Priority One 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: 951117083 ✦ South pasadena, CA ✦ Designated as a 501(c)(14)

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Overview

What is Priority One Credit Union?

Priority One Credit Union, located in South Pasadena, California, is a nonprofit financial institution serving 16,772 members. Its primary mission is to offer competitive financial services, providing a low-cost source of credit and financial services to its members. This includes fulfilling their savings and checking account needs. As a state-chartered, natural person credit union, Priority One Credit Union prides itself on providing its members with high-quality financial services. With a dedicated workforce of 41 employees, the union is committed to supporting its members' financial well-being.


Official website here: www.priorityonecu.org

What do the Facebook reviews say about Priority One Credit Union?

76% of 9 reviewers on Facebook recommend Priority One Credit Union. Here is a summary of their reviews:

Several users express that while the credit union has solid services, the experience is marred by long wait times and frustrations with customer service. Although some members appreciate the offerings, they feel that enhancements in customer support are necessary to improve overall satisfaction.

Overall, the sentiment leans towards a mix of satisfaction with the services, but a clear call for improvement in the customer service area is evident.


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

Is Priority One Credit Union legitimate?

Priority One Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Priority One 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: $648,862
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,440,957

For more financial information, click here


Official website here: www.priorityonecu.org

What is the mission statement of Priority One Credit Union?

Priority One Credit Union, as a non-profit, state-chartered credit union, is committed to providing its members with competitive financial services. Its mission is to act as a reliable source of low-cost credit and financial services, meeting the savings and checking account needs of its 16,772 members. The credit union's primary goal is to offer its members affordable deposit and loan accounts, thereby serving as a valuable financial resource for them.


Official website here: www.priorityonecu.org

Who is the CEO of Priority One Credit Union?

Charles Wiggington Sr is the Board Member of Priority One Credit Union. The CEO's salary of Priority One Credit Union is $0 and their total compensation is $0.


Official website here: www.priorityonecu.org

What is the revenue of Priority One Credit Union?

Priority One Credit Union's revenue in 2022 was $9,483,146.


Official website here: www.priorityonecu.org

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

The average compensation at Priority One Credit Union during 2022 was $75,361. There are 41 employees and 12 volunteers at Priority One Credit Union.


Here are 17 key members and their salaries (Priority One Credit Union's CEO's salary is $0 and their total compensation is $0):


Pierre R Bohamed (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Smith (Supervisory Committee Secreta)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hazel L Brown-Harvey (Supervisory Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lora Rayne Ary (Supervisory Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelia Harris (Supervisory Committee Vice Ch)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita A Rhea-Perry (Supervisory Committee Audit C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brochelle Hale-Corhn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyree Jackson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Wiggington Sr (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diedra Harris-Brooks (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Thomas (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glen O Saffold (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Art Now (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Mcbride (It Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonia Villa (Lending Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simona Hollins (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Loiacano (Vp Of Operations)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.priorityonecu.org

Where can I find the form 990 for Priority One Credit Union?

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


Official website here: www.priorityonecu.org

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

Mission Statement of Priority One Credit Union

Priority One Credit Union, as a non-profit, state-chartered credit union, is dedicated to serving its members competitively in the financial sector. Its mission is to provide its 16,772 members with a variety of financial services, including deposit and loan accounts. This credit union aims to act as a reliable and affordable source of credit and financial services for its members, while also catering to their savings and checking account needs. In essence, Priority One Credit Union's mission is to contribute positively to the financial well-being of its members by offering them competitive financial services.

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Impact




October, 2024

Priority One Credit Union significantly impacts its community by offering competitive financial services designed to meet the needs of its members. Serving over 16,000 individuals, it provides vital deposit and loan accounts that enhance financial stability and accessibility for its members. By offering low-cost sources of credit and affordable financial services, Priority One empowers its members to achieve their financial goals and improve their quality of life. This commitment to member savings and checking account needs not only promotes financial well-being but also strengthens the overall economic health of the South Pasadena area.




This information is meant to be a general summary of Priority One 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
$9,483,146 (2022)
Expenses
$8,024,911 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,718,567
  • Program Service Revenue: $4,188,897
  • Gross Receipts: $9,483,146

Assets and Liabilities:

  • Total Assets: $196,441,068
  • Total Liabilities: $181,811,232
  • Net Assets: $14,629,836

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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

$4,188,897

Organization Details

Founding Year

1926

Principal Officer

Charles Wiggington Sr

Main Address

1631 HUNTINGTON DRIVE, SOUTH PASADENA, CA, 91030

NTEE Category

Code: W60 - Public benefit

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