2024-09-06T10:48:20-07:00 2023-12-31 811212710 LeBlanc Accounting & Tax Services 315 Church Street Kohler WI 53044 990 2023-01-01 390931439 SHEBOYGAN AREA CREDIT UNION SHEB 9204595151 1707 INDIANA AVENUE SHEBOYGAN WI 53081 ROBERT WALLESER PRESIDENT 9204595151 2024-08-19 true true Katie LeBlanc P01884684 9202544213 2024-09-06 X 2023 2024-08-08 14:25:15Z ROBERT WALLESER 1707 INDIANA AVENUE SHEBOYGAN WI 53081 3924294 false X N/A X 1954 WI OUR MISSION IS TO PROVIDE EFFICIENT, PROGRESSIVE FINANCIAL SERVICES AND PRODUCTS TO OUR OWNER-MEMBERS IN AGREEMENT WITH CREDIT UNION PHILOSOPHY 5 5 20 5 21447 0 0 2552967 2912711 425389 976646 14600 34937 2992956 3924294 0 0 981249 1069489 0 0 1283460 1441683 2264709 2511172 728247 1413122 76741874 79348350 68106912 69411920 8634962 9936430 OUR MISSION IS TO PROVIDE EFFICIENT, PROGRESSIVE FINANCIAL SERVICES AND PRODUCTS TO OUR OWNER-MEMBERS IN AGREEMENT WITH CREDIT UNION PHILOSOPHY false false HOLDING DEPOSITS AND MAKING LOANS TO MEMBERS false false false false false false false false false true false false 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 0 0 true 20 true true true false false false false false X 5 5 false false false false true true true true true false false false true true false true true true false false X ROBERT WALLESER 9208034303 1707 INDIANA AVENUE SHEBOYGAN WI 53081 DIONE KNOP CHAIRPERSON 1.00 X X 0 0 0 JEREMY FETTERER DIRECTOR 1.00 X X 0 0 0 ANDREW LORGE SECRETARY 1.00 X 0 0 0 ERIC EDSON VICE CHAIRPERSON 1.00 X 0 0 0 ANTHONY BLAKE TREASURER 1.00 X 0 0 0 ROBERT WALLESSER PRESIDENT 40.00 X 129803 0 23768 129803 0 23768 false false false LOAN INTEREST 522100 1982260 0 0 FEE INCOME 522100 295978 5013 0 OTHER OPERATING INCOME 381824 32166 0 0 INSURANCE INCOME 522100 16434 16434 0 MEMBER ACCT/CARD FEES 522100 585873 0 0 2912711 868359 0 0 108287 0 108287 108287 108287 0 0 MISCELLANEOUS 522100 34937 34937 0 0 34937 3924294 3902847 21447 0 224897 224897 0 0 632210 632210 0 0 31492 31492 0 0 116817 116817 0 0 64073 64073 0 0 239111 239111 0 0 6466 6466 0 0 21741 21741 0 0 59732 59732 0 0 102435 102435 0 0 74769 74769 0 0 133524 133524 0 0 27061 27061 0 0 2807 2807 0 0 22220 22220 0 0 122332 122332 0 0 53501 53501 0 0 MEMBER ACCOUNT/CARD COST 347788 347788 0 0 PROVISION FOR LOAN LOSS -12129 -12129 0 0 LOAN SERVICING 53649 53649 0 0 DIVIDENDS TO MEMBERS 173947 173947 0 0 12729 12729 0 0 2511172 2511172 0 0 781175 499493 23048824 25147518 307033 5147 48860753 50066133 401482 318925 3255489 1809855 1514593 1445634 3318 3861 1824696 1861639 76741874 79348350 1091601 306515 655131 643487 66360180 68461918 68106912 69411920 X 1690549 1690549 6944413 8245881 8634962 9936430 76741874 79348350 1413122 X false false false 362545 362545 2068770 1114979 953791 704366 579496 124870 119808 115380 4428 1445634 MEMBER SHARES 38534120 MONEY MARKET ACCOUNTS 6956376 SHAREDRAFTS 16358143 ESCROW & INSURANCE 43462 CHRISTMAS CLUB 35290 VACATION CLUB 5469 IRAS 1763867 CERTIFICATES 4765191 68461918 Pt VI, Line 6 THE ORGANIZATION CONSISTS OF MEMBERS. TO BE A MEMBER, ONE MUST HAVE A SHARE/SAVINGS ACCOUNT. EACH MEMBER HAS ONE VOTE TO ELECT THE GOVERNING BODY (BOARD OF DIRECTORS). Pt VI, Line 7a THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP UTILIZING THEIR ONE VOTE PER MEMBER. Pt VI, Line 7b EACH MEMBER HAS ONE VOTE TO UTILIZE IN RATIFYING SIGNIFICANT DECISIONS BEYOND THE AUTHORITY OF THE BOARD AS OUTLINED IN THE ORGANIZATIONS BYLAWS. ANY DECISIONS TO DISSOLVE OR MERGE THE ORGANIZATION REQUIRES APPROVAL OF MEMBERSHIP, UNLESS MANDATED BY REGULATORY AGENCY (I.E. NCUA, WISCONSIN OFFICE OF CREDIT UNIONS). Pt VI, Line 11b THE REPORT WILL BE REVIEWED BY A SECOND PERSON BEFORE IT IS SUBMITTED. Pt VI, Line 12c THE BOARD OF DIRECTORS KNOW THEY NEED TO REPORT ANY CONFLICT OF INTEREST. Pt VI, Line 15a THE CHAIRMAN AND OTHER BOARD MEMBERS HOLD A SEPARATE MEETING THAT OUR PRESIDENT OR VP ARE NOT A PART OF TO DETERMINE THE PRESIDENTS COMPENSATION. SEPARATE MINUTES ARE WRITTEN AND KEPT ISOLATED. Pt VI, Line 19 UPON REQUEST.