RACINE MUNICIPAL EMPLOYEES Credit Union Profile

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RACINE MUNICIPAL EMPLOYEES

Charter #66622 | NCUA Region 3 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (262) 637-7274

Fax: (262) 637-0491

Founding Date: N/A

Website: https://www.rmecu.org

Personnel & Operations

President: Sharp, Scott

Manager: Christensen-Zabler, Nicole

FT Employees: 4

PT Employees: 2

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 1

Hours: Monday - Wednesday 9:00 am - 5:00 pm Thurs

Credit Union Profile Summary

RACINE MUNICIPAL EMPLOYEES is a FISCU Credit Union. With a total of 1,895 members [1], this institution manages approximately $24,421,545 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 12.4% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -6.00% [1].

Financial Snapshot

Total Assets [1]
$24,421,545

Total economic resources.

Total Loans [1]
$15,085,467

Total value of outstanding loans.

Total Deposits [1]
$21,270,660

Total funds deposited by members.

Members [1]
1,895

Number of active members.

Performance Ratios

Net Worth Ratio [1]
12.4%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.35%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
70.92%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 9.56%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -6.00%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↑ 1.99%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1907 Lathrop Ave

Racine, WI, 53405-3706
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by RACINE MUNICIPAL EMPLOYEES (Charter #66622).

Main Office

Main Office Main Office

Type: Corporate Office

1907 Lathrop Ave

Racine, WI 53405-3706

Phone: (262) 637-7274

Services: Member Services, Drive-Thru

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