Overview
What is Community 1st Credit Union?
Community 1st Credit Union, headed by Greg Hanshaw, is a state-chartered financial institution based in Ottumwa, Iowa. This credit union offers essential financial services to its members. As a state-chartered organization, it adheres to Iowa's regulatory framework, ensuring a secure and reliable environment for its clientele. By providing financial services, Community 1st Credit Union plays a critical role in helping its members manage their finances effectively.
Official website here: www.c1stcu.com
Is Community 1st Credit Union legitimate?
Community 1st Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Community 1st 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: $1,332,284
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,104,956
For more financial information, click here
Official website here: www.c1stcu.com
What is the mission statement of Community 1st Credit Union?
Community 1st Credit Union is a financial institution dedicated to offering services to its membership. As a state-chartered credit union, it adheres to the regulations set by the state. The credit union provides a range of financial solutions to its members, ensuring they have access to essential financial tools. With a focus on community, it aims to serve its members effectively and efficiently, fostering financial well-being. The organization's mission is to deliver financial services that cater to the unique needs of its members, promoting financial stability and success within the community it serves.
Official website here: www.c1stcu.com
Who is the CEO of Community 1st Credit Union?
Greg Hanshaw is the President/Ce of Community 1st Credit Union.
Official website here: www.c1stcu.com
What is the revenue of Community 1st Credit Union?
Community 1st Credit Union's revenue in 2022 was $48,530,717.
Official website here: www.c1stcu.com
Who are the executives of Community 1st Credit Union and what are their salaries?
The average compensation at Community 1st Credit Union during 2022 was $40,103. There are 360 employees and 11 volunteers at Community 1st Credit Union.
Here are 18 key members and their salaries:
- Compensation: $485,738
- Related: $0
- Other: $0
- Compensation: $435,047
- Related: $0
- Other: $0
- Compensation: $243,949
- Related: $0
- Other: $0
- Compensation: $174,613
- Related: $0
- Other: $0
- Compensation: $171,513
- Related: $0
- Other: $0
- Compensation: $169,866
- Related: $0
- Other: $0
- Compensation: $167,550
- Related: $0
- Other: $0
- Compensation: $151,946
- Related: $0
- Other: $0
- Compensation: $132,718
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.c1stcu.com
Where can I find the form 990 for Community 1st Credit Union?
Community 1st Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.c1stcu.com
Learn more at the official website: www.c1stcu.com
Mission Statement of Community 1st Credit Union
Community 1st Credit Union, a state-chartered financial institution, is spearheaded by Greg Hanshaw and serves its members with a range of financial services. The organization's primary goal is to make a positive impact on its community by offering essential financial solutions.
In essence, Community 1st Credit Union functions as a cooperative financial institution, providing its members with the necessary tools to manage their finances effectively. With a commitment to its members, this credit union ensures that it stays true to its mission as a trusted financial partner.
Through its state charter, Community 1st Credit Union is regulated and supervised by the Iowa Division of Credit Unions. Operating under the leadership of Greg Hanshaw, it offers a variety of financial services tailored to meet the diverse needs of its members. By prioritizing the financial well-being of its community, Community 1st Credit Union stands as a vital resource, empowering its members to secure their financial future.
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Impact
October, 2024
Community 1st Credit Union plays a vital role in enhancing financial stability and promoting economic growth within its community. Located in Ottumwa, Iowa, and led by Greg Hanshaw, the credit union offers a range of financial services tailored to meet the needs of its members. This state-chartered credit union focuses on empowering individuals and families through accessible banking options, savings programs, and loan services, all designed to foster financial literacy and independence.
By prioritizing the needs of its members, Community 1st Credit Union helps improve the overall economic well-being of the community. Its commitment to service encourages local investment and supports the financial health of families and businesses alike. Through various programs, the credit union also engages in initiatives that promote financial education, ensuring that members have the knowledge and resources needed to make informed financial decisions. This multifaceted approach not only benefits its direct members but also contributes to the broader public welfare, reinforcing a sense of community and shared success.
This information is meant to be a general summary of Community 1st 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: $3,831,979
- Program Service Revenue: $44,698,738
- Gross Receipts: $48,530,717
Assets and Liabilities:
- Total Assets: $938,861,640
- Total Liabilities: $855,150,611
- Net Assets: $83,711,029
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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
$32,476,494
FEE INCOME
Revenue
$10,346,186
MISCELLANEOUS INCOME
Revenue
$1,876,058
Organization Details
Founding Year
1936
Phone
(641) 684-5448Principal Officer
Greg Hanshaw
Main Address
PO BOX 737, OTTUMWA, IA, 52501
Website
www.c1stcu.comNTEE Category
Code: W60 - Public benefit
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