Overview
What is Freedom Credit Union?
Freedom Credit Union is a nonprofit organization primarily serving around 3500 members residing in Utah County, Utah. Their primary objective is to offer a comprehensive range of financial services to its members. Through various programs, the credit union aims to meet the diverse financial needs of its members, incurring total program service expenses in the process.
Official website here: www.freedomcu.com
What do the Facebook reviews say about Freedom Credit Union?
100% of 17 reviewers on Facebook recommend Freedom Credit Union. Overall, members express a strong sense of satisfaction with the personalized service they receive at this credit union. Many highlight the friendly and approachable staff, noting that employees take the time to know their clients by name, creating a welcoming atmosphere that makes customers feel valued.
Reviewers also emphasize the competitive auto loan rates offered by Freedom Credit Union, suggesting that their financial products meet a high standard of quality. The positive experiences shared by long-term members showcase a contrast to other financial institutions, where they often feel like just a number.
In summary, Freedom Credit Union is praised for its exceptional customer service and attractive loan offerings, indicating that the organization successfully fulfills its promise of putting members first.
This AI summary has been generated from reviews found on Facebook.
Is Freedom Credit Union legitimate?
Freedom Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Freedom 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: $138,282
Professional Fundraising Fees: $0
Other Salaries and Wages: $512,013
For more financial information, click here
Official website here: www.freedomcu.com
What is the mission statement of Freedom Credit Union?
Freedom Credit Union's mission is centered around providing a comprehensive array of financial services to its members. Currently, the credit union caters to around 3500 individuals, primarily residing in Utah County, Utah. The credit union's mission is to extend these financial services to its members, ensuring they have access to various financial programs. The credit union's activities are geared towards offering its members a full spectrum of financial solutions.
Official website here: www.freedomcu.com
Who is the CEO of Freedom Credit Union?
Thomas Crabb is the Board Chairman of Freedom Credit Union. The CEO's salary of Freedom Credit Union is $138,282 and their total compensation is $138,282.
Official website here: www.freedomcu.com
What is the revenue of Freedom Credit Union?
Freedom Credit Union's revenue in 2022 was $2,318,403.
Official website here: www.freedomcu.com
Who are the executives of Freedom Credit Union and what are their salaries?
The average compensation at Freedom Credit Union during 2022 was $40,643. There are 16 employees and 5 volunteers at Freedom Credit Union.
Here are 6 key members and their salaries (Freedom Credit Union's CEO's salary is $138,282 and their total compensation is $138,282):
- Compensation: $138,282
- 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.freedomcu.com
Where can I find the form 990 for Freedom Credit Union?
Freedom Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.freedomcu.com
Learn more at the official website: www.freedomcu.com
Mission Statement of Freedom Credit Union
Freedom Credit Union, as a nonprofit organization, is committed to providing a comprehensive array of financial services to its members. With an approximate membership base of 3500 individuals, primarily residing in Utah County, Utah, the credit union's mission is to cater to their financial needs effectively. Freedom Credit Union strives to offer a diverse range of programs that cater to the total financial requirements of its members, ensuring they have access to essential financial services.
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Impact
October, 2024
Freedom Credit Union has a significant impact on the financial well-being of its members and the broader community in Utah County. Serving approximately 3,500 members, the credit union provides a comprehensive range of financial services tailored to meet the diverse needs of individuals and families. This accessibility supports members in achieving their financial goals, whether it’s saving for the future, purchasing a home, or managing day-to-day expenses.
By offering personalized financial programs, Freedom Credit Union fosters a sense of community and empowerment among its members. The services provided not only promote financial literacy but also aim to enhance the overall economic health of the region. Through its commitment to delivering high-quality financial support, Freedom Credit Union plays a crucial role in enabling individuals to build sustainable financial futures, ultimately contributing to the prosperity of the entire Utah County community.
This information is meant to be a general summary of Freedom 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: $179,125
- Program Service Revenue: $2,139,278
- Gross Receipts: $2,318,403
Assets and Liabilities:
- Total Assets: $63,162,368
- Total Liabilities: $57,116,107
- Net Assets: $6,046,261
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Income from Loans
Revenue
$1,745,621
Fee Income
Revenue
$127,569
Interchange Income
Revenue
$235,615
Other Income
Revenue
$19,694
Mortgage Income
Revenue
$10,779
Organization Details
Founding Year
1956
Principal Officer
Thomas Crabb
Main Address
815 North Freedom Blvd, Provo, UT, 84604
Website
www.freedomcu.comNTEE Category
Code: W60 - Public benefit
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