Overview
What is Rocky Mountain Credit Union?
The Rocky Mountain Credit Union, based in Helena, Montana, is a member-owned financial cooperative serving over 24,000 residents primarily from Montana. With a commitment to enhancing their members' lives, the credit union offers a range of financial services including counseling, education, and insurance protection. In addition, they provide settlement, correspondence, investment, loan education, and other services tailored to their members' needs. By partnering with their members, Rocky Mountain Credit Union aims to build trust and respect while ensuring a secure and service-focused environment. Their team of 119 dedicated employees supports this mission.
Official website here: www.rmcu.net
Is Rocky Mountain Credit Union legitimate?
Rocky Mountain Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Rocky Mountain 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: $534,783
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,048,719
For more financial information, click here
Official website here: www.rmcu.net
What is the mission statement of Rocky Mountain Credit Union?
The Rocky Mountain Credit Union is committed to enhancing the lives of its members by offering a reliable and customer-focused credit union experience. As a member-owned financial cooperative, it strives to build trust and respect within the community. The credit union provides various financial services including counseling, education, insurance protection, and consumer information. It offers settlement, correspondence, investment, loan education, and other services to its extensive member base, surpassing 24,000 primarily Montana residents. Through its comprehensive range of financial offerings and dedication to its members, the Rocky Mountain Credit Union aims to make a positive impact on the lives of those it serves.
Official website here: www.rmcu.net
Who is the CEO of Rocky Mountain Credit Union?
Steve Sendon is the Chair of Rocky Mountain Credit Union. The CEO's salary of Rocky Mountain Credit Union is $290,359 and their total compensation is $337,682.
Official website here: www.rmcu.net
What is the revenue of Rocky Mountain Credit Union?
Rocky Mountain Credit Union's revenue in 2022 was $16,619,836.
Official website here: www.rmcu.net
Who are the executives of Rocky Mountain Credit Union and what are their salaries?
The average compensation at Rocky Mountain Credit Union during 2022 was $46,920. There are 119 employees and 12 volunteers at Rocky Mountain Credit Union.
Here are 14 key members and their salaries (Rocky Mountain Credit Union's CEO's salary is $290,359 and their total compensation is $337,682):
- 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
- Compensation: $290,359
- Related: $0
- Other: $47,323
- Compensation: $164,100
- Related: $0
- Other: $33,001
- Compensation: $145,066
- Related: $0
- Other: $29,759
- Compensation: $131,531
- Related: $0
- Other: $31,875
- Compensation: $130,974
- Related: $0
- Other: $25,708
- Compensation: $133,053
- Related: $0
- Other: $22,522
- Compensation: $115,625
- Related: $0
- Other: $30,241
Official website here: www.rmcu.net
Where can I find the form 990 for Rocky Mountain Credit Union?
Rocky Mountain Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rmcu.net
Learn more at the official website: www.rmcu.net
Mission Statement of Rocky Mountain Credit Union
Rocky Mountain Credit Union, a member-owned financial cooperative, is dedicated to enhancing the lives of its members by offering a secure and service-focused credit union that fosters trust and respect. This institution serves over 24,000 primarily Montana residents, providing them with a wide array of financial services.
At the heart of Rocky Mountain Credit Union's mission is the commitment to improve the quality of life for its members. By offering a secure banking environment, the credit union builds trust and respect, enabling its members to confidently manage their finances. The credit union's service-oriented approach extends beyond standard financial transactions, with additional offerings including counseling, financial education, newsletters, deposit and loan insurance protection, and consumer information.
Rocky Mountain Credit Union goes above and beyond in catering to the unique financial needs of its members. Besides the essential settlement, correspondence, investment, and loan education services, the credit union also provides specialized assistance to help its members make informed decisions about their financial future. Through these extensive offerings, Rocky Mountain Credit Union partners with its members to create a strong, supportive financial community.
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Impact
October, 2024
Rocky Mountain Credit Union has made a significant impact by enhancing the financial well-being of over 24,000 primarily Montana residents. Through its commitment to providing a secure, service-focused environment, the credit union fosters trust and respect within the community. It offers a diverse range of financial services, including counseling, education, and insurance protection, tailored to meet the unique needs of its members.
By prioritizing member support, Rocky Mountain Credit Union empowers individuals with the knowledge and resources necessary to make informed financial decisions. Its educational initiatives, such as newsletters and financial literacy programs, contribute to a more financially aware community. Moreover, the credit union’s emphasis on personalized service ensures that members feel valued and understood, further strengthening the bond between the institution and its community.
In addition to traditional banking services, Rocky Mountain Credit Union provides essential resources like loan education and investment guidance, helping to navigate the complexities of financial management. Overall, the credit union plays a vital role in improving the quality of life for its members, demonstrating a steadfast commitment to community and financial empowerment.
This information is meant to be a general summary of Rocky Mountain 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: $552,959
- Program Service Revenue: $15,825,920
- Gross Receipts: $16,619,836
Assets and Liabilities:
- Total Assets: $364,773,546
- Total Liabilities: $336,048,499
- Net Assets: $28,725,047
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$11,222,032
FEES AND CHARGES
Revenue
$4,385,951
SALE OF LOANS HELD-FOR-SALE
Revenue
$217,937
Organization Details
Founding Year
1940
Phone
(406) 447-1102Principal Officer
Steve Sendon
Main Address
3400 NORTH MONTANA, HELENA, MT, 59601
Website
www.rmcu.netNTEE Category
Code: W60 - Public benefit
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