Overview
What is Ashland Credit Union?
Ashland Credit Union is a financial cooperative based at 1300 Central Avenue in Ashland, Kentucky (41101). Its primary mission is to offer loans and various financial services to its members, aiming to promote savings and operate within the best interests of the credit union and its members. The credit union's operations focus on providing essential loans to its membership base.
Official website here: www.ashlandcu.org
What do the Facebook reviews say about Ashland Credit Union?
96% of 55 reviewers on Facebook recommend Ashland Credit Union. Here's a summary of their reviews:
Many supporters express high satisfaction with the services offered by Ashland Credit Union, highlighting the friendliness and professionalism of the staff. Reviewers mention positive experiences, especially concerning loans and credit card services, with specific praise for individual team members who have gone above and beyond in providing assistance and support.
Overall, the organization appears to deliver on its promises, fostering a sense of trust and rapport among its members. Customers appreciate the attention to their needs and the respectful, helpful interactions they have experienced, contributing to a strong community bond.
This AI summary has been generated from reviews found on Facebook.
Is Ashland Credit Union legitimate?
Ashland Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Ashland 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,194,628
For more financial information, click here
Official website here: www.ashlandcu.org
What is the mission statement of Ashland Credit Union?
Ashland Credit Union is dedicated to serving its members by offering them loans as a primary function. This financial institution exists to encourage savings and, in turn, extends interest-bearing loans to its members. Beyond loans, Ashland Credit Union provides various financial services, always acting in the best interests of the organization and its members. The mission of Ashland Credit Union is to promote thrift and offer loans, with a focus on benefiting its members.
Official website here: www.ashlandcu.org
Who is the CEO of Ashland Credit Union?
Larry J Lucas is the President of Ashland Credit Union.
Official website here: www.ashlandcu.org
What is the revenue of Ashland Credit Union?
Ashland Credit Union's revenue in 2022 was $16,845,160.
Official website here: www.ashlandcu.org
Who are the executives of Ashland Credit Union and what are their salaries?
There 30 volunteers at Ashland Credit Union.
Here are 12 key members and their salaries:
- Compensation: $295,608
- Related: $0
- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
- Compensation: $0
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- Compensation: $0
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- Other: $0
Official website here: www.ashlandcu.org
Where can I find the form 990 for Ashland Credit Union?
Ashland Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ashlandcu.org
Learn more at the official website: www.ashlandcu.org
Mission Statement of Ashland Credit Union
Ashland Credit Union, a financial institution dedicated to its members, is committed to promoting thrift and providing loans to its customer base. This mission is twofold: first, encouraging savings, and second, extending loans that cater to the financial needs of its members. Operating in the best interests of both the credit union and its members, Ashland Credit Union offers a range of financial services.
The primary objective of Ashland Credit Union lies in its ability to offer loan opportunities to its members. By doing so, it empowers individuals to meet their financial goals and overcome financial challenges. The credit union's membership-driven approach fosters a strong sense of community and mutual support, as members rely on one another for financial guidance and assistance.
Ashland Credit Union's mission extends beyond lending, as it also aims to serve its members' financial needs in the most comprehensive way possible. The credit union's purpose is to not only make interest-bearing loans but also to offer additional financial services. These services are designed to benefit its members, ensuring they have access to the resources they need to manage their finances effectively and build a solid financial foundation.
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Impact
October, 2024
Ashland Credit Union plays a vital role in the financial well-being of its community. By offering loans to its members, the credit union promotes responsible borrowing and helps individuals achieve their financial goals. With a focus on fostering thrift and providing various financial services, Ashland Credit Union empowers its members to manage their finances more effectively.
Located in Ashland, KY, the credit union not only supports the economic growth of its members but also enhances the overall financial stability of the community. Through its commitment to making interest-bearing loans and maintaining the best interests of both the institution and its members, Ashland Credit Union actively contributes to the public benefit, ensuring that community members have access to essential financial resources.
This information is meant to be a general summary of Ashland 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: $1,112,784
- Program Service Revenue: $12,858,661
- Gross Receipts: $16,845,160
Assets and Liabilities:
- Total Assets: $351,968,150
- Total Liabilities: $312,656,091
- Net Assets: $39,312,059
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME
Revenue
$12,835,946
RENTAL INCOME
Revenue
$19,505
ATM SURCHARGES
Revenue
$3,210
Organization Details
Phone
(606) 329-5489Principal Officer
Larry J Lucas
Main Address
1300 CENTRAL AVENUE, ASHLAND, KY, 411017550
Website
www.ashlandcu.orgNTEE Category
Code: W60 - Public benefit
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