Overview
What is State Chartered Credit Unions In Ms Members Exchange Credit Union?
State Chartered Credit Unions in MS, represented by Members Exchange Credit Union, is a nonprofit organization situated in Jackson, Mississippi. With a primary mission, they aim to promote thrift opportunities and offer affordable loans to their 14,123 members. As a credit union, they operate under state charter regulations, ensuring financial security and accessibility for their members. Serving as a local financial institution, Members Exchange Credit Union provides essential financial services and fosters financial well-being within its community.
Official website here: www.mecuanywhere.com
What do the Facebook reviews say about State Chartered Credit Unions In Ms Members Exchange Credit Union?
86% of 35 reviewers on Facebook recommend Members Exchange Credit Union. Here is a summary of their reviews:
While most customers express satisfaction with the credit union's services, there are notable reservations from some. Positive sentiments include appreciation for the friendly staff and the variety of financial products offered. However, there is criticism regarding service quality, with a few users suggesting that the experience may be better at competing institutions.
Overall, the sentiment leans towards a satisfactory experience for many members, but there is room for improvement in addressing the concerns raised by a minority of reviewers.
This AI summary has been generated from reviews found on Facebook.
Is State Chartered Credit Unions In Ms Members Exchange Credit Union legitimate?
State Chartered Credit Unions In Ms Members Exchange Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. State Chartered Credit Unions In Ms Members Exchange 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: $1,225,684
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,630,066
For more financial information, click here
Official website here: www.mecuanywhere.com
What is the mission statement of State Chartered Credit Unions In Ms Members Exchange Credit Union?
State Chartered Credit Unions in Mississippi, specifically Members Exchange Credit Union, is dedicated to serving its members by providing access to thrift opportunities and affordable loans. Their mission is centered around facilitating financial well-being for their members by offering these financial services at reasonable costs. With a membership of over 14,000 individuals, this credit union aims to promote financial stability and independence among its members. By offering thrift opportunities, they encourage savings and financial responsibility, while the low-cost loans provide access to credit when needed, thereby supporting their members' financial goals.
Official website here: www.mecuanywhere.com
Who is the CEO of State Chartered Credit Unions In Ms Members Exchange Credit Union?
Mitzi Tate is the Board Chairman of State Chartered Credit Unions In Ms Members Exchange Credit Union. The CEO's salary of State Chartered Credit Unions In Ms Members Exchange Credit Union is $352,356 and their total compensation is $386,469.
Official website here: www.mecuanywhere.com
What is the revenue of State Chartered Credit Unions In Ms Members Exchange Credit Union?
State Chartered Credit Unions In Ms Members Exchange Credit Union's revenue in 2022 was $9,495,349.
Official website here: www.mecuanywhere.com
Who are the executives of State Chartered Credit Unions In Ms Members Exchange Credit Union and what are their salaries?
The average compensation at State Chartered Credit Unions In Ms Members Exchange Credit Union during 2022 was $58,281. There are 49 employees and 10 volunteers at State Chartered Credit Unions In Ms Members Exchange Credit Union.
Here are 13 key members and their salaries (State Chartered Credit Unions In Ms Members Exchange Credit Union's CEO's salary is $352,356 and their total compensation is $386,469):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $352,356
- Related: $0
- Other: $34,113
- Compensation: $182,553
- Related: $0
- Other: $20,928
- Compensation: $219,937
- Related: $0
- Other: $24,018
- Compensation: $119,685
- Related: $0
- Other: $18,490
- Compensation: $122,331
- Related: $0
- Other: $22,573
- Compensation: $90,803
- Related: $0
- Other: $17,896
Official website here: www.mecuanywhere.com
Where can I find the form 990 for State Chartered Credit Unions In Ms Members Exchange Credit Union?
State Chartered Credit Unions In Ms Members Exchange Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mecuanywhere.com
Learn more at the official website: www.mecuanywhere.com
Mission Statement of State Chartered Credit Unions In Ms Members Exchange Credit Union
State Chartered Credit Unions In Ms Members Exchange Credit Union, as its name suggests, is committed to providing thrift opportunities and offering affordable loans to its members. This mission is at the heart of its operations, aiming to serve its 14,123 members effectively. By providing these financial services, the credit union strives to make financial resources more accessible and affordable for its members, thereby promoting financial well-being within its community.
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Impact
October, 2024
State Chartered Credit Unions In MS Members Exchange Credit Union plays a significant role in enhancing the financial wellbeing of its community in Jackson, Mississippi. By focusing on providing thrift opportunities and low-cost loans, the credit union serves a diverse membership of 14,123 individuals. This promotes financial stability and encourages saving habits among its members.
The organization’s efforts help individuals and families access affordable financing options, making it easier for them to achieve their financial goals, whether that be purchasing a home, financing education, or managing unexpected expenses. Additionally, the credit union fosters a sense of community by prioritizing the needs of its members and investing in local development, driving economic growth in the region. In essence, Members Exchange Credit Union is critical in creating accessible financial services and promoting thrift, contributing to a more financially literate and secure community.
This information is meant to be a general summary of State Chartered Credit Unions In Ms Members Exchange 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: $757,860
- Program Service Revenue: $4,321,835
- Gross Receipts: $9,496,328
Assets and Liabilities:
- Total Assets: $134,829,554
- Total Liabilities: $109,580,202
- Net Assets: $25,249,352
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST INCOME
Revenue
$4,321,835
Organization Details
Founding Year
1954
Phone
(601) 923-4324Principal Officer
Mitzi Tate
Main Address
PO BOX 31049, JACKSON, MS, 392861049
Website
www.mecuanywhere.comNTEE Category
Code: W61 - Public benefit
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