Overview
What is Cedar Falls Community Credit Union?
Cedar Falls Community Credit Union serves as a financial institution, specifically categorized as a State Chartered Credit Union, situated in the Cedar Falls, Iowa area. Led by Chad Kaeppel, this credit union is dedicated to providing financial services to its members within the credit union domain. The organization's primary mission is to cater to the financial needs of its community, operating under the umbrella of credit unions.
Official website here: www.cfccu.org
What do the Facebook reviews say about Cedar Falls Community Credit Union?
92% of 26 reviewers on Facebook recommend the Cedar Falls Community Credit Union. Here is a summary of their reviews:
Many users express a strong sense of loyalty to the credit union, sharing that they have been banking there for a long time and appreciate the positive atmosphere. The staff is consistently described as kind, caring, and helpful, making customers feel valued and well-supported in their banking needs.
Overall, the sentiment is predominantly positive, with customers emphasizing their satisfaction with the services provided. It seems that Cedar Falls Community Credit Union is succeeding in creating a welcoming environment that encourages long-term relationships with its members.
This AI summary has been generated from reviews found on Facebook.
Is Cedar Falls Community Credit Union legitimate?
Cedar Falls Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Cedar Falls Community 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,519,929
For more financial information, click here
Official website here: www.cfccu.org
What is the mission statement of Cedar Falls Community Credit Union?
Cedar Falls Community Credit Union functions as a State Chartered Credit Union, serving its members with financial services. Its mission, in essence, is to operate as a financial institution that caters to its members' financial needs. The credit union does not disclose a specific mission statement in the provided data, but its status as a State Chartered Credit Union implies a commitment to providing financial services to its members, adhering to the principles of credit unions, which often include promoting financial well-being, democratizing access to financial services, and operating on a not-for-profit basis.
Official website here: www.cfccu.org
Who is the CEO of Cedar Falls Community Credit Union?
Chad Kaeppel is the President/Ce of Cedar Falls Community Credit Union.
Official website here: www.cfccu.org
What is the revenue of Cedar Falls Community Credit Union?
Cedar Falls Community Credit Union's revenue in 2022 was $7,994,501.
Official website here: www.cfccu.org
Who are the executives of Cedar Falls Community Credit Union and what are their salaries?
The average compensation at Cedar Falls Community Credit Union during 2022 was $33,042. There are 46 employees and 11 volunteers at Cedar Falls Community Credit Union.
Here are 12 key members and their salaries:
- Compensation: $132,000
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- Other: $0
Official website here: www.cfccu.org
Where can I find the form 990 for Cedar Falls Community Credit Union?
Cedar Falls Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfccu.org
Learn more at the official website: www.cfccu.org
Mission Statement of Cedar Falls Community Credit Union
Cedar Falls Community Credit Union, led by Chad Kaeppel, serves as a State Chartered Credit Union. As a financial institution, its mission is to operate within the realm of credit unions, providing financial services to its members. While the specifics of its services and offerings are not detailed in the provided information, it can be inferred that as a credit union, Cedar Falls Community Credit Union aims to promote financial well-being and empowerment among its members, offering savings, loans, and other financial products and services in a not-for-profit manner. The credit union operates under the regulations and guidelines set by the state, ensuring financial stability and member protection.
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Impact
October, 2024
Cedar Falls Community Credit Union plays a significant role in the Cedar Falls, IA area by providing financial services tailored to meet the needs of its members. Operated under the guidance of Chad Kaeppel, the credit union fosters a sense of community by prioritizing the financial well-being of its members.
With a commitment to public benefit, Cedar Falls Community Credit Union offers various financial products and services, promoting responsible lending and financial education. This ensures that individuals and families have access to affordable banking options that can help them achieve their financial goals. Additionally, the credit union's local focus enables it to contribute positively to the community’s economy, reinforcing a cycle of support and growth that benefits all residents of Cedar Falls.
This information is meant to be a general summary of Cedar Falls Community 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: $655,579
- Program Service Revenue: $7,338,922
- Gross Receipts: $7,994,501
Assets and Liabilities:
- Total Assets: $180,405,285
- Total Liabilities: $152,875,164
- Net Assets: $27,530,121
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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
$5,479,240
MISCELLANEOUS INCOME
Revenue
$1,566,742
FEE INCOME
Revenue
$292,940
Organization Details
Founding Year
1958
Phone
(319) 266-7531Principal Officer
Chad Kaeppel
Main Address
123 W 4TH STREET, CEDAR FALLS, IA, 50613
Website
www.cfccu.orgNTEE Category
Code: W60 - Public benefit
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