Overview
What is Scott Credit Union?
Scott Credit Union is a financial institution located at 101 Credit Union Way, Edwardsville, Illinois, with a total workforce of 595 employees. Their primary mission is to cater to the financial needs of their members by managing deposits, extending loans, and prudently investing excess funds. This nonprofit organization focuses on delivering essential financial services to its members in an effective and responsible manner.
Official website here: www.scu.org
Is Scott Credit Union legitimate?
Scott Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Scott 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $2,493,751
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,168,736
For more financial information, click here
Official website here: www.scu.org
What is the mission statement of Scott Credit Union?
Scott Credit Union is dedicated to meeting the financial needs of its members. It achieves this by collecting deposits, issuing loans, and managing excess funds with prudence. The institution prioritizes the interests of its members by offering these financial services in a responsible manner. By accepting deposits, the credit union provides a source of savings for its members. It extends loans to help members achieve their financial goals, be it purchasing a home or starting a business. Additionally, by investing excess funds wisely, the credit union generates returns that benefit its members in the long term. The credit union's mission is to create value and build trust within its membership through its financial services.
Official website here: www.scu.org
Who is the CEO of Scott Credit Union?
Frank M Padak is the President & Ceo of Scott Credit Union. The CEO's salary of Scott Credit Union is $656,502 and their total compensation is $737,201.
Official website here: www.scu.org
What is the revenue of Scott Credit Union?
Who are the executives of Scott Credit Union and what are their salaries?
The average compensation at Scott Credit Union during 2022 was $38,088. There are 595 employees and 11 volunteers at Scott Credit Union.
Here are 48 key members and their salaries (Scott Credit Union's CEO's salary is $656,502 and their total compensation is $737,201):
- Frank M Padak (President & Ceo)
- Scott Seidl (Exec Vp)
- Scott Peters (Cfo)
- David Bressier (Chief Lending Officer)
- Val Rhoden-Kimbrough (Chief Human Res Officer)
- Carla Lambrecht (Cio)
- Joanna Hernandez (Vp Of Consumer Lending)
- Jeffrey Roderick (Vp Of Info Tech)
- Tricia Newton (Home Loan Advisor)
- Michelle Wazlawek (Chief Marketing Officer)
- Wendy Erhart (Chief Experience Officer)
- Deanna Oneill (Vp Human Resources)
- Chris Kieffer (Coo)
- Ryan Goodwin (Vp Of Commercial Lending)
- Mandy Mayer (Vp Of Mort Lending)
- Teresa White (Vp Of Accounting)
- Marty Issa (Mortgage Sales Mgr)
- Michael Prophete (Vp Of Operations)
- Erin Castellano (Vp Of Marketing)
- Simon Vega (Regional Manager)
- Bobby Meszaros (Regional Experience Manager)
- Timothy Hecht (Mort Loan Officer)
- Thomas Kohnen (Network & Sys Mgr)
- Tracie Buettner (Proj & Fac Manager)
- Donna Harris (Home Loan Advisor)
- Ashleigh Deatherage (Vp Chief Of Staff)
- Jeff Meile (Core Sys & Data Analysis Mgr)
- Tomiera Harris (Regional Manager)
- Eric Waltenberger (Mtg Loan Officer)
- Kevin Warren (Vp Of Risk Mgmnt)
- Marchie Nehr (Mort Operations Mgr)
- Grant Swan (Risk Mgr)
- James Cochran (Vp Of Commercial Lending)
- Lekeisah Searcy (Project Manager)
- Meghan Marsala (Vp Of Operations)
- Mark Dietrich (Vp Of Retail Operations)
- Sarah Holdener (Vice Chairman) [Trustee/Director]
- Angela Steward (Associate Director)
- Jacob Curtis (Director)
- Lawrence Haffner (Chairman) [Trustee/Director]
- William Hostetter (Emeritus Director)
- Lucrecia Cordon-Springer (Associate Director)
- Christopher Sobrino (Director)
- Jessica Haugen (Director)
- Debbie Lane (Director)
- Michele Gehlbach (Secretary) [Trustee/Director]
- Joy Hayward (Director)
- Chris Veath (Facilities Mgmnt & Constructi)
Official website here: www.scu.org
Where can I find the form 990 for Scott Credit Union?
The Scott Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.scu.org
Learn more at the official website: www.scu.org
Mission Statement of Scott Credit Union
Scott Credit Union, a financial institution dedicated to its members, fulfills their financial needs by skillfully managing deposits, extending loans, and prudently investing surplus funds. The Union's primary objective is to serve its members' interests, ensuring their financial well-being through its reliable financial services. By accepting deposits, Scott Credit Union stores members' savings while offering them the peace of mind that their funds are safe and accessible. In addition, the Union grants loans to help members achieve their financial goals, be it purchasing a home or financing education. Furthermore, it invests excess funds in a prudent manner to generate returns for the members, enhancing the value of their savings. The Union's commitment to its members extends beyond basic financial services, providing them with the security and confidence they need to manage their finances effectively.
Impact
This information is meant to be a general summary of Scott Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Scott Credit Union positively impacts its community by serving its members' needs through accepting deposits, granting loans, and investing excess funds in a prudent manner. It prioritizes the interests of its members by providing essential financial services such as loans and investments. Located in Edwardsville, Illinois, Scott Credit Union's mission is centered on meeting the financial needs of its members in a responsible and beneficial way. Through its activities, it contributes to the public benefit by facilitating access to financial resources and supporting economic growth in the region.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$55,039,480
SERVICE FEES
Revenue
$9,207,319
OTHER OPERATING INCOME
Revenue
$14,087,857
Organization Details
Founding Year
1943
Principal Officer
Frank M Padak
Main Address
101 CREDIT UNION WAY, EDWARDSVILLE, IL, 62025
Website
www.scu.org
NTEE Category
Code: W60 - Public benefit
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