SOUTHERN LAKES Credit Union Profile

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SOUTHERN LAKES

Charter #66707 | NCUA Region 3 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (262) 694-1600

Fax: (262) 694-5546

Founding Date: N/A

Website: https://www.southernlakescu.org

Personnel & Operations

President: Morrissey, John

Manager: Lyon, John

FT Employees: 27

PT Employees: 8

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 3

Hours: MONDAY - THURSDAY: DRIVE THRU 7:00AM - 5:00

Credit Union Profile Summary

SOUTHERN LAKES is a FISCU Credit Union. With a total of 9,857 members [1], this institution manages approximately $107,789,813 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 9.64% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 2.84% [1].

Financial Snapshot

Total Assets [1]
$107,789,813

Total economic resources.

Total Loans [1]
$71,718,822

Total value of outstanding loans.

Total Deposits [1]
$96,919,612

Total funds deposited by members.

Members [1]
9,857

Number of active members.

Performance Ratios

Net Worth Ratio [1]
9.64%

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]
0.46%

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

Loan-to-Share Ratio [1]
74.00%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 2.49%

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

Loan Growth (4Q) [1]
↑ 2.84%

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

Member Growth (4Q) [1]
↓ -1.96%

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

Headquarters Location & Map

Headquarters Address

3000 80TH ST

KENOSHA, WI, 53142
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 3 branches reported by SOUTHERN LAKES (Charter #66707).

Main Office

80th Street Main Office

Type: Corporate Office

3000 80th St

Kenosha, WI 53142

Phone: (262) 694-1600

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Elkhorn

Elkhorn

Type: Branch Office

17 N Washington St

Elkhorn, WI 53121

Phone: (262) 723-4888

Services: Member Services, ATM, Drive-Thru

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Kenosha

60th Street

Type: Branch Office

5001 60th St

Kenosha, WI 53144

Phone: (262) 694-1600

Services: Member Services, ATM, Drive-Thru

Open in Directions