Overview
What is Vizo Financial Corporate Credit Union?
Vizo Financial Corporate Credit Union, based in Greensboro, North Carolina, serves as a financial cooperative for credit unions, offering a range of services to help them efficiently and cost-effectively serve their members. Their expertise encompasses liquidity services, investment services, and correspondent services, acting as a valuable resource for their members. Vizo Financial's mission is to foster credit union success through proven excellence, expertise, and engaged partnerships, with a team of 184 employees dedicated to this purpose.
Official website here: www.vfccu.org
Is Vizo Financial Corporate Credit Union legitimate?
Vizo Financial Corporate Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Vizo Financial Corporate 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: $1,325,322
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,681,994
For more financial information, click here
Official website here: www.vfccu.org
What is the mission statement of Vizo Financial Corporate Credit Union?
Vizo Financial Corporate Credit Union focuses on delivering liquidity services, investment services, and correspondent services to its member credit unions, enabling them to efficiently and cost-effectively serve their own members. The mission of Vizo Financial is to drive credit union success through proven expertise, excellence, and engaged partnerships. Specifically, they offer settlement and payment services to credit unions, aggregating payments for them to move money electronically in an efficient manner. With a commitment to excellence and expertise, Vizo Financial aims to support the growth and success of its credit union members.
Official website here: www.vfccu.org
Who is the CEO of Vizo Financial Corporate Credit Union?
David Brehmer is the President/Ceo of Vizo Financial Corporate Credit Union. The CEO's salary of Vizo Financial Corporate Credit Union is $568,008 and their total compensation is $632,252.
Official website here: www.vfccu.org
What is the revenue of Vizo Financial Corporate Credit Union?
Vizo Financial Corporate Credit Union's revenue in 2022 was $215,933,784.
Official website here: www.vfccu.org
Who are the executives of Vizo Financial Corporate Credit Union and what are their salaries?
The average compensation at Vizo Financial Corporate Credit Union during 2022 was $70,692. There are 184 employees and 17 volunteers at Vizo Financial Corporate Credit Union.
Here are 17 key members and their salaries (Vizo Financial Corporate Credit Union's CEO's salary is $568,008 and their total compensation is $632,252):
- 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
- Compensation: $568,008
- Related: $0
- Other: $64,244
- Compensation: $287,235
- Related: $0
- Other: $57,307
- Compensation: $290,333
- Related: $0
- Other: $58,195
- Compensation: $272,315
- Related: $0
- Other: $110,379
- Compensation: $259,256
- Related: $0
- Other: $118,885
- Compensation: $239,496
- Related: $0
- Other: $91,264
- Compensation: $216,883
- Related: $0
- Other: $98,985
- Compensation: $205,311
- Related: $0
- Other: $69,472
Official website here: www.vfccu.org
Where can I find the form 990 for Vizo Financial Corporate Credit Union?
Vizo Financial Corporate Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vfccu.org
Learn more at the official website: www.vfccu.org
Mission Statement of Vizo Financial Corporate Credit Union
Vizo Financial Corporate Credit Union, with its mission to drive credit union success, offers proven expertise and engaged partnerships to its members. This financial institution specializes in liquidity services, investment services, and correspondent services, providing credit unions with tools for efficient and cost-effective member service.
The heart of Vizo Financial Corporate Credit Union's operations lies in offering settlement and payment services. By providing aggregated payment services, this credit union helps its members effectively and economically serve their own members. Electronic money transfer solutions are made available, enabling credit unions to streamline their operations and enhance their overall service quality. In essence, Vizo Financial Corporate Credit Union empowers credit unions to focus on their primary mission of serving their members, while the credit union tackles the complexities of payment processing and settlement.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Vizo Financial Corporate Credit Union plays a crucial role in the financial ecosystem for credit unions, providing essential services that enhance their operational efficiency and member satisfaction. By offering liquidity services, investment services, and correspondent services, Vizo Financial enables credit unions to better manage their resources and strategically invest in growth opportunities.
The organization specializes in settlement and payment services, allowing credit unions to access aggregated payment systems that streamline monetary transactions. This efficiency not only reduces costs but also equips credit unions with the necessary tools to facilitate electronic money transfers, ultimately benefiting their members.
Based in Greensboro, North Carolina, Vizo Financial is committed to driving credit union success through a combination of expertise, proven excellence, and strong partnerships. Its mission is centered around enhancing the capabilities of credit unions, which in turn bolsters community engagement and financial access for their members. The impact of Vizo Financial extends beyond individual credit unions, contributing to the overall stability and advancement of the credit union movement.
This information is meant to be a general summary of Vizo Financial Corporate 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: $103,477,400
- Program Service Revenue: $113,094,854
- Gross Receipts: $215,933,784
Assets and Liabilities:
- Total Assets: $6,740,797,633
- Total Liabilities: $6,247,237,000
- Net Assets: $493,560,633
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CORRESPONDENT SERVICES
Revenue
$111,088,783
INCOME ON LOANS
Revenue
$2,006,071
Organization Details
Founding Year
1980
Phone
(336) 217-4992Principal Officer
David Brehmer
Main Address
7900 TRIAD CENTER DRIVE 410, GREENSBORO, NC, 27409
Website
www.vfccu.orgNTEE Category
Code: W60 - Public benefit
If you are a representative of Vizo Financial Corporate Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.