Cloverbelt Credit Union

Overview

Cloverbelt Credit Union is a financial cooperative based in Wausau, Wisconsin. It offers a variety of financial services, including loans, mortgages, savings accounts, and credit cards. The organization is designed to serve its members with cost-effective and member-centric banking solutions.

History and Operations

Cloverbelt Credit Union operates as a not-for-profit entity, focusing on enhancing financial wellness for its members. However, recent reports indicate that the organization may have merged with another entity or ceased operations, as it has not appeared on the IRS Business Master File in a number of months[3].

Facilities

The headquarters of Cloverbelt Credit Union is a significant facility located in Wausau. It was designed and built to meet the needs of both staff and members, emphasizing functionality and efficiency while maintaining a welcoming environment. The building includes spaces for teller operations, membership services, an expanded loan department, administrative offices, training rooms, and storage areas[5].

Financial Services

• Loans: Offers various loan options, including construction loans for projects like barndominiums and financing for land purchases.
• Mortgages: Provides mortgage services, facilitating homeownership for its members.
• Savings and Credit Cards: Offers traditional banking products to help members manage their finances effectively[2].

Mission and Values

While specific details about its mission and values are not readily available, as a credit union, Cloverbelt likely prioritizes member satisfaction, financial literacy, and community support, typical of cooperative financial institutions. However, it is crucial to note that recent activity may indicate a change in operational status[3].