Overview
What is Educators Credit Union?
Educators Credit Union, located at 1326 Willow Road in Mount Pleasant, Wisconsin, is a dedicated financial institution with a current loan portfolio surpassing $2.1 billion. The credit union offers both business and consumer loans and leases, as well as educational seminars and tools to aid members in purchasing significant items like homes and vehicles. In addition, Educators Credit Union provides various financial tools to help members enhance their credit scores and secure the most favorable loan rates for an extended period. The mission of this credit union is to be the best, not the largest, by earning member loyalty through the use of their products, services, technology, and referrals. The organization is passionate about educating and advising its members, with a total workforce of 712 employees.
Official website here: www.ecu.com
Is Educators Credit Union legitimate?
Educators Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Educators 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: $2,012,105
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,279,004
For more financial information, click here
Official website here: www.ecu.com
What is the mission statement of Educators Credit Union?
Educators Credit Union is committed to helping people by educating and advising them, with the goal of earning their loyalty. They aim to be the best credit union, not the largest, by providing top-notch products, services, technology, and a willingness to refer others to the union. The credit union offers business and consumer loans and leases, with a current loan portfolio exceeding $2.1 billion. Educators Credit Union hosts educational seminars to inform members and provides tools to help them make large purchases, such as homes and automobiles. The credit union also offers various financial tools to help members build and improve their credit score, ensuring they receive the lowest rate possible on their loans.
Official website here: www.ecu.com
Who is the CEO of Educators Credit Union?
James Justman is the Board Member of Educators Credit Union. The CEO's salary of Educators Credit Union is $662,722 and their total compensation is $707,947.
Official website here: www.ecu.com
What is the revenue of Educators Credit Union?
Educators Credit Union's revenue in 2022 was $166,801,060.
Official website here: www.ecu.com
Who are the executives of Educators Credit Union and what are their salaries?
The average compensation at Educators Credit Union during 2022 was $49,566. There are 712 employees and 13 volunteers at Educators Credit Union.
Here are 25 key members and their salaries (Educators Credit Union's CEO's salary is $662,722 and their total compensation is $707,947):
- Compensation: $700
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $800
- Related: $0
- Other: $0
- Compensation: $950
- Related: $0
- Other: $0
- Compensation: $850
- Related: $0
- Other: $0
- Compensation: $1,300
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $700
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $900
- Related: $0
- Other: $0
- Compensation: $650
- Related: $0
- Other: $0
- Compensation: $1,250
- Related: $0
- Other: $0
- Compensation: $850
- Related: $0
- Other: $0
- Compensation: $275,905
- Related: $0
- Other: $24,746
- Compensation: $662,722
- Related: $0
- Other: $45,225
- Compensation: $167,194
- Related: $0
- Other: $38,850
- Compensation: $170,217
- Related: $0
- Other: $28,992
- Compensation: $172,605
- Related: $0
- Other: $28,707
- Compensation: $168,316
- Related: $0
- Other: $28,753
- Compensation: $167,716
- Related: $0
- Other: $21,106
- Compensation: $172,938
- Related: $0
- Other: $44,583
- Compensation: $284,584
- Related: $0
- Other: $57,811
- Compensation: $248,551
- Related: $0
- Other: $53,749
- Compensation: $206,857
- Related: $0
- Other: $49,098
- Compensation: $165,434
- Related: $0
- Other: $29,028
Official website here: www.ecu.com
Where can I find the form 990 for Educators Credit Union?
Educators Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ecu.com
Learn more at the official website: www.ecu.com
Mission Statement of Educators Credit Union
Educators Credit Union, with a passion for helping people, strives to be more than just a financial institution. By educating and advising its members, the credit union aims to earn their loyalty. This goal is not about size but rather having a committed membership base that utilizes their products, services, technology, and refers others to Educators Credit Union.
At the heart of Educators Credit Union's mission is providing loans and leases for both businesses and consumers. With over $2.1 billion in loan portfolios, the credit union is dedicated to helping its members make significant purchases, such as homes and automobiles, with ease. To support this effort, Educators Credit Union offers educational seminars, allowing members to make informed decisions, and supplies tools to aid in the buying process.
Additionally, Educators Credit Union is committed to helping its members improve their credit scores. By offering various financial tools, the credit union ensures that members can secure the lowest possible rates on their loans, enabling them to save money in the long run. This dedication to financial wellbeing and growth sets Educators Credit Union apart as a trusted partner in the financial journey of its members.
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Impact
October, 2024
Educators Credit Union is dedicated to enhancing the financial well-being of its members by providing comprehensive educational resources and personalized financial guidance. With a robust loan portfolio exceeding $2.1 billion, it offers a variety of business and consumer loans, ensuring accessibility to essential financial services.
The credit union actively hosts educational seminars designed to empower members with knowledge about financial products and practices, facilitating informed decision-making. By offering tools that assist in making significant purchases, such as homes and vehicles, Educators Credit Union plays a critical role in helping individuals achieve their financial goals.
Moreover, the organization prioritizes helping members build and improve their credit scores, ensuring they can access the most favorable loan terms. This focus on education and personalized service fosters a loyal membership base, positioning Educators Credit Union as a trusted partner in their financial journeys. The mission emphasizes building long-term relationships while striving to be the best in service, rather than simply the largest, which reinforces their commitment to public benefit and community support.
This information is meant to be a general summary of Educators 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: $28,157,065
- Program Service Revenue: $135,818,689
- Gross Receipts: $173,784,408
Assets and Liabilities:
- Total Assets: $3,107,585,746
- Total Liabilities: $2,842,785,113
- Net Assets: $264,800,633
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$78,306,663
CREDIT CARD INTERCHANGE INCOME
Revenue
$32,754,227
MEMBER SERVICE FEES
Revenue
$13,726,777
INCOME FROM SALE OF LOANS
Revenue
$5,672,096
LOAN FEE INCOME
Revenue
$1,470,403
Organization Details
Founding Year
1937
Phone
(262) 886-5900Principal Officer
James Justman
Main Address
1326 WILLOW ROAD, MT PLEASANT, WI, 53177
Website
www.ecu.comNTEE Category
Code: W60 - Public benefit
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