Northern Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 150580359 ✦ Watertown, NY ✦ Designated as a 501(c)(14)

Overview

What is Northern Credit Union?

Northern Credit Union is a financial institution based in Watertown, New York, serving an eight-county demographic. Regulated by the NYS Department of Financial Services, they offer a range of low-cost banking products and services, such as online and mobile banking, fee-free access to over 30,000 ATMs, and 5,000+ shared branch locations. Their mission is to empower and provide personalized solutions for their members, enhancing their financial lives. With 192 employees, they offer low-interest loans, competitive dividend rates on checking and investment accounts, and various financial services. Northern Credit Union strives to improve the financial well-being of its members through accessible and customized banking solutions.


Official website here: www.mynorthern.com

Is Northern Credit Union legitimate?

Northern Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Northern 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: $787,206
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,275,486

For more financial information, click here


Official website here: www.mynorthern.com

What is the mission statement of Northern Credit Union?

Northern Credit Union is committed to enhancing the financial lives of those it serves through empowerment and personalized solutions. It offers a range of banking services, including online and mobile banking, access to over 30,000 fee-free ATMs and 5,000+ shared branch locations. Members can benefit from low-interest rate loans, competitive dividend rates on checking and investment accounts, and various financial products and services tailored to help them live their best financial lives. The credit union's mission is overseen by the New York State Department of Financial Services.


Official website here: www.mynorthern.com

Who is the CEO of Northern Credit Union?

Daniel W St Hilaire is the Principal Officer of Northern Credit Union. The CEO's salary of Northern Credit Union is $0 and their total compensation is $0.


Official website here: www.mynorthern.com

What is the revenue of Northern Credit Union?

Northern Credit Union's revenue in 2022 was $33,941,010.


Official website here: www.mynorthern.com

Who are the executives of Northern Credit Union and what are their salaries?

The average compensation at Northern Credit Union during 2022 was $47,202. There are 192 employees and 12 volunteers at Northern Credit Union.

Here are 20 key members and their salaries (Northern Credit Union's CEO's salary is $0 and their total compensation is $0):

    Daniel St Hilaire (Ceo)
  • Compensation: $474,990
  • Related: $0
  • Other: $41,065

    • Nathan Hunter (Cfo)
  • Compensation: $242,355
  • Related: $0
  • Other: $28,797

    • Gary Baker (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $6,050

    • Gary Rowe (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Robbins (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Donaldson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lauren Mccarthy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mitchell Franklin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Perry Mcgrew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Ridsdale (Svp Of Hr/Compliance)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Estal (Vp Lending)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Booth (Vp Of Member Relations)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bonnie Belfield (Vp Of Owner Solutions)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Barlow (Vp Of Commercial & Hl Sales)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Wilton (Avp Of Hr, Training & Compliance)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Woods (Avp Of Finance & Accounting)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lucas St Hilaire (Ito Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eileen Snyder (Accounting Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Gifford (Home Lending Professional)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Gasser (Former Countryside Cu Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mynorthern.com

    Where can I find the form 990 for Northern Credit Union?

    The Northern Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mynorthern.com

    Learn more at the official website: www.mynorthern.com

    Mission Statement of Northern Credit Union

    Northern Credit Union is committed to enhancing the financial lives of those it serves through personalized solutions. In line with this mission, the organization, regulated by the NYS Department of Financial Services, extends banking services to a demographic spread across eight counties.

    Northern Credit Union offers a range of financial products and services tailored to its members. These include convenient access to over 30,000 fee-free ATMs and 5,000+ shared branch locations, along with online and mobile banking. Members can also benefit from low-interest rate loans and competitive dividend rates on checking and investment accounts. The credit union provides a diverse array of financial solutions designed to help members optimize their financial well-being.

    Northern Credit Union's dedication to its members extends beyond basic banking services. It strives to empower each individual to make informed financial decisions and live their best financial lives. Through its offerings, the credit union aims to make banking more accessible and convenient for its members, ultimately contributing to their financial growth and stability.

    Impact

    This information is meant to be a general summary of Northern Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Northern Credit Union's impact is driven by its mission to improve the financial lives of those it serves through empowerment and personalized solutions. By providing low-cost financial products and services, including online and mobile banking, access to fee-free ATMs, shared branch locations, low-interest rate loans, and competitive dividend rates on checking and investment accounts, Northern Credit Union plays a vital role in helping its members live their best financial lives. As a regulated institution under the NYS Department of Financial Services, Northern Credit Union extends its services to an 8-county demographic, making a significant public benefit impact in the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $317,441
  • Program Service Revenue: $31,458,607
  • Gross Receipts: $34,158,963

    • Assets and Liabilities:
  • Total Assets: $598,798,438
  • Total Liabilities: $25,471,130
  • Net Assets: $573,327,308
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LOAN INTEREST RECEIVED

    Revenue

    $21,227,871

    SERVICE FEES LESS REFUNDS

    Revenue

    $10,230,736

    Organization Details

    Founding Year

    1955

    Principal Officer

    Daniel W St Hilaire

    Main Address

    120 FACTORY STREET, WATERTOWN, NY, 136011900

    NTEE Category

    Code: W61 - Public benefit

    If you are a representative of Northern Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.