EIN 39-0671465

UW Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
1,131
Year formed
1931
Most recent tax filings
2022-12-01
Description
The mission of the University of Wisconsin Credit Union (uwcu) is to encourage thrift among its members, to create a source of Credit at a fair and reasonable rate of interest, to provide an opportunity for its members to improve their economic and so...
Related structure
UW Credit Union is a child organization, under an unknown parent.
Also known as...
University of Wisconsin Credit Union
Total revenues
$206,656,356
2022
Total expenses
$183,972,968
2022
Total assets
$5,145,209,271
2022
Num. employees
1,131
2022

Program areas at UW Credit Union

Uwcu extended more than $1.1 billion in consumer Credit - enabling members to continue building their lives through home improvements, reliable vehicles, continuing education and much more. When higher mortgage rates impacted first-time homebuyers, we offered adjustable-rate loans, with initial rates fixed for as long as 15 years, so buyers could close on their homes with the assurance of future flexibility.
Uwcu continues to focus on delivering financial services in a trustworthy manner. Uwcu continues to provide Credit consultation services, which is a free service that benefits any member. Members can meet with a financial specialist to review their Credit report, better understand their Credit score, or research options to lower rates on existing loans. Uwcu offers a student loan refinance product which allows members to refinance multiple loans into one with a low rate and one easy payment. Uwcu offers low-limit, low-rate Credit cards for young adults to help them build their Credit responsibility, and affordable no annual fee secured Credit cards for members who need to repair their Credit. Uwcu offers an overdraft line-of-credit protection with no annual fee. Members have access to their Credit scores through web branch.
In 2022, uwcu welcomed 18,436 new members and opened 17,680 new checking accounts. The Credit Union's honest and straightforward business practices continue to drive membership and relationship growth. At the end of 2022, uwcu served over 328,000 members and over 261,000 checking accounts.

Grants made by UW Credit Union

GranteeGrant descriptionAmount
Madison Community FoundationCommunity Outreach$500,000
United Way of Dane CountyCommunity Outreach$157,559
Wisconsin Foundation and Alumni Association (UWF)Community Outreach$67,500
...and 3 more grants made

Personnel at UW Credit Union

NameTitleCompensation
Paul KundertPresident and Chief Executive Officer$1,006,369
Rob van NevelExecutive Vice President and Chief Operating Officer$482,668
Brad McClainExecutive Vice President and Chief Financial Officer$499,518
Anne NormanSenior Vice President and Chief Marketing Officer$324,398
Ralph BuellingSenior Vice President and Chief Information Officer$408,387
...and 16 more key personnel

Financials for UW Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$180,761,273
Investment income and dividends$19,650,745
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$112,817
Net gain from sale of non-inventory assets$6,131,521
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$206,656,356

Form 990s for UW Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-26990View PDF
2021-122022-10-11990View PDF
2020-122021-10-14990View PDF
2019-122021-06-08990View PDF
2018-122020-01-10990View PDF
...and 10 more Form 990s

Organizations like UW Credit Union

OrganizationLocationRevenue
Fox Communities Credit Union (FOXCU)Appleton, WI$104,390,989
Summit Credit UnionMadison, WI$231,091,693
Landmark Credit UnionNew Berlin, WI$253,257,967
Connexus Credit UnionWausau, WI$328,557,164
Royal Credit Union (RCU)Eau Claire, WI$198,876,123
Capital Credit UnionGreen Bay, WI$96,768,342
CoVantage Credit UnionAntigo, WI$121,730,079
Marine Credit UnionLa Crosse, WI$77,409,562
Verve Credit UnionOshkosh, WI$63,522,788
Community First Credit UnionAppleton, WI$189,052,954
Data update history
December 5, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 4, 2023
Updated personnel
Identified 3 new personnel
November 28, 2023
Used new vendors
Identified 1 new vendor, including
August 11, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 4, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
3500 University Ave
Madison, WI 53705
Metro area
Madison, WI
County
Dane County, WI
Website URL
uwcu.org/ 
Phone
(608) 232-5000
IRS details
EIN
39-0671465
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1931
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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