Overview
What is Vibrant Credit Union?
Vibrant Credit Union is a financial institution based in Moline, Illinois, with a total workforce of 302 employees. They are dedicated to enhancing the economic well-being and quality of life for their members by offering considerable loans. The credit union had 17,833 consumer and mortgage loans outstanding, as mentioned in the provided information. By working together, they aim to provide excellent service and improve their members' overall living conditions.
Official website here: www.vibrantcreditunion.org
What are the reviews and ratings of this charity?
Vibrant Credit Union is not currently rated by Charity Navigator since it is not registered as a 501(c)(3) nonprofit organization. Charity Navigator's evaluation system primarily focuses on such organizations, using metrics like Accountability & Finance and Impact & Measurement, which are not applicable to Vibrant Credit Union.
The absence of a rating does not imply any quality assessment of Vibrant Credit Union; instead, it highlights the fact that this credit union falls outside the evaluation framework used by Charity Navigator for nonprofits. This means that traditional financial transparency and accountability metrics that would apply to a registered nonprofit organization are not available here.
Since there are no user reviews for Vibrant Credit Union on GreatNonprofits, there is little customer or community feedback to shed light on the organization’s public perception. Therefore, consumers interested in evaluating Vibrant Credit Union may need to explore other resources for insights on its operations and customer service.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Vibrant Credit Union?
78% of 954 reviewers on Facebook recommend Vibrant Credit Union. Here is a summary of their reviews:
Many users appreciate the services offered by Vibrant Credit Union, highlighting aspects such as customer service and a range of financial products. However, there are significant concerns regarding the mobile app's performance. A notable number of reviewers have expressed frustration with the app's inability to accurately reflect account balances, leading to unintended overdrafts and financial inconvenience.
Despite these technical issues with the app, some members are satisfied with the overall support and assistance they receive from the staff. This mixed sentiment suggests that while Vibrant Credit Union has its strengths, there are critical areas that need improvement to enhance the user experience.
This AI summary has been generated from reviews found on Facebook.
Is Vibrant Credit Union legitimate?
Vibrant Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Vibrant 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: $1,149,704
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,311,751
For more financial information, click here
Official website here: www.vibrantcreditunion.org
What is the mission statement of Vibrant Credit Union?
Vibrant Credit Union is dedicated to enhancing the economic well-being and improving the quality of life for all its members. This commitment is realized through delivering excellent service. The credit union's mission is to provide substantial loan options for its members, as evidenced by the 17,833 consumer and mortgage loans currently outstanding. By offering these financial services, Vibrant Credit Union aims to make a positive impact on the lives of its members.
Official website here: www.vibrantcreditunion.org
Who is the CEO of Vibrant Credit Union?
Matthew Mccombs is the President/Ceo of Vibrant Credit Union. The CEO's salary of Vibrant Credit Union is $502,042 and their total compensation is $561,607.
Official website here: www.vibrantcreditunion.org
What is the revenue of Vibrant Credit Union?
Vibrant Credit Union's revenue in 2022 was $47,909,169.
Official website here: www.vibrantcreditunion.org
Who are the executives of Vibrant Credit Union and what are their salaries?
The average compensation at Vibrant Credit Union during 2022 was $47,886. There are 302 employees and 8 volunteers at Vibrant Credit Union.
Here are 19 key members and their salaries (Vibrant Credit Union's CEO's salary is $502,042 and their total compensation is $561,607):
- Compensation: $502,042
- Related: $0
- Other: $59,565
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $219,259
- Related: $0
- Other: $41,795
- Compensation: $51,530
- Related: $0
- Other: $6,155
- Compensation: $235,020
- Related: $0
- Other: $34,338
- Compensation: $156,923
- Related: $0
- Other: $31,281
- Compensation: $160,340
- Related: $0
- Other: $38,191
- Compensation: $141,280
- Related: $0
- Other: $29,265
- Compensation: $182,306
- Related: $0
- Other: $19,946
- Compensation: $173,151
- Related: $0
- Other: $5,742
Official website here: www.vibrantcreditunion.org
Where can I find the form 990 for Vibrant Credit Union?
Vibrant Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vibrantcreditunion.org
Learn more at the official website: www.vibrantcreditunion.org
Mission Statement of Vibrant Credit Union
Vibrant Credit Union, a financial institution dedicated to making a difference, strives to enhance the economic well-being and overall quality of life for all its members through exceptional service. This mission is geared towards creating a positive impact on the lives of every individual who is a part of this cooperative.
The Credit Union goes beyond offering financial products, focusing on building strong relationships with its members. By providing considerable loans to those in need, Vibrant Credit Union aims to contribute significantly to improving the financial situation of each household. With a remarkable total of 17,833 consumer and mortgage loans outstanding, the organization has proven its commitment to helping its members access the necessary funds for various life circumstances.
In summary, Vibrant Credit Union is more than just a financial institution. It is a community of individuals working together to empower each other and create a better future. Through its excellent service and significant loan offerings, the Credit Union strives to make a positive difference in the lives of its members, ensuring they have the financial resources they need to thrive.
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Impact
October, 2024
Vibrant Credit Union significantly impacts its community by focusing on the economic well-being and quality of life for its members. With a commitment to excellent service, it provides substantial financial support through its loan offerings. As of now, the total number of outstanding consumer and mortgage loans stands at 17,833, demonstrating its role in promoting financial stability and growth among its members. Located in Moline, IL, Vibrant Credit Union’s mission is centered around collaboration and service, ensuring that individuals and families have access to the necessary resources to enhance their economic circumstances. The credit union's initiatives not only foster individual financial health but also contribute positively to the overall community's prosperity.
This information is meant to be a general summary of Vibrant 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: $4,043,047
- Program Service Revenue: $31,076,319
- Gross Receipts: $103,698,429
Assets and Liabilities:
- Total Assets: $1,031,061,735
- Total Liabilities: $959,287,579
- Net Assets: $71,774,156
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOANS INTEREST
Revenue
$30,036,182
LOAN FEES
Revenue
$948,565
ATM FEES
Revenue
$91,572
Organization Details
Founding Year
1935
Phone
(800) 323-5109Principal Officer
Matthew Mccombs
Main Address
6600 44TH AVE, MOLINE, IL, 61265
Website
www.vibrantcreditunion.orgNTEE Category
Code: W61 - Public benefit
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