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Landmark Credit Union

From Alfawiki
Landmark Credit Union
Company typeCooperative
IndustryFinancial services
PredecessorRex #2 Credit Union
FoundedFebruary 1933; 93 years ago (1933-02)
FounderEmployees of Rex Chainbelt Company
Headquarters
Milwaukee
,
United States
Area served
Southern and Northeastern Wisconsin; Lake and McHenry Counties, Illinois
ProductsSavings accounts, checking accounts, mortgages, investments
Websitewww.landmarkcu.com

Landmark Credit Union is a cooperative financial institution headquartered in Southern Wisconsin, owned and governed by its members. It provides a variety of banking services such as savings accounts, checking accounts, mortgages, and investments.

History

The credit union was originally established in February 1933 by employees of the Rex Chainbelt Company under the name Rex #2 Credit Union. Over time, it underwent several name changes, becoming Chabelco Credit Union and later Rexnord Credit Union. In 1985, the organization broadened its membership to include individuals living and working throughout the greater Milwaukee region, leading to its current designation as Landmark Credit Union.

Currently, Landmark maintains more than 30 branch locations and manages assets exceeding $5 billion. Its service area encompasses Southern and Northeastern Wisconsin as well as Lake and McHenry Counties in Illinois.

Mergers and Acquisitions

Landmark Credit Union has grown significantly through numerous mergers over the years. Notable consolidations include Hartford Savings Bank, Badger Campus Credit Union, and Dodge Central Credit Union in 2013; Horizon Credit Union, Co-operative Credit Union, People's Credit Union, and American Credit Union in 2012; Lifetime Credit Union, Allco Credit Union, and First Security Credit Union in 2009; WISCOR Credit Union in 2008; Belle City Credit Union in 2007; County Wide Credit Union in 2000; CityFirst Credit Union in 1998; Waukesha Credit Union in 1989; Brookfield Metco Community Credit Union in 1988; New Berlin Industrial Credit Union in 1987; and Lake Country Credit Union in 1986.

Membership Eligibility

Membership at Landmark is available to individuals residing or employed within Southern and Northeastern Wisconsin as well as Lake and McHenry Counties in Illinois. Eligibility also extends to immediate family members of qualifying individuals. The term immediate family encompasses spouses, parents, children, stepchildren, siblings, stepsiblings, grandparents, grandchildren, stepparents, and stepchildren.

The Wisconsin counties included are: Brown, Calumet, Columbia, Dane, Dodge, Fond du Lac, Green, Green Lake, Iowa, Jefferson, Kenosha, Manitowoc, Marquette, Milwaukee, Outagamie, Ozaukee, Racine, Rock, Sheboygan, Walworth, Washington, Waukesha, Winnebago, Adams, Door, Grant, Juneau, Kewaunee, Lafayette, Oconto, Richland, Sauk, Shawano, Waupaca, and Waushara.

In Illinois, eligibility covers McHenry and Lake Counties.

References