Oregonians 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: 930241933 ✦ Milwaukie, OR ✦ Designated as a 501(c)(14)

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Overview

What is Oregonians Credit Union?

Oregonians Credit Union is a nonprofit organization that serves as a financial cooperative, offering affordable retail financial services to over 19,449 members primarily residing in 13 Oregon counties. With seven branches and numerous ATMs and shared branch locations, they provide various financial services, including savings and deposit accounts, consumer loans, mortgage loans, credit card loans, and small business loans. Their mission is to promote thrift among members, offer credit at reasonable rates, and provide an opportunity for members to manage their money, aiming to improve their economic and social condition. The credit union operates with a team of 98 dedicated employees.


Official website here: www.oregonianscu.com

What do the Facebook reviews say about Oregonians Credit Union?

92% of 38 reviewers on Facebook recommend Oregonians Credit Union. Here’s a summary of their experiences:

Many long-time members express appreciation for the respectful treatment they receive from the staff. A reviewer who has been with the credit union since 1998 highlights the consistency in positive interactions during their tenure, indicating a strong customer service ethos.

Overall, Oregonians Credit Union seems to foster a loyal customer base and is praised for maintaining a respectful and supportive environment for its members.


This AI summary has been generated from reviews found on Facebook.

Is Oregonians Credit Union legitimate?

Oregonians Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Oregonians 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: $390,425
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,715,524

For more financial information, click here


Official website here: www.oregonianscu.com

What is the mission statement of Oregonians Credit Union?

Oregonians Credit Union's mission is centered around encouraging financial thrift among its members, offering credit at reasonable interest rates, and providing an opportunity for members to manage their own money. This aim is to enhance the economic and social conditions of its members. The credit union offers a variety of retail financial services, such as consumer loans, business loans, credit card loans, checking and savings programs, and debit card services, all at affordable costs. By doing so, it empowers its over 19,449 owner/members to control and improve their financial situations.


Official website here: www.oregonianscu.com

Who is the CEO of Oregonians Credit Union?

Milton Launius is the Ceo of Oregonians Credit Union. The CEO's salary of Oregonians Credit Union is $231,266 and their total compensation is $296,460.


Official website here: www.oregonianscu.com

What is the revenue of Oregonians Credit Union?

Oregonians Credit Union's revenue in 2022 was $11,837,006.


Official website here: www.oregonianscu.com

Who are the executives of Oregonians Credit Union and what are their salaries?

The average compensation at Oregonians Credit Union during 2022 was $41,897. There are 98 employees and 10 volunteers at Oregonians Credit Union.


Here are 9 key members and their salaries (Oregonians Credit Union's CEO's salary is $231,266 and their total compensation is $296,460):


Milton Launius (Ceo)
  • Compensation: $231,266
  • Related: $0
  • Other: $65,194
Scott Wetzler (Cfo)
  • Compensation: $93,417
  • Related: $0
  • Other: $548
Marian Griffiths (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Coffman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Anderson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mcbride (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trish Rolin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Dawson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.oregonianscu.com

Where can I find the form 990 for Oregonians Credit Union?

Oregonians Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.oregonianscu.com

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

Mission Statement of Oregonians Credit Union

Oregonians Credit Union, as a financial institution, is committed to encouraging financial prudence among its members. It offers them an opportunity to manage their funds effectively by providing low-cost retail financial services. Furthermore, the credit union extends credit at reasonable interest rates, thereby empowering its members to improve their economic and social conditions. By doing so, Oregonians Credit Union serves as a platform for its over 19,449 member-owners to utilize and control their money efficiently. This mission aligns with the credit union's primary goal of promoting thrift and financial well-being among its members.

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Impact




October, 2024

Oregonians Credit Union has a significant impact on the financial well-being of its community by providing low-cost retail financial services to over 19,449 owner/members across 13 Oregon counties. With seven branches and numerous ATMs and shared locations, it ensures accessibility to its essential services, which include consumer, mortgage, and small business loans, as well as checking and savings programs and debit card services.

The credit union's mission fosters thrift and encourages economic empowerment among its members, offering credit at fair and reasonable interest rates. By enabling members to manage their finances effectively, Oregonians Credit Union enhances both their economic and social conditions. This commitment to member benefit not only supports individual financial growth but also contributes to the overall vitality of the local communities it serves.




This information is meant to be a general summary of Oregonians 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.

Revenue
$11,837,006 (2022)
Expenses
$10,328,132 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,418,082
  • Program Service Revenue: $9,403,363
  • Gross Receipts: $11,837,006

Assets and Liabilities:

  • Total Assets: $381,324,647
  • Total Liabilities: $336,315,398
  • Net Assets: $45,009,249

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN & SVC FEE REVENUE

Revenue

$2,316,276

LOAN INTEREST REVENUE

Revenue

$7,087,087

Organization Details

Founding Year

1936

Principal Officer

Milton Launius

Main Address

6915 SE LAKE ROAD, MILWAUKIE, OR, 97267

NTEE Category

Code: W60 - Public benefit

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