UNIVERSITY OF WISCONSIN CREDIT UNION
3500 University Ave, Madison, WI 53705 www.uwcu.org

Total Revenue
$150,872,115
Total Expenses
$112,814,640
Net Assets
$284,532,597

Organizations Filed Purposes: The mission of 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 social conditions and to perform the functions and exercise the powers designated for credit unions under applicable law.

The University of Wisconsin Credit Union is a federally insured financial institution that provides consumer financial products and services to meet the money management goals of its members.

UWCU is one of Wisconsin's fastest-growing home purchase financing lenders and falls within the top ten in Wisconsin among all mortgage lenders. UWCU assisted over 3,000 households who purchased or refinanced homes. The credit union continues to be a resource for first time home buyers offering educational seminars to potential home buyers and a $1,000 closing costs offer for first time home buyers. UWCU continued to be a top educational lender in 2018 and offered both fixed and variable rate Private Student Loans. UWCU refinanced over $29 million in student loans, lowering members' rates.

In 2018, UWCU welcomed 34,610 new members and opened 25,586 new checking accounts. The Credit Union's honest and straightforward business practices continue to drive membership and relationship growth. At the end of 2018, UWCU served over 259,000 members and nearly 202,000 checking accounts.

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 responsibly, 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 free access to their credit scores through Web Branch.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Paul KundertPresident/CEO45$2,088,585
Brad McclainExec VP/CFO45$370,589
Rob Van NevelExec VP & CMSO45$292,201
Mike LongExec VP/CCO45$287,529
Lee WiersmaExec VP/CHRO45$248,611
Teodor TrandafirDirector of Investment Services45$234,110
Greg YelkVice President of Information Technology45$229,012
Jonathan BundyCLO/Asst. Corp. Secretary45$227,841
Jeremy MarshallFinancial Consultant II45$209,201
Julio RiosVice President of Mortgage Lending45$206,005
David MickelsonVice President of Member Service Operations and Card Programs45$203,644
Eric BangerterVP of E-Commerce45$200,802
Glen SpaethVP & Controller45$195,858
Jason FeistVP Member Sales and Services45$195,357
Matthew RuppeInvestment Services Program Manager45$173,797
Shenita BrokenburrDirector2$900
Jeffrey RussellDirector2$900
Kelly WilsonDirector - Treasurer3$900
Marion BrownDirector-Secretary3$900
Yvonne EversDirector-Vice Chair3$900
Steven RickDirector-Chair3$900
Michael CarrDirector2$675
Frank HumphreyDirector (Partial year to April 2018)2$0
Frank HumphreyDirector (Partial to April 2018)2$0
Michael CollinsDirector (Partial starting April 2018)2$0
Phyllis KingDirector2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201943059349302054_public.xml