Overview
What is American 1 Credit Union?
American 1 Credit Union, located in Jackson, Michigan, is a financial institution catering to 62,004 members. They offer various banking services, including regular shares, share drafts, certificates of deposit, IRA, business, health savings, and money market accounts. The credit union's primary goal is to provide financial services to member owners with a common bond. In essence, American 1 Credit Union aims to create financial wellness in their communities by offering everyday banking services. With a workforce of 309 employees, they continue their mission to enhance the financial lives of their members.
Official website here: www.american1cu.org
Is American 1 Credit Union legitimate?
American 1 Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. American 1 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $1,211,909
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,392,007
For more financial information, click here
What is the mission statement of American 1 Credit Union?
American 1 Credit Union strives to create financial well-being in communities by offering personal everyday banking services. Their mission is centered around providing financial services to member-owners who share a common bond. The credit union caters to over 62,000 members, offering a range of accounts including regular shares, share drafts, certificates of deposit, IRAs, business, health savings, and money market accounts. By focusing on financial wellness, American 1 Credit Union aims to empower individuals to better manage and grow their finances.
Official website here: www.american1cu.org
Who is the CEO of American 1 Credit Union?
Martha Fuerstenau is the President/Ceo of American 1 Credit Union. The CEO's salary of American 1 Credit Union is $199,379 and their total compensation is $199,379.
Official website here: www.american1cu.org
What is the revenue of American 1 Credit Union?
American 1 Credit Union's revenue in 2022 was $45,719,796.
Official website here: www.american1cu.org
Who are the executives of American 1 Credit Union and what are their salaries?
The average compensation at American 1 Credit Union during 2022 was $40,789. There are 309 employees and 7 volunteers at American 1 Credit Union.
Here are 16 key members and their salaries (American 1 Credit Union's CEO's salary is $199,379 and their total compensation is $199,379):
- Martha Fuerstenau (President/Ceo)
- Kristina Edgar (Chief Operating Officer/Evp)
- Sarah Miller (Cfo)
- David Puckett (Former President/Ceo)
- Tonia White (Cexo)
- Nicole Patrick (Vp Of Risk And It)
- Carolyn Duncan (Cmxo)
- David Lewis (Field Engineer)
- Laura Pryor (Vp Of Member Experience)
- Phil Hoffman (Board Chair) [Trustee/Director]
- Frank Weathers (Board Vice-Chair) [Trustee/Director]
- Julie Alexander (Board Treasurer) [Trustee/Director]
- Angella Arnold (Board Secretary) [Trustee/Director]
- Linda Schaub (Board Director)
- Cheryl Schantz (Board Director)
- Timothy Hernandez (Board Director)
Official website here: www.american1cu.org
Where can I find the form 990 for American 1 Credit Union?
The American 1 Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.american1cu.org
Learn more at the official website: www.american1cu.org
Mission Statement of American 1 Credit Union
American 1 Credit Union, with a mission to create financial wellness in communities, strives to provide essential financial services to its member-owners. The credit union is dedicated to personal everyday banking, aiming to make a difference in people's lives.
With over 62,004 members, American 1 Credit Union offers various account options, including regular shares, share drafts, certificates of deposit, individual retirement accounts, business, health savings, and money market accounts. By providing these services, the credit union empowers its members to manage their finances effectively and secure their financial future.
American 1 Credit Union's commitment to financial wellness goes beyond basic banking services. By offering these diverse account types, the credit union ensures that its members have access to the tools they need to build a solid financial foundation. This mission is a testament to the credit union's dedication to improving the financial lives of its members and, in turn, contributing to the overall well-being of the communities it serves.
Impact
This information is meant to be a general summary of American 1 Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
American 1 Credit Union's impact is seen in the financial wellness it creates in communities through personal everyday banking. By providing a wide range of financial services to over 62,000 member-owners in Jackson, MI, including regular shares, share drafts, certificates of deposit, IRA, business, health savings, and money market accounts, American 1 Credit Union plays a vital role in empowering individuals to achieve their financial goals and stability. Its commitment to serving its members and the community at large demonstrates its dedication to fostering economic progress and prosperity.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST INCOME
Revenue
$23,421,635
FEE & OTHER INCOME
Revenue
$19,491,853
Organization Details
Founding Year
1980
Phone
(517) 787-6510
Principal Officer
Martha Fuerstenau
Main Address
718 EAST MICHIGAN AVENUE, JACKSON, MI, 49201
Website
www.american1cu.org
NTEE Category
Code: W60 - Public benefit
If you are a representative of American 1 Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.