74th Annual Meeting
March 7, 2025
Taylor Credit Union held its 74th annual meeting on Saturday, March 1, 2025 at the Centennial Community Center in Stetsonville, with 97 registered members in attendance.
Chairman Mike Handel reported that at the end of 2024 the credit union’s assets were $81,962,848 and that loans were $49,169,135. There are now 7,452 members who have a total savings of $73,338,146. Member savings are federally insured up to $250,000 by the National Credit Union Administration. Chairman Handel noted that the credit union has a strong net worth of 9.90%. Taylor Credit Union’s field of membership is open to “everyone residing or employed within Taylor, Clark, Price, Lincoln and Marathon counties and a 25-mile radius of the City of Medford.” He highlighted the partnership to add investment services for the members and other product changes. He encouraged members to open a Saver’s Sweepstakes® savings account which awards money through monthly, quarterly and statewide cash prize drawings.
President Dan Krause spoke about the fraud and scam handout, included with the annual report. The handout addressed tips of what not to do and examples of scams with red flag warnings to watch for. He shared that the credit union’s 9th Annual “March Into Reading” event had kicked off this month to support the Taylor County Literacy Council. He thanked the members for their loyalty to the credit union.
The Nominating Committee presented the three nominees for the Board of Directors. A unanimous ballot was approved to elect Mike Handel, Gary Kohn and Kelly Emstrom as directors of Taylor Credit Union.
Special guest speakers Senator Jesse James, Representative Karen Hurd and Representative Rob Summerfield addressed the membership.
Informational booths were on display for the membership pertaining to Financial Elder Abuse; Home Loan, Certificate, and Credit Card Promotions; and our “March Into Reading” campaign. Lunch was served and enjoyed by those in attendance.
Taylor Credit Union Contributes to Rib Lake Band Shell Project
September 27, 2024
Taylor Credit Union is excited for the future of Rib Lake and made a donation towards the new band shell project. Friends of Rib Lake have been fundraising towards their goal of a band shell in Rib Lake. Their mission is to help revitalize and promote the opportunities and small town atmosphere Rib Lake has to offer. The band shell is planned to be located in the Ice Age Park and serve as a dedicated space for outdoor concerts, performances, community events, and more.
Taylor Credit Union Food Drive with WAOW News 9
July 23, 2024
Thank you to our members and community for donating food to the News 9 WAOW Food Drive this past couple of weeks! Together, we collected over 470 pounds of food and $360 in cash donations to help families in Taylor County. All food collected went to ICAA-Taylor County.
Taylor Credit Union Employee’s Give Back
May 20, 2024
Huey's Hideaway Children's Museum is needing a new roof for their building and our Medford MSR's wanted to contribute towards their goal with a donation from the Taylor Credit Union Denim Dollars Employee fund. Each quarter, a different department gets to choose where they would like to contribute money. It's their way of making a difference and giving back to the communities we serve in exchange to wear jeans on Fridays.
Taylor Credit Union’s March Into Reading Raises $2,200 for the Taylor County Literacy Council
April 30, 2024
Thank you to all of our members who helped us in supporting literacy among all ages through our annual March Into Reading fundraiser! Together, we were able to raise $2,200 for the Taylor County Literacy Council. These monies will support literacy programs around Taylor County including their Little Free Libraries, mental health awareness and resources, free book & movie events, family literacy and game nights, and more!
Taylor Credit Union Welcomes Dan Krause as President/CEO
March 7, 2024
Medford, WI – Taylor Credit Union is excited to introduce Dan Krause as their President/CEO successor to Debbie Woods who retired after serving 24 years with the credit union. A native of Westboro, WI, Krause is a graduate of UW-Eau Claire and the Graduate School of Banking at UW-Madison. Dan brings over three decades of local financial experience in Taylor, Clark, Price, Marathon and adjoining markets to his new leadership role.
Outside his daily routine, Krause serves as a board member and executive committee member on the Clark County Economic Development and Tourism Bureau, a member of the Clark County Revolving Loan Fund committee, volunteer with the Taylor County 4-H Youth Leadership Organization, and a member of the Village of Dorchester planning commission. His family is also active in various community organizations along with school sports and extracurriculars.
“Dan’s extensive 30-year background in finance and his strong local connections within the communities we serve, will be beneficial to him in this new leadership role,” said Mike Handel, board chairman of Taylor Credit Union.
With a focus on the financial well-being of our members, Taylor Credit Union offers a wide array of competitive financial services to individuals and businesses including, personal, home and land loans, auto and recreational vehicle loans, and agriculture and business loans.
Dan states, “I am honored to work with a great team focused on member needs and service. Our wide array of portfolio home loans and personal loans meet a need in the communities we serve.”
Taylor Credit Union is a community financial cooperative serving members living and working in Taylor, Clark, Price, Lincoln, and Marathon Counties with their main office in Medford and a branch in Abbotsford.
Taylor Credit Union & Elan Donate to Neighbor to Neighbor of Taylor County
January 24, 2024
Medford, WI – Taylor Credit Union, in partnership with Elan Credit Cards and Elan Charitable Giving Program, is excited to announce a $12,500 donation to Neighbor to Neighbor of Taylor County.
Taylor Credit Union was one of a select number of credit unions across the country to choose a charity that would receive this donation in partnership with Elan Charitable Giving Program. Neighbor to Neighbor of Taylor County provides in-home modifications for Taylor County homeowners to remain safely in their home. This donation will allow Neighbor to Neighbor of Taylor County to build their inventory of reusable ramps to provide homeowners a safe entrance into and exit from their home.
“It is great to be able to present Neighbor to Neighbor with this donation as their services allow Taylor County residents the ability to stay in their own home while recovering from a medical situation,” said Tony Meyer, Taylor Credit Union Marketing Coordinator.
To learn more about the impact Elan is making in its partner's communities through its charitable giving initiative, visit Elan Charitable Giving Press Release.