Century Credit Union

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

EIN: 430704245 ✦ Saint louis, MO ✦ Designated as a 501(c)(14)

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Overview

What is Century Credit Union?

Century Credit Union is a financial cooperative situated in Saint Louis, Missouri, specifically at 1540 Lemay Ferry Rd. This organization's primary mission is to encourage its members to save their funds and offer them loans at affordable rates. By doing so, Century Credit Union helps its members avoid incurring high-interest costs. The cooperative also provides competitive services, ensuring its members receive value for their financial transactions. With a workforce of 35 employees, Century Credit Union strives to make a positive impact within its community by offering financial assistance and promoting financial savings.


Official website here: www.centurycu.org

What do the Facebook reviews say about Century Credit Union?

98% of 19 reviewers on Facebook recommend this credit union. Here is a summary of their reviews:

Overall, users express a high level of satisfaction with the services provided by Century Credit Union. Many highlight the helpfulness and professionalism of the staff, specifically mentioning positive interactions with tellers like Melika. This personal touch seems to enhance the member experience significantly.

The general sentiment indicates a strong trust in the credit union, as members feel well-supported and appreciated. Overall, it appears that Century Credit Union genuinely fulfills its promises to its clients, making it a preferred choice for many.


This AI summary has been generated from reviews found on Facebook.

Is Century Credit Union legitimate?

Century Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Century 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: $271,742
Professional Fundraising Fees: $0
Other Salaries and Wages: $892,521

For more financial information, click here


Official website here: www.centurycu.org

What is the mission statement of Century Credit Union?

Century Credit Union's mission is centered around encouraging its members to save and providing them with loans at reasonable rates. This is accomplished by offering competitive services. As a financial cooperative, Century Credit Union is able to return profits to its members, which translates into lower loan rates, saving members from paying high interest costs. The credit union's activities are geared towards promoting financial well-being among its members.


Official website here: www.centurycu.org

Who is the CEO of Century Credit Union?

Robert Eike is the President of Century Credit Union.


Official website here: www.centurycu.org

What is the revenue of Century Credit Union?

Century Credit Union's revenue in 2022 was $5,465,248.


Official website here: www.centurycu.org

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

The average compensation at Century Credit Union during 2022 was $33,265. There are 35 employees and 8 volunteers at Century Credit Union.


Here are 7 key members and their salaries:


Robert Eike (President)
  • Compensation: $271,742
  • Related: $0
  • Other: $0
Mark Falkner (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Sip (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Banister (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Pauly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leo Chirco (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Mcbride (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.centurycu.org

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

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


Official website here: www.centurycu.org

Learn more at the official website: www.centurycu.org

Mission Statement of Century Credit Union

Century Credit Union's mission is centered around inspiring its members to save funds and offering them loans at affordable rates, all while providing competitive services. Acting as a financial cooperative, Century Credit Union is capable of returning profits to its members in the form of reduced loan interest rates. This advantage helps members avoid paying exorbitant interest costs. In essence, Century Credit Union's mission is to empower its members by fostering a savings culture and providing them with reasonable loan options, thereby ensuring financial well-being.

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Impact




October, 2024

Century Credit Union significantly impacts the Saint Louis community by encouraging savings and providing loans at reasonable rates. As a financial cooperative, it prioritizes returning profits to its members, which translates into lower loan rates. This approach not only aids members in avoiding high-interest costs but also fosters a culture of financial responsibility and empowerment. By offering competitive services, Century Credit Union enhances the financial well-being of its members, contributing to economic growth and stability within the community.




This information is meant to be a general summary of Century 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
$5,465,248 (2022)
Expenses
$3,867,390 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $837,684
  • Program Service Revenue: $3,214,681
  • Gross Receipts: $5,465,248

Assets and Liabilities:

  • Total Assets: $147,352,731
  • Total Liabilities: $122,798,901
  • Net Assets: $24,553,830

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Programs

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

INCOME FROM MEMBERS LOANS

Revenue

$3,214,681

Organization Details

Founding Year

1954

Principal Officer

Robert Eike

Main Address

1540 Lemay Ferry Rd, Saint Louis, MO, 63125

NTEE Category

Code: W60 - Public benefit

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