Wisconsin

REGULATING AGENCY: Wisconsin Department of Financial Institutions; Office of Credit Unions

Wisconsin State Capitol

ACCREDITED: 2001

LEAGUE: Wisconsin Credit Union League

PRIVATE SHARE INSURANCE: No

STATS: (As of Q4 2021)

Total Number of Credit Unions: 116

  • TOTAL # SCUs: 113
  • TOTAL # FCUs: 3
  • SCU % OF TOTAL (SCUS #/STATE TOTAL #): 97%

Total Assets: $58,954,534,979

  • TOTAL $ SCU ASSETS: $55,890,881,538
  • TOTAL $ FCU ASSETS: $3,063,653,441
  • SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 95%

Total Members: 3,560,743

  • TOTAL Members SCUs: 3,377,072
  • TOTAL Members FCUs: 183,671
  • SCU % OF TOTAL (SCUS/STATE TOAL): 95%

FUN FACT: The House on the Rock was designed and built in the early 1940s. It is considered an architectural marvel and is perched on a 60-foot chimney of rock. The 14-room house is now a complex of rooms, streets, buildings, and gardens covering over 200 acres. The Infinity Room contains 3,264 windows.


RECENT NEWS

DATCP and DFI Host Student Loan Debt Relief Workshop: How to Avoid Scams, Use Free Repayment Tools and Save Money

January 5, 2022 – Today, the Wisconsin Department of Financial Institutions (DFI) and the Wisconsin Department of Agriculture, Trade and Consumer Protection (DATCP) announced they are hosting free online student loan debt relief workshops on Jan. 20 and Jan. 21. These workshops will help student loan borrowers prepare for the end of the federal student loan payment pause on May 1.

“With student loan payments resuming in May, it is more important than ever for borrowers to explore their student loan repayment options and make a plan for repayment today,” said DFI Secretary Kathy Blumenfeld. “Borrowers should take time now while payments are still paused to look into repayment options such as income-driven repayment plans, which may lower monthly payments, and check their eligibility for student loan forgiveness. Not waiting until the last minute to make a plan is important and will help ensure a smooth return to repayment.”

“As student loan payments resume, borrowers should watch for dishonest offers of loan forgiveness or savings from consolidation from debt relief scammers,” said DATCP Secretary Randy Romanski. “Borrowers with questions should attend these informational workshops to learn more about the many resources consumers can access without paying any fees.”

READ MORE


STORY ARCHIVE:
Click here to take a look at the stories that have been collected over the years in Wisconsin.

What’s new in your state?
Click here to submit your state-chartered credit union news stories to NASCUS today!