Overview
What is Washington State Employees Credit Union?
Washington State Employees Credit Union is a nonprofit financial institution based in Olympia, Washington. Their primary mission is to cater to the financial needs of their members as mandated by the Credit Union Act and charters. They offer various checking and savings account options, enabling members to manage their budgets effectively while working towards their financial goals. Members can access their accounts around the clock using their debit or ATM card. Washington State Employees Credit Union is part of the CO-OP Network, granting members free access to over 25,000 ATMs across the United States. With a workforce of 910 employees, they aim to provide essential financial services to their members.
Official website here: www.wsecu.org
Is Washington State Employees Credit Union legitimate?
Washington State Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Washington State Employees 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: $4,848,943
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,203,461
For more financial information, click here
Official website here: www.wsecu.org
What is the mission statement of Washington State Employees Credit Union?
The Washington State Employees Credit Union is committed to providing necessary financial services to its members, as mandated by the Credit Union Act and its charters. The organization offers a range of savings and checking account options to help members manage their budgets effectively and work towards their financial goals. Members have the flexibility to access their accounts at any time using their debit or ATM card, and WSECU is part of the Co-Op Network, allowing members free access to 25,000 ATMs nationwide. The credit union aims to create a platform for members to support each other financially and simplify their financial management.
Official website here: www.wsecu.org
Who is the CEO of Washington State Employees Credit Union?
Gary Swindler is the Board Chair of Washington State Employees Credit Union. The CEO's salary of Washington State Employees Credit Union is $720,752 and their total compensation is $852,914.
Official website here: www.wsecu.org
What is the revenue of Washington State Employees Credit Union?
Washington State Employees Credit Union's revenue in 2022 was $218,232,879.
Official website here: www.wsecu.org
Who are the executives of Washington State Employees Credit Union and what are their salaries?
The average compensation at Washington State Employees Credit Union during 2022 was $70,387. There are 910 employees and 32 volunteers at Washington State Employees Credit Union.
Here are 21 key members and their salaries (Washington State Employees Credit Union's CEO's salary is $720,752 and their total compensation is $852,914):
- Compensation: $1,828
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,297
- Related: $0
- Other: $0
- Compensation: $3,311
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,026
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
- Compensation: $748,366
- Related: $0
- Other: $126,533
- Compensation: $1,128,000
- Related: $0
- Other: $256,303
- Compensation: $720,752
- Related: $0
- Other: $132,162
- Compensation: $760,735
- Related: $0
- Other: $113,107
- Compensation: $540,773
- Related: $0
- Other: $125,702
- Compensation: $182,343
- Related: $0
- Other: $4,305
- Compensation: $261,763
- Related: $0
- Other: $35,049
- Compensation: $317,166
- Related: $0
- Other: $43,548
- Compensation: $253,943
- Related: $0
- Other: $47,756
- Compensation: $309,441
- Related: $0
- Other: $51,966
- Compensation: $308,174
- Related: $0
- Other: $52,053
Official website here: www.wsecu.org
Where can I find the form 990 for Washington State Employees Credit Union?
Washington State Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wsecu.org
Learn more at the official website: www.wsecu.org
Mission Statement of Washington State Employees Credit Union
Washington State Employees Credit Union, or WSECU, is a financial institution dedicated to fulfilling the requirements set forth in the Credit Union Act and its charters. Its primary objective is to offer members essential financial services that they can mutually provide for one another.
Members of WSECU have diverse needs when it comes to managing their savings and checking accounts. To accommodate these differences, WSECU provides various checking account options. These options enable members to streamline their budgeting processes and work towards their financial objectives. With a debit or ATM card, members can access their accounts at all hours, making financial management more convenient. WSECU boasts partnerships with the CO-OP Network, ensuring its members have access to 25,000 free ATMs across the United States. This extensive network adds to the credit union's commitment to providing members with the necessary financial tools.
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Impact
October, 2024
Washington State Employees Credit Union (WSECU) plays a significant role in the financial well-being of its members by offering a variety of tailored services that cater to diverse financial needs. By providing flexible savings and checking accounts, WSECU enables its members to effectively manage their budgets and work toward their financial goals.
Members benefit from multiple checking options that align with their unique requirements, enhancing convenience and accessibility. With round-the-clock access to their accounts through debit and ATM cards, members can effortlessly navigate their financial activities. Furthermore, WSECU partners with the CO-OP network, granting members free access to over 25,000 ATMs nationwide, making it easier for them to access their funds anytime and anywhere.
The credit union’s commitment to providing essential financial services fosters a sense of community among its members, allowing them to support one another in achieving fiscal stability and growth. This impact is vital not only on an individual level but also enriches the broader community, as members are empowered to make informed financial decisions and pursue their aspirations.
This information is meant to be a general summary of Washington State Employees 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: $16,402,549
- Program Service Revenue: $200,879,924
- Gross Receipts: $336,311,560
Assets and Liabilities:
- Total Assets: $4,932,136,053
- Total Liabilities: $4,588,792,197
- Net Assets: $343,343,856
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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
$145,140,533
SERVICE FEES/CHARGES
Revenue
$55,884,719
OTHER INCOME
Revenue
$71,112
GAIN ON SALE OF LOANS
Revenue
-$216,440
Organization Details
Founding Year
1957
Phone
(360) 943-7911Principal Officer
Gary Swindler
Main Address
PO BOX WSECU, OLYMPIA, WA, 985070099
Website
www.wsecu.orgNTEE Category
Code: W60 - Public benefit
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