Overview
What is Reading Berks School Employees Credit Union?
Reading Berks School Employees Credit Union is a small, nonprofit financial institution located at 4641 Pottsville Pike, Reading, PA 19605. With a team of five dedicated individuals, their primary mission is to offer competitive savings dividends to its members. Furthermore, the credit union provides its members with low-interest loans, ensuring affordable financial assistance when needed. This nonprofit organization caters exclusively to the employees of schools within the Berks County area, offering financial services tailored to their unique needs.
Official website here: www.rbsecu.com
Is Reading Berks School Employees Credit Union legitimate?
Reading Berks School Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Reading Berks School Employees 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: $160,238
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.rbsecu.com
What is the mission statement of Reading Berks School Employees Credit Union?
The Reading Berks School Employees Credit Union's mission is centered around serving its members. One of its primary objectives is to offer competitive dividends on saving accounts, ensuring members can benefit financially. Additionally, the credit union provides loans to its members at competitive or even lower interest rates, making it an attractive option for borrowing needs. In essence, the credit union aims to enhance the financial well-being of its members through these financial services.
Official website here: www.rbsecu.com
Who is the CEO of Reading Berks School Employees Credit Union?
Steven Harris is the President Treasurer of Reading Berks School Employees Credit Union.
Official website here: www.rbsecu.com
What is the revenue of Reading Berks School Employees Credit Union?
Reading Berks School Employees Credit Union's revenue in 2022 was $336,982.
Official website here: www.rbsecu.com
Who are the executives of Reading Berks School Employees Credit Union and what are their salaries?
The average compensation at Reading Berks School Employees Credit Union during 2022 was $32,048. There are 5 employees at Reading Berks School Employees Credit Union.
Here are 9 key members and their salaries:
- Compensation: $48,960
- Related: $0
- Other: $0
- Compensation: $35,869
- Related: $0
- Other: $0
- Compensation: $35,869
- Related: $0
- Other: $0
- Compensation: $35,869
- 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
Official website here: www.rbsecu.com
Where can I find the form 990 for Reading Berks School Employees Credit Union?
Reading Berks School Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rbsecu.com
Learn more at the official website: www.rbsecu.com
Mission Statement of Reading Berks School Employees Credit Union
Reading Berks School Employees Credit Union is dedicated to serving its members by offering competitive dividends on their savings accounts and providing loans at competitive or lower interest rates. In essence, the credit union aims to return value to its members through attractive savings returns and cost-effective borrowing opportunities. By doing so, it seeks to build a strong financial foundation for its members, empowering them to achieve their financial goals.
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Impact
October, 2024
Reading Berks School Employees Credit Union significantly impacts its members by offering low-interest loans and competitive dividends on savings accounts. This ensures that members can access affordable financing options while also earning a fair return on their savings. By prioritizing the financial well-being of its members, the credit union fosters economic stability and empowerment within the community. Members benefit from lower borrowing costs, enabling them to achieve personal and financial goals while also enjoying the advantages of earning competitive dividends on their saved funds. This approach not only strengthens individual financial health but also contributes to a more vibrant local economy in Reading, PA.
This information is meant to be a general summary of Reading Berks School Employees 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: $336,982
- Gross Receipts: $336,982
Assets and Liabilities:
- Total Assets: $18,780,055
- Total Liabilities: -$1,423
- Net Assets: $18,781,478
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Organization Details
Founding Year
1944
Phone
(610) 921-1003Principal Officer
Steven Harris
Main Address
4641 Pottsville Pike, READING, PA, 19605
Website
www.rbsecu.comNTEE Category
Code: W60 - Public benefit
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