 113174 113174 1253065 1076699 176366 1333385 1204395 128990 418530 INVESTMENTS WITH MATURITY > 1 YEAR 7715000 C COLI INVESTMENT 986617 F CAPITAL ACCOUNTS CORPORATE CU 221561 C WISCUB STOCK 6000 C 8929178 MEMBER SHARES & DEPOSITS 64414121 ESCROW TO LINE 21 BALANCE SHEET -127418 64286703 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 NECESSARY DATA TO INDEPENDENT CPA WHO COMPLETES THE RETURN. MANAGEMENT REVIEWS THE RETURN FOR ACCURACY, AND THEN AUTHORIZES THE CPA TO E-FILE THE 990. FORM 990, PAGE 6, PART VI, LINE 15A BOARD OF DIRECTORS DETERMINE THE COMPENSATION FOR THE CEO/PRESIDENT. THE REVIEW AND APPROVAL ARE NOTED IN THE BOARD MINUTES. REVIEW IS PLACED IN CEO/PRESIDENT'S PERSONNEL FILE. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE ANNUAL MEMBERSHIP MEETING. FINANCIAL STATEMENT ALSO POSTED IN LOBBY.