First Us Community 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: 941019805 ✦ Sacramento, CA ✦ Designated as a 501(c)(14)

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Overview

What is First Us Community Credit Union?

First Us Community Credit Union, based in Sacramento, California, is a member-owned financial institution that has been serving the community for over 87 years. With total assets of approximately $542 million as of December 2022, this credit union provides a range of lending and deposit products and services to individuals living, working, or worshiping in 12 counties of the Greater Sacramento region. These offerings encompass residential and commercial real estate loans, commercial business loans such as SBA loans, vehicle loans, and various consumer loans. The mission of First Us Community Credit Union is to make a difference in the lives of its members through financial services. The credit union employs 103 people and aims to help its members enhance their lives with these offerings.


Official website here: www.firstus.org

What do the Facebook reviews say about First Us Community Credit Union?

98% of 12 reviewers on Facebook recommend First Us Community Credit Union. Here is a summary of their reviews:

Overall, users express a positive experience with the credit union, highlighting its friendly and fair approach compared to larger banking institutions. Many appreciate the personal touch and ethical practices, noting a stark contrast to the negative experiences often associated with traditional banks.

Customers feel valued and respected, which contributes to a strong sense of trust and community. The consistent praise for their services indicates that the nonprofit is effectively meeting the needs of its members and making a positive impact.


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

Is First Us Community Credit Union legitimate?

First Us Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. First Us Community 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: $642,829
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,701,227

For more financial information, click here


Official website here: www.firstus.org

What is the mission statement of First Us Community Credit Union?

First Us Community Credit Union is a member-owned financial institution dedicated to making a positive impact on communities through financial services. Their mission is to enhance the lives of their members by providing a range of lending and deposit products and services. With over 87 years of experience, the credit union has been serving individuals who live, work, or worship in various locations in California. Their offerings include residential and commercial real estate loans, business loans, vehicle financing, and consumer loans. The credit union's assets totaled approximately $542 million as of December 2022.


Official website here: www.firstus.org

Who is the CEO of First Us Community Credit Union?

Carol Hauck is the President/Ceo of First Us Community Credit Union. The CEO's salary of First Us Community Credit Union is $378,200 and their total compensation is $435,105.


Official website here: www.firstus.org

What is the revenue of First Us Community Credit Union?

First Us Community Credit Union's revenue in 2022 was $17,991,070.


Official website here: www.firstus.org

Who are the executives of First Us Community Credit Union and what are their salaries?

The average compensation at First Us Community Credit Union during 2022 was $51,884. There are 103 employees and 9 volunteers at First Us Community Credit Union.


Here are 12 key members and their salaries (First Us Community Credit Union's CEO's salary is $378,200 and their total compensation is $435,105):


Carol Hauck (President/Ceo)
  • Compensation: $378,200
  • Related: $0
  • Other: $56,905
Jeffrey Crump (Svp/Cfo)
  • Compensation: $175,688
  • Related: $0
  • Other: $32,036
Julie Ainsworth (Svp/Operations)
  • Compensation: $158,345
  • Related: $0
  • Other: $46,900
Jance Dalton (Svp/Cio)
  • Compensation: $171,514
  • Related: $0
  • Other: $20,857
Joseph Kleemann (Vp Re Lending)
  • Compensation: $132,768
  • Related: $0
  • Other: $43,502
Dick Cochran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Cook (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Doyle (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Gomes (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Mcdougal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clarence Perkins (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.firstus.org

Where can I find the form 990 for First Us Community Credit Union?

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


Official website here: www.firstus.org

Learn more at the official website: www.firstus.org

Mission Statement of First Us Community Credit Union

First Us Community Credit Union, a member-owned financial institution, has been making a positive impact in communities for over 87 years. With a mission to enhance the lives of its members, First Us offers a variety of financial products and services. This nonprofit organization serves anyone who lives, works, or worships, including current and retired federal employees and their families, in 12 counties in the Greater Sacramento, CA region.

First Us Community Credit Union provides essential lending and deposit services to its members. Their offerings range from residential and commercial real estate loans to commercial business loans, such as those backed by the Small Business Administration. In addition, they offer vehicle and other consumer loans. This wide array of loan products caters to diverse financial needs. With total assets of approximately $542 million, First Us has the capacity to make a significant difference in its members' lives.

Through its financial services, First Us Community Credit Union aims to help its members achieve their goals and improve their overall well-being. By offering competitive interest rates and flexible repayment options, the credit union empowers its members to pursue their dreams, whether it's buying a home, starting a business, or purchasing a new vehicle. By providing these essential financial services, First Us Community Credit Union plays an important role in strengthening its communities and enabling its members to thrive.

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Impact




October, 2024

First US Community Credit Union plays a significant role in enhancing the financial well-being of individuals in the Greater Sacramento region. With over 87 years of experience, it provides a range of lending and deposit products tailored to meet the diverse needs of its members. The credit union serves residents, workers, and worshippers in 12 counties, along with current and retired federal employees and their families.

By offering various loan products—including residential and commercial real estate loans, vehicle financing, and consumer loans—First US empowers its members to achieve their financial goals. With approximately $542 million in total assets as of December 2022, the credit union demonstrates its stability and commitment to serving the community. Through its mission to make a difference, First US Community Credit Union is dedicated to providing financial services that enhance the lives of its members and contribute to the overall economic health of the region.




This information is meant to be a general summary of First Us Community 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
$17,991,070 (2022)
Expenses
$14,063,521 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,128,296
  • Program Service Revenue: $14,862,774
  • Gross Receipts: $17,991,086

Assets and Liabilities:

  • Total Assets: $541,542,858
  • Total Liabilities: $492,905,018
  • Net Assets: $48,637,840

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Programs

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

LOAN INCOME

Revenue

$11,240,390

MISCELLANEOUS INCOME

Revenue

$2,260,617

FEE INCOME

Revenue

$1,361,767

Organization Details

Founding Year

1936

Principal Officer

Carol Hauck

Main Address

580 UNIVERSITY AVE, SACRAMENTO, CA, 958256512

NTEE Category

Code: W60 - Public benefit

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