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Letters of Credit

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Letters of Credit can be issued to help you conduct business transactions with domestic companies and governmental units or to support performance requirements. 

Term loans written to back the purpose of the letter of credit can be secured or unsecured.

For more information or to schedule an appointment, please contact Jim Peterson at (715) 398-8924 or Stacey Johnson at (715) 398-8908.  You must also complete the business loan application either by filling it out before you come into the office or at the office.  If you are ready to apply, you will need to bring in the following:

Business information:

  • Federal tax returns and all supporting schedules for the last three years and/or
  • Year-end financial statements for the last three years
  • Interim financial statements, if available
  • Annual budgets or yearly projections, if completed.

Personal information:

  • Current personal financial statement from each owner/shareholder
  • Most recent year income tax returns from each owner/shareholder

Equal Housing OpportunityYour savings is federally insured to at least $250, 000 and backed by the full faith and credit of the United States Government, National Credit Union Administration, a U.S. Government Agency. We are Equal Housing Opportunity.National Credit Union Administration