Overview
What is Credit Unions In The State Of Washington?
Credit Unions in the State of Washington, specifically referred to as PrimeSource Credit Union, is a nonprofit organization situated in Spokane, Washington. Their primary mission is to serve the financial needs of their members, offering a range of services such as loans and savings programs. Operating without profit for mutual benefits, the credit union is run by both paid employees and volunteers. With a team of 27 individuals, they provide financial assistance to their current and new members, ensuring their financial well-being. The organization's headquarters can be found at PO Box 48275, Spokane, WA 992281275.
Official website here: www.primesourcecu.org
What do the Facebook reviews say about Credit Unions In The State Of Washington?
84% of 23 reviewers on Facebook recommend this credit union. Here is a summary of their reviews:
Many customers express a high level of satisfaction with the credit union, consistently highlighting the quality of customer service. One long-term member shared positive sentiments after eight years of being a customer, indicating a strong relationship built over time.
Overall, patrons appreciate the support and services offered, demonstrating that this credit union meets their financial needs effectively and maintains a loyal customer base.
This AI summary has been generated from reviews found on Facebook.
Is Credit Unions In The State Of Washington legitimate?
Credit Unions In The State Of Washington is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions In The State Of Washington 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: $157,299
Professional Fundraising Fees: $0
Other Salaries and Wages: $773,522
For more financial information, click here
Official website here: www.primesourcecu.org
What is the mission statement of Credit Unions In The State Of Washington?
Credit Unions In The State of Washington, as a mission, operates without profit, serving the financial needs of its members for mutual benefit. The primary activity of this credit union is providing various financial services, such as loans and savings programs, to its members. These services are delivered by both paid employees and dedicated volunteers. The mission of Credit Unions In The State of Washington is centered around providing financial aid to its members, fostering a sense of community, and operating on a non-profit basis.
Official website here: www.primesourcecu.org
Who is the CEO of Credit Unions In The State Of Washington?
Annettee Babb is the Ceo of Credit Unions In The State Of Washington. The CEO's salary of Credit Unions In The State Of Washington is $157,299 and their total compensation is $157,299.
Official website here: www.primesourcecu.org
What is the revenue of Credit Unions In The State Of Washington?
Credit Unions In The State Of Washington's revenue in 2022 was $4,083,346.
Official website here: www.primesourcecu.org
Who are the executives of Credit Unions In The State Of Washington and what are their salaries?
The average compensation at Credit Unions In The State Of Washington during 2022 was $34,475. There are 27 employees and 10 volunteers at Credit Unions In The State Of Washington.
Here are 11 key members and their salaries (Credit Unions In The State Of Washington's CEO's salary is $157,299 and their total compensation is $157,299):
- Compensation: $157,299
- Related: $0
- Other: $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
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.primesourcecu.org
Where can I find the form 990 for Credit Unions In The State Of Washington?
Credit Unions In The State Of Washington's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.primesourcecu.org
Learn more at the official website: www.primesourcecu.org
Mission Statement of Credit Unions In The State Of Washington
Credit Unions in the State of Washington, as a nonprofit organization, is dedicated to serving the financial needs of its current and potential members. The mission of this credit union is rooted in the principle of operating without profit, with the primary focus being on mutual benefits for its members. The credit union's activities are geared towards providing a range of financial services, such as loan and savings programs. These services are not only offered by paid employees but also by volunteers, demonstrating the cooperative nature of the credit union. The organization's operations are centered around the idea of working for the collective benefit of its members, rather than for personal gain.
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Impact
October, 2024
Credit unions in the state of Washington significantly impact their communities by providing essential financial services tailored to the needs of their members. Located in Spokane and throughout the state, these institutions focus on serving both current and prospective members through a diverse array of offerings, including loans and savings programs.
By prioritizing member needs, credit unions contribute to financial literacy and stability, helping individuals and families achieve their financial goals. The services are delivered through dedicated employees and non-paid volunteers, fostering a sense of community and belonging amongst members.
Credit unions also promote responsible lending practices and often offer lower interest rates on loans compared to traditional banking institutions, which can enhance access to credit for those who may struggle to secure financing elsewhere. Furthermore, by encouraging savings and providing financial education programs, credit unions empower their members to make informed decisions about their finances.
Overall, the impact of credit unions in Washington is profound, as they not only serve financial needs but also strengthen the community through their focus on member welfare and public benefit.
This information is meant to be a general summary of Credit Unions In The State Of Washington. 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: $317,845
- Program Service Revenue: $3,423,567
- Gross Receipts: $4,083,346
Assets and Liabilities:
- Total Assets: $97,663,937
- Total Liabilities: $324,699
- Net Assets: $97,339,238
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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
$3,006,195
Service Fees
Revenue
$417,372
Organization Details
Founding Year
1935
Phone
(509) 838-6157Principal Officer
Annettee Babb
Main Address
PO Box 48275, Spokane, WA, 992281275
Website
www.primesourcecu.orgNTEE Category
Code: W03 - Public benefit
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