Data released by state and federal agencies indicate Wisconsin banks and credit unions are in good financial condition.
According to the Wisconsin Department of Financial Institutions, Wisconsin’s 107 state-chartered credit unions continue to exhibit sound financial performance as of June 30.
At the end of the second quarter, total assets for Wisconsin’s state-chartered credit unions rose to $65.7 billion — an increase of $1.6 billion since year-end 2023.
Over the same period, loans outstanding grew by $570 million, and shares and deposits rose $1.04 billion. This resulted in a decrease in the loan-to-share ratio from 92.4% at year-end 2023 to 91.69%. See more.