Credit Unions In The State Of Washington

Red Canoe Credit Union

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 910565155 ✦ Longview, WA ✦ Designated as a 501(c)(14)

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Overview

What is Credit Unions In The State Of Washington?

Credit Unions in the State of Washington is a nonprofit financial cooperative, chartered by the state, dedicated to providing services and benefits to its members based on the principle of mutual self-help. This Credit Union operates with a mission to cooperatively offer financial assistance and advantages to its members. There is no specific information regarding the description of their activities or the scope of their mission beyond being a state-chartered credit union.


Official website here: www.redcanoecu.com

What do the Facebook reviews say about Credit Unions In The State Of Washington?

80% of the 56 reviewers on Facebook recommend this credit union. Here is a summary of their reviews:

Many patrons express satisfaction with the personalized service they receive, noting that staff members recognize them and make them feel valued. Users appreciate the supportive environment and highlight that they have not encountered any issues while banking here.

Overall, it seems this credit union effectively meets the expectations of its members, with a focus on building strong relationships and providing reliable service.


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: $2,718,555
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,552,344

For more financial information, click here


Official website here: www.redcanoecu.com

What is the mission statement of Credit Unions In The State Of Washington?

The Credit Union in question is a member-driven financial cooperative, with a mission to extend services and advantages to its members. It operates based on the principle of mutual self-help, aiming to collectively benefit its members. The institution is committed to providing cooperative financial solutions, enabling members to improve their economic well-being. Through this collaborative effort, the Credit Union strives to create a community of financially empowered individuals, working towards common financial goals. By focusing on the needs of its members, the Credit Union fosters a strong sense of belonging and camaraderie among its community.


Official website here: www.redcanoecu.com

Who is the CEO of Credit Unions In The State Of Washington?

David Spaulding is the President/Ceo of Credit Unions In The State Of Washington. The CEO's salary of Credit Unions In The State Of Washington is $1,174,853 and their total compensation is $1,234,917.


Official website here: www.redcanoecu.com

What is the revenue of Credit Unions In The State Of Washington?

Credit Unions In The State Of Washington's revenue in 2022 was $47,686,849.


Official website here: www.redcanoecu.com

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 $49,210. There are 290 employees and 12 volunteers at Credit Unions In The State Of Washington.


Here are 36 key members and their salaries (Credit Unions In The State Of Washington's CEO's salary is $1,174,853 and their total compensation is $1,234,917):


David Spaulding (President/Ceo)
  • Compensation: $1,174,853
  • Related: $0
  • Other: $60,064
Rich Wilson (Cfo)
  • Compensation: $354,855
  • Related: $0
  • Other: $62,979
Deidra Miner (Coo)
  • Compensation: $306,446
  • Related: $0
  • Other: $29,598
Tim Amato (Clo)
  • Compensation: $280,251
  • Related: $0
  • Other: $50,602
Amy Davis (Cmo)
  • Compensation: $236,528
  • Related: $0
  • Other: $45,874
Kim Divine (Chro)
  • Compensation: $226,293
  • Related: $0
  • Other: $39,038
Brett Nielsen (Vice President Of Business Lending)
  • Compensation: $191,820
  • Related: $0
  • Other: $21,014
Rod Snyder (Vice President Of Sales & Branch Operations)
  • Compensation: $170,044
  • Related: $0
  • Other: $24,163
Kelly Richter (Vice President Of Deposit Operations)
  • Compensation: $152,967
  • Related: $0
  • Other: $32,884
Patty Greer (Regional Manager)
  • Compensation: $148,028
  • Related: $0
  • Other: $30,473
Meredith Ellis (It Operations Manager)
  • Compensation: $139,747
  • Related: $0
  • Other: $34,766
Andrew Bellah (Vice President Of Home Lending)
  • Compensation: $139,279
  • Related: $0
  • Other: $20,016
Jack Little (Network Manager)
  • Compensation: $127,690
  • Related: $0
  • Other: $31,433
Russ Peters (B.I. Development Manager)
  • Compensation: $125,041
  • Related: $0
  • Other: $31,840
Elkan Wollenberg (Cio)
  • Compensation: $139,330
  • Related: $0
  • Other: $16,901
Mindy Tanner (Vice President Of Internal Audit)
  • Compensation: $132,040
  • Related: $0
  • Other: $24,180
Amanda Erickson (Regional Manager)
  • Compensation: $123,097
  • Related: $0
  • Other: $27,409
Hamilton Mcjunkin (Compliance Manager)
  • Compensation: $129,066
  • Related: $0
  • Other: $20,582
Kathy Miller (Branch Manager V)
  • Compensation: $114,658
  • Related: $0
  • Other: $32,443
Kathy Dibblee (Branch Manager Iv)
  • Compensation: $114,197
  • Related: $0
  • Other: $32,121
Tina Halsey (Branch Manager Iv)
  • Compensation: $112,963
  • Related: $0
  • Other: $26,560
Theresa Beisse (Home Loan Underwriting Manger)
  • Compensation: $111,702
  • Related: $0
  • Other: $26,939
James Fraley (Vice President Of Consumer Lending)
  • Compensation: $116,916
  • Related: $0
  • Other: $19,663
Jim Jesska (Senior Database Administrator)
  • Compensation: $107,533
  • Related: $0
  • Other: $25,721
Jarod Wallace (Home Loan Production Manager)
  • Compensation: $115,483
  • Related: $0
  • Other: $15,152
Vanessa Wagoner (Branch Development Manager)
  • Compensation: $105,888
  • Related: $0
  • Other: $22,571
Ryan Kane (Accounting Manager)
  • Compensation: $100,682
  • Related: $0
  • Other: $24,635
Doug Doerfler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Sacha (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Hart (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamra Ghilchrist (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Solbrack (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Lightfoot (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malia Au (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Claxton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hottowe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.redcanoecu.com

