Tri-Cities Credit Union

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

EIN: 381559604 ✦ Grand haven, MI ✦ Designated as a 501(c)(14)

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Overview

What is Tri-Cities Credit Union?

Tri-Cities Credit Union is a financial institution located at 905 Pennoyer, Grand Haven, MI 49417, serving a membership of 3,798 as of December 31, 2022. The Credit Union is committed to fostering personal relationships in local banking, which aligns with its mission of promoting community trust and treating members as family. The Credit Union offers various deposit account options, including savings, checking, certificates, and others. With a staff of 16 dedicated employees, Tri-Cities Credit Union is dedicated to providing personalized financial services to its members, contributing to the overall well-being of the local community.


Official website here: www.tricu.org

What do the Facebook reviews say about Tri-Cities Credit Union?

With just a couple of reviews available, Tri-Cities Credit Union has managed to make a positive impression. One reviewer highlighted the excellent service and competitive loan rates, expressing their satisfaction with the credit union's offerings.

The overall sentiment leans towards a favorable experience, showcasing that even with limited feedback, the nonprofit is making strides in customer service and providing valuable financial products. It's encouraging to see such recommendations early on, suggesting that members feel supported and appreciated.


This AI summary has been generated from reviews found on Facebook.

Is Tri-Cities Credit Union legitimate?

Tri-Cities Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Tri-Cities 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: $312,811
Professional Fundraising Fees: $0
Other Salaries and Wages: $241,991

For more financial information, click here


Official website here: www.tricu.org

What is the mission statement of Tri-Cities Credit Union?

Tri-Cities Credit Union's mission is centered around fostering personal relationships in local banking. This approach is instrumental in supporting their goal of establishing community trust and treating their members as family. By embracing this philosophy, the credit union aims to build strong connections with its members, providing them with a sense of belonging and care. The Credit Union offers various deposit account options, including savings, checking, certificates, and other accounts, catering to its 3,798 members as of December 31, 2022.


Official website here: www.tricu.org

Who is the CEO of Tri-Cities Credit Union?

Kim Hall is the President & Ceo of Tri-Cities Credit Union. The CEO's salary of Tri-Cities Credit Union is $114,128 and their total compensation is $135,397.


Official website here: www.tricu.org

What is the revenue of Tri-Cities Credit Union?

Tri-Cities Credit Union's revenue in 2022 was $2,311,299.


Official website here: www.tricu.org

Who are the executives of Tri-Cities Credit Union and what are their salaries?

The average compensation at Tri-Cities Credit Union during 2022 was $34,675. There are 16 employees and 7 volunteers at Tri-Cities Credit Union.


Here are 10 key members and their salaries (Tri-Cities Credit Union's CEO's salary is $114,128 and their total compensation is $135,397):


Kim Hall (President & Ceo)
  • Compensation: $114,128
  • Related: $0
  • Other: $21,269
Jackie Moinet (Cfo)
  • Compensation: $90,907
  • Related: $0
  • Other: $4,350
Mae Wildey (Vice President)
  • Compensation: $69,964
  • Related: $0
  • Other: $12,193
Matt Pugh (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Longcore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Hulett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Steinbach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sindee Maxwell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Pawlak (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Tyczynski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tricu.org

Where can I find the form 990 for Tri-Cities Credit Union?

Tri-Cities Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tricu.org

Learn more at the official website: www.tricu.org

Mission Statement of Tri-Cities Credit Union

Tri-Cities Credit Union, with a strong belief in the power of personal relationships, is dedicated to its mission of building community trust and treating its member-owners like family within the realm of local banking. This mission is underpinned by the Credit Union's commitment to fostering close-knit relationships, which is a cornerstone of its operations. By prioritizing these relationships, Tri-Cities Credit Union strives to create a sense of familiarity and trust among its members, thereby setting itself apart in the banking sector.

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Impact




October, 2024

Tri-Cities Credit Union plays a vital role in fostering community relationships and trust through local banking. By treating its member owners like family, the credit union creates an environment where personal connections thrive. As of December 31, 2022, the credit union serves 3,798 members, offering a variety of deposit accounts such as savings, checking, and certificates. This commitment to member-centric services enhances financial stability within Grand Haven, Michigan, and contributes to the overall well-being of the community. Their mission underscores the importance of personal interactions in building lasting trust and loyalty among members.




This information is meant to be a general summary of Tri-Cities 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
$2,311,299 (2022)
Expenses
$1,396,145 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $415,773
  • Program Service Revenue: $1,895,526
  • Gross Receipts: $2,322,803

Assets and Liabilities:

  • Total Assets: $47,836,843
  • Total Liabilities: $42,192,217
  • Net Assets: $5,644,626

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Programs

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

ATM Income

Revenue

$2,610

Fees and Charges

Revenue

$598,857

Insurance Revenues

Revenue

$13,323

Interchange Income

Revenue

$215,166

Interest on Loans

Revenue

$1,065,570

Organization Details

Founding Year

1955

Principal Officer

Kim Hall

Main Address

905 Pennoyer, Grand Haven, MI, 49417

NTEE Category

Code: W60 - Public benefit

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