Overview
What is Tva Community Credit Union?
Tva Community Credit Union, located at 1405 South Wilson Dam Road in Muscle Shalls, Alabama (ZIP code 35661), is a credit union that caters to approximately 19,343 members. Their mission is to offer a range of financial services, encompassing loans, savings, and other financial products. The credit union, with a team of 101 employees, aims to make a difference in the financial lives of its members.
Official website here: www.tvaccu.com
What do the Facebook reviews say about Tva Community Credit Union?
100% of 9 reviewers on Facebook recommend Tva Community Credit Union. Here's a summary of their feedback:
Many reviewers express a strong sense of community and belonging, highlighting how Tva Credit Union feels like more than just a financial institution. The emphasis on being a "family" suggests that members appreciate the supportive environment and strong personal connections. This sentiment points to a positive work culture as well, indicating that both employees and members value their relationships within the organization.
Overall, the enthusiasm surrounding Tva Community Credit Union underscores its commitment to fostering a welcoming atmosphere, making it a favored choice for banking and employment among its users.
This AI summary has been generated from reviews found on Facebook.
Is Tva Community Credit Union legitimate?
Tva Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Tva Community 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: $2,643,407
For more financial information, click here
Official website here: www.tvaccu.com
What is the mission statement of Tva Community Credit Union?
Tva Community Credit Union is committed to delivering financial services to its approximately 19,343 members. Their mission lies in providing access to various loan options, savings accounts, and other financial services. The credit union's primary goal is to cater to the financial needs of its members, offering them essential financial tools to manage their personal and household finances. Through its diverse range of services, Tva Community Credit Union aims to help members improve their financial situation and build a better future. By focusing on the unique requirements of each member, the credit union fosters long-term relationships and positions itself as a trusted financial partner.
Official website here: www.tvaccu.com
Who is the CEO of Tva Community Credit Union?
Sammy Clements is the Ceo of Tva Community Credit Union. The CEO's salary of Tva Community Credit Union is $160,399 and their total compensation is $197,977.
Official website here: www.tvaccu.com
What is the revenue of Tva Community Credit Union?
Tva Community Credit Union's revenue in 2022 was $12,113,228.
Official website here: www.tvaccu.com
Who are the executives of Tva Community Credit Union and what are their salaries?
The average compensation at Tva Community Credit Union during 2022 was $26,172. There are 101 employees and 12 volunteers at Tva Community Credit Union.
Here are 16 key members and their salaries (Tva Community Credit Union's CEO's salary is $160,399 and their total compensation is $197,977):
- Compensation: $443,577
- Related: $0
- Other: $3,098
- Compensation: $160,399
- Related: $0
- Other: $37,578
- Compensation: $77,424
- Related: $0
- Other: $27,579
- Compensation: $289,414
- Related: $0
- Other: $472
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tvaccu.com
Where can I find the form 990 for Tva Community Credit Union?
Tva Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tvaccu.com
Learn more at the official website: www.tvaccu.com
Mission Statement of Tva Community Credit Union
Tva Community Credit Union, a notable credit union, is dedicated to providing financial services to its approximately 19,343 members. In essence, this financial institution goes beyond the typical transactional relationship with its members, aiming to offer them a range of loan, savings, and other financial services.
With a strong commitment to its members, Tva Community Credit Union strives to ensure financial inclusivity. By providing various loan services, the credit union enables its members to access the funds they need for various life events, such as purchasing a home or investing in education. The credit union's offering of savings services also empowers its members to save for future financial goals and build a stronger financial foundation.
The mission of Tva Community Credit Union transcends the mere provision of financial services. By fostering a member-owned and member-controlled organization, it creates a sense of community among its members. This cooperative model allows the credit union to prioritize the financial well-being of each member, making it a reliable and trusted financial partner for them.
The credit union's activities extend beyond the transactions it processes daily. By providing financial education and resources, Tva Community Credit Union aims to help its members make informed financial decisions. This approach not only strengthens the relationship between the credit union and its members but also empowers them to take control of their financial futures.
In summary, Tva Community Credit Union is a mission-driven financial institution that provides financial services to its members with a strong commitment to financial inclusivity, community, and empowerment. It offers a variety of loan and savings services, prioritizes the financial well-being of each member, and fosters a cooperative model that encourages financial education and decision-making.
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Impact
October, 2024
Tva Community Credit Union significantly impacts the financial well-being of its members in Muscle Shoals, Alabama, by offering a wide range of financial services. Serving approximately 19,343 members, the credit union provides essential loan services, which enable individuals to access necessary funds for various needs, from purchasing homes to financing education and managing unexpected expenses.
In addition to loan services, Tva Community Credit Union also helps members save, encouraging financial responsibility and security within the community. The credit union's commitment to meeting the diverse financial needs of its members fosters economic stability and personal growth, allowing individuals and families to thrive.
By prioritizing the needs of its members, Tva Community Credit Union enhances access to financial resources and contributes to the overall well-being of the community. Its focus on public benefit reinforces its role as a vital financial institution, supporting both individual financial goals and broader economic health in the area.
This information is meant to be a general summary of Tva Community 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: $4,529,807
- Program Service Revenue: $7,069,079
- Gross Receipts: $12,113,228
Assets and Liabilities:
- Total Assets: $393,706,380
- Total Liabilities: $371,971,860
- Net Assets: $21,734,520
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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
$5,348,568
FEE INCOME
Revenue
$1,720,511
Organization Details
Founding Year
1936
Phone
(256) 386-3000Principal Officer
Sammy Clements
Main Address
1405 SOUTH WILSON DAM ROAD, MUSCLE SHOALS, AL, 35661
Website
www.tvaccu.comNTEE Category
Code: W60 - Public benefit
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