Overview
What is Honor Credit Union?
Honor Credit Union is a Michigan-based financial institution dedicated to serving the communities of Allegan, Barry, Berrien, Branch, Calhoun, Cass, Kalamazoo, Kent, Muskegon, Newaygo, Oceana, Ottawa, St. Joseph, and Van Buren counties. Through their mission, they aim to provide essential financial services, contributing to the financial success of the residents in these areas. The credit union extends its reach to serve the entire state of Michigan, demonstrating a strong commitment to its local communities.
Official website here: www.honorcu.com
Is Honor Credit Union legitimate?
Honor Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Honor 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: $909,504
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,358,627
For more financial information, click here
Official website here: www.honorcu.com
What is the mission statement of Honor Credit Union?
Honor Credit Union is dedicated to offering financial services to the residents of Michigan. Their mission is to serve and provide financial solutions for the success of people in various counties across the state. The credit union aims to make a positive impact on the lives of Michigan residents by offering them access to essential financial services. Through their commitment to financial services, they strive to help individuals in their financial journeys and contribute to the community's overall wellbeing.
Official website here: www.honorcu.com
Who is the CEO of Honor Credit Union?
Scott Mcfarland is the Chief Executive Officer of Honor Credit Union. The CEO's salary of Honor Credit Union is $656,695 and their total compensation is $709,565.
Official website here: www.honorcu.com
What is the revenue of Honor Credit Union?
Who are the executives of Honor Credit Union and what are their salaries?
The average compensation at Honor Credit Union during 2022 was $43,408. There are 513 employees and 10 volunteers at Honor Credit Union.
Here are 21 key members and their salaries (Honor Credit Union's CEO's salary is $656,695 and their total compensation is $709,565):
- Scott Mcfarland (Chief Executive Officer)
- Matthew Nordberg (Mortgage Loan Officer)
- Ronald Lauren (President Of Honor Holdings - Part Year)
- Austin Weber (Sr. Commercial Loan Officer)
- Amanda Craig (Chief Experience Officer - Part Year)
- Nita Rich (Mortgage Loan Officer)
- Kent Figy (Chief Lending Officer)
- Megan Hendrix (Chief Operations Officer)
- Katherine Berry (Chief People Officer)
- Tony Mandarino (Vp Of Business Services)
- Heather Luciani (Chief Strategy Officer)
- Brian Brown (Chair) [Trustee/Director]
- Mimi Elwell (Vice Chair) [Trustee/Director]
- Ron Griesinger (Treasurer) [Trustee/Director]
- Richard Atwell (Secretary) [Trustee/Director]
- Paige Eagon (Associate Director)
- Carrie Muessig (Associate Director)
- Larry Olson (Board Member Emeritus) [Trustee/Director]
- Randy O'Neil (Director)
- Stephen Smith (Director)
- Greg Vaughn (Director)
Official website here: www.honorcu.com
Where can I find the form 990 for Honor Credit Union?
The Honor Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.honorcu.com
Learn more at the official website: www.honorcu.com
Mission Statement of Honor Credit Union
Honor Credit Union, headquartered in Michigan, is committed to delivering financial services to the residents of the state. Its mission is geared towards serving the people of Allegan, Barry, Berrien, Branch, Calhoun, Cass, Kalamazoo, Kent, Muskegon, Newaygo, Oceana, Ottawa, St. Joseph, and Van Buren counties. The credit union's primary goal is to provide valuable financial solutions, aiming for the financial success of its members.
Honor Credit Union's dedication extends beyond just offering financial services. It strives to be a trusted partner for its members in their financial journey, providing them with the necessary tools and resources to achieve their financial goals. By focusing on the needs of the Michigan community, the credit union is able to tailor its offerings to meet the unique requirements of its members.
The team at Honor Credit Union is deeply invested in the financial well-being of its members. They understand that financial success is not a one-size-fits-all solution, and they take a personalized approach to helping each member reach their goals. Whether it's through savings accounts, loans, or other financial products, Honor Credit Union is there to support its members every step of the way.
In summary, Honor Credit Union is a Michigan-based financial institution with a mission to serve its members by providing them with financial solutions and resources to ensure their financial success. It is dedicated to the well-being of the communities it serves in Allegan, Barry, Berrien, Branch, Calhoun, Cass, Kalamazoo, Kent, Muskegon, Newaygo, Oceana, Ottawa, St. Joseph, and Van Buren counties, and is committed to helping its members navigate their financial journey with confidence.
Impact
This information is meant to be a general summary of Honor Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Honor Credit Union's impact is evident in its mission to provide essential financial services to residents of the state of Michigan. By serving communities in Allegan, Barry, Berrien, Branch, Calhoun, Cass, Kalamazoo, Kent, Muskegon, Newaygo, Oceana, Ottawa, St. Joseph, and Van Buren counties, Honor Credit Union plays a crucial role in promoting financial success and stability. Through its dedication to offering solutions for financial well-being, Honor Credit Union contributes positively to the economic resilience and growth of these regions.
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.
LOAN INTEREST INCOME
Revenue
$54,420,975
FEES AND CHARGES
Revenue
$29,276,395
MORTGAGE PRODUCTION FEES
Revenue
$1,433,092
SALES OF MORTGAGES
Revenue
$1,228,928
Organization Details
Founding Year
1934
Phone
(269) 983-6357
Principal Officer
Scott Mcfarland
Main Address
8385 EDGEWOOD DRIVE, BERRIEN SPRINGS, MI, 49103
Website
www.honorcu.com
NTEE Category
Code: W60 - Public benefit
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