Premier Financial Credit Union

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

EIN: 391020437 ✦ New holstein, WI ✦ Designated as a 501(c)(14)

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Overview

What is Premier Financial Credit Union?

Premier Financial Credit Union is a member-owned financial institution located at 2017 Main Street, New Holstein, Wisconsin 53061. With a dedicated workforce of 65 employees, their primary mission is to offer affordable financial services to their members, including accepting deposits, granting loans, and investing excess funds prudently. They strive to enhance the social and economic life of their community by providing simple yet flexible programs that cater to their members' needs, upholding their friendly, member-owned philosophy.


Official website here: www.yourpfcu.com

Is Premier Financial Credit Union legitimate?

Premier Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Premier Financial 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: $258,596
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,370,944

For more financial information, click here


Official website here: www.yourpfcu.com

What is the mission statement of Premier Financial Credit Union?

Premier Financial Credit Union is committed to serving its membership community in a responsible and member-friendly manner. The credit union provides flexible financial programs to help members improve their social and economic lives. Maintaining its member-owned philosophy, Premier Financial Credit Union offers low-cost financial services, manages members' deposits prudently, and grants loans with their best interests in mind. The credit union's mission is to contribute positively to its members' financial well-being and overall quality of life.


Official website here: www.yourpfcu.com

Who is the CEO of Premier Financial Credit Union?

Brad Grant is the Chairperson of Premier Financial Credit Union. The CEO's salary of Premier Financial Credit Union is $121,673 and their total compensation is $134,969.


Official website here: www.yourpfcu.com

What is the revenue of Premier Financial Credit Union?

Premier Financial Credit Union's revenue in 2022 was $4,403,229.


Official website here: www.yourpfcu.com

Who are the executives of Premier Financial Credit Union and what are their salaries?

The average compensation at Premier Financial Credit Union during 2022 was $25,070. There are 65 employees and 7 volunteers at Premier Financial Credit Union.


Here are 9 key members and their salaries (Premier Financial Credit Union's CEO's salary is $121,673 and their total compensation is $134,969):


Mary Jo Muellenbach (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Mueller (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Burg (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Vergowe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tre Waldren (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Billmann (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Roeck (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Grant (President/Ceo)
  • Compensation: $121,673
  • Related: $0
  • Other: $13,296
Diane Rieder (Vice President/Cfo)
  • Compensation: $105,377
  • Related: $0
  • Other: $18,250


Official website here: www.yourpfcu.com

Where can I find the form 990 for Premier Financial Credit Union?

Premier Financial Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.yourpfcu.com

Learn more at the official website: www.yourpfcu.com

Mission Statement of Premier Financial Credit Union

Premier Financial Credit Union is committed to serving its member community in a responsible and member-owned manner. Their mission is to offer straightforward and adaptable financial programs that aim to enhance the social and economic well-being of its members. Maintaining the friendly and cooperative philosophy of a credit union, Premier Financial Credit Union provides its members with low-cost financial services, such as accepting deposits and extending loans, while investing excess funds prudently. By doing so, the credit union seeks to contribute positively to the overall financial health of its members.

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Impact




October, 2024

Premier Financial Credit Union plays a vital role in enhancing the social and economic well-being of its members and the surrounding community. By offering low-cost financial services, it ensures that individuals have access to affordable banking options, empowering them to manage their finances effectively. The credit union accepts deposits, grants loans, and invests in a prudent manner, which not only supports its members' financial needs but also contributes to community development.

Through simple yet flexible programs tailored for its membership, Premier Financial Credit Union fosters an environment of cooperation and support, promoting financial literacy and stability. Its commitment to maintaining a friendly, member-owned philosophy ensures that members have a voice in the services provided, leading to a more engaged and empowered community. Overall, the impact of Premier Financial Credit Union is significant, as it cultivates a sustainable economic future for its members while strengthening community ties in New Holstein, WI.




This information is meant to be a general summary of Premier Financial 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
$4,403,229 (2022)
Expenses
$3,543,470 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $876,492
  • Program Service Revenue: $3,352,900
  • Gross Receipts: $4,467,705

Assets and Liabilities:

  • Total Assets: $134,440,906
  • Total Liabilities: $124,312,310
  • Net Assets: $10,128,596

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Programs

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

INTEREST INCOME ON LOA

Revenue

$2,333,088

OTHER OPERATING INCOME

Revenue

$693,394

FEE INCOME

Revenue

$326,418

Organization Details

Founding Year

1962

Principal Officer

Brad Grant

Main Address

2017 MAIN STREET, NEW HOLSTEIN, WI, 53061

NTEE Category

Code: W60 - Public benefit

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