Overview
What is Piedmont Advantage Credit Union?
Piedmont Advantage Credit Union is a North Carolina-based credit union catering to over 38,000 members. They provide essential banking solutions and boast an extensive network of over 5,000 branches and 35,000 surcharge-free ATMs. Membership is open to individuals living, working, or worshiping in specific North Carolina communities or employed by the credit union's partner companies. The credit union is dedicated to social responsibility and diversity inclusion, aiming to positively impact the local community and state. The organization's mission is to empower employees to serve the communities they operate in, enabling members to access affordable credit and financial services for their wealth and financial livelihood.
Official website here: www.pacu.com
Is Piedmont Advantage Credit Union legitimate?
Piedmont Advantage Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Piedmont Advantage 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,616,320
For more financial information, click here
What is the mission statement of Piedmont Advantage Credit Union?
The Piedmont Advantage Credit Union aims to empower its team members to deliver affordable credit and financial services to the communities they serve. By doing so, the credit union enables its over 38,000 members to grow and sustain their wealth and financial livelihoods. The organization offers valuable banking solutions and is accessible through over 5,000 branches within the shared branch network and 35,000 surcharge-free ATMs. Membership eligibility includes individuals residing, working, or worshipping in one of the eight North Carolina communities the credit union serves, as well as those employed by one of its employer companies. The credit union is committed to social responsibility and diversity inclusion to positively impact its community and state.
Official website here: www.pacu.com
Who is the CEO of Piedmont Advantage Credit Union?
Dion Williams is the President/Ceo of Piedmont Advantage Credit Union. The CEO's salary of Piedmont Advantage Credit Union is $310,916 and their total compensation is $315,916.
Official website here: www.pacu.com
What is the revenue of Piedmont Advantage Credit Union?
Piedmont Advantage Credit Union's revenue in 2022 was $18,839,833.
Official website here: www.pacu.com
Who are the executives of Piedmont Advantage Credit Union and what are their salaries?
The average compensation at Piedmont Advantage Credit Union during 2022 was $47,259. There are 140 employees and 9 volunteers at Piedmont Advantage Credit Union.
Here are 17 key members and their salaries (Piedmont Advantage Credit Union's CEO's salary is $310,916 and their total compensation is $315,916):
- Peter Minford (Cfo)
- Dion Williams (President/Ceo)
- Michael Westbrook (Sr. Financial Advisor)
- Jeanette Stark (Clo/General Counsel)
- Robert Payne (Svp Of It)
- Cheryl Morrell (Vp/Controller)
- Kim Adkins (Svp Of Marketing)
- Sandy Milton (Svp Of Service Strategy)
- Darren Cranfill (Board Member) [Trustee/Director]
- Justine Lerch (Board Member) [Trustee/Director]
- George Price (Board Member) [Trustee/Director]
- Bryan Myers (Board Member) [Trustee/Director]
- Diana Santos-Johnson (Board Member) [Trustee/Director]
- Tom Mekis (Chairman) [Trustee/Director]
- Steve Gilliland (Vice Chairman) [Trustee/Director]
- Mark Saunders (Secretary) [Trustee/Director]
- Mark Linville (Treasurer) [Trustee/Director]
Official website here: www.pacu.com
Where can I find the form 990 for Piedmont Advantage Credit Union?
The Piedmont Advantage Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.pacu.com
Learn more at the official website: www.pacu.com
Mission Statement of Piedmont Advantage Credit Union
Piedmont Advantage Credit Union, a cooperative financial institution, is dedicated to empowering its teammates to serve the communities it caters to, enabling members to access affordable credit and financial services necessary for their wealth and financial livelihood growth. The credit union's mission is geared towards providing valuable banking solutions to over 38,000 members.
By offering membership to individuals living, working, or worshipping in one of the eight North Carolina communities Piedmont Advantage Credit Union serves or to those employed by one of its employer companies, the credit union ensures its reach extends to a vast demographic. With access to over 5,000 branches within the shared branch network and 35,000 surcharge-free ATMs, members can conveniently access their accounts and conduct transactions.
Piedmont Advantage Credit Union's commitment to social responsibility and diversity inclusion is evident in its efforts to positively impact the community and the state. The credit union's teammates work within the communities they serve, fostering strong relationships and ensuring members receive the financial assistance they need.
Impact
This information is meant to be a general summary of Piedmont Advantage Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Piedmont Advantage Credit Union's impact is significant in providing valuable banking solutions to over 38,000 members. With access to over 5,000 branches within the shared branch network and 35,000 surcharge-free ATMs, the credit union plays a key role in offering financial services to individuals in North Carolina. Additionally, the credit union is committed to social responsibility and diversity and inclusion initiatives to positively impact the community and the state. Their mission is to empower their teammates to work within the communities they serve, ensuring that members have access to affordable credit and financial services needed to grow and sustain their wealth and financial livelihood.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$9,714,755
FEES
Revenue
$4,728,627
CUSO FINANCIAL SERVICES
Revenue
$635,769
SVC WARRANTY AND GAP INC
Revenue
$466,922
ATM SURCHARGE INCOME
Revenue
$26,182
Organization Details
Founding Year
1949
Phone
(800) 433-7228
Principal Officer
Dion Williams
Main Address
3530 ADVANTAGE WAY, WINSTON SALEM, NC, 27103
Website
www.pacu.com
NTEE Category
Code: W60 - Public benefit
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