Overview
What is Credit Unions In The State Of Washington?
Credit Unions in the State of Washington, specifically Connection Credit Union, is a nonprofit organization located in Silverdale, Washington. With a strong commitment to serving its community, the credit union offers financial services to its 3,472 members, providing them with 5,595 loans and 5,570 deposit accounts. During the year, the credit union extended 683 new loans to its members. Their mission is to offer personalized financial and educational services, ensuring that even those underserved by larger institutions have the necessary tools for financial success. The credit union employs a team of 21 individuals, dedicated to supporting their local cooperative family.
Official website here: www.connectioncu.org
What do the Facebook reviews say about Credit Unions In The State Of Washington?
80% of 19 reviewers on Facebook recommend this organization. Here’s what they have to say:
Many individuals appreciate the transition from Kitsap County Public Employee Credit Union, noting a positive shift in service quality and member satisfaction. Users highlight the commitment to addressing the needs of their members and providing reliable financial services.
Overall, the sentiment is largely favorable, with members expressing trust in the organization and valuing the support they receive. The credit union appears to be living up to its promises, offering a solid banking alternative that meets the expectations of its community.
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: $113,132
Professional Fundraising Fees: $0
Other Salaries and Wages: $595,231
For more financial information, click here
Official website here: www.connectioncu.org
What is the mission statement of Credit Unions In The State Of Washington?
Credit Unions In Washington, through its representative Connection Credit Union, aims to offer personalized financial and educational services to its local cooperative family, particularly those who may be overlooked by larger institutions. Their goal is to equip all members with the necessary tools for financial success. By providing 5,595 loans and 5,570 deposit accounts to its 3,472 members and granting 683 new loans throughout the year, Connection Credit Union demonstrates its commitment to helping its members navigate their financial journeys.
Official website here: www.connectioncu.org
Who is the CEO of Credit Unions In The State Of Washington?
Scott Prior is the Director of Credit Unions In The State Of Washington. The CEO's salary of Credit Unions In The State Of Washington is $113,132 and their total compensation is $139,085.
Official website here: www.connectioncu.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 $2,205,396.
Official website here: www.connectioncu.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 $33,732. There are 21 employees and 12 volunteers at Credit Unions In The State Of Washington.
Here are 8 key members and their salaries (Credit Unions In The State Of Washington's CEO's salary is $113,132 and their total compensation is $139,085):
- 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: $113,132
- Related: $0
- Other: $25,953
Official website here: www.connectioncu.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.connectioncu.org
Learn more at the official website: www.connectioncu.org
Mission Statement of Credit Unions In The State Of Washington
Credit Unions in the State of Washington, represented by Connection Credit Union, is committed to serving each member of their local cooperative family, including those often overlooked by larger financial institutions. Their mission is to provide personalized financial and educational services, equipping all members with the necessary tools for financial success. By offering these tailored services, Connection Credit Union ensures that every individual within their community has the resources to thrive financially.
During the course of the year, Connection Credit Union extended 5,595 loans and managed 5,570 deposit accounts for their 3,472 members. In addition to offering financial services, the organization granted 683 new loans to its members, demonstrating their dedication to supporting their community's financial needs. By providing these personalized financial and educational services, Connection Credit Union empowers its members to attain financial stability and prosperity.
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Impact
October, 2024
Credit Unions in the State of Washington significantly impact their communities by offering tailored financial services that cater to the needs of their members, particularly those underserved by larger institutions. Through personalized financial and educational services, they empower individuals with the tools necessary for financial success.
For instance, in a recent year, connection credit union facilitated 5,595 loans and managed 5,570 deposit accounts for its 3,472 members. Additionally, they provided 683 new loans, demonstrating their commitment to fostering financial growth and stability among their members. This focus on local cooperative values enhances accessibility to financial resources and contributes to overall community well-being, ensuring that all members, regardless of their financial background, can achieve their financial goals.
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: $92,387
- Program Service Revenue: $1,928,217
- Gross Receipts: $2,205,396
Assets and Liabilities:
- Total Assets: $40,744,861
- Total Liabilities: $35,994,702
- Net Assets: $4,750,159
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON MEMBER LOA
Revenue
$1,631,157
FEES PAID BY MEMBERS
Revenue
$146,081
INTERCHANGE INCOME
Revenue
$145,916
NON MEMBER ATM
Revenue
$5,063
Organization Details
Founding Year
1958
Phone
(360) 307-6400Principal Officer
Scott Prior
Main Address
PO BOX 3990 10200 SIVERDALE WAY, SILVERDALE, WA, 983833990
Website
www.connectioncu.orgNTEE Category
Code: W60 - Public benefit
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