Overview
What is Members 1st Credit Union?
Members 1st Credit Union is a financial institution based in Redding, California, with a workforce of 85 employees. The credit union, which serves around 22,000 members, offers various financial services at four branch locations, all equipped with ATMs. Branch staff are fully prepared to handle loan and deposit transactions. An on-site financial planner is available free of charge to offer expert advice. The credit union's mission is to deliver accessible and pertinent financial services, enabling its members to reach their aspirations. Through a call center, website, and dedicated team at the corporate office, Members 1st Credit Union strives to ensure the safety and security of its operations. The credit union aims to provide excellent value to its members by offering competitive pricing and round-the-clock access to transactions via its website and mobile app.
Official website here: www.m1cu.org
Is Members 1st Credit Union legitimate?
Members 1st Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Members 1st 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: $1,190,933
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,167,158
For more financial information, click here
Official website here: www.m1cu.org
What is the mission statement of Members 1st Credit Union?
Members 1st Credit Union is dedicated to offering the necessary financial services that enable its members to reach their objectives and aspirations. The credit union's mission is to deliver relevant and convenient financial solutions. Staffed with fully trained personnel, the credit union operates through multiple branches with ATM access. Members can also consult with a financial planner at no extra cost. With approximately 22,000 members, the credit union strives to provide great value. Transactions can be conducted online or via mobile app around the clock. The credit union focuses on ensuring that its offerings are competitively priced and that members have access to a range of services to facilitate their financial wellbeing.
Official website here: www.m1cu.org
Who is the CEO of Members 1st Credit Union?
Caroline Redmann is the Ceo of Members 1st Credit Union. The CEO's salary of Members 1st Credit Union is $233,827 and their total compensation is $233,827.
Official website here: www.m1cu.org
What is the revenue of Members 1st Credit Union?
Members 1st Credit Union's revenue in 2022 was $12,578,808.
Official website here: www.m1cu.org
Who are the executives of Members 1st Credit Union and what are their salaries?
The average compensation at Members 1st Credit Union during 2022 was $51,272. There are 85 employees and 13 volunteers at Members 1st Credit Union.
Here are 17 key members and their salaries (Members 1st Credit Union's CEO's salary is $233,827 and their total compensation is $233,827):
- Compensation: $233,827
- Related: $0
- Other: $0
- Compensation: $184,187
- Related: $0
- Other: $0
- Compensation: $151,451
- Related: $0
- Other: $0
- Compensation: $139,450
- Related: $0
- Other: $0
- Compensation: $126,313
- Related: $0
- Other: $0
- Compensation: $119,140
- Related: $0
- Other: $0
- Compensation: $118,450
- Related: $0
- Other: $0
- Compensation: $118,116
- 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: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.m1cu.org
Where can I find the form 990 for Members 1st Credit Union?
Members 1st Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.m1cu.org
Learn more at the official website: www.m1cu.org
Mission Statement of Members 1st Credit Union
Members 1st Credit Union is dedicated to delivering the necessary and applicable financial services that empower its members to reach their objectives and aspirations. The mission of Members 1st Credit Union is geared towards providing its members with the convenience and relevance they need to succeed financially.
In practice, Members 1st Credit Union offers a variety of services to its approximately 22,000 members. These services can be accessed through four branch locations, where knowledgeable staff are on hand to assist with loan and deposit transactions. The branches offer ATM access, ensuring members have convenient access to their funds. For members seeking professional advice, a financial planner is available at no extra cost.
The credit union prides itself on offering value to its members. Its products are competitively priced, and many transactions can be carried out through the credit union's website or mobile app around the clock. Members 1st Credit Union is committed to keeping its operations secure and efficient, with a call center and key employees based at its corporate office. The credit union's ultimate goal is to be an essential partner for its members, enabling them to achieve financial success.
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Impact
October, 2024
Members 1st Credit Union significantly impacts its community by offering convenient and relevant financial services tailored to help its members achieve their goals and dreams. With a focus on accessibility, the credit union operates four fully staffed branches in Redding, CA, where members can easily access services related to loan and deposit transactions. Each branch is equipped with ATM access, ensuring members have flexible options for managing their finances.
Beyond traditional banking services, Members 1st Credit Union enhances its impact by providing complimentary financial planning advice, helping members navigate their financial journeys with expert guidance. Serving approximately 22,000 members, the credit union’s operations are supported by a dedicated corporate office that includes a call center and a team focused on maintaining the safety and security of all services.
Members can benefit from competitively priced products and the convenience of conducting transactions through the credit union’s website and mobile app, available 24/7. This comprehensive approach not only fosters financial wellbeing but also reinforces the credit union’s commitment to delivering great value to its members.
This information is meant to be a general summary of Members 1st 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: $737,017
- Program Service Revenue: $11,470,128
- Gross Receipts: $12,593,105
Assets and Liabilities:
- Total Assets: $328,864,768
- Total Liabilities: $303,980,928
- Net Assets: $24,883,840
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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
$8,543,170
Member Fee Income
Revenue
$971,110
Plastic Card Interchange & Fees
Revenue
$1,955,848
Organization Details
Founding Year
1936
Phone
(530) 222-6060Principal Officer
Caroline Redmann
Main Address
4710 Mountain Lakes Blvd, Redding, CA, 96003
Website
www.m1cu.orgNTEE Category
Code: W60 - Public benefit
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