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.redcanoecu.com

Learn more at the official website: www.redcanoecu.com

Mission Statement of Credit Unions In The State Of Washington

Credit Unions in the State of Washington, a state-chartered credit union, is dedicated to serving its members through the cooperative principle of mutual self-help. In simpler terms, this organization exists to collectively provide benefits and services to its members. By adhering to this principle, Credit Unions in the State of Washington aims to make a positive impact on the financial well-being of its members.

The mission of Credit Unions in the State of Washington is grounded in the belief that people can achieve more together than they can individually. This belief is the driving force behind the credit union's operations, where members pool their resources to provide financial services and support one another. This cooperative structure allows the credit union to offer competitive interest rates, lower fees, and personalized services that may not be available through traditional financial institutions.

Credit Unions in the State of Washington is more than just a financial institution. It is a community of individuals united by the common goal of improving their financial situations. Through its commitment to mutual self-help, this credit union empowers its members to take control of their finances and work towards a better financial future. By fostering a sense of cooperation and unity within its membership, Credit Unions in the State of Washington creates an environment where members can thrive and succeed together.

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Impact




October, 2024

Credit Unions in the State of Washington play a significant role in fostering community development and enhancing financial well-being for their members. Operating under a cooperative model, these credit unions provide essential financial services tailored to the needs of local residents. They focus on mutual self-help principles, ensuring that members benefit from lower fees, competitive interest rates, and personalized customer service compared to traditional banks.

By prioritizing member needs, these credit unions can help improve financial literacy, promote savings, and support responsible lending practices. This not only empowers individuals but also helps strengthen local economies. In communities like Longview, Washington, the impact is visible through increased access to financial resources that promote home ownership, small business growth, and overall economic stability.

Additionally, credit unions often reinvest into their local communities by supporting local charities, educational programs, and other initiatives, thereby enhancing public welfare. Their commitment to public benefit creates a ripple effect that contributes positively to the social fabric and economic health of the region. Through these efforts, Credit Unions in Washington are crucial players in creating a more equitable financial landscape for all members.




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.

Revenue
$47,686,849 (2022)
Expenses
$39,861,267 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,076,472
  • Program Service Revenue: $39,437,770
  • Gross Receipts: $47,686,849

Assets and Liabilities:

  • Total Assets: $1,177,447,326
  • Total Liabilities: $1,069,216,852
  • Net Assets: $108,230,474

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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

$29,924,049

Fee Income

Revenue

$9,513,721

Organization Details

Founding Year

1937

Principal Officer

David Spaulding

Main Address

PO BOX 3020, LONGVIEW, WA, 98632

NTEE Category

Code: W60 - Public benefit

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