Overview
What is Credit Unions Chartered In The State Of Michigan Frankenmuth Credit Union?
Frankenmuth Credit Union, chartered in Michigan and headquartered in Frankenmuth, serves approximately 65,513 members. This credit union offers a range of financial accounts, including shares, checking, business savings, business checking, money market, vacation club, Christmas club, health savings, IRA, and certificate of deposit accounts. The total assets of the credit union amount to $1,069,100,683. Their mission is to provide secure, convenient, and cost-effective financial services to their member-owners, fostering trusted relationships and offering personalized financial solutions. With a workforce of 481 employees, Frankenmuth Credit Union aims to ensure the financial well-being of its members.
Official website here: www.frankenmuthcu.org
Is Credit Unions Chartered In The State Of Michigan Frankenmuth Credit Union legitimate?
Credit Unions Chartered In The State Of Michigan Frankenmuth Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions Chartered In The State Of Michigan Frankenmuth 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: $2,248,598
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,397,610
For more financial information, click here
Official website here: www.frankenmuthcu.org
What is the mission statement of Credit Unions Chartered In The State Of Michigan Frankenmuth Credit Union?
Frankenmuth Credit Union is dedicated to providing financial services to its member-owners, who share a common bond. The mission of this credit union is to ensure the financial well-being of its members by offering safe, convenient, and cost-effective services. The organization aims to foster trusted relationships by delivering personalized financial solutions. With over 65,000 members and assets totaling over one billion dollars, Frankenmuth Credit Union offers various account types, including shares, checking, business savings, business checking, money market, vacation club, Christmas club, health savings, IRA, and certificate of deposit accounts.
Official website here: www.frankenmuthcu.org
Who is the CEO of Credit Unions Chartered In The State Of Michigan Frankenmuth Credit Union?
Vickie Schmitzer is the Chairperson of Credit Unions Chartered In The State Of Michigan Frankenmuth Credit Union. The CEO's salary of Credit Unions Chartered In The State Of Michigan Frankenmuth Credit Union is $215,533 and their total compensation is $247,159.
Official website here: www.frankenmuthcu.org
What is the revenue of Credit Unions Chartered In The State Of Michigan Frankenmuth Credit Union?
Credit Unions Chartered In The State Of Michigan Frankenmuth Credit Union's revenue in 2022 was $70,580,613.
Official website here: www.frankenmuthcu.org
Who are the executives of Credit Unions Chartered In The State Of Michigan Frankenmuth Credit Union and what are their salaries?
The average compensation at Credit Unions Chartered In The State Of Michigan Frankenmuth Credit Union during 2022 was $51,240. There are 481 employees and 11 volunteers at Credit Unions Chartered In The State Of Michigan Frankenmuth Credit Union.
Here are 17 key members and their salaries (Credit Unions Chartered In The State Of Michigan Frankenmuth Credit Union's CEO's salary is $215,533 and their total compensation is $247,159):
- Vickie Schmitzer (Ceo)
- Robert Robinson (Insurance Sales)
- Donna Haubenstricker (Vp Of Finance)
- William Watchorn (Mortgage Originator)
- Steve Witt (Insurance Sales)
- Daniel Wortman (Insurance Sales)
- Eric Neumeyer (Ceo Of Cuso)
- Brad Gnatkowski (Mortgage Originator)
- Timothy Hildner (Chairperson) [Trustee/Director]
- Jill Catterfeld (Vice Chairperson) [Trustee/Director]
- Brian Dixon (Treasurer) [Trustee/Director]
- Richard Reif (Secretary) [Trustee/Director]
- Michael Fassezee (Director)
- Dan Lemke (Director)
- Scot Putzig (Director)
- Karina Spencer (Director)
- Chris Frank (Director)
Official website here: www.frankenmuthcu.org
Where can I find the form 990 for Credit Unions Chartered In The State Of Michigan Frankenmuth Credit Union?
The Credit Unions Chartered In The State Of Michigan Frankenmuth Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.frankenmuthcu.org
Learn more at the official website: www.frankenmuthcu.org
Mission Statement of Credit Unions Chartered In The State Of Michigan Frankenmuth Credit Union
Frankenmuth Credit Union, a Michigan-chartered credit union, is committed to delivering financial services to its member-owners who share a common bond. This financial institution prioritizes the safety, convenience, and cost-effectiveness of its services, ensuring the financial well-being of both the credit union and its members. By fostering trusted relationships, Frankenmuth Credit Union provides personalized financial solutions to cater to its members' unique needs.
The mission of Frankenmuth Credit Union extends beyond mere financial transactions. It aims to grow and strengthen relationships with its members by offering a comprehensive range of services. These services include share accounts, checking accounts, business savings, business checking, money market accounts, vacation club, Christmas club, health savings, Individual Retirement Accounts (IRAs), and Certificates of Deposit (CDs), collectively managing assets worth over one billion dollars for its 65,513 members. The credit union's dedication to financial stability and growth for its members is evident through its diverse array of offerings.
Impact
This information is meant to be a general summary of Credit Unions Chartered In The State Of Michigan Frankenmuth Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Credit Unions Chartered In The State Of Michigan Frankenmuth Credit Union, located in Frankenmuth, MI, has a significant impact by providing essential financial services to its 65,513 members. The credit union offers a wide range of account options including shares, checking, business savings, business checking, money market, vacation club, Christmas club, health savings, IRA, and certificate of deposit accounts, totaling an impressive $1,069,100,683 in assets. The mission of Frankenmuth Credit Union is to provide safe, convenient, and cost-effective financial services for the benefit of both the credit union and its members. By focusing on building trusted relationships and offering personalized financial solutions, the credit union plays a crucial role in supporting the financial well-being of its community.
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
$43,795,636
FEE AND OTHER INCOME
Revenue
$24,991,485
NON-MEMBER ATM INCOME
Revenue
$574,702
NON-MEMBER INSURANCE INCOME
Revenue
$14,073
NON-MEMBER SHARED BRANCH INCOME
Revenue
$6,950
Organization Details
Founding Year
1964
Phone
(989) 497-1600
Principal Officer
Vickie Schmitzer
Main Address
PO BOX 209, FRANKENMUTH, MI, 48734
Website
www.frankenmuthcu.org
NTEE Category
Code: W60 - Public benefit
If you are a representative of Credit Unions Chartered In The State Of Michigan Frankenmuth Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.