REGULATING AGENCY: Wisconsin Department of Financial Institutions; Office of Credit Unions
LEAGUE: Wisconsin Credit Union League
PRIVATE SHARE INSURANCE: No
STATS: (As of June 2021)
Total Number of Credit Unions: 120
- TOTAL # SCUs: 117
- TOTAL # FCUs: 3
- SCU % OF TOTAL (SCUS #/STATE TOTAL #): 98%
Total Assets: $56,600,418,284
- TOTAL $ SCU ASSETS: $53,651,779,696
- TOTAL $ FCU ASSETS: $2,948,638,588
- SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 95%
Total Members: 3,537,583
- TOTAL Members SCUs: 3,358,585
- TOTAL Members FCUs: 178,998
- SCU % OF TOTAL (SCUS/STATE TOAL): 95%
FUN FACT: When the state dance is the polka, it’s awfully convenient that A World of Accordions, a museum with more than 1,000 types of squeeze-boxes, is also found in the state.
AS WISCONSIN EMPLOYERS INCREASE HIRING, SMALL BUSINESSES ARE JOINING STATEWIDE EFFORT TO HELP WORKERS BUILD EMERGENCY SAVINGS
More Than 70 Employers Are Actively Promoting Saving Automatically for Emergencies
August 31, 2021 — Seventy-one small to mid-size employers in Wisconsin, representing approximately 7,500 employees, are now actively promoting and encouraging saving automatically through split deposits to their employees. Recognizing many individuals were not fully prepared for the lasting economic impacts of the COVID-19 pandemic, these employers have joined a new statewide effort to help more Wisconsin workers save automatically and successfully through their paycheck.
Wisconsin Saves focuses on the role of small to mid-size employers in promoting the ease and benefits of saving automatically for emergencies to their employees.
This effort is led by Wisconsin State Treasurer Sarah Godlewski; Wisconsin Department of Financial Institutions (DFI) Secretary Kathy Blumenfeld; President and CEO of the Wisconsin Bankers Association Rose Oswald Poels; Wisconsin Women’s Business Initiative Corporation (WWBIC) President Wendy Baumann; and America Saves, the leading national campaign in promoting savings.
Click here to take a look at the stories that have been collected over the years in Wisconsin.
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