Overview
What is Credit Unions Chartered In The State Of Utah?
Credit Unions Chartered In The State Of Utah, specifically referring to Pacific Horizon Credit Union, is a member-driven financial institution located in Utah. Its primary mission involves providing members with competitive loan rates and substantial returns on their savings. As a nonprofit, it operates solely for the benefit of its members, rather than for profit. The institution offers financial services with a focus on fostering financial well-being among its members.
Official website here: www.pacifichorizoncu.com
What do the Facebook reviews say about Credit Unions Chartered In The State Of Utah?
96% of 22 reviewers on Facebook recommend this credit union. Here’s an overview of their sentiments:
Many members express deep satisfaction with the long-standing relationships they've built with the institution. A notable review highlights a member’s positive experience spanning several years, showcasing the personal and dedicated service they received.
Overall, patrons appreciate the credit union’s commitment to members, suggesting that it consistently delivers excellent service and support. The strong recommendation rate indicates that customers feel valued and are likely to continue their association with this credit union.
This AI summary has been generated from reviews found on Facebook.
Is Credit Unions Chartered In The State Of Utah legitimate?
Credit Unions Chartered In The State Of Utah is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions Chartered In The State Of Utah 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: $114,196
Professional Fundraising Fees: $0
Other Salaries and Wages: $650,983
For more financial information, click here
Official website here: www.pacifichorizoncu.com
What is the mission statement of Credit Unions Chartered In The State Of Utah?
Credit Unions Chartered In Utah, specifically Pacific Horizon Credit Union, operates as a member-owned financial institution. Its mission is to provide its members with reduced loan rates and high returns on savings. This member-oriented approach aims to benefit its members financially, offering them favorable terms for their financial transactions. Pacific Horizon Credit Union serves as a cooperative, where members collectively contribute to and profit from its operations. It's a collective savings and loan organization, catering to the financial needs of its members.
Official website here: www.pacifichorizoncu.com
Who is the CEO of Credit Unions Chartered In The State Of Utah?
Steve Clayson is the Ceo of Credit Unions Chartered In The State Of Utah. The CEO's salary of Credit Unions Chartered In The State Of Utah is $114,196 and their total compensation is $114,196.
Official website here: www.pacifichorizoncu.com
What is the revenue of Credit Unions Chartered In The State Of Utah?
Credit Unions Chartered In The State Of Utah's revenue in 2022 was $5,619,420.
Official website here: www.pacifichorizoncu.com
Who are the executives of Credit Unions Chartered In The State Of Utah and what are their salaries?
The average compensation at Credit Unions Chartered In The State Of Utah during 2022 was $31,882. There are 24 employees and 8 volunteers at Credit Unions Chartered In The State Of Utah.
Here are 9 key members and their salaries (Credit Unions Chartered In The State Of Utah's CEO's salary is $114,196 and their total compensation is $114,196):
- Compensation: $114,196
- 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: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pacifichorizoncu.com
Where can I find the form 990 for Credit Unions Chartered In The State Of Utah?
Credit Unions Chartered In The State Of Utah's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pacifichorizoncu.com
Learn more at the official website: www.pacifichorizoncu.com
Mission Statement of Credit Unions Chartered In The State Of Utah
Credit Unions Chartered In Utah, identified as Pacific Horizon Credit Union, operates as a member-oriented financial institution. Their mission is centered around providing reduced loan rates and ensuring high returns on savings for their members. In essence, they are committed to serving their members financially by offering competitive interest rates on loans and attractive returns on savings deposits. By doing so, Pacific Horizon Credit Union aims to foster financial well-being and stability among its member-base.
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Impact
October, 2024
Credit Unions Chartered in the State of Utah, such as Pacific Horizon Credit Union, play a significant role in the local economy and community well-being. As member-owned financial institutions, they focus on serving the financial needs of their members rather than maximizing profits. This structure allows them to offer competitive advantages, such as reduced loan rates, which make borrowing more accessible and affordable for individuals and families.
Additionally, these credit unions typically provide higher returns on savings accounts, encouraging members to save more and build financial security. By prioritizing the interests of their members, they foster a sense of community and trust, promoting financial literacy and supporting local initiatives.
In Springville and across Utah, credit unions contribute to financial inclusion, helping underserved populations gain access to financial services and support. Their emphasis on local investment strengthens the regional economy, creating a positive feedback loop that benefits all members of the community. Overall, the impact of credit unions like Pacific Horizon extends beyond individual financial gains, enhancing community resilience and economic stability.
This information is meant to be a general summary of Credit Unions Chartered In The State Of Utah. 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: $30,444
- Program Service Revenue: $5,588,976
- Gross Receipts: $5,619,420
Assets and Liabilities:
- Total Assets: $117,594,895
- Total Liabilities: $106,763,893
- Net Assets: $10,831,002
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Member Loan Interest
Revenue
$4,500,086
Member Fees & Charges
Revenue
$241,157
Other Income
Revenue
$847,733
Organization Details
Founding Year
1954
Phone
(801) 489-3605Principal Officer
Steve Clayson
Main Address
96 East Center, Springville, UT, 84663
Website
www.pacifichorizoncu.comIf you are a representative of Credit Unions Chartered In The State Of Utah and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.