Overview
What is University Credit Union?
University Credit Union is a nonprofit financial institution located at 15 Main Street, Orono, ME 04473, with a membership base of over 28,000 individuals as of December 2022. This credit union is dedicated to promoting financial well-being within the community, as stated in its mission. With a team of 113 employees, University Credit Union offers its members a wide range of affordable financial services that cater to their needs. Its primary goal is to ensure access to high-quality, low-cost services for its members.
Official website here: www.ucumaine.com
What do the Facebook reviews say about University Credit Union?
92% of 44 reviewers on Facebook recommend University Credit Union. Here is a summary of their reviews:
Many clients express their appreciation for the helpfulness and expertise of the staff, particularly highlighting specific team members like Kyle Rucker, who received praise for guiding clients through the home-buying process with clarity and support. Reviewers commend the personalized service and effective communication, indicating a strong level of trust and satisfaction with their experiences at the credit union.
Overall, the sentiment towards University Credit Union is largely positive, with users feeling that their needs are met and that they receive valuable assistance with their financial decisions. The reviews reflect a community that values the straightforward approach offered by the organization, making it a reliable choice for banking services.
This AI summary has been generated from reviews found on Facebook.
Is University Credit Union legitimate?
University Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. University Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,249,152
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,477,905
For more financial information, click here
Official website here: www.ucumaine.com
What is the mission statement of University Credit Union?
University Credit Union is committed to promoting financial well-being for its members and the larger community. With a membership base of over 28,000 as of December 2022, the credit union offers a wide range of affordable and high-quality financial services to its members. The organization is dedicated to making a positive impact on people's financial lives. It aims to provide accessible and effective financial solutions, empowering individuals to take control of their financial futures. Through its services, the credit union helps members manage their money wisely and securely, enabling them to reach their financial goals. The credit union's mission is to be a trusted and reliable partner in the financial journey of its members, fostering financial literacy and stability.
Official website here: www.ucumaine.com
Who is the CEO of University Credit Union?
Renee Ouellette is the Principal Officer of University Credit Union. The CEO's salary of University Credit Union is $351,591 and their total compensation is $406,128.
Official website here: www.ucumaine.com
What is the revenue of University Credit Union?
University Credit Union's revenue in 2022 was $21,065,584.
Official website here: www.ucumaine.com
Who are the executives of University Credit Union and what are their salaries?
The average compensation at University Credit Union during 2022 was $59,531. There are 113 employees and 9 volunteers at University Credit Union.
Here are 17 key members and their salaries (University Credit Union's CEO's salary is $351,591 and their total compensation is $406,128):
- Compensation: $675
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $351,591
- Related: $0
- Other: $54,537
- Compensation: $213,399
- Related: $0
- Other: $44,409
- Compensation: $177,813
- Related: $0
- Other: $41,672
- Compensation: $161,521
- Related: $0
- Other: $40,099
- Compensation: $151,219
- Related: $0
- Other: $39,698
- Compensation: $139,289
- Related: $0
- Other: $11,885
- Compensation: $136,387
- Related: $0
- Other: $14,987
- Compensation: $134,953
- Related: $0
- Other: $19,587
- Compensation: $125,263
- Related: $0
- Other: $26,491
- Compensation: $119,184
- Related: $0
- Other: $25,046
Official website here: www.ucumaine.com
Where can I find the form 990 for University Credit Union?
University Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ucumaine.com
Learn more at the official website: www.ucumaine.com
Mission Statement of University Credit Union
University Credit Union, with its mission "HERE FOR U - Dedicated to Promote Financial Well-Being for You and Your Community," is committed to making a positive impact on the lives of its members. This credit union is focused on providing accessible financial services that prioritize affordability and quality. With a membership base of over 28,000 individuals as of the end of 2022, University Credit Union offers a wide range of services designed to support the financial well-being of each member.
University Credit Union goes beyond just offering financial products. It is dedicated to fostering a community where members can thrive. By providing low-cost services, the credit union ensures that financial stability is within reach for all its members. This commitment to financial well-being is a testament to the credit union's dedication to its mission and its members.
In practice, University Credit Union strives to be more than just a financial institution. It is a partner in the financial journeys of its members. The credit union's team members are committed to helping members navigate the complexities of personal finance and make informed decisions. Whether it's through personalized advice, educational resources, or innovative solutions, University Credit Union is always looking for ways to add value to its members' lives.
In summary, University Credit Union, with its mission "HERE FOR U - Dedicated to Promote Financial Well-Being for You and Your Community," is more than just a financial institution. It is a dedicated partner in the financial journeys of its members, offering accessible, affordable, and high-quality services to help individuals and families build a solid financial foundation.
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Impact
October, 2024
University Credit Union plays a significant role in promoting financial well-being for its members and the community. With a membership base of 28,401 as of December 31, 2022, the credit union provides access to a wide range of low-cost, high-quality financial services. Located in Orono, Maine, its mission, "Here for U," underscores a commitment to supporting individuals and their financial goals. By focusing on accessible financial resources, University Credit Union enhances the overall economic health of the community, fostering greater financial literacy and stability among its members.
This information is meant to be a general summary of University Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,283,976
- Program Service Revenue: $19,781,608
- Gross Receipts: $27,055,363
Assets and Liabilities:
- Total Assets: $459,586,136
- Total Liabilities: $423,242,537
- Net Assets: $36,343,599
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN/FEE INCOME FROM MEMBERS
Revenue
$15,917,918
CHECK CARD
Revenue
$2,140,128
OVERDRAFT FEES
Revenue
$1,271,284
OTHER INCOME
Revenue
$268,073
ATM FEES
Revenue
$184,205
Organization Details
Founding Year
1967
Phone
(207) 889-8600Principal Officer
Renee Ouellette
Main Address
15 MAIN STREET, ORONO, ME, 04473
Website
www.ucumaine.comNTEE Category
Code: W60 - Public benefit
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