Overview
What is Community Trust Credit Union?
Community Trust Credit Union is a financial institution dedicated to helping its 10,565 members manage their financial health. By offering various services such as loans, savings accounts, and home banking, they have made a difference in the lives of 13,858 depositors. The credit union's mission is to support its members in their financial journey, providing them with essential tools to navigate their financial landscape.
Official website here: www.ctcu.org
Is Community Trust Credit Union legitimate?
Community Trust Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Community Trust 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: $547,037
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,586,613
For more financial information, click here
Official website here: www.ctcu.org
What is the mission statement of Community Trust Credit Union?
Community Trust Credit Union focuses on assisting its members in managing their financial well-being. They achieve this goal by offering various financial institution services, such as providing loans and savings accounts. Through these offerings, the credit union has positively impacted the financial lives of over 10,565 members. The credit union's commitment to its members extends beyond traditional banking services, as it also offers home banking solutions. With deposits from 13,858 members, Community Trust Credit Union continues to expand its reach and support in helping individuals effectively manage their finances.
Official website here: www.ctcu.org
Who is the CEO of Community Trust Credit Union?
Carol Analla is the Ceo of Community Trust Credit Union. The CEO's salary of Community Trust Credit Union is $292,814 and their total compensation is $292,814.
Official website here: www.ctcu.org
What is the revenue of Community Trust Credit Union?
Community Trust Credit Union's revenue in 2022 was $11,872,195.
Official website here: www.ctcu.org
Who are the executives of Community Trust Credit Union and what are their salaries?
The average compensation at Community Trust Credit Union during 2022 was $46,771. There are 67 employees and 8 volunteers at Community Trust Credit Union.
Here are 15 key members and their salaries (Community Trust Credit Union's CEO's salary is $292,814 and their total compensation is $292,814):
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- Compensation: $292,814
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- Compensation: $133,641
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- Compensation: $120,582
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- Compensation: $133,921
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- Compensation: $123,332
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- Compensation: $114,117
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- Compensation: $106,493
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- Other: $0
- Compensation: $104,230
- Related: $0
- Other: $0
Official website here: www.ctcu.org
Where can I find the form 990 for Community Trust Credit Union?
Community Trust Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ctcu.org
Learn more at the official website: www.ctcu.org
Mission Statement of Community Trust Credit Union
Community Trust Credit Union is dedicated to helping its members achieve financial stability and prosperity. By offering a range of financial services, the credit union supports its members in managing their finances effectively. These services include loans, savings accounts, and home banking facilities, which have assisted over 10,565 members in improving their financial situation. Furthermore, over 13,858 members have deposited their savings with the credit union, demonstrating the trust and confidence placed in the institution.
The mission of Community Trust Credit Union is to empower its members to take control of their financial well-being. Through the provision of loans, members can invest in their future by purchasing homes, starting businesses, or funding education. Savings accounts allow members to build a financial safety net, ensuring they are prepared for unexpected expenses. Additionally, the credit union's home banking services provide members with the convenience to manage their finances from the comfort of their own homes. By offering these services, Community Trust Credit Union fosters financial independence and security for its members.
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Impact
October, 2024
Community Trust Credit Union significantly impacts its members' financial well-being by offering a range of essential services such as loans, savings accounts, and home banking. With a focus on empowering individuals, it has successfully assisted over 10,500 members in managing their finances effectively. The credit union's services have fostered a supportive environment for financial growth, as evidenced by the active participation of 13,858 members who trust the credit union with their savings. Located in Gurnee, IL, Community Trust Credit Union plays a vital role in promoting financial literacy and stability within the community, ultimately enhancing the overall economic health of the area.
This information is meant to be a general summary of Community Trust 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: $3,041,038
- Program Service Revenue: $8,831,157
- Gross Receipts: $11,872,195
Assets and Liabilities:
- Total Assets: $313,408,662
- Total Liabilities: $285,783,992
- Net Assets: $27,624,670
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME FROM LOANS TO MEMBERS
Revenue
$4,837,803
INCOME FROM FEES AND CHARGES
Revenue
$3,993,354
Organization Details
Founding Year
1933
Phone
(847) 662-2050Principal Officer
Carol Analla
Main Address
1313 SKOKIE HWY, GURNEE, IL, 60031
Website
www.ctcu.orgNTEE Category
Code: W61 - Public benefit
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