Overview
What is Denver Community Credit Union?
Denver Community Credit Union Dba Zing Credit Union is a financial institution located at 1075 Acoma Street in Denver, Colorado (CO 80204). With a mission to promote thrift and provide affordable credit to its members, the credit union offers a diverse range of financial products and services to over 36,000 served. By enabling members to save and accumulate payments on shares, the Credit Union then offers loans from these savings to its members. The credit union's workforce consists of 128 employees dedicated to helping its members thrive financially.
Official website here: www.denvercommunity.coop
What do the Facebook reviews say about Denver Community Credit Union?
74% of 49 reviewers on Facebook recommend Denver Community Credit Union. Here is a summary of their reviews:
Customer service seems to be a significant concern based on several remarks. One individual experienced immense frustration regarding the handling of their vehicle loan and insurance situation. They described the credit union's communication and response as inadequate, leading to unresolved issues surrounding title release and unexpected charges. This experience has left a lasting negative impression, indicating a gap in customer support and resolution processes.
While some customers may appreciate certain aspects of the credit union, the dissatisfaction highlighted in these reviews suggests that many feel their service does not meet expectations, especially in complex or sensitive situations. Overall, there appears to be a notable need for improvement in addressing customer concerns efficiently and courteously.
This AI summary has been generated from reviews found on Facebook.
Is Denver Community Credit Union legitimate?
Denver Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Denver Community 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: $1,795,165
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.denvercommunity.coop
What is the mission statement of Denver Community Credit Union?
Denver Community Credit Union, doing business as Zing Credit Union, is dedicated to encouraging thrift among its members and offering them affordable credit. By providing the opportunity for members to save and accumulate payments on shares, the credit union can then make loans using these savings. The financial institution offers a range of financial products and services to its members, serving over 36,000 individuals. The mission of Zing Credit Union is to foster savings and extend lower-cost credit to its members.
Official website here: www.denvercommunity.coop
Who is the CEO of Denver Community Credit Union?
Shane Silvernale is the Board Member of Denver Community Credit Union. The CEO's salary of Denver Community Credit Union is $453,532 and their total compensation is $477,709.
Official website here: www.denvercommunity.coop
What is the revenue of Denver Community Credit Union?
Denver Community Credit Union's revenue in 2022 was $20,539,634.
Official website here: www.denvercommunity.coop
Who are the executives of Denver Community Credit Union and what are their salaries?
The average compensation at Denver Community Credit Union during 2022 was $14,025. There are 128 employees and 12 volunteers at Denver Community Credit Union.
Here are 14 key members and their salaries (Denver Community Credit Union's CEO's salary is $453,532 and their total compensation is $477,709):
- 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
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $453,532
- Related: $0
- Other: $24,177
- Compensation: $460,725
- Related: $0
- Other: $23,577
- Compensation: $219,720
- Related: $0
- Other: $26,620
- Compensation: $174,443
- Related: $0
- Other: $18,410
- Compensation: $132,411
- Related: $0
- Other: $17,296
- Compensation: $173,842
- Related: $0
- Other: $17,796
- Compensation: $163,402
- Related: $0
- Other: $14,890
Official website here: www.denvercommunity.coop
Where can I find the form 990 for Denver Community Credit Union?
Denver Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.denvercommunity.coop
Learn more at the official website: www.denvercommunity.coop
Mission Statement of Denver Community Credit Union
Denver Community Credit Union Dba Zing Credit Union, a financial institution dedicated to its members, works towards the promotion of thrift and the provision of affordable credit. By enabling its members to save and accumulate payments on shares, the credit union creates an opportunity for loans to be made from these savings. In essence, Zing Credit Union empowers its members to save and borrows from their own collective funds, thereby keeping costs low.
Zing Credit Union's primary objective is to provide an extensive range of financial products and services to its over 36,000 members. By doing so, the credit union not only helps its members manage their finances effectively but also offers them the opportunity to save and invest for their future. The credit union's mission is rooted in the belief that by encouraging thrift and providing affordable credit, its members can improve their financial well-being.
Moreover, the credit union's approach to financial services is member-centric. It prioritizes the needs and goals of its members, ensuring that they have access to the tools and resources necessary to make informed financial decisions. Through its various offerings, Denver Community Credit Union Dba Zing Credit Union aims to help its members build a solid financial foundation and secure a brighter future.
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Impact
October, 2024
Denver Community Credit Union plays a vital role in fostering financial stability and growth among its members by promoting thrift and providing accessible credit options. With over 36,000 members, the credit union offers a diverse range of financial products and services tailored to meet the needs of its community.
By encouraging members to save and accumulate payments on shares, the credit union instills a sense of financial discipline while also facilitating loan opportunities that are often more affordable than traditional banking options. This not only empowers individuals to achieve their financial goals but also strengthens the overall economic health of the Denver community. In essence, Denver Community Credit Union serves as a financial cornerstone, dedicated to enhancing the financial well-being of its members and promoting responsible financial practices.
This information is meant to be a general summary of Denver Community 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: $2,091,738
- Program Service Revenue: $18,407,536
- Gross Receipts: $27,812,944
Assets and Liabilities:
- Total Assets: $437,413,993
- Total Liabilities: $392,426,218
- Net Assets: $44,987,775
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS TO MEMBERS
Revenue
$11,298,791
OTHER INCOME
Revenue
$4,367,238
FEES AND CHARGES
Revenue
$2,741,507
Organization Details
Founding Year
1934
Phone
(303) 573-1170Principal Officer
Shane Silvernale
Main Address
1075 ACOMA STREET, DENVER, CO, 80204
Website
www.denvercommunity.coopNTEE Category
Code: W60 - Public benefit
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