Public Service Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 381439781 ✦ Romulus, MI ✦ Designated as a 501(c)(14)

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Overview

What is Public Service Credit Union?

Public Service Credit Union, based in Romulus, Michigan, is a member-owned financial institution dedicated to providing various account types, including regular shares, share draft, money market, IRA, certificate of deposit, and club accounts. Their mission is to offer financial services to individuals sharing a common bond, aiming to help members achieve their financial objectives. The credit union prides itself on the expertise and dedication of its employees, ensuring exceptional services for every member. With a staff of 155, Public Service Credit Union treats each member with dignity and respect, fostering a sense of community and commitment.


Official website here: www.pscunow.com

Is Public Service Credit Union legitimate?

Public Service Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Public Service 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: $1,438,256
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,869,602

For more financial information, click here


Official website here: www.pscunow.com

What is the mission statement of Public Service Credit Union?

Public Service Credit Union is dedicated to assisting its member-owners in achieving their financial objectives. The credit union offers a range of financial services and is committed to delivering exceptional customer experiences. Every member is treated with dignity and respect as part of the Credit Union family. The financial offerings of the credit union include regular shares, share draft, money market, IRA, certificate of deposit, and club accounts.


Official website here: www.pscunow.com

Who is the CEO of Public Service Credit Union?

Dean J Trudeau is the Chairperson of Public Service Credit Union. The CEO's salary of Public Service Credit Union is $381,645 and their total compensation is $448,163.


Official website here: www.pscunow.com

What is the revenue of Public Service Credit Union?

Public Service Credit Union's revenue in 2022 was $20,530,252.


Official website here: www.pscunow.com

Who are the executives of Public Service Credit Union and what are their salaries?

The average compensation at Public Service Credit Union during 2022 was $47,147. There are 155 employees and 6 volunteers at Public Service Credit Union.


Here are 17 key members and their salaries (Public Service Credit Union's CEO's salary is $381,645 and their total compensation is $448,163):


Frederick Morgan (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff King (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Carey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nora Sharpley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Lowler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Reaume (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean J Trudeau (President/Ceo, Board Treasurer)
  • Compensation: $381,645
  • Related: $0
  • Other: $66,518
Melissa Espinoza (Cfo/Svp Of Support)
  • Compensation: $195,114
  • Related: $0
  • Other: $465
Susan Wyputa (Cfo/Svp Of Support)
  • Compensation: $24,144
  • Related: $0
  • Other: $2,344
Donna Follbaum (Coo/Evp Of Branch Services)
  • Compensation: $196,655
  • Related: $0
  • Other: $41,421
Robert Mercier (Clo/Svp Of Sales & Lending)
  • Compensation: $170,824
  • Related: $0
  • Other: $66,810
Angelo Fanaras (Cio/Svp Of Electronic Serv)
  • Compensation: $173,767
  • Related: $0
  • Other: $118,549
Ashley Carr (Avp Hr/Sd)
  • Compensation: $109,279
  • Related: $0
  • Other: $50,766
Tanis Campbell (Avp Risk)
  • Compensation: $108,699
  • Related: $0
  • Other: $61,325
Brian Buczek (Commercial Relationship Manager)
  • Compensation: $102,613
  • Related: $0
  • Other: $14,543
Damika Clark (Avp Branch Services)
  • Compensation: $100,460
  • Related: $0
  • Other: $60,903
Danette Krahn (Avp Branch Services)
  • Compensation: $104,984
  • Related: $0
  • Other: $29,960


Official website here: www.pscunow.com

Where can I find the form 990 for Public Service Credit Union?

Public Service Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pscunow.com

Learn more at the official website: www.pscunow.com

Mission Statement of Public Service Credit Union

Public Service Credit Union, with its mission to help members reach their financial goals, is dedicated to providing exceptional financial services to its member-owners. This commitment to excellence is underpinned by a team of knowledgeable employees who treat each member with dignity and respect.

At the heart of Public Service Credit Union's activities is the provision of various financial accounts designed to meet the diverse needs of its members. These include regular shares, share draft, money market, Individual Retirement Account (IRA), certificate of deposit, and club accounts. By offering this range of services, the credit union enables its members to save, invest, and manage their finances effectively.

Public Service Credit Union's mission goes beyond simply providing financial services. It is deeply committed to ensuring that every member becomes a valued part of its community. By fostering an inclusive atmosphere, the credit union creates an environment where members feel supported and empowered to take control of their financial future. This people-focused approach sets Public Service Credit Union apart as a trusted financial partner for its members.

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Impact




October, 2024

Public Service Credit Union plays a significant role in enhancing the financial well-being of its members in Romulus, MI, by delivering a wide array of financial services tailored to their needs. Through offerings such as regular shares, share drafts, money market accounts, IRAs, certificates of deposit, and club accounts, the credit union empowers its members to effectively manage their finances and achieve their financial goals.

By fostering a supportive environment, Public Service Credit Union ensures that members receive exceptional service from knowledgeable employees, creating a sense of community and trust. This commitment to treating every member with dignity and respect strengthens the bonds among them, reinforcing the common values that unify their membership. Overall, Public Service Credit Union’s impact is deeply felt, as it not only provides essential financial resources but also cultivates a collaborative atmosphere for achieving personal and shared financial aspirations.




This information is meant to be a general summary of Public Service 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.

Revenue
$20,530,252 (2022)
Expenses
$19,446,149 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,586,394
  • Program Service Revenue: $18,943,858
  • Gross Receipts: $20,530,252

Assets and Liabilities:

  • Total Assets: $391,529,125
  • Total Liabilities: $363,581,738
  • Net Assets: $27,947,387

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN INTEREST INCOME

Revenue

$10,352,016

FEE AND OTHER INCOME

Revenue

$7,132,920

FINANCE AND INSURANCE

Revenue

$1,458,922

Organization Details

Founding Year

1951

Principal Officer

Dean J Trudeau

Main Address

7665 MERRIMAN ROAD, ROMULUS, MI, 48174

NTEE Category

Code: W60 - Public benefit

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