2020-04-28T13:48:47-05:00 2019-12-31 461605712 BRENT WOOKEY CPA PO BOX 1512 LA CROSSE WI 546021512 990 2019-01-01 390936429 BROKAW CREDIT UNION BROK 7153597012 PO BOX 199 WESTON WI 54476 MARY ZILLMAN PRESIDENT / CEO 7153597012 2020-04-15 true BRENT WOOKEY CPA P00062439 6087920843 2020-04-28 X 97.88.144.85 2020-04-28 13:48:47 CD P 5FA08F3168DAA0B72D4E7F0D679A1E851BDE6807 5FA08F3168DAA0B72D4E7F0D679A1E851BDE6807 2019 2020-09-23 17:36:50Z MARY ZILLMAN PO BOX 199 WESTON WI 54476 3092047 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 7 6138 0 2107144 2225180 446544 531227 8058 7265 2561746 2763672 500 500 0 980406 1012256 0 0 1232259 1487268 2213165 2500024 348581 263648 52850339 53770645 48051336 48707994 4799003 5062651 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 720 NEW DEPOSIT ACCOUNTS IN 2019. AS OF 12/31/19 WE HAD 6,197 MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 739 NEW LOANS TO OUR MEMBERS DURING 2019. AS OF 12/31/19 WE HAD 3,010 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 1366 0 true 25 true true true false false false false false false false X 7 7 false false true 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 TERRY RADTKE CHAIR 0.50 X X 1395 0 0 GARY LITRENTA VICE CHAIR 0.50 X X 585 0 0 JESSICA VAN VUREN TREASURER 0.50 X X 585 0 0 WILLIAM ROSE SECRETARY 0.50 X X 770 0 0 RICHARD BURCH DIRECTOR 0.50 X 675 0 0 GENE HELLMAN DIRECTOR 0.50 X 630 0 0 SANDY OESTREICH DIRECTOR 0.50 X 540 0 0 MARY ZILLMAN PRESIDENT / 40.00 X 85656 0 13068 LORI BERRY VICE PRESIDE 40.00 X 79066 0 12716 169902 25784 false false false FISERV INC 75 REMITTANCE DRIVE CHICAGO IL 60675 CORE SYSTEM 260131 STRATADEFENSE LLC 8400 HIGHLAND DRIVE WAUSAU WI 54401 IT SERVICES 127758 2 INTEREST ON LOANS 522130 1545809 1545809 MEMBER FEE INCOME 522130 457834 457834 OTHER MEMBER RELATED REVENUE 522130 215399 215399 NON-MEMBER ATM FEES 522130 4177 4177 MECH BRKDWN/REPAIR INSUR 524298 1500 1500 461 461 2225180 519602 519602 7265 7265 340000 328375 11625 11625 11625 2763672 2230667 6138 526867 500 169902 651143 31052 98451 61708 9070 6788 84445 553076 336532 73695 3406 13545 88442 22189 DIVIDEND EXPENSE 200107 PROVISION FOR LOAN LOSS 95973 2500024 0 0 0 421871 206235 8815267 9015473 30016367 30548954 140388 124842 2500964 2081138 330198 419826 12167561 12607081 958687 848234 52850339 53770645 160096 246695 372 128 76685 77471 47814183 48383700 48051336 48707994 X 4799003 5062651 4799003 5062651 52850339 53770645 263648 X false false false true X 113174 113174 1145693 1030581 115112 1242097 1050557 191540 419826 INVESTMENTS WITH MATURITY > 1 YEAR 11442000 C COLI INVESTMENT 937520 F CAPITAL ACCOUNTS CORPORATE CU 221561 C WISCUB STOCK 6000 C 12607081 MEMBER SHARES & DEPOSITS 48461171 ESCROW TO LINE 21 BALANCE SHEET -77471 48383700 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 4 DURING 2019 OUR BYLAWS WERE UPDATED TO ADD THREE ADDITIONAL COUNTIES TO OUR FIELD OF MEMBERSHIP. 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.