98% OF WISCONSIN’S CREDIT UNIONS ARE CHARTERED UNDER WISCONSIN LAW, AND THEIR STATUTORY MISSION IS SOLELY TO SERVE THEIR MEMBERS.
Specifically, to:
“Encourage thrift among its members, create a source of credit at a fair and reasonable cost, and provide an opportunity for its members to improve their economic and social conditions.”
– Wis. Stats. § 186.01(2)
IN 2020, CREDIT UNIONS HELPED MEMBERS SAVE:
KEPT $328.8 MILLION IN MEMBERS' POCKETS
"WE'RE LOCALLY FOCUSED, AND LOCALLY OWNED, SO THAT MONEY STAYS RIGHT HERE." - CATHIE
CREDIT UNIONS CRITICAL DURING COVID-19:
Whether it’s helping a member escape predatory lending, rebuild credit, weather an illness, save for a home,
or simply be given a second chance, credit unions are uniquely equipped to provide a lifeline when other financial
institutions can’t or won’t.
WISCONSIN'S CREDIT UNIONS PUT PEOPLE BEFORE PROFIT:
Numbers courtesy of CUNA Economics & Statistics, 2020 Survey of Wisconsin Credit Union League Members, National Credit Union Administration 5300 Call Report Data, and Co-op Financial Services.