Overview
What is Park City Credit Union?
Park City Credit Union is a financial institution based in Merrill, Wisconsin, with a US address at 501 S Pine Ridge Ave. As of December 31, 2022, they had served a total of 1,378 mortgage and home equity, 8,123 consumer, and 97 member business loan recipients. In addition, they managed 2,215 credit card accounts for their members. Their mission revolves around helping members achieve their goals while contributing to the local community. They had 131 employees working to fulfill this purpose.
Official website here: www.parkcitycu.org
What do the Facebook reviews say about Park City Credit Union?
90% of 277 reviewers on Facebook recommend Park City Credit Union. Here is a summary of their reviews:
Many users appreciate the customer-centric approach of Park City Credit Union, highlighting that the institution prioritizes the needs and respect of its members. Reviewers consistently feel valued and supported in their interactions, reinforcing the credit union's commitment to excellent service.
Overall, the sentiment surrounding Park City Credit Union appears quite positive. Members express satisfaction with their experiences, indicating that the organization largely delivers on its promises and maintains strong relationships with its clientele.
This AI summary has been generated from reviews found on Facebook.
Is Park City Credit Union legitimate?
Park City Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Park City 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: $1,143,719
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,574,275
For more financial information, click here
Official website here: www.parkcitycu.org
What is the mission statement of Park City Credit Union?
Park City Credit Union is dedicated to assisting its members in achieving their goals while contributing to the communities they serve. The mission of the credit union is to help members fulfill their dreams. During the previous year, the credit union approved a significant number of loans, totaling 2,617, to support members in various financial endeavors. The loan portfolio consisted of mortgages and home equity loans, consumer loans, and business loans. Furthermore, the credit union managed over 2,200 credit card accounts for its members as of December 31, 2022.
Official website here: www.parkcitycu.org
Who is the CEO of Park City Credit Union?
Shawn Achterberg is the President/Ceo of Park City Credit Union. The CEO's salary of Park City Credit Union is $322,969 and their total compensation is $380,697.
Official website here: www.parkcitycu.org
What is the revenue of Park City Credit Union?
Park City Credit Union's revenue in 2022 was $13,553,767.
Official website here: www.parkcitycu.org
Who are the executives of Park City Credit Union and what are their salaries?
The average compensation at Park City Credit Union during 2022 was $36,015. There are 131 employees and 25 volunteers at Park City Credit Union.
Here are 14 key members and their salaries (Park City Credit Union's CEO's salary is $322,969 and their total compensation is $380,697):
- Compensation: $322,969
- Related: $0
- Other: $57,728
- Compensation: $151,916
- Related: $0
- Other: $62,390
- Compensation: $121,179
- Related: $0
- Other: $73,600
- Compensation: $127,275
- Related: $0
- Other: $53,562
- Compensation: $93,692
- Related: $0
- Other: $47,008
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
Official website here: www.parkcitycu.org
Where can I find the form 990 for Park City Credit Union?
Park City Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.parkcitycu.org
Learn more at the official website: www.parkcitycu.org
Mission Statement of Park City Credit Union
Park City Credit Union, a mission-driven financial institution, is dedicated to helping its members fulfill their dreams while serving their communities. This commitment is reflected in the numerous loans they granted during the previous year, totaling 2,617. With a diverse loan portfolio, they facilitated 1,378 mortgages and home equity loans, 8,123 consumer loans, and 97 business loans for their members as of December 31, 2022.
Beyond offering financial products, Park City Credit Union extends its reach to its membership base by providing them with 2,215 credit card accounts. This extensive range of services is geared towards supporting members in achieving their financial goals and realizing their dreams. By prioritizing the needs of its members, Park City Credit Union strengthens its communities and fosters economic growth.
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Impact
October, 2024
Park City Credit Union plays a significant role in enhancing the financial well-being of individuals and businesses in its community. In 2022, it funded 2,617 loans, demonstrating a strong commitment to meeting the diverse financial needs of its members. As of December 31, 2022, the credit union managed 1,378 mortgages and home equity loans, supporting homeownership and property investment. Additionally, with 8,123 consumer loans, it empowers members to achieve personal goals, whether for education, vehicles, or other needs.
Moreover, Park City Credit Union fosters local entrepreneurship by managing 97 member business loans, which help small businesses grow and thrive. The institution also oversees 2,215 credit card accounts, providing members with flexible credit solutions. Through these financial services, Park City Credit Union not only helps individual members fulfill their dreams but also significantly contributes to the economic vitality of the Merrill, WI community.
This information is meant to be a general summary of Park City 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: $813,820
- Program Service Revenue: $12,739,947
- Gross Receipts: $13,658,282
Assets and Liabilities:
- Total Assets: $329,193,373
- Total Liabilities: $303,202,967
- Net Assets: $25,990,406
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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
$9,329,565
SERVICE CHARGES AND FEES
Revenue
$1,425,886
OTHER NONINTEREST INCOME
Revenue
$1,055,539
INTERCHANGE INCOME
Revenue
$883,872
SALE OF LOANS
Revenue
$45,085
Organization Details
Founding Year
1938
Phone
(715) 536-8351Principal Officer
Shawn Achterberg
Main Address
501 S PINE RIDGE AVE, MERRILL, WI, 54452
Website
www.parkcitycu.orgNTEE Category
Code: W60 - Public benefit
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