Overview
What is Metro Credit Union?
Metro Credit Union is a financial institution functioning as a nonprofit organization. Based on the given information, its primary role involves offering loan and deposit products to its members to help them manage their financial needs. Although not explicitly stated, it appears that Metro Credit Union aims to provide these financial services to assist individuals in achieving financial stability and growth. The organization does not disclose specific details regarding its mission, size, or location, but it is known for extending its services to those who register as its members.
Official website here: www.metrocu.org
Is Metro Credit Union legitimate?
Metro Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Metro 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: $3,395,168
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,396,126
For more financial information, click here
Official website here: www.metrocu.org
What is the mission statement of Metro Credit Union?
Metro Credit Union is dedicated to helping its members address their financial requirements through the provision of various loan and deposit products. The organization's primary objective is to assist members in meeting their financial needs. By offering these financial solutions, Metro Credit Union empowers its members to manage their money effectively and reach their financial goals. The credit union does not limit its services to just loans and deposits; it aims to provide a comprehensive range of financial products to cater to the diverse needs of its members. Additionally, Metro Credit Union may offer associated services such as online banking and financial education resources to enhance the value of its offerings.
Official website here: www.metrocu.org
Who is the CEO of Metro Credit Union?
Robert M Cashman is the CEO of Metro Credit Union The CEO's salary of Metro Credit Union is $1,173,494 and their total compensation is $1,223,958.
Official website here: www.metrocu.org
What is the revenue of Metro Credit Union?
Metro Credit Union's revenue in 2023 was $149,461,871.
Official website here: www.metrocu.org
Who are the executives of Metro Credit Union and what are their salaries?
The average compensation at Metro Credit Union during 2023 was $64,317. There are 401 employees and 11 volunteers at Metro Credit Union.
Here are 25 key members and their salaries (Metro Credit Union's CEO's salary is $1,173,494 and their total compensation is $1,223,958):
- Compensation: $1,173,494
- Related: $0
- Other: $50,464
- 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: $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: $262,613
- Related: $0
- Other: $26,586
- Compensation: $241,575
- Related: $0
- Other: $26,156
- Compensation: $239,868
- Related: $0
- Other: $15,751
- Compensation: $415,712
- Related: $0
- Other: $35,890
- Compensation: $332,790
- Related: $0
- Other: $30,869
- Compensation: $242,677
- Related: $0
- Other: $5,100
- Compensation: $200,300
- Related: $0
- Other: $29,786
- Compensation: $286,140
- Related: $0
- Other: $34,213
- Compensation: $232,875
- Related: $0
- Other: $31,540
- Compensation: $304,082
- Related: $0
- Other: $34,523
- Compensation: $206,964
- Related: $0
- Other: $10,963
- Compensation: $191,179
- Related: $0
- Other: $9,494
- Compensation: $183,681
- Related: $0
- Other: $9,396
Official website here: www.metrocu.org
Where can I find the form 990 for Metro Credit Union?
Metro Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.metrocu.org
Learn more at the official website: www.metrocu.org
Mission Statement of Metro Credit Union
Metro Credit Union, a financial institution, is dedicated to helping its members meet their financial needs. Through a range of loan and deposit products, Metro Credit Union assists its members in managing their funds effectively. The organization's mission goes beyond just financial services; it aims to make a positive impact on the lives of its members.
Metro Credit Union's commitment to its members extends beyond providing them with the necessary financial tools. The union serves as a reliable partner in their financial journeys, offering them guidance and support when needed. By prioritizing the financial well-being of its members, Metro Credit Union plays a vital role in helping them navigate through various financial challenges and achieve their financial goals.
In essence, Metro Credit Union is more than just a credit union; it is a trusted ally that empowers its members to make informed financial decisions. Its mission is to provide valuable financial services that cater to the unique needs of each member and contribute to their overall financial stability. By working closely with its members, Metro Credit Union fosters a strong sense of financial security and enables them to build a better future.
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Impact
October, 2024
Metro Credit Union significantly impacts its community by providing a range of loan and deposit products tailored to assist members in meeting their financial needs. Located in Chelsea, MA, it plays a vital role in fostering financial well-being, offering accessible and affordable financial solutions that empower individuals to achieve their goals. By prioritizing the needs of its members, Metro Credit Union helps enhance the economic landscape of the area, promoting better financial literacy and stability among its clientele. Its commitment to supporting the community showcases how financial institutions can contribute positively to public benefit.
This information is meant to be a general summary of Metro 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 2023.
- Investment Income: $9,471,412
- Program Service Revenue: $136,025,065
- Gross Receipts: $149,463,032
Assets and Liabilities:
- Total Assets: $3,156,507,565
- Total Liabilities: $2,917,840,908
- Net Assets: $238,666,657
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME ON LOANS
Revenue
$114,899,168
MEMBER FEES
Revenue
$19,020,308
LOAN FEES
Revenue
$2,105,589
Organization Details
Founding Year
1926
Principal Officer
Robert M Cashman
Website
www.metrocu.orgNTEE Category
Code: W60 - Public benefit
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