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Potlach No 1 Financial Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 820201645 ✦ Lewiston, ID ✦ Designated as a 501(c)(14)

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Overview

What is Potlach No 1 Financial Credit Union?

Potlach No 1 Financial Credit Union is a member-focused financial institution located in Lewiston, Idaho, with over 118,000 members. They provide various financial services, ranging from consumer auto and mortgage lending to commercial loans, deposit accounts like savings, checking, money markets, and CDs. Committed to sincerity, fairness, courtesy, respect, and gratitude, the credit union delivers unparalleled responsiveness, expertise, efficiency, and accuracy. Their mission lies in building lasting relationships, treating members with the same dedication, and offering personalized services and top-tier products. The credit union boasts a team of caring professionals, ensuring the needs of each member are met with utmost responsibility.


Official website here: www.p1fcu.org

Is Potlach No 1 Financial Credit Union legitimate?

Potlach No 1 Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Potlach No 1 Financial 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: $6,799,208
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,597,858

For more financial information, click here


Official website here: www.p1fcu.org

What is the mission statement of Potlach No 1 Financial Credit Union?

Potlach No 1 Financial Credit Union is committed to serving every member with unmatched sincerity, fairness, courtesy, respect, and gratitude. Their delivery of these values is marked by unparalleled responsiveness, expertise, efficiency, and accuracy. The credit union aims to build lasting relationships with members, treating them as they would like to be treated. They offer top-tier personal service and products, with dedicated team members taking full responsibility for meeting each member's specific needs.


Official website here: www.p1fcu.org

Who is the CEO of Potlach No 1 Financial Credit Union?

Christopher Loseth is the President/Ceo of Potlach No 1 Financial Credit Union. The CEO's salary of Potlach No 1 Financial Credit Union is $2,140,116 and their total compensation is $2,744,551.


Official website here: www.p1fcu.org

What is the revenue of Potlach No 1 Financial Credit Union?

Potlach No 1 Financial Credit Union's revenue in 2022 was $101,119,936.


Official website here: www.p1fcu.org

Who are the executives of Potlach No 1 Financial Credit Union and what are their salaries?

The average compensation at Potlach No 1 Financial Credit Union during 2022 was $65,004. There are 483 employees and 11 volunteers at Potlach No 1 Financial Credit Union.


Here are 24 key members and their salaries (Potlach No 1 Financial Credit Union's CEO's salary is $2,140,116 and their total compensation is $2,744,551):


Christopher Loseth (President/Ceo)
  • Compensation: $2,140,116
  • Related: $0
  • Other: $604,435
Craig Emerson (Chief Financial Officer)
  • Compensation: $891,165
  • Related: $0
  • Other: $514,708
Betty Barnes (Senior Vp Of Credit Administration)
  • Compensation: $230,177
  • Related: $0
  • Other: $326,353
Troy Sandvick (Chief Data Officer)
  • Compensation: $415,930
  • Related: $0
  • Other: $102,708
Patti Meshishnek (Evp/Clo (Thru 8/22))
  • Compensation: $427,319
  • Related: $0
  • Other: $22,454
Michael Vogeler (Chief Operations Officer)
  • Compensation: $322,213
  • Related: $0
  • Other: $86,992
Clinton Johnson (Vice President Of Data & Analytics)
  • Compensation: $236,615
  • Related: $0
  • Other: $144,053
Brent Gifford (Chief Information Officer)
  • Compensation: $326,741
  • Related: $0
  • Other: $43,916
Nathanael Norman (Vp Of Information Technology)
  • Compensation: $200,790
  • Related: $0
  • Other: $104,347
Jana Erny (Chief Experience Officer)
  • Compensation: $286,178
  • Related: $0
  • Other: $2,181
Paul Mccall (Controller)
  • Compensation: $173,046
  • Related: $0
  • Other: $107,817
Richard Paige (Chief Strategy & Lending Officer)
  • Compensation: $241,339
  • Related: $0
  • Other: $14,345
Dennis Janikowski (Senior Vice President Of Lending)
  • Compensation: $232,337
  • Related: $0
  • Other: $17,374
David Lumley (Business Sales Representative)
  • Compensation: $174,079
  • Related: $0
  • Other: $50,736
Douglas Mushlitz (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Leer (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Pfliger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Bly (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Cummins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Morschek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tod Dickeson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda Keefer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Kinzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon Laurie (Director (Thru 8/22))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.p1fcu.org

Where can I find the form 990 for Potlach No 1 Financial Credit Union?

Potlach No 1 Financial Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.p1fcu.org

Learn more at the official website: www.p1fcu.org

Mission Statement of Potlach No 1 Financial Credit Union

Potlach No 1 Financial Credit Union is committed to serving every member with the utmost sincerity, fairness, courtesy, respect, and gratitude. This commitment is delivered with unparalleled responsiveness, expertise, efficiency, and accuracy. The credit union aims to build lasting relationships with its members, treating them with the same care and consideration that it would want for itself.

At the heart of Potlach No 1 Financial Credit Union's mission is a dedication to providing exceptional personal service. The credit union's team members take full responsibility for understanding and addressing each member's unique financial needs. By offering a range of top-tier products and services, Potlach No 1 Financial Credit Union empowers its members to achieve their financial goals.

Potlach No 1 Financial Credit Union's pledge to its members extends beyond just transactional interactions. The credit union is focused on creating meaningful, long-term relationships built on trust and mutual respect. It is in the business of delivering unparalleled service, ensuring that its members feel valued and appreciated at every turn.

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Impact




October, 2024

Potlach No 1 Financial Credit Union significantly impacts its community by providing comprehensive financial services to 118,889 members. Through offerings such as consumer auto lending, mortgage lending, commercial lending, deposit accounts, savings, checking, money markets, and CDs, it fosters financial wellness and accessibility.

The commitment to serve every member with sincerity, fairness, courtesy, respect, and gratitude establishes a strong foundation for trust. Their mission of creating lasting relationships is evident in their dedication to personalized service; team members take full responsibility for meeting individual member needs. This approach not only addresses financial concerns but also enhances overall community well-being through responsive and efficient service.




This information is meant to be a general summary of Potlach No 1 Financial 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.

Revenue
$101,119,936 (2022)
Expenses
$88,932,937 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,892,353
  • Program Service Revenue: $92,340,767
  • Gross Receipts: $101,274,849

Assets and Liabilities:

  • Total Assets: $2,025,490,365
  • Total Liabilities: $1,905,319,019
  • Net Assets: $120,171,346

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN INTEREST

Revenue

$66,450,815

INTERCHANGE INCOME

Revenue

$8,596,407

DEPOSIT SERVICE CHARGES AND FEES

Revenue

$7,264,154

LOAN SERVICING INCOME

Revenue

$4,305,950

OTHER NONOPERATING

Revenue

$3,760,069

Organization Details

Founding Year

2019

Principal Officer

Christopher Loseth

Main Address

1025 WARNER AVENUE, LEWISTON, ID, 83501

NTEE Category

Code: W61 - Public benefit

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