Arcadia Credit Union

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

EIN: 391081863 ✦ Arcadia, WI ✦ Designated as a 501(c)(14)

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Overview

What is Arcadia Credit Union?

Arcadia Credit Union is a nonprofit financial institution based in Arcadia, Wisconsin. With a strong focus on member service, they offer low or no fees and competitive interest rates. During 2022, they approved 1,064 loans, catering to various financial needs such as mortgages, home equity lines, consumer loans, and business loans. As of December 31, 2022, they had 678 mortgage/home equity loans, 1,391 consumer loans, and 112 business loans. Additionally, they manage 856 credit card accounts for their members. The credit union's workforce consists of 27 dedicated individuals.


Official website here: www.arcadiacu.com

Is Arcadia Credit Union legitimate?

Arcadia Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Arcadia 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: $671,759
Professional Fundraising Fees: $0
Other Salaries and Wages: $673,903

For more financial information, click here


Official website here: www.arcadiacu.com

What is the mission statement of Arcadia Credit Union?

Arcadia Credit Union is committed to providing its members with exceptional service, offering low or no fees, and providing competitive interest rates. This mission is reflected in their operations, as evidenced by the 1,064 loans they funded in 2022. The credit union's portfolio includes a range of loan types, such as mortgages/home equity lines, consumer loans, and member business loans. Additionally, Arcadia Credit Union manages 856 credit card accounts for its members. The institution's focus on quality service, low fees, and competitive rates is a testament to their dedication to serving their members effectively.


Official website here: www.arcadiacu.com

Who is the CEO of Arcadia Credit Union?

Michele Roesler is the Chairman of Arcadia Credit Union.


Official website here: www.arcadiacu.com

What is the revenue of Arcadia Credit Union?

Arcadia Credit Union's revenue in 2022 was $4,580,474.


Official website here: www.arcadiacu.com

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

The average compensation at Arcadia Credit Union during 2022 was $49,839. There are 27 employees and 7 volunteers at Arcadia Credit Union.


Here are 8 key members and their salaries:


Ivan Pronschinske (Chairman)
  • Compensation: $3,701
  • Related: $0
  • Other: $0
Robert Braun (Vice-Chair)
  • Compensation: $3,401
  • Related: $0
  • Other: $0
John T Slaby (Treasurer)
  • Compensation: $2,501
  • Related: $0
  • Other: $0
Carol Wineski (Secretary)
  • Compensation: $2,401
  • Related: $0
  • Other: $0
Joseph Haines (Director)
  • Compensation: $2,101
  • Related: $0
  • Other: $0
Dale Howard (Director)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Bruce Schweisthal (Director)
  • Compensation: $2,101
  • Related: $0
  • Other: $0
Michele Roesler (President)
  • Compensation: $501,864
  • Related: $0
  • Other: $152,489


Official website here: www.arcadiacu.com

Where can I find the form 990 for Arcadia Credit Union?

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


Official website here: www.arcadiacu.com

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

Mission Statement of Arcadia Credit Union

Arcadia Credit Union is committed to delivering high-quality service, keeping fees minimal, and offering competitive interest rates to its members. This mission statement underscores the credit union's dedication to its members' financial well-being. In practice, this commitment is reflected in the services it provides. During 2022, Arcadia Credit Union funded 1,064 loans, demonstrating its ability to meet its members' financial needs. As of December 31, 2022, the credit union had a diverse range of loan products, including 678 mortgages and home equity lines, 1,391 consumer loans, and 112 business loans. Furthermore, Arcadia Credit Union managed 856 credit card accounts on behalf of its members, signaling its commitment to providing a comprehensive suite of financial services. In summary, Arcadia Credit Union's mission is to provide its members with superior service, affordable fees, and attractive interest rates, as evidenced by its loan portfolio and credit card offerings.

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Impact




October, 2024

Arcadia Credit Union plays a significant role in fostering financial well-being within the community. In 2022, the credit union funded 1,064 loans, demonstrating its commitment to providing accessible financial services. As of December 31, 2022, it supported 678 mortgages and home equity lines, 1,391 consumer loans, and 112 member business loans, highlighting its impact on both individual and business financial growth.

Additionally, Arcadia Credit Union maintains 856 credit card accounts, further enhancing its members' financial capabilities. The organization emphasizes quality service, low or no fees, and competitive rates, ensuring that members receive valuable financial support. Its efforts contribute to the public benefit, making a positive difference in the economic landscape of Arcadia, Wisconsin.




This information is meant to be a general summary of Arcadia 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
$4,580,474 (2022)
Expenses
$3,596,505 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $180,155
  • Program Service Revenue: $4,400,319
  • Gross Receipts: $4,580,474

Assets and Liabilities:

  • Total Assets: $115,271,165
  • Total Liabilities: $101,346,340
  • Net Assets: $13,924,825

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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

$3,914,673

FEE INCOME

Revenue

$485,646

Organization Details

Founding Year

1963

Principal Officer

Michele Roesler

Main Address

PO BOX 187, ARCADIA, WI, 54612

NTEE Category

Code: W60 - Public benefit

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