Overview
What is Bloomington Postal Employees Credit Union?
Bloomington Postal Employees Credit Union is a nonprofit financial institution located in Bloomington, Illinois. With over 1,100 members, they offer various financial services such as savings accounts, checking accounts, credit card accounts, and loans. Their primary mission is to help their members manage their financial well-being, providing them with essential banking solutions. The credit union also provides Visa cards to its members and serves more than 2,700 share accounts and 1,000 loan accounts. The credit union's activities are aimed at enhancing the financial lives of its members and their families.
Official website here: www.bpecu.net
Is Bloomington Postal Employees Credit Union legitimate?
Bloomington Postal Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Bloomington Postal 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: $71,973
Professional Fundraising Fees: $0
Other Salaries and Wages: $142,140
For more financial information, click here
Official website here: www.bpecu.net
What is the mission statement of Bloomington Postal Employees Credit Union?
The Bloomington Postal Employees Credit Union is dedicated to helping its members manage their financial well-being. It offers a range of financial services, including savings accounts, checking accounts, credit card accounts, and loans, not only to the members but also to their families. The primary mission of the credit union is to assist its members in managing their finances effectively. It provides consumer lending and receives deposits from its membership, serving over 2700 member share accounts and 1000 loan accounts, including Visa cards.
Official website here: www.bpecu.net
Who is the CEO of Bloomington Postal Employees Credit Union?
Shannon Fritcher is the Director of Bloomington Postal Employees Credit Union.
Official website here: www.bpecu.net
What is the revenue of Bloomington Postal Employees Credit Union?
Bloomington Postal Employees Credit Union's revenue in 2022 was $751,933.
Official website here: www.bpecu.net
Who are the executives of Bloomington Postal Employees Credit Union and what are their salaries?
The average compensation at Bloomington Postal Employees Credit Union during 2022 was $19,465. There are 11 employees and 9 volunteers at Bloomington Postal Employees Credit Union.
Here are 10 key members and their salaries:
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- Compensation: $71,973
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- Other: $5,038
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Official website here: www.bpecu.net
Where can I find the form 990 for Bloomington Postal Employees Credit Union?
Bloomington Postal Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bpecu.net
Learn more at the official website: www.bpecu.net
Mission Statement of Bloomington Postal Employees Credit Union
Bloomington Postal Employees Credit Union is dedicated to assisting its members in managing their financial well-being. This nonprofit organization offers a variety of financial services, including savings accounts, checking accounts, credit card accounts, and loans, to not only its members but also their families. Its mission is to provide these financial tools, enabling its members to effectively manage their finances and improve their financial stability. By offering these services, Bloomington Postal Employees Credit Union aims to support its members in their financial journeys, helping them navigate the complexities of financial management with confidence. The credit union serves over 2700 member share accounts and 1000 loan accounts, indicating its commitment to its members and their financial needs.
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Impact
October, 2024
Bloomington Postal Employees Credit Union plays a vital role in enhancing the financial well-being of its members and their families. By offering a range of financial services, such as savings accounts, checking accounts, credit card accounts, and loans, the credit union enables its 2,700 members to effectively manage their finances and plan for the future.
The credit union's focus on consumer lending not only fosters financial stability among its members but also strengthens the local economy by keeping resources within the community. With over 1,000 loan accounts, including Visa cards, it empowers members with access to credit, which can be essential for various personal and family needs.
Overall, the credit union's impact is evident in its commitment to assisting members in achieving their financial goals, promoting responsible financial management, and contributing to the economic health of Bloomington, IL.
This information is meant to be a general summary of Bloomington Postal 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: $363,539
- Program Service Revenue: $386,501
- Gross Receipts: $751,933
Assets and Liabilities:
- Total Assets: $26,182,974
- Total Liabilities: $22,364,838
- Net Assets: $3,818,136
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$279,668
FEES AND CHARGES
Revenue
$106,833
Organization Details
Founding Year
1933
Phone
(309) 663-5841Principal Officer
Shannon Fritcher
Main Address
1511 E EMPIRE ST PO BOX 82, BLOOMINGTON, IL, 617020082
Website
www.bpecu.netNTEE Category
Code: W60 - Public benefit
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