Overview
What is Post Office Credit Union?
Post Office Credit Union is a member-owned, nonprofit financial cooperative located in Madison, Wisconsin. With a strong commitment to providing family-oriented financial services, the credit union offers a variety of deposit accounts to its members. In the year leading up to a merger, they successfully opened 20 new accounts. As of March 31, 2021, they had approximately 2,973 members prior to the merger. The credit union's mission is to deliver friendly, convenient, and competitive financial services to its members while upholding financial integrity.
Official website here: www.pocu.com
Is Post Office Credit Union legitimate?
Post Office Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Post Office 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: $67,825
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,228
For more financial information, click here
Official website here: www.pocu.com
What is the mission statement of Post Office Credit Union?
The Post Office Credit Union, being a member-owned and nonprofit financial cooperative, is dedicated to providing friendly, convenient, and competitively priced family financial services to its members. Its mission is to maintain financial integrity while catering to the needs of its members. The credit union offers various types of deposit accounts and had opened 20 new deposit accounts in 2021 before a merger. As of March 31, 2021, the credit union had 2,973 members prior to the merger.
Official website here: www.pocu.com
Who is the CEO of Post Office Credit Union?
Kevin Yaeger is the President/Ce of Post Office Credit Union.
Official website here: www.pocu.com
What is the revenue of Post Office Credit Union?
Post Office Credit Union's revenue in 2021 was $130,281.
Official website here: www.pocu.com
Who are the executives of Post Office Credit Union and what are their salaries?
There 9 volunteers at Post Office Credit Union.
Here are 9 key members and their salaries:
- Compensation: $45,501
- Related: $0
- Other: $70,236
- Compensation: $22,324
- Related: $0
- Other: $31,159
- 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: $0
- Related: $0
- Other: $0
Official website here: www.pocu.com
Where can I find the form 990 for Post Office Credit Union?
Post Office Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.pocu.com
Learn more at the official website: www.pocu.com
Mission Statement of Post Office Credit Union
Post Office Credit Union, as a member-owned, nonprofit financial cooperative, is dedicated to providing friendly, convenient, and competitive family financial services to its members while maintaining financial integrity. Its mission is to serve its members by offering a variety of deposit accounts and ensuring that these services are accessible and affordable. In 2021, before a merger, the credit union expanded its deposit account offerings by introducing 20 new accounts. As of March 31, 2021, Post Office Credit Union had a membership base of 2,973 individuals, demonstrating its commitment to serving its members effectively.
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Impact
October, 2024
Post Office Credit Union plays a significant role in enhancing the financial well-being of its members by offering a wide range of accessible and competitive financial services. As a member-owned financial cooperative, it prioritizes the needs of its members, ensuring that they receive personalized attention and cost-effective options for their banking needs.
In 2021, the credit union demonstrated its growth and commitment to community service by opening 20 new deposit accounts, reflecting its ongoing efforts to expand membership and support families in Madison, WI. With nearly 3,000 members as of March 31, 2021, Post Office Credit Union fosters a sense of community and collaboration among its members, encouraging them to invest in their financial futures together.
The organization upholds its mission to provide friendly and convenient services, which is vital for member satisfaction and financial integrity. This commitment translates into not just personalized customer service but also into financial products that are designed to benefit families, ultimately contributing to a stronger local economy. By prioritizing member needs, Post Office Credit Union positively impacts individual lives and the broader community.
This information is meant to be a general summary of Post Office 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 2021.
- Investment Income: -$51,136
- Program Service Revenue: $180,292
- Gross Receipts: $2,217,491
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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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
$161,483
ACCOUNT FEES / CHARGES
Revenue
$11,354
OTHER MEMBER RELATED REVENUE
Revenue
$5,456
FEE & INSURANCE REVENUE
Revenue
$1,699
CVR/DMV FEE INCOME
Revenue
$300
Organization Details
Founding Year
1930
Phone
(608) 417-9211Principal Officer
Kevin Yaeger
Main Address
151 WEST CORPORATE DRIVE, MADISON, WI, 53714
Website
www.pocu.comNTEE Category
Code: W60 - Public benefit
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