Landmark Credit Union

Landmark Credit Union
Credit Union
Industry Financial Services
Founded Milwaukee, Wisconsin (February 1933 (1933-02))
Headquarters New Berlin, Wisconsin, United States
Number of locations
 31 Branches (2018)
Key people
Products
Total assets
  • $3.8 Billion [2]
Website landmarkcu.com

Landmark Credit Union is a not-for-profit financial cooperative in Southern Wisconsin that is owned by its customer/members.

History

In February 1933, a group of employees at Rex Chainbelt Company (later Rexnord Corporation) pooled their funds together to form Rex #2 Credit Union to provide financial services to Rex Chainbelt Company employees.

Over the years, the credit union changed names (Chabelco Credit Union, Rexnord Credit Union). Then, in 1985, the credit union extended its scope to people living or working within the greater Milwaukee area. This event prompted the name change to Landmark Credit Union.

Landmark has grown to more than 30 branches and has over $3 billion in total assets.[3] It serves those who live and work in Southern and Northeastern Wisconsin, plus Lake and McHenry Counties in Illinois.

Mergers and Acquisitions

Hartford Savings Bank,[4] Badger Campus Credit Union,[5] Dodge Central Credit Union[6] (2013); Horizon Credit Union, Co-operative Credit Union, People's Credit Union, American Credit Union (2012);[7] Lifetime Credit Union, Allco Credit Union, First Security Credit Union (2009), WISCOR Credit Union (2008);[8] Belle City Credit Union (2007); County Wide Credit Union (2000); CityFirst Credit Union (1998); Waukesha Credit Union (1989); Brookfield Metco Community Credit Union (1988); New Berlin Industrial Credit Union (1987); Lake Country Credit Union (1986)

Membership eligibility

Landmark Credit Union serves people living or working in Southern Wisconsin and Northeastern Illinois and their immediate family members.

Southern Wisconsin includes the following counties: Brown County, Calumet County, Columbia County, Dane County, Dodge County, Fond du Lac County, Green County, Green Lake County, Iowa County, Jefferson County, Kenosha County, Manitowoc County, Marquette County, Milwaukee County, Outagamie County, Ozaukee County, Racine County, Rock County, Sheboygan County, Walworth County, Washington County, Waukesha County, Winnebago County

Northeastern Illinois includes the following counties: McHenry County, Lake County

References

  1. ↑ Myriam Digiovanni, "Landmark Credit Union Names Jay Magulski CEO as Ron Kase Retires", Credit Union Times, January 21, 2013
  2. ↑ Paul Gores, "Landmark becomes first Wisconsin credit union to top $3 billion in assets", Milwaukee Journal Sentinel, May 12, 2016
  3. ↑ Paul Gores, "Landmark becomes first Wisconsin credit union to top $3 billion in assets", Milwaukee Journal Sentinel, May 12, 2016
  4. ↑ Peter Strozniak, "Bank Buys Advance", Credit Union Times, March 5, 2014
  5. ↑ Peter Strozniak, "Badger Campus Credit Union to Merge Into Landmark Credit Union", Credit Union Times, January 31, 2013
  6. ↑ Marc Rapport, "Landmark Credit Union Agrees to Merger With Dodge Central Credit Union", Credit Union Times, November 16, 2012
  7. ↑ Paul Gores, "Landmark, 4 credit unions merging", Milwaukee Journal Sentinel, November 30, 2011
  8. ↑ Jim Rubenstein, "Four Small Wisconsin Credit Unions Merged Into Landmark", Credit Union Times, September 9, 2009
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