Overview
What is Columbia Post Office Credit Union?
Columbia Post Office Credit Union is a member-oriented financial institution, functioning as a State Chartered Credit Union. Their primary objective is to extend loans and generate interest on deposits for their members at affordable rates. As a credit union, they prioritize the financial well-being of their membership base by offering financial services in a responsible and reasonable manner.
Is Columbia Post Office Credit Union legitimate?
Columbia Post Office Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Columbia Post Office 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:
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Other Salaries and Wages: $229,560
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What is the mission statement of Columbia Post Office Credit Union?
Columbia Post Office Credit Union, as a State Chartered Credit Union, fulfills its mission by providing its members with affordable loans and generating interest on their deposits. The institution is committed to offering these financial services at reasonable rates, thereby serving its members effectively. By operating as a State Chartered Credit Union, Columbia Post Office Credit Union upholds the principles and regulations of such entities, ensuring its members receive reliable and secure financial services.
Who is the CEO of Columbia Post Office Credit Union?
James Lattimore is the Board Member of Columbia Post Office Credit Union.
What is the revenue of Columbia Post Office Credit Union?
Columbia Post Office Credit Union's revenue in 2022 was $844,406.
Who are the executives of Columbia Post Office Credit Union and what are their salaries?
The average compensation at Columbia Post Office Credit Union during 2022 was $20,869. There are 11 employees at Columbia Post Office Credit Union.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Columbia Post Office Credit Union?
Columbia Post Office Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Columbia Post Office Credit Union
Columbia Post Office Credit Union, as a state-chartered institution, is dedicated to serving its members. Its mission is to extend loans and provide interest on deposits at reasonable rates, acting as a reliable financial partner for its members. By operating under this mission, the credit union aims to provide its members with financial support and growth opportunities, ensuring they can manage their finances in a sustainable and affordable manner.
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Impact
October, 2024
Columbia Post Office Credit Union plays a vital role in the financial well-being of its members in Columbia, SC. By offering loans at reasonable rates, it empowers individuals to achieve their financial goals, whether it’s purchasing a home, funding education, or managing unexpected expenses. Additionally, the credit union provides competitive interest on deposits, encouraging saving and fostering financial stability within the community.
The impact of Columbia Post Office Credit Union extends beyond individual members; it contributes to the economic vitality of the region by promoting responsible borrowing and saving practices. This, in turn, helps to build a stronger local economy, as members are more likely to invest in local businesses and services. The credit union's commitment to its members emphasizes public benefit, enhancing the overall quality of life in Columbia by providing accessible financial services tailored to the needs of the community.
This information is meant to be a general summary of Columbia Post Office 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: $482,539
- Program Service Revenue: $361,867
- Gross Receipts: $844,406
Assets and Liabilities:
- Total Assets: $37,203,720
- Total Liabilities: $31,818,030
- Net Assets: $5,385,690
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INT ON LOAN NET OF REFUND
Revenue
$293,971
MISC INCOME
Revenue
$58,990
FEES AND CHARGES
Revenue
$8,906
Organization Details
Founding Year
1927
Phone
(803) 779-2966Principal Officer
James Lattimore
Main Address
POST OFFICE BOX 985, COLUMBIA, SC, 29202
NTEE Category
Code: W60 - Public benefit
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