Overview
What is Municipal Employees Credit Union Of Okc?
Municipal Employees Credit Union of OKC, located at 101 North Walker Avenue, Oklahoma City, OK 73102, is a nonprofit financial institution dedicated to serving its membership. The credit union generates funds for future loans through loan interest, thereby increasing the credit availability for its members. Its mission is to provide reliable and beneficial financial services, while maintaining a financially stable institution. With a workforce of 69 employees, the credit union offers prudent and productive financial services to its members, ensuring their financial well-being.
Official website here: www.mecuokc.org
What do the Facebook reviews say about Municipal Employees Credit Union Of Okc?
84% of 35 reviewers on Facebook recommend the Municipal Employees Credit Union of OKC. Here is a summary of their reviews:
Many members express strong appreciation for the staff, highlighting the friendly and helpful nature of the team. Reviewers frequently mention feeling valued and supported, which contributes to a positive banking experience. The sense of community within the credit union appears to be a significant factor in their overall satisfaction.
Overall, those who have interacted with the Municipal Employees Credit Union of OKC feel confident in their services and the support they receive. Many recommend it as a reliable choice for banking needs.
This AI summary has been generated from reviews found on Facebook.
Is Municipal Employees Credit Union Of Okc legitimate?
Municipal Employees Credit Union Of Okc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Municipal Employees Credit Union Of Okc 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: $341,914
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,126,913
For more financial information, click here
Official website here: www.mecuokc.org
What is the mission statement of Municipal Employees Credit Union Of Okc?
The Municipal Employees Credit Union of OKC is committed to offering prudent and productive financial services to its membership, while ensuring the stability of the financial institution. This is achieved by generating loan interest income, which in turn, contributes to the availability of more funds for future loans. By providing these financial services, the credit union aims to cater to the financial needs of its members effectively.
Official website here: www.mecuokc.org
Who is the CEO of Municipal Employees Credit Union Of Okc?
John Cummings is the CEO of Municipal Employees Credit Union Of Okc The CEO's salary of Municipal Employees Credit Union Of Okc is $149,322 and their total compensation is $169,027.
Official website here: www.mecuokc.org
What is the revenue of Municipal Employees Credit Union Of Okc?
Municipal Employees Credit Union Of Okc's revenue in 2023 was $8,215,604.
Official website here: www.mecuokc.org
Who are the executives of Municipal Employees Credit Union Of Okc and what are their salaries?
The average compensation at Municipal Employees Credit Union Of Okc during 2023 was $36,848. There are 67 employees and 9 volunteers at Municipal Employees Credit Union Of Okc.
Here are 12 key members and their salaries (Municipal Employees Credit Union Of Okc's CEO's salary is $149,322 and their total compensation is $169,027):
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- Compensation: $149,322
- Related: $0
- Other: $19,705
- Compensation: $152,040
- Related: $0
- Other: $20,847
- Compensation: $115,171
- Related: $0
- Other: $2,063
Official website here: www.mecuokc.org
Where can I find the form 990 for Municipal Employees Credit Union Of Okc?
Municipal Employees Credit Union Of Okc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mecuokc.org
Learn more at the official website: www.mecuokc.org
Mission Statement of Municipal Employees Credit Union Of Okc
Municipal Employees Credit Union of OKC is committed to providing its members with responsible and productive financial services. Its mission is to maintain a financially sound institution while ensuring an increase in credit availability for its members. The credit union generates income from loan interest, which in turn, is utilized to fund future loans. This cycle not only benefits the members by providing them with access to more credit but also ensures the long-term stability and success of the credit union.
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Impact
October, 2024
Municipal Employees Credit Union of OKC significantly impacts its community by providing prudent and productive financial services tailored for its members. By generating loan interest income, the credit union increases funds available for future loans, enhancing credit availability for its members. This approach not only supports individual financial health but also contributes to the overall economic stability of Oklahoma City. Through its sound financial practices, the credit union fosters a secure environment that empowers members to achieve their financial goals and facilitates growth within the community.
This information is meant to be a general summary of Municipal Employees Credit Union Of Okc. 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 2023.
- Investment Income: $787,981
- Program Service Revenue: $5,324,699
- Gross Receipts: $8,215,604
Assets and Liabilities:
- Total Assets: $165,134,391
- Total Liabilities: $149,561,997
- Net Assets: $15,572,394
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME FROM LOANS
Revenue
$5,324,699
Organization Details
Founding Year
1934
Principal Officer
Je'Neil Torres
Website
www.mecuokc.orgNTEE Category
Code: W60 - Public benefit
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