Overview
What is Security Credit Union?
Security Credit Union is a trusted financial cooperative headquartered at 5255 Security Park Blvd, Holly, MI, 48442. With a team of 177 employees, they dedicate themselves to serving approximately 53,524 members by offering regular shares, share drafts, money market, and certificate accounts, totaling 86,718. Their mission is to deliver exceptional value, personalized service, and convenience to their members.
Official website here: www.securitycu.org
Is Security Credit Union legitimate?
Security Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Security 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: $1,294,449
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,201,620
For more financial information, click here
Official website here: www.securitycu.org
What is the mission statement of Security Credit Union?
Security Credit Union serves as a trusted and secure financial cooperative for its members, offering exceptional value, personalized service, and convenience. Dedicated to providing for the financial needs of its 53,524 members, the credit union manages various account types, including regular shares, share drafts, money market, and certificate accounts, totaling 86,718. The primary focus of Security Credit Union is to put its members first, ensuring their financial well-being and satisfaction.
Official website here: www.securitycu.org
Who is the CEO of Security Credit Union?
Christopher Estes is the CEO of Security Credit Union The CEO's salary of Security Credit Union is $387,508 and their total compensation is $448,399.
Official website here: www.securitycu.org
What is the revenue of Security Credit Union?
Security Credit Union's revenue in 2023 was $35,342,586.
Official website here: www.securitycu.org
Who are the executives of Security Credit Union and what are their salaries?
The average compensation at Security Credit Union during 2023 was $41,444. There are 205 employees and 6 volunteers at Security Credit Union.
Here are 14 key members and their salaries (Security Credit Union's CEO's salary is $387,508 and their total compensation is $448,399):
- 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: $387,508
- Related: $0
- Other: $60,891
- Compensation: $153,591
- Related: $0
- Other: $38,308
- Compensation: $219,105
- Related: $0
- Other: $44,806
- Compensation: $163,099
- Related: $0
- Other: $39,528
- Compensation: $149,877
- Related: $0
- Other: $37,736
- Compensation: $140,033
- Related: $0
- Other: $36,999
- Compensation: $127,315
- Related: $0
- Other: $31,830
- Compensation: $125,552
- Related: $0
- Other: $35,325
Official website here: www.securitycu.org
Where can I find the form 990 for Security Credit Union?
Security Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.securitycu.org
Learn more at the official website: www.securitycu.org
Mission Statement of Security Credit Union
Security Credit Union, a trusted and secured financial cooperative, is dedicated to delivering exceptional value, personalized service, and convenience to its members. This member-focused organization prides itself on providing a range of financial services to cater to the diverse needs of over 53,000 individuals. The offerings include regular shares, share drafts, money market, and certificate accounts, totaling 86,718. By putting its members first, Security Credit Union has built a reputation as a reliable and trusted financial partner.
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Impact
October, 2024
Security Credit Union plays a vital role in the financial well-being of its 53,524 members by offering a range of services designed to meet their needs. By providing regular shares, share drafts, money market, and certificate accounts, they hold total assets of 86,718, which empowers members to manage their finances effectively.
The credit union is committed to delivering exceptional value through personalized service, ensuring that every member feels valued and understood. This dedication fosters a sense of community and trust, which is essential for a healthy financial cooperative. Security Credit Union's emphasis on convenience further enhances the experience, making it easier for members to access the services they need.
Overall, Security Credit Union's impact extends beyond financial products; it cultivates a supportive environment that prioritizes the financial security and growth of its members in Holly, MI, and contributes positively to the public benefit.
This information is meant to be a general summary of Security 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 2023.
- Investment Income: $2,041,006
- Program Service Revenue: $33,198,934
- Gross Receipts: $35,517,888
Assets and Liabilities:
- Total Assets: $624,480,675
- Total Liabilities: $583,476,701
- Net Assets: $41,003,974
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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
$25,344,759
FEE AND OTHER INCOME
Revenue
$7,615,610
NON-MEMBER INSURANCE INCOME
Revenue
$150,069
NON-MEMBER ATM INCOME
Revenue
$88,496
Organization Details
Founding Year
1955
Principal Officer
Jay Yax
Website
www.securitycu.orgNTEE Category
Code: W60 - Public benefit
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