Overview
What is New Orleans Port Commission Ecu?
New Orleans Port Commission Ecu is a credit union situated at 1350 PORT OF NEW ORLEANS PL, New Orleans, LA 70130. As a member-driven organization, its primary mission is to offer an affordable source of credit and savings to its members. The credit union stands out for its competitive interest rate of 1.00% on share accounts, as well as an affordable checking account service that comes with no service charge and below-market rates on fees such as bounced checks and overdraft protection. Additionally, the credit union provides free debit card service to its members, making financial transactions more convenient. With a team of three dedicated employees, New Orleans Port Commission Ecu is committed to enhancing the financial well-being of its members.
Is New Orleans Port Commission Ecu legitimate?
New Orleans Port Commission Ecu is a legitimate nonprofit organization registered as a 501(c)(14) entity. New Orleans Port Commission Ecu 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: $34,616
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,788
For more financial information, click here
What is the mission statement of New Orleans Port Commission Ecu?
The New Orleans Port Commission Ecu, through its mutual membership benefit program, continues to prioritize providing an affordable source of credit and savings to its credit union membership. They offer a competitive interest rate of 1.00% on share accounts, making savings accessible. Additionally, their checking account service is very affordable, with no service charge and below-market rates on fees like bounced checks and overdraft protection. Furthermore, New Orleans Port Commission Ecu provides free debit card service, ensuring members have convenient and cost-effective access to their funds.
Who is the CEO of New Orleans Port Commission Ecu?
Barry M Henry is the Treasurer of New Orleans Port Commission Ecu.
What is the revenue of New Orleans Port Commission Ecu?
New Orleans Port Commission Ecu's revenue in 2022 was $233,738.
Who are the executives of New Orleans Port Commission Ecu and what are their salaries?
The average compensation at New Orleans Port Commission Ecu during 2022 was $23,468. There are 3 employees at New Orleans Port Commission Ecu.
Here are 9 key members and their salaries:
- Compensation: $21,616
- Related: $0
- Other: $0
- Compensation: $13,000
- 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
Where can I find the form 990 for New Orleans Port Commission Ecu?
New Orleans Port Commission Ecu's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Orleans Port Commission Ecu
New Orleans Port Commission Ecu, a credit union, is committed to continuing its mutual membership benefit program. This program aims to provide an affordable source of credit and savings to its members. One of the ways it achieves this is by offering a competitive interest rate of 1.00% on share accounts. This is a significant advantage for its members, as it allows them to grow their savings more effectively.
Furthermore, New Orleans Port Commission Ecu offers a highly affordable checking account service. This service comes with no service charge, which is a rare find in the banking sector. Additionally, the fees associated with services like bounced checks and overdraft protection are kept below market rate. This means that members can avoid unnecessary charges, making their banking experience more cost-effective.
Moreover, New Orleans Port Commission Ecu provides its members with free debit card service. This is a valuable benefit, as debit cards are a necessary tool for everyday transactions. By offering this service for free, the credit union is helping its members to save money and manage their finances more efficiently. Overall, New Orleans Port Commission Ecu's mission is to provide its members with affordable and accessible banking services, helping them to manage their finances effectively and grow their savings.
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Impact
October, 2024
The New Orleans Port Commission ECU significantly enhances financial accessibility for its members by offering a range of favorable banking options. With a competitive interest rate of 1.00% on share accounts, it encourages savings among its members. The checking account service is designed to be highly affordable, eliminating service charges and maintaining below-market rates on fees for services like bounced checks and overdraft protection.
This commitment to cost-effective banking options is complemented by the provision of free debit card services, further facilitating easy access to funds. The overall impact is a mutual membership benefit program that empowers individuals with an affordable source of credit and savings, fostering economic stability within the New Orleans community. By prioritizing fair financial practices, the New Orleans Port Commission ECU plays a crucial role in supporting the economic well-being of its members.
This information is meant to be a general summary of New Orleans Port Commission Ecu. 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: $173,388
- Gross Receipts: $233,738
Assets and Liabilities:
- Total Assets: $4,115,165
- Total Liabilities: $3,533,088
- Net Assets: $582,077
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Organization Details
Founding Year
1952
Phone
(504) 528-3279Principal Officer
Barry M Henry
Main Address
1350 PORT OF NEW ORLEANS PL, NEW ORLEANS, LA, 70130
NTEE Category
Code: W60 - Public benefit
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