Kenosha City Employees Credit Union

The Kenosha City Employees Credit Union was a nonprofit cooperative financial institution serving employees of the City of Kenosha. As a credit union, it was member-owned and operated under a model designed to provide financial services to its members.

History

The specific details about the founding and early operations of the Kenosha City Employees Credit Union are not well-documented in available sources. However, it is known to have operated within the Kenosha area, primarily serving city employees.

Merger with Blackhawk Community Credit Union

In 2017, the Kenosha City Employees Credit Union merged with Blackhawk Community Credit Union, alongside the County Credit Union. This merger allowed for expanded services and resources for its members, integrating them into Blackhawk's network.

Closure and Branch Status

Following the merger, the branch located inside the municipal building was permanently closed. However, members found continued service through Blackhawk Community Credit Union's full-service branch in Kenosha, which offered a range of financial services and technology solutions[5].

Financial Services

While specific financial figures such as assets and membership size are not detailed, the credit union provided typical services including deposit accounts, loans, and other financial products tailored to the needs of its membership.

Purpose and Impact

The Kenosha City Employees Credit Union was part of the broader credit union philosophy of "people helping people," focusing on improving the financial well-being of its members through cooperative principles.

Legacy

After its merger, the legacy of the Kenosha City Employees Credit Union lives on as part of Blackhawk Community Credit Union, continuing to serve the Kenosha community with an emphasis on financial stability and member benefit.

[1] https://www.southernlakescu.org/about-us/ [2] https://www.southernlakescu.org/wp-content/uploads/SLCU-Annual-Report-2020.pdf [3] https://www.bhccu.org/about-us/our-history [4] https://ncua.gov/newsroom/press-release/2012/m-community-credit-union-purchased-trustone-financial-federal-credit-union [5] https://www.bhccu.org/kenosha-city-employees-credit-union-and-kenosha-county-credit-union