Overview
What is True Sky Credit Union?
True Sky Credit Union is a member-owned financial institution located in Oklahoma City, Oklahoma. The credit union offers various savings programs designed to cater to different members' savings lifestyles. These include traditional savings accounts, share certificates (CDs) with flexible terms ranging from 3 to 60 months, IRAs, money market share accounts with higher interest rates for larger balances, and a rewards checking account. Each member invests $5 in the credit union upon joining, which grants them equal voting rights. The mission of True Sky Credit Union is to deliver high-quality services, empowering its members and enhancing their lives. With a workforce of approximately 205 employees, the credit union is committed to serving its members effectively.
Official website here: www.trueskycu.org
Is True Sky Credit Union legitimate?
True Sky Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. True Sky 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $706,342
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,021,814
For more financial information, click here
What is the mission statement of True Sky Credit Union?
True Sky Credit Union is committed to delivering superior service to its members, aiming to enhance their lives. At the heart of the credit union's operations lies its membership share programs. Members can take advantage of a diverse range of savings options, including traditional savings accounts, share certificates (CDs), Individual Retirement Accounts (IRAs), money market share accounts, and a rewards checking account (Optimum Checking Account). Members invest $5 in True Sky Credit Union upon joining, enabling them to have an equal say in the credit union's leadership. This shared investment of $5 guarantees one member, one vote. True Sky Credit Union's savings programs cater to various savings lifestyles, offering flexible terms and competitive interest rates to help its members grow their savings.
Official website here: www.trueskycu.org
Who is the CEO of True Sky Credit Union?
Sean Cahill is the Principal Officer of True Sky Credit Union. The CEO's salary of True Sky Credit Union is $544,611 and their total compensation is $581,799.
Official website here: www.trueskycu.org
What is the revenue of True Sky Credit Union?
Who are the executives of True Sky Credit Union and what are their salaries?
The average compensation at True Sky Credit Union during 2021 was $62,089. There are 205 employees and 12 volunteers at True Sky Credit Union.
Here are 14 key members and their salaries (True Sky Credit Union's CEO's salary is $544,611 and their total compensation is $581,799):
- Sean M Cahill (President/Ceo)
- Julie Gamblin (Chief Administration Offic)
- Toby Ragaini (Chief Information Officer)
- Michael Shockley (Vp Of Consumer Lending)
- Craig Pavlich (Chief Operations Officer)
- Thomas A Michaud (Vp Of It)
- Lyle Y Miyamura (Chief Financial Officer)
- Tanya R Childress (Director)
- Judy Richey (Chairperson) [Trustee/Director]
- Terry Davidson (Treasurer) [Trustee/Director]
- Linda Lindsey (Secretary) [Trustee/Director]
- Kevin E Carrel (Director)
- Greg Hill (Director)
- Lance Maxwell (Vice Chairperson) [Trustee/Director]
Official website here: www.trueskycu.org
Where can I find the form 990 for True Sky Credit Union?
The True Sky Credit Union’s most recent form 990 was submitted in 2021 and can be accessed here
Official website here: www.trueskycu.org
Learn more at the official website: www.trueskycu.org
Mission Statement of True Sky Credit Union
True Sky Credit Union, a member-driven financial institution, is dedicated to delivering top-tier services to empower its members and enhance their lives. At its heart, True Sky Credit Union's mission revolves around its membership share programs, designed to cater to the diverse savings needs of its members.
The credit union offers a multitude of savings options, including traditional savings accounts, Share Certificates with flexible terms ranging from three to sixty months, and Individual Retirement Accounts (IRAs) featuring both certificates and individual shares. Additionally, members can take advantage of Money Market Share Accounts, which provide a higher interest rate for larger balances, and the Optimum Checking Account, which offers a highly competitive interest rate on balances up to $40,000 when certain requirements are met. New members invest a modest $5 in True Sky Credit Union as part of their membership share, granting each member equal voting power in the credit union's leadership through the one member - one vote policy.
Impact
This information is meant to be a general summary of True Sky Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
True Sky Credit Union plays a significant role in empowering its members and enriching their lives through high-quality financial services. By offering a variety of savings programs such as traditional savings accounts, share certificates, IRAs, money market share accounts, and rewards checking, True Sky Credit Union helps its members achieve their financial goals and secure their futures. The unique membership share program, where each member invests $5 in the credit union, ensures that every member has an equal voice in the leadership of the institution. Through its commitment to providing excellent service and financial empowerment, True Sky Credit Union positively impacts the lives of its members and the community it serves in Oklahoma City, OK.
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 2021.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME ON LOANS
Revenue
$29,424,018
FEES/CHARGES/OTHER
Revenue
$4,113,909
FINANCE AND INSURANCE
Revenue
$367,606
Organization Details
Founding Year
1946
Phone
(405) 682-1990
Principal Officer
Sean Cahill
Main Address
PO BOX 26406, OKLAHOMA CITY, OK, 731260406
Website
www.trueskycu.org
NTEE Category
Code: W60 - Public benefit
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