Overview
What is Greensburg Teachers Credit Union?
Greensburg Teachers Credit Union, situated in Greensburg, Pennsylvania, serves as a financial institution primarily for the Greensburg-Salem School District employees and their families. Established with a mission to offer investment opportunities and loans to its members, the credit union maintains a long-term financial stability. In the year 2022, it made 40 new loans to its members, covering various types such as signature loans, share loans, vehicle loans, and co-signed loans. The credit union also provides dividends to its members who meet certain criteria. With 683 members, it has a potential membership capacity of 1100, indicating a 62% enrollment rate. The credit union's activities are limited to these members and their financing needs.
Is Greensburg Teachers Credit Union legitimate?
Greensburg Teachers Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Greensburg Teachers 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: $64,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Greensburg Teachers Credit Union?
The Greensburg Teachers Credit Union's mission is centered around providing investment and loan opportunities to its mutual members, with a focus on maintaining long-term financial stability. This financial institution serves the employees and families of the Greensburg-Salem School District, making 40 new loans in the recent year ended December 31, 2022. The credit union also pays dividends to its members who maintain a minimum balance in their share accounts. As of 2022, the credit union boasts 683 members, slightly fewer than the previous year, with a potential maximum of 1100 members, translating to an enrollment percentage of 62%. The credit union's offerings primarily include signature loans, share loans, new and used vehicle loans, and co-signed loans. Additionally, they provide savings vehicles in the form of regular share accounts and Christmas share accounts.
Who is the CEO of Greensburg Teachers Credit Union?
William J Hurrianko is the President/Chairperson of Greensburg Teachers Credit Union.
What is the revenue of Greensburg Teachers Credit Union?
Greensburg Teachers Credit Union's revenue in 2022 was $102,590.
Who are the executives of Greensburg Teachers Credit Union and what are their salaries?
The average compensation at Greensburg Teachers Credit Union during 2022 was $32,000. There are 2 employees at Greensburg Teachers Credit Union.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $55,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $9,000
- Related: $0
- Other: $0
Where can I find the form 990 for Greensburg Teachers Credit Union?
Greensburg Teachers Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Greensburg Teachers Credit Union
Greensburg Teachers Credit Union, in its mission, aims to provide investment and loan opportunities to its mutual members, all while ensuring long-term financial stability. This organization serves the Greensburg-Salem School District employees and their families, offering them various forms of loans. By doing so, the credit union seeks to support its members in their financial needs, fostering financial stability within its community.
In addition to providing loans, Greensburg Teachers Credit Union also distributes dividends to its members who maintain a minimum balance in their share accounts. This practice not only rewards loyal members but also encourages savings within the community. The credit union's services are available to a potential maximum of 1100 members, with an enrollment percentage of 62%.
The credit union's portfolio of loans includes signature loans, share loans, new and used vehicle loans, and co-signed loans. For those who prefer saving options, Greensburg Teachers Credit Union offers regular share accounts and Christmas share accounts. By providing such a diverse range of financial services, the credit union aims to meet the diverse financial needs of its members, thereby contributing to their overall financial well-being.
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Impact
October, 2024
Greensburg Teachers Credit Union plays a pivotal role in enhancing the financial well-being of its members, primarily composed of employees from the Greensburg-Salem School District and their families. In 2022, the credit union facilitated 40 new loans, enabling members to achieve their financing goals, whether for purchasing vehicles or other personal needs.
With a membership base of 683, representing 62% of its potential maximum of 1,100 members, the credit union works diligently to maintain accessibility for its members while fostering a sense of community. The offerings include a range of loans such as signature loans, share loans, and co-signed loans, along with savings options like regular share accounts and Christmas share accounts, providing diverse financial tools tailored to the needs of the members.
Additionally, the credit union rewards its members through dividend payments for maintaining minimum balances in share accounts, promoting a culture of savings. By focusing on long-term financial stability, Greensburg Teachers Credit Union stands as a vital resource, dedicated to supporting its members in their financial journeys and strengthening the local community.
This information is meant to be a general summary of Greensburg Teachers 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: $66,234
- Program Service Revenue: $36,001
- Gross Receipts: $102,590
Assets and Liabilities:
- Total Assets: $6,777,353
- Total Liabilities: $5,896,061
- Net Assets: $881,292
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INT INC FROM MBRS
Revenue
$36,001
Organization Details
Founding Year
1939
Phone
(866) 383-5605Principal Officer
William J Hurrianko
Main Address
270 ARBOR HILL ROAD, GREENSBURG, PA, 15601
NTEE Category
Code: Z99 - Unknown
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