Overview
What is Emerald Credit Union?
Emerald Credit Union is a nonprofit financial institution located at 13201 GRANGER ROAD STE 1, CLEVELAND, OH, 44125. With a dedication to its members, it provides a range of financial services, including lending, savings, and other financial products. The credit union offers these services at terms generally more favorable than those available in the marketplace, recognizing its members' status as owners. As of the provided information, the credit union manages approximately 8,795 deposit accounts for around 4,300 members, and it operates with a team of 13 employees, emphasizing exceptional service.
Official website here: www.emeraldgcu.com
What do the Facebook reviews say about Emerald Credit Union?
Emerald Credit Union currently has no formal rating on Facebook but has received a couple of reviews indicating positive experiences. One review highlights the dedication and helpfulness of the staff, noting that everyone at Emerald goes above and beyond to assist members. The reviewer expressed appreciation for the ease of working with the team at Emerald, indicating a high level of satisfaction.
Overall, the sentiments shared reflect a strong endorsement of the service provided by Emerald Credit Union. Members feel valued and supported, which suggests that the organization successfully meets the needs of its clientele.
This AI summary has been generated from reviews found on Facebook.
Is Emerald Credit Union legitimate?
Emerald Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Emerald 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: $320,689
Professional Fundraising Fees: $0
Other Salaries and Wages: $413,407
For more financial information, click here
Official website here: www.emeraldgcu.com
What is the mission statement of Emerald Credit Union?
Emerald Credit Union's mission is centered around providing its eligible members with competitive lending, savings, and financial services. This is done with a customer-focused approach that acknowledges the members' role as owners. The credit union aims to offer better terms than what is typically available in the marketplace. The financial institution also pays dividends and interest to its members, distributed across approximately 8,795 deposit accounts belonging to around 4,300 members.
Official website here: www.emeraldgcu.com
Who is the CEO of Emerald Credit Union?
Wendy Driver is the Ceo of Emerald Credit Union. The CEO's salary of Emerald Credit Union is $106,978 and their total compensation is $114,390.
Official website here: www.emeraldgcu.com
What is the revenue of Emerald Credit Union?
Emerald Credit Union's revenue in 2022 was $2,281,022.
Official website here: www.emeraldgcu.com
Who are the executives of Emerald Credit Union and what are their salaries?
The average compensation at Emerald Credit Union during 2022 was $56,469. There are 13 employees and 7 volunteers at Emerald Credit Union.
Here are 11 key members and their salaries (Emerald Credit Union's CEO's salary is $106,978 and their total compensation is $114,390):
- Compensation: $106,978
- Related: $0
- Other: $7,412
- Compensation: $66,707
- Related: $0
- Other: $15,811
- Compensation: $69,314
- Related: $0
- Other: $9,041
- Compensation: $77,690
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.emeraldgcu.com
Where can I find the form 990 for Emerald Credit Union?
Emerald Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.emeraldgcu.com
Learn more at the official website: www.emeraldgcu.com
Mission Statement of Emerald Credit Union
Emerald Credit Union, as a financial institution, is dedicated to providing lending, savings, and various other financial services to its eligible members. This organization strives to offer these services at terms that are generally more favorable than what is available in the marketplace. Furthermore, Emerald Credit Union operates with a service-oriented emphasis, recognizing the significance of its members' status as owners. The credit union's mission is to leverage these financial services to benefit its members, ultimately enhancing their financial well-being.
In more detail, Emerald Credit Union works towards offering its members competitive interest rates and dividends on approximately 8,795 deposit accounts, which are held by approximately 4,300 members. This commitment to providing better financial terms and services is a testament to the credit union's dedication to its members, acknowledging their ownership and investment in the institution. By offering these services, Emerald Credit Union aims to help its members manage their finances more effectively and improve their overall financial health.
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Impact
October, 2024
Emerald Credit Union significantly impacts its community by providing lending, savings, and a range of financial services tailored to its members' needs. The credit union offers terms that are generally more favorable than those found in the marketplace, empowering approximately 4,300 members through better financial options. By recognizing members as owners, it fosters a service-based culture that prioritizes their financial well-being.
Through its commitment to delivering dividends and interest, Emerald Credit Union manages about 8,795 deposit accounts, ensuring that its members benefit directly from the cooperative's success. Located in Cleveland, Ohio, it plays a vital role in enhancing financial literacy and stability within the community, contributing to the overall public good.
This information is meant to be a general summary of Emerald 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: $190,158
- Program Service Revenue: $1,807,109
- Gross Receipts: $2,281,550
Assets and Liabilities:
- Total Assets: $37,818,210
- Total Liabilities: $34,332,566
- Net Assets: $3,485,644
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$1,107,185
FEE INCOME
Revenue
$699,924
Organization Details
Founding Year
1955
Principal Officer
Wendy Driver
Main Address
13201 GRANGER ROAD STE 1, CLEVELAND, OH, 44125
Website
www.emeraldgcu.comNTEE Category
Code: W60 - Public benefit
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