2024-05-13T09:05:49-04:00 2023-12-31 371144423 ARNOLD BEHRENS NESBIT GRAY PC 901 HAMPSHIRE ST QUINCY IL 62301 990 2023-01-01 370818194 WESTERN IL SCHOOL EMPLOYEES CU WEST 2172242091 1416 MAINE QUINCY IL 62301 AMANDA SPARKS PRESIDENT 2172242091 2024-05-02 true AMANDA SPARKS 999009999 true ROBERT G GRAY P00004729 2172247500 2024-05-02 2023 2023-04-26 12:10:37Z KATHY GERECKE 945343 false X WWW.WISECU.COM X 1936 IL TO PROVIDE HIGH-QUALITY FINANCIAL SERVICES TO OUR MEMBERS/OWNERS AND ENHANCE THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION. 13 12 4 12 0 0 429136 670727 118857 249781 20018 24835 568011 945343 0 0 169577 213859 0 0 293722 621152 463299 835011 104712 110332 23388287 22810370 19909280 19203413 3479007 3606957 X TO PROVIDE HIGH-QUALITY FINANCIAL SERVICES TO OUR MEMBERS/OWNERS AND ENHANCE THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION. false false 835011 670727 PROVIDES FINANCIAL AND FINANCIALLY-RELATED SERVICES TO 1,712 MEMBERS. PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2023, THERE WERE 1,364 LOANS OUTSTANDING TOTALING 17,535,809. PAID DIVIDENDS ON MEMBER DEPOSITS TOTALED 467,367 FOR THE YEAR. 835011 false false false false false false false false false true true 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 4 true false false false false false false false false X 13 12 false false false false true true false true true false false false false false false true false false X KATHRYN COX 2172242091 1416 MAINE QUINCY IL 62301 KATHRYN COX PRES/TREAS 35.00 X X 75214 0 0 SHARON AUSMUS CREDIT COMM 0.50 X 0 0 0 JOSHUA BRUECK MEMBERSHIP C 0.50 X 0 0 0 TRACY BUGH CREDIT COMM. 0.50 X 0 0 0 CHERYL DREASLER SUPERVISORY 0.50 X 0 0 0 NICOLE FINNEY SECRETARY 0.50 X X 0 0 0 SHELLEY FLESNER CHAIR CREDIT X X 0 0 0 BRAD FUNKENBUSCH SUPERVISORY 0.50 X 0 0 0 KATHY GERECKE SUPERVISORY 0.50 X 0 0 0 GEORGE MCDONNELL CREDIT COMM 0.50 X 0 0 0 JENNIFER SCOTT VICE CHAIRWO 0.50 X X 0 0 0 AMANDA SPARKS PRESIDENT 35.00 X X 0 0 0 KRISTA TENHOUSE CREDIT COMM. 0.50 X 0 0 0 GINA WHELAN CREDIT COMM. 0.50 X 0 0 0 75214 false false false X INTEREST ON LOANS 506115 506115 INTEREST ON LOANS - CULS 156840 156840 LATE FEES ON LOANS 4504 4504 GAP INSURANCE INCOME 3202 3202 ENTRANCE FEES & FINE 66 66 670727 249781 249781 OTHER INCOME 24835 24835 24835 945343 695562 249781 75213 108277 15663 14706 1593 12000 300 4456 25464 3640 16504 13359 DIVIDEND EXPENSE 467367 PROVISION FOR LOAN LOSS - 21015 ASSOCIATION DUES 17058 DFI ADMINISTRATION FEE 12086 26310 835011 0 0 0 X 284080 143679 3377406 954228 74763 74763 67733 121845 13113422 17535809 92245 185096 191663 24565 2493 167098 6132000 3370000 244145 257852 23388287 22810370 96357 299517 19812923 18903896 19909280 19203413 X 3479007 3606957 3479007 3606957 23388287 22810370 X 110332 17618 X X false false 191663 24565 167098 167098 SHORT-TERM INVESTMENTS 3370000 C 3370000 SHARES 18903896 18903896 FORM 990, PAGE 1, PART I, LINE 6 THE MEMBERS OF THE CREDIT UNION'S BOARD DONATE THEIR TIME TO SERVE ON THE BOARD. THE BOARD MEMBERS ATTEND MONTHLY MEETINGS AND PERFORM PROCEDURES TO CHECK DIFFERENT ASPECTS OF THE CREDIT UNION'S DAILY ACTIVITIES, IE INSPECT LOAN FILES, CHECK BANK RECONCILIATIONS, ETC. FORM 990, PART III LINE 4A TOTAL LOANS IN THIS SECTION ARE PRESENTED AT 17,640,361 WHICH IS THE GROSS AMOUNT. THIS NUMBER DIFFERS FROM PART X WHICH HAS LOANS PRESENTED AS 17,535,809 WHICH IS THE NET NUMBER INCLUDING AN ALLOWANCE FOR LOAN LOSSES OF (104,552). FORM 990, PAGE 6, PART VI, LINE 6 YES. THE ORGANIZATION IS A MEMBER-OWNED CREDIT UNION. THE MEMBERS HAVE AN ANNUAL MEETING AND THE BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A YES. THE ORGANIZATION IS A MEMBER-OWNED CREDIT UNION. THE MEMBERS HAVE AN ANNUAL MEETING AND THE BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B TREASURER MAKES THE ANNUAL RETURN AVAILABLE TO ALL BOARD MEMBERS TO REVIEW. FORM 990, PAGE 6, PART VI, LINE 15A EXECUTIVE COMMITTEE MEETS AND REVIEWS PRES/TREASURER'S PERFORMANCE. THEY PUT TOGETHER A PROPOSAL FOR THE BOARD TO REVIEW AND BOARD REVIEWS AND APPROVES THE PROPOSAL. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 CECL ADJUSTMENT 17,618 FORM 990, PART XII LINE 2B THE CREDIT UNION RECEIVED AN INDEPENDENT AUDIT, BUT IT WAS AS OF A FISCAL YEAR-END THAT DID NOT MATCH ITS TAX YEAR-END.