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Landmark Credit Union is an American
credit union A credit union is a member-owned nonprofit organization, nonprofit cooperative financial institution. They may offer financial services equivalent to those of commercial banks, such as share accounts (savings accounts), share draft accounts (che ...
providing banking services in Southern Wisconsin. It operates as a cooperative and is owned by its members. Landmark provides banking services including,
savings accounts A savings account is a bank account at a retail bank. Common features include a limited number of withdrawals, a lack of cheque and linked debit card facilities, limited transfer options and the inability to be overdrawn. Traditionally, transact ...
,
checking accounts A transaction account (also called a checking account, cheque account, chequing account, current account, demand deposit account, or share account at credit unions) is a deposit account or bank account held at a bank or other financial instituti ...
,
mortgages A mortgage loan or simply mortgage (), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any pur ...
and
investments Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broade ...
.


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 Milwaukee is the List of cities in Wisconsin, most populous city in the U.S. state of Wisconsin. Located on the western shore of Lake Michigan, it is the List of United States cities by population, 31st-most populous city in the United States ...
area. This event prompted the name change to Landmark Credit Union. Landmark has grown to more than 30 branches and has over $5 billion in total assets. 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, Badger Campus Credit Union, Dodge Central Credit Union (2013); Horizon Credit Union, Co-operative Credit Union, People's Credit Union, American Credit Union (2012); Lifetime Credit Union, Allco Credit Union, First Security Credit Union (2009), WISCOR Credit Union (2008); 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 and Northeastern Wisconsin, plus Lake and McHenry Counties in Illinois, as well as immediate family members of all individuals eligible for membership. Immediate family is defined as spouse, parent, child, stepchild, sibling, stepsibling, grandparent or grandchild. This also includes stepparents and stepchildren. Wisconsin 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, Adams County, Door County, Grant County, Juneau County, Kewaunee County, Lafayette County, Oconto County, Richland County, Sauk County, Shawano County, Waupaca County, Waushara County. Northeastern Illinois Counties: McHenry County, Lake County.


References

{{Reflist Credit unions based in Wisconsin Banks established in 1933 Companies based in Milwaukee 1933 establishments in Wisconsin Financial services companies of the United States Banks based in Wisconsin Financial services Companies established in 1933 Financial services companies established in 1933