Overview
What is Peoples Credit Union?
Peoples Credit Union is a community-focused financial institution, specifically a credit union, situated in Springfield, Colorado. Their primary role, as stated in their mission, is to function as a State Chartered Credit Union. This signifies their commitment to serving the financial needs of their members within the local community, offering banking services that prioritize their members' interests.
Official website here: www.peoples-cu.org
What do the Facebook reviews say about Peoples Credit Union?
96% of 11 reviewers on Facebook recommend Peoples Credit Union. Here is a summary of their reviews:
The general sentiment towards Peoples Credit Union is overwhelmingly positive. Many users express appreciation for the organization’s thoughtful gestures, particularly highlighting the surprise goodies provided to nurses. This kind of support has left a lasting impression, showcasing the credit union's commitment to the community and its members.
Overall, reviewers feel a sense of gratitude and satisfaction towards the services offered, indicating that Peoples Credit Union effectively delivers on its mission. The strong recommendation rate reflects the positive experiences of the users, emphasizing a trusted connection between the credit union and its community.
This AI summary has been generated from reviews found on Facebook.
Is Peoples Credit Union legitimate?
Peoples Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Peoples 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: $111,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $643,365
For more financial information, click here
Official website here: www.peoples-cu.org
What is the mission statement of Peoples Credit Union?
Peoples Credit Union, as a credit union, is committed to serving its members with a mission that aligns with being a state-chartered institution. Its purpose is to provide financial services and resources, operating with the principles and benefits unique to credit unions. While the specific goals or initiatives of Peoples Credit Union beyond its status as a state-chartered credit union are not explicitly stated in the provided information, it is clear that the organization prioritizes serving its members and operating within the framework of a credit union.
Official website here: www.peoples-cu.org
Who is the CEO of Peoples Credit Union?
Deann Billings is the Board Chair of Peoples Credit Union. The CEO's salary of Peoples Credit Union is $111,000 and their total compensation is $111,000.
Official website here: www.peoples-cu.org
What is the revenue of Peoples Credit Union?
Peoples Credit Union's revenue in 2022 was $3,034,890.
Official website here: www.peoples-cu.org
Who are the executives of Peoples Credit Union and what are their salaries?
The average compensation at Peoples Credit Union during 2022 was $47,148. There are 16 employees and 11 volunteers at Peoples Credit Union.
Here are 8 key members and their salaries (Peoples Credit Union's CEO's salary is $111,000 and their total compensation is $111,000):
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $111,000
- Related: $0
- Other: $0
Official website here: www.peoples-cu.org
Where can I find the form 990 for Peoples Credit Union?
Peoples Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.peoples-cu.org
Learn more at the official website: www.peoples-cu.org
Mission Statement of Peoples Credit Union
Peoples Credit Union, as a state-chartered institution, is dedicated to fulfilling its mission as a credit union. This mission is centered around providing financial services to its members, operating under the framework of a credit union. The specifics of its activities and services are not detailed in the provided information, but its status as a state-chartered credit union suggests that it operates with a focus on financial well-being and community service for its members.
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Impact
October, 2024
Peoples Credit Union in Springfield, CO plays a significant role in promoting financial well-being within the community. As a state-chartered credit union, it provides essential financial services that foster economic development and support local residents. By offering competitive loan rates, savings options, and financial education resources, Peoples Credit Union empowers individuals and families to achieve their financial goals.
Its commitment to community welfare is evident through initiatives that prioritize accessible banking services, promote responsible lending, and encourage savings. This focus not only enhances individual financial stability but also contributes to the overall economic vitality of Springfield, making it a key player in fostering a thriving local economy. By prioritizing public benefit, Peoples Credit Union helps create a more resilient and equitable financial landscape for its members and the wider community.
This information is meant to be a general summary of Peoples 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: $142,999
- Program Service Revenue: $2,890,292
- Gross Receipts: $3,034,890
Assets and Liabilities:
- Total Assets: $65,589,501
- Total Liabilities: $53,784,281
- Net Assets: $11,805,220
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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
$2,611,791
Fee Income
Revenue
$239,765
Miscellaneous Income
Revenue
$38,736
Organization Details
Founding Year
1956
Phone
(719) 523-6250Principal Officer
Deann Billings
Main Address
125 Main St, Springfield, CO, 81073
Website
www.peoples-cu.orgNTEE Category
Code: W60 - Public benefit
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