Overview
What is Sharon & Crescent United Credit Union?
Sharon & Crescent United Credit Union, located in Sharon, Massachusetts, is a member-owned financial institution with a commitment to delivering excellent financial services to its community. As of December 31, 2021, the credit union managed 26,041 loans worth over $779 million and 138,248 deposit accounts totaling over $1 billion. The organization boasts 1,475 safe deposit boxes. With a focus on providing a comprehensive range of financial services, the Sharon & Crescent United Credit Union strives for financial soundness, convenience, and efficient service, all while maintaining a rewarding and enriching work environment for its employees.
Official website here: www.scucu.com
Is Sharon & Crescent United Credit Union legitimate?
Sharon & Crescent United Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Sharon & Crescent United 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $1,473,614
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,366,959
For more financial information, click here
What is the mission statement of Sharon & Crescent United Credit Union?
Sharon & Crescent United Credit Union is dedicated to offering a comprehensive range of financial services to its community members. Committed to maintaining financial soundness, convenience, and efficient service, the credit union aims to provide these offerings at competitive rates. By prioritizing the needs of its employees, the organization also fosters a challenging, rewarding, and enriching work environment. At the end of 2021, the credit union managed 26,041 ongoing loans worth over $779 million and boasted 138,248 deposit accounts totaling over $1 billion. Furthermore, it provided 1,475 safe deposit boxes to its members.
Official website here: www.scucu.com
Who is the CEO of Sharon & Crescent United Credit Union?
Glenn Parsons is the Chairman of Sharon & Crescent United Credit Union.
Official website here: www.scucu.com
What is the revenue of Sharon & Crescent United Credit Union?
Sharon & Crescent United Credit Union's revenue in 2021 was $40,886,511.
Official website here: www.scucu.com
Who are the executives of Sharon & Crescent United Credit Union and what are their salaries?
The average compensation at Sharon & Crescent United Credit Union during 2021 was $52,370. There are 207 employees and 16 volunteers at Sharon & Crescent United Credit Union.
Here are 24 key members and their salaries:
- James L Carlson (President/Cfo) [Trustee/Director]
- Robert W Gustafson (Executive Vp)
- David Cox (Former Cfo/Treasurer)
- Linda Fountain (Chief Lending Officer)
- Paul Pijanowski (Svp Information Technology)
- Maureen Gregory (Chief Retail Officer)
- Mark Hennessy (Svp Consumer Lending)
- Cheryl Mccormick (Svp Commercial Lending)
- Glenn Parsons (Chairman) [Trustee/Director]
- James Mihos (Director)
- Howard Spiller (Vice Chairman) [Trustee/Director]
- Andrew Mccormack (Director)
- Ron Betchel (Director)
- Arthur Sullivan (Director)
- David Goodman (Director)
- Alfred Niccoli (Director)
- Lawrence Green (Director)
- David Doucette (Director)
- William Mcintosh (Director)
- Carl Huerth (Director)
- John Kolentsas (Director)
- Anne Carney (Secretary) [Trustee/Director]
- William Keating (Director)
- William Rosa (Director)
Official website here: www.scucu.com
Where can I find the form 990 for Sharon & Crescent United Credit Union?
The Sharon & Crescent United Credit Union’s most recent form 990 was submitted in 2021 and can be accessed here
Official website here: www.scucu.com
Learn more at the official website: www.scucu.com
Mission Statement of Sharon & Crescent United Credit Union
Sharon & Crescent United Credit Union, a member-owned organization, is dedicated to delivering a comprehensive suite of financial services to its community members. With a strong emphasis on financial soundness, convenience, and efficient, friendly service, the credit union aims to provide superior financial solutions to its members at competitive rates.
At the heart of Sharon & Crescent United Credit Union's mission lies the commitment to offer a full range of financial services that cater to the diverse needs of its members. The organization boasts impressive figures, with 26,041 loans outstanding totaling $779,375,808 and 138,248 deposit accounts worth $1,043,434,519. Furthermore, 1,475 safe deposit boxes are available for member use, adding an extra layer of security and peace of mind.
Sharon & Crescent United Credit Union is more than just a financial institution; it's a challenging, rewarding, and enriching environment for all employees. The team is dedicated to maintaining an employee-friendly atmosphere while providing members with unparalleled financial services. By combining the benefits of being a member-owned organization with the goal of financial soundness, convenience, and exceptional service, Sharon & Crescent United Credit Union has carved out a distinctive space in the financial sector.
Impact
This information is meant to be a general summary of Sharon & Crescent United Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Sharon & Crescent United Credit Union's impact is seen in its commitment to providing a full range of financial services to its members and the community. As a member-owned organization, the credit union focuses on delivering superior financial services while emphasizing financial soundness, convenience, and efficient-friendly service. With 26,041 outstanding loans totaling $779,375,808, 138,248 deposit accounts totaling $1,043,434,519, and 1,475 safe deposit boxes as of December 31, 2021, the credit union plays a significant role in meeting the financial needs of its members in Sharon, MA. Its dedication to maintaining a challenging, rewarding, and enriching environment for all employees further enhances its positive impact as a public benefit organization.
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 2021.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$32,733,178
FEE INCOME
Revenue
$6,051,425
Organization Details
Founding Year
1956
Phone
(781) 784-7725
Principal Officer
Glenn Parsons
Main Address
30 POND ST, SHARON, MA, 02067
Website
www.scucu.com
NTEE Category
Code: W60 - Public benefit
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