2021-06-07T16:56:52-05:00 2020-12-31 461605712 BRENT WOOKEY CPA PO BOX 1512 LA CROSSE WI 546021512 990 2020-01-01 390936429 BROKAW CREDIT UNION BROK 7153597012 PO BOX 199 WESTON WI 54476 MARY ZILLMAN PRESIDENT / CEO 7153597012 2021-03-30 true MARY ZILLMAN 999009999 BRENT WOOKEY CPA P00062439 6087920843 2021-06-07 X 2020 2022-09-23 18:48:47Z MARY ZILLMAN PO BOX 199 WESTON WI 54476 2739549 false X WWW.BROKAWCU.COM X 1952 WI WE ARE COMMITTED TO MAKING A MEANINGFUL DIFFERENCE IN THE LIVES OF OUR MEMBERS. AS A MEMBER, YOU WILL BE: PROVIDED WITH INNOVATIVE, QUALITY PRODUCTS AND SERVICES; ASSISTED BY A PROFESSIONAL, KNOWLEDGEABLE, COURTEOUS STAFF; AND PROTECTED IN A SECURE ENVIRONMENT. 7 7 25 8 4627 0 2225180 2283635 531227 423884 7265 7412 2763672 2714931 500 1000 0 1012256 1013742 0 0 1487268 1503921 2500024 2518663 263648 196268 53770645 63141187 48707994 57882268 5062651 5258919 X WE ARE COMMITTED TO MAKING A MEANINGFUL DIFFERENCE IN THE LIVES OF OUR MEMBERS. AS A MEMBER, YOU WILL BE: PROVIDED WITH INNOVATIVE, QUALITY PRODUCTS AND SERVICES; ASSISTED BY A PROFESSIONAL, KNOWLEDGEABLE, COURTEOUS STAFF; AND PROTECTED IN A SECURE ENVIRONMENT. false false THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 621 NEW DEPOSIT ACCOUNTS IN 2020. AS OF 12/31/20 WE HAD 6,039 MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 591 NEW LOANS TO OUR MEMBERS DURING 2020. AS OF 12/31/20 WE HAD 2,690 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 1489 0 true 25 true true true false false false false false false false X 7 7 false false false false true true true true true false false false true false false true true true false false X MARY ZILLMAN 7153597012 PO BOX 199 WESTON WI 54476 MARY ZILLMAN PRESIDENT / 40.00 X 91027 0 13355 LORI BERRY VICE PRESIDE 40.00 X 85520 0 13058 TERRY RADTKE CHAIR 0.50 X X 1215 0 0 SANDY OESTREICH SECRETARY 0.50 X X 840 0 0 MARK GOLDING DIRECTOR 0.50 X 630 0 0 GARY LITRENTA VICE CHAIR 0.50 X X 595 0 0 JESSICA VAN VUREN TREASURER 0.50 X X 585 0 0 RICHARD BURCH DIRECTOR 0.50 X 540 0 0 WILLIAM ROSE DIRECTOR 0.50 X 270 0 0 GENE HELLMAN DIRECTOR 0.50 X 225 0 0 181447 26413 false false false FISERV INC 75 REMITTANCE DRIVE CHICAGO IL 60675 CORE SYSTEM 193237 1 INTEREST ON LOANS 522130 1477792 1477792 OTHER MEMBER RELATED REVENUE 522130 404686 404686 MEMBER FEE INCOME 522130 396530 396530 FEE & INSURANCE REVENUE 520000 3769 3769 CVR/DMV FEE INCOME 560000 858 858 2283635 423427 423427 7412 7412 25075 24618 457 457 457 2714931 2279465 4627 430839 1000 181447 633208 30696 107340 61051 2952 12000 69315 388157 393301 68056 867 10307 93176 24347 LOAN SERVICING 199011 DIVIDEND EXPENSE 153994 PROVISION FOR LOAN LOSS 88438 2518663 0 0 0 206235 777346 9015473 20657245 30548954 28835617 124842 172301 2525724 2165970 419826 359754 12607081 11139743 848234 1199181 53770645 63141187 246695 373501 128 77471 98037 48383700 57410730 48707994 57882268 X 5062651 5258919 5062651 5258919 53770645 63141187 196268 X false false false true X 113174 113174 1145693 1051431 94262 1266857 1114539 152318 359754 INVESTMENTS WITH MATURITY > 1 YEAR 9950000 C COLI INVESTMENT 962182 F CAPITAL ACCOUNTS CORPORATE CU 221561 C WISCUB STOCK 6000 C 11139743 MEMBER SHARES & DEPOSITS 57508767 ESCROW TO LINE 21 BALANCE SHEET -98037 57410730 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 - ORGANIZATION'S MISSION WE ARE COMMITTED TO MAKING A MEANINGFUL DIFFERENCE IN THE LIVES OF OUR MEMBERS. AS A MEMBER, YOU WILL BE: PROVIDED WITH INNOVATIVE, QUALITY PRODUCTS AND SERVICES; ASSISTED BY A PROFESSIONAL, KNOWLEDGEABLE, COURTEOUS STAFF; AND PROTECTED IN A SECURE ENVIRONMENT. 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.