Overview
What is Greater Springfield Credit Union?
Greater Springfield Credit Union is a member-focused financial institution situated in Springfield, offering a congenial environment for its members to manage their finances. They provide fair interest rates on savings, loans, and various financial services, expanding their offerings as needed. The credit union's mission is to create an inviting atmosphere that encourages members to engage in their financial affairs with confidence.
Official website here: www.grscu.org
What do the Facebook reviews say about Greater Springfield Credit Union?
94% of 7 reviewers on Facebook recommend Greater Springfield Credit Union. Here is a summary of their reviews:
Many customers express a strong sense of loyalty and appreciation for the credit union, highlighting long-term relationships with staff members. One reviewer noted how much the team, especially Beverly and Laura, has been a part of their life since childhood, suggesting a welcoming and supportive environment.
Overall, the feedback reflects a positive sentiment, indicating that members feel valued and have had consistently good experiences with the services offered by the credit union. The emphasis on personal connections suggests that Greater Springfield Credit Union not only fulfills financial needs but also fosters a sense of community and trust among its members.
This AI summary has been generated from reviews found on Facebook.
Is Greater Springfield Credit Union legitimate?
Greater Springfield Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Greater Springfield 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: $152,887
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,106,813
For more financial information, click here
Official website here: www.grscu.org
What is the mission statement of Greater Springfield Credit Union?
The Greater Springfield Credit Union's mission is centered around providing a congenial environment for its members, enabling them to manage their financial affairs. This includes offering competitive rates for savings, loans, and other financial services as they become available. The credit union's primary goal is to ensure fairness in its offerings, aiming to cater to the financial needs of its members in a friendly and supportive manner.
Official website here: www.grscu.org
Who is the CEO of Greater Springfield Credit Union?
Jennifer St Peter is the Chairperson of Greater Springfield Credit Union. The CEO's salary of Greater Springfield Credit Union is $152,887 and their total compensation is $168,287.
Official website here: www.grscu.org
What is the revenue of Greater Springfield Credit Union?
Greater Springfield Credit Union's revenue in 2022 was $6,756,923.
Official website here: www.grscu.org
Who are the executives of Greater Springfield Credit Union and what are their salaries?
The average compensation at Greater Springfield Credit Union during 2022 was $34,992. There are 36 employees and 11 volunteers at Greater Springfield Credit Union.
Here are 11 key members and their salaries (Greater Springfield Credit Union's CEO's salary is $152,887 and their total compensation is $168,287):
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- Compensation: $152,887
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- Other: $15,400
Official website here: www.grscu.org
Where can I find the form 990 for Greater Springfield Credit Union?
Greater Springfield Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.grscu.org
Learn more at the official website: www.grscu.org
Mission Statement of Greater Springfield Credit Union
Greater Springfield Credit Union is dedicated to providing a conducive environment for its members, enabling them to manage their financial affairs effectively. This nonprofit organization strives to offer fair interest rates on savings, loans, and various other services as they become available. Its mission is not just limited to financial services; it also aims to foster a friendly atmosphere where members feel comfortable conducting their financial business.
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Impact
October, 2024
Greater Springfield Credit Union significantly impacts the community by offering a range of financial services that empower its members to manage their finances effectively. By providing fair rates for savings, loans, and other financial services, it fosters economic stability and growth among its members. The emphasis on creating a friendly atmosphere enhances the member experience, encouraging trust and open communication. This supportive environment not only facilitates financial transactions but also strengthens community ties, making Greater Springfield Credit Union a vital resource in Springfield, MA.
This information is meant to be a general summary of Greater Springfield 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: $1,586,613
- Program Service Revenue: $5,102,684
- Gross Receipts: $6,802,480
Assets and Liabilities:
- Total Assets: $247,239,099
- Total Liabilities: $218,282,206
- Net Assets: $28,956,893
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INCOME
Revenue
$3,697,548
MEMBER SERVICE FEES
Revenue
$1,405,136
Organization Details
Founding Year
1927
Phone
(413) 782-3161Principal Officer
Jennifer St Peter
Main Address
1030 WILBRAHAM ROAD, SPRINGFIELD, MA, 011092023
Website
www.grscu.orgNTEE Category
Code: W60 - Public benefit
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