Overview
What is Park Community Credit Union Inc?
Park Community Credit Union Inc, also known as PARK, is a state-chartered cooperative association based in Louisville, Kentucky. With a team of 282 employees, PARK is dedicated to fostering savings and lending opportunities for its members. The credit union offers various loans, such as mortgages and vehicle loans, and multiple account options, including share and share draft accounts and share certificates. As a member-owned organization, PARK aims to provide competitive interest and dividend rates, while also offering members convenient ways to access their accounts, such as online and mobile banking and shared branching services.
Official website here: www.parkcommunity.com
Is Park Community Credit Union Inc legitimate?
Park Community Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Park Community Credit Union Inc 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.
Official website here: www.parkcommunity.com
What is the mission statement of Park Community Credit Union Inc?
Park Community Credit Union functions as a state-chartered cooperative association, established to encourage savings among and offer credit to its members. Its primary mission is to foster thrift and serve as a lending source for the community it caters to. The Credit Union provides various types of loans, such as mortgages, vehicle loans, and consumer loans, to its members. Additionally, it offers a range of accounts for members to save and transact, including share and share draft accounts and share certificates. As a member-owned organization, Park Community Credit Union strives to provide competitive interest and dividend rates and offers convenient access to members' accounts through online, mobile banking, and shared branching services.
Official website here: www.parkcommunity.com
Who is the CEO of Park Community Credit Union Inc?
Unavailable
Official website here: www.parkcommunity.com
What is the revenue of Park Community Credit Union Inc?
Park Community Credit Union Inc's revenue in 2020 was $53,014,034.
Official website here: www.parkcommunity.com
Who are the executives of Park Community Credit Union Inc and what are their salaries?
Where can I find the form 990 for Park Community Credit Union Inc?
Park Community Credit Union Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.parkcommunity.com
Learn more at the official website: www.parkcommunity.com
Mission Statement of Park Community Credit Union Inc
Park Community Credit Union, as a state-chartered cooperative association, is dedicated to fostering savings and extending credit to its members. The organization's primary mission is to promote thrift among its members and serve as a reliable credit source. With a member-owned structure, Park Credit Union strives to offer competitive interest and dividend rates to its members while providing convenience through various banking methods, including online and mobile banking and shared branching services.
The Credit Union provides a range of financial products and services to cater to the diverse needs of its members. Mortgage, vehicle, and other consumer loans are among the offerings, enabling members to finance significant purchases or investments. In addition to loans, Park Credit Union offers various accounts for members to save and transact, such as share and share draft accounts and share certificates. These accounts allow members to build savings, earn interest, and manage their finances effectively.
As a cooperative, Park Community Credit Union prioritizes the best interests of its members, maintaining a commitment to providing affordable financial solutions and fostering financial literacy. By offering competitive rates and convenient access to accounts, the Credit Union helps its members manage their money and achieve their financial goals. Through its member-focused approach, Park Community Credit Union has built a strong reputation and a loyal membership base.
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Impact
October, 2024
Park Community Credit Union Inc plays a significant role in fostering financial well-being among its members in Louisville, KY. By promoting thrift and providing a reliable source of credit, the credit union supports individuals and families in achieving their financial goals. Through its offerings, which include mortgage, vehicle, and consumer loans, it helps members make significant purchases and investments, ultimately contributing to their economic stability.
Additionally, Park Community Credit Union provides various savings and transaction accounts, including share and share draft accounts and share certificates, encouraging members to save and manage their finances effectively. By striving to offer competitive interest and dividend rates, the credit union enhances members' financial growth and literacy.
The convenience of online and mobile banking, along with shared branching services, further empowers members by making financial management more accessible. Overall, Park Community Credit Union Inc significantly impacts the local community by supporting financial literacy, providing essential banking services, and fostering a sense of community among its members.
This information is meant to be a general summary of Park Community Credit Union Inc. 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 2020.
- Investment Income: $1,497,977
- Program Service Revenue: $51,516,057
- Gross Receipts: $53,014,034
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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
$37,785,281
Fees and service charges
Revenue
$12,497,219
Credit Union owned life insurance
Revenue
$534,519
Net sales of loans and securities AFS
Revenue
$699,038
Organization Details
Founding Year
2013
Phone
(502) 815-6014Main Address
2515 Blankenbaker Parkway, LOUISVILLE, KY, 40299
Website
www.parkcommunity.comNTEE Category
Code: W61 - Public benefit
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