Overview
What is Vatat Credit Union?
Vatat Credit Union is a financial institution situated in Austin, Texas, specifically at 614 E 12th Street. As a credit union, it aims to enhance its members' lives by promoting financial stability. The credit union offers competitive loan rates, encouraging more members to take advantage of its services, often resulting in members refinancing from higher interest loans to save money. Vatat Credit Union's growth includes an increasing number of ACH auto debit users and the recent addition of online banking and e-statements, in response to member requests. The organization's mission is deeply rooted in ensuring the financial well-being of its members, with a focus on providing a secure and rewarding credit union experience for its shareholders and employees.
Official website here: www.vatatcu.org
What do the Facebook reviews say about Vatat Credit Union?
90% of 13 reviewers on Facebook recommend VATAT Credit Union. Here is a summary of their reviews:
Many members express a long-standing loyalty to VATAT Credit Union, noting positive experiences throughout their time with the organization. However, there are some mentions of dissatisfaction, suggesting that while some members have enjoyed their membership, others feel less positive about their experience.
Overall, VATAT Credit Union appears to maintain a solid reputation among a majority of its members, with many highlighting the value of their services despite a few criticisms.
This AI summary has been generated from reviews found on Facebook.
Is Vatat Credit Union legitimate?
Vatat Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Vatat 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: $135,561
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,000
For more financial information, click here
Official website here: www.vatatcu.org
What is the mission statement of Vatat Credit Union?
Vatat Credit Union's mission is centered around enhancing its members' quality of life through financial stability. The credit union strives to operate in a secure and financially sound manner, ultimately benefiting its shareholder members and employees. As more members take advantage of the union's competitive rates, they are able to save money in their financial transactions. The ACH auto debit service has also experienced growth, and online banking and e-statements are now offered, all in response to member requests.
Official website here: www.vatatcu.org
Who is the CEO of Vatat Credit Union?
Meredith Hartmann is the Loan Officer of Vatat Credit Union. The CEO's salary of Vatat Credit Union is $66,910 and their total compensation is $66,910.
Official website here: www.vatatcu.org
What is the revenue of Vatat Credit Union?
Vatat Credit Union's revenue in 2022 was $491,122.
Official website here: www.vatatcu.org
Who are the executives of Vatat Credit Union and what are their salaries?
The average compensation at Vatat Credit Union during 2022 was $34,890. There are 4 employees and 7 volunteers at Vatat Credit Union.
Here are 9 key members and their salaries (Vatat Credit Union's CEO's salary is $66,910 and their total compensation is $66,910):
- Compensation: $72,146
- Related: $0
- Other: $0
- Compensation: $66,910
- 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
Official website here: www.vatatcu.org
Where can I find the form 990 for Vatat Credit Union?
Vatat Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vatatcu.org
Learn more at the official website: www.vatatcu.org
Mission Statement of Vatat Credit Union
Vatat Credit Union, with a mission to enhance its members' quality of life, prioritizes financial stability. The organization aims to achieve this by operating a credit union that is both secure and profitable. By doing so, Vatat Credit Union can reward its shareholder members and employees. The credit union has seen an increase in loans income as more members take advantage of its competitive rates, often refinancing to save money. The institution's ACH auto debit service has also grown significantly, reflecting the members' trust and preference for the service. Vatat Credit Union now offers online banking and e-statements, catering to its members' convenience requests.
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Impact
October, 2024
Vatat Credit Union significantly enhances the quality of life for its members by promoting financial stability and offering competitive loan products that cater to their needs. As more individuals take advantage of membership, total credit union loans income has seen a modest increase, highlighting the organization's vital role in facilitating access to affordable credit. Many members have benefited from refinancing higher interest loans with Vatat's offerings, effectively saving money and improving their financial situations.
This commitment to financial wellness is further exemplified by the growth of ACH auto debit services and the introduction of online banking and e-statements, which were implemented in response to member requests. Vatat Credit Union's operations emphasize safety and soundness, ensuring that both member shareholders and employees are rewarded while promoting community and public benefit in Austin, Texas. Through these initiatives, Vatat Credit Union continues to make a meaningful impact on its members' financial well-being.
This information is meant to be a general summary of Vatat 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: $22,087
- Program Service Revenue: $431,826
- Gross Receipts: $491,122
Assets and Liabilities:
- Total Assets: $11,164,152
- Total Liabilities: $9,547,874
- Net Assets: $1,616,278
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Organization Details
Founding Year
1961
Phone
(512) 472-3258Principal Officer
Meredith Hartmann
Main Address
614 E 12th Street, Austin, TX, 78701
Website
www.vatatcu.orgNTEE Category
Code: W60 - Public benefit
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