Overview
What is Postal Credit Union?
Postal Credit Union is a member-driven, non-profit financial institution situated in Baton Rouge, Louisiana (LA). With a strong commitment to its members, it offers a variety of financial services such as savings and loans at competitive rates. This credit union operates as a cooperative, aiming to provide its members with a cost-effective solution for their banking needs. As a nonprofit, it serves its members with the primary focus on affordability and accessibility in financial services. The organization currently employs a team of nine individuals.
Official website here: www.brlapcu.com
Is Postal Credit Union legitimate?
Postal Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Postal 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: $360,522
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Official website here: www.brlapcu.com
What is the mission statement of Postal Credit Union?
The Postal Credit Union, being a member-owned and non-profit financial cooperative, serves its members by offering affordable savings and borrowing opportunities. Its mission is to provide competitive financial products, such as savings and loans, to its members at reasonable rates. This member-focused institution aims to act as an affordable and accessible financial resource for its members, promoting financial well-being.
Official website here: www.brlapcu.com
Who is the CEO of Postal Credit Union?
Tynita Howard is the Ceo of Postal Credit Union. The CEO's salary of Postal Credit Union is $0 and their total compensation is $0.
Official website here: www.brlapcu.com
What is the revenue of Postal Credit Union?
Postal Credit Union's revenue in 2022 was $901,144.
Official website here: www.brlapcu.com
Who are the executives of Postal Credit Union and what are their salaries?
The average compensation at Postal Credit Union during 2022 was $40,058. There are 9 employees at Postal Credit Union.
Here are 8 key members and their salaries (Postal Credit Union's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- 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
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.brlapcu.com
Where can I find the form 990 for Postal Credit Union?
Postal Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brlapcu.com
Learn more at the official website: www.brlapcu.com
Mission Statement of Postal Credit Union
Postal Credit Union, as a member-owned and not-for-profit financial cooperative, is on a mission to offer its members an affordable and reliable source of savings and borrowing. This mission is centered around providing financial products such as savings accounts and loans at competitive rates. By operating as a cooperative, Postal Credit Union empowers its members to collectively control and benefit from the financial institution, ensuring that they have access to financial services that cater to their needs. The cooperative structure of Postal Credit Union allows it to prioritize its members' interests above profit, making it a trustworthy and affordable option for financial services.
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Impact
October, 2024
Postal Credit Union creates a significant impact by offering an affordable source of savings and borrowing to its members. As a member-owned financial cooperative, it prioritizes the needs of its members by providing competitive rates on a variety of financial products, including savings accounts and loans. Located in Baton Rouge, Louisiana, the credit union ensures that its services are accessible, fostering financial stability and growth within the community. By focusing on member benefits, Postal Credit Union strengthens local economic resilience and encourages responsible financial management among its members.
This information is meant to be a general summary of Postal 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: $100,635
- Program Service Revenue: $750,509
- Gross Receipts: $901,144
Assets and Liabilities:
- Total Assets: $24,261,888
- Total Liabilities: $19,585,270
- Net Assets: $4,676,618
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest on Member Loan
Revenue
$561,994
Fees and Charges
Revenue
$151,353
NonInterest Income
Revenue
$37,162
Organization Details
Founding Year
1931
Principal Officer
Tynita Howard
Main Address
510 North 6th Street, Baton Rouge, LA, 70802
Website
www.brlapcu.comNTEE Category
Code: W60 - Public benefit
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