Consumer Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 620962107 ✦ Greeneville, TN ✦ Designated as a 501(c)(14)

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Overview

What is Consumer Credit Union?

Consumer Credit Union is a nonprofit financial institution based in Greeneville, Tennessee, with an address at 3634 E Andrew Johnson Hwy. They serve a member base of 36,041 individuals (as of December 31, 2022), offering various financial services. These services include, but are not limited to, loans, savings and checking accounts, certificates of deposits, IRAs, and other similar financial products. Additionally, they provide ancillary services such as ATM/debit cards, credit cards, travel cards, money orders, and lock boxes. Their mission is to cater to the financial needs of their members, ensuring they have access to reliable and convenient financial tools.


Official website here: www.consumercreditunion.com

Is Consumer Credit Union legitimate?

Consumer Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Consumer 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: $389,081
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,786,847

For more financial information, click here


Official website here: www.consumercreditunion.com

What is the mission statement of Consumer Credit Union?

Consumer Credit Union serves a membership base of over 36,000 individuals, offering them various financial services. The organization's primary mission is to deliver financial solutions, which encompass loans, savings and checking accounts, certificates of deposits, IRAs, and other financial products. In addition, they provide members with various conveniences such as ATM/debit cards, credit cards, travel cards, money orders, gift cards, and lock boxes. The aim is to cater to the diverse financial needs of its members.


Official website here: www.consumercreditunion.com

Who is the CEO of Consumer Credit Union?

Amanda Kilday is the President of Consumer Credit Union.


Official website here: www.consumercreditunion.com

What is the revenue of Consumer Credit Union?

Consumer Credit Union's revenue in 2022 was $20,055,124.


Official website here: www.consumercreditunion.com

Who are the executives of Consumer Credit Union and what are their salaries?

The average compensation at Consumer Credit Union during 2022 was $43,133. There are 120 employees and 8 volunteers at Consumer Credit Union.


Here are 14 key members and their salaries:


Amanda Kilday (President)
  • Compensation: $389,081
  • Related: $0
  • Other: $0
Leroy Gray (Executive Vp)
  • Compensation: $361,468
  • Related: $0
  • Other: $0
Susan Acuff (Svp/Cfo)
  • Compensation: $183,490
  • Related: $0
  • Other: $0
Brian Allen (Evp/Chief Information Officer/Compliance)
  • Compensation: $183,482
  • Related: $0
  • Other: $0
William A Rambo Ii (Svp/Commercial Lending)
  • Compensation: $180,240
  • Related: $0
  • Other: $0
Daniel Hawk (Svp/Commercial Lending)
  • Compensation: $155,248
  • Related: $0
  • Other: $0
Marcia Whaley (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Renner (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Cook (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Burton Googe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Harris (Board Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Patchett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Pectol (Board Member Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Coughlin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.consumercreditunion.com

Where can I find the form 990 for Consumer Credit Union?

Consumer Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.consumercreditunion.com

Learn more at the official website: www.consumercreditunion.com

Mission Statement of Consumer Credit Union

Consumer Credit Union, a financial services provider, is committed to offering a range of services to its 36,041 members. With a mission to cater to the financial needs of its members, the Union provides them with various offerings such as loans, savings and checking accounts, certificates of deposits, and IRAs. In addition to these basic services, Consumer Credit Union extends other conveniences including ATM/debit cards, credit cards, travel cards, gift cards, money orders, and lock boxes. By doing so, the Union aims to make banking more accessible and convenient for its members.

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Impact




October, 2024

Consumer Credit Union significantly impacts the financial well-being of its 36,041 members in Greeneville, TN, by providing a variety of essential financial services. Through its offerings, which include loans, savings and checking accounts, and certificates of deposits, the credit union empowers individuals to manage their finances effectively and achieve their financial goals.

By facilitating access to credit and savings options, Consumer Credit Union enhances financial stability within the community. Its diverse array of services also includes ATM/debit cards, credit cards, travel cards, gift cards, money orders, and lock boxes, further supporting the daily financial needs of its members.

This commitment to comprehensive financial services fosters a sense of community and belonging among members, as they can rely on Consumer Credit Union not only for traditional banking services but also for tools that assist in everyday transactions and long-term savings. Overall, Consumer Credit Union plays a vital role in promoting financial literacy and security in Greeneville, contributing to the economic health of the region.




This information is meant to be a general summary of Consumer 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.

Revenue
$20,055,124 (2022)
Expenses
$16,324,737 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,097,009
  • Program Service Revenue: $13,548,584
  • Gross Receipts: $26,247,692

Assets and Liabilities:

  • Total Assets: $603,731,277
  • Total Liabilities: $563,150,303
  • Net Assets: $40,580,974

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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

$13,548,584

Organization Details

Founding Year

1953

Principal Officer

Amanda Kilday

Main Address

3634 E ANDREW JOHNSON HWY, GREENEVILLE, TN, 37745

NTEE Category

Code: W60 - Public benefit

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