Capital Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 390394240 ✦ Green bay, WI ✦ Designated as a 501(c)(14)

Overview

What is Capital Credit Union?

Capital Credit Union is a member-owned financial institution based in Green Bay, Wisconsin, serving over 119,000 individuals across 12 northeastern Wisconsin counties: Brown, Calumet, Door, Kewaunee, Manitowoc, Marinette, Menominee, Oconto, Outagamie, Shawano, Waupaca, and Winnebago. The nonprofit organization provides a variety of financial services, offering multiple loan products, as well as share, share draft, CD, and IRA products. Capital Credit Union enriches its members' experience by offering numerous additional services, such as automated teller machines, direct deposit, online banking, debit and credit cards, gift cards, safe deposit boxes, e-statements, bill pay, and more. By prioritizing its members, Capital Credit Union operates as a full-service financial institution, embodying a commitment to enriching their financial wellbeing. (Word count: 103)


Official website here: www.capitalcu.com

Is Capital Credit Union legitimate?

Capital Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Capital 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: $1,444,992
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,201,624

For more financial information, click here


Official website here: www.capitalcu.com

What is the mission statement of Capital Credit Union?

Capital Credit Union is a member-owned financial institution dedicated to providing various financial services to individuals. The union offers multiple loan products, share and share draft accounts, CDs, IRAs, and other services. Additionally, Capital Credit Union caters to its members with automated teller machines, direct deposit, online banking, debit and credit cards, gift cards, safe deposit boxes, e-statements, bill pay, and various other facilities. The union boasts over 119,000 members, serving communities in twelve Wisconsin counties. Its mission is to offer comprehensive financial solutions and excellent member services.


Official website here: www.capitalcu.com

Who is the CEO of Capital Credit Union?

Laurie Butz is the President of Capital Credit Union.


Official website here: www.capitalcu.com

What is the revenue of Capital Credit Union?

Capital Credit Union's revenue in 2022 was $96,768,342.


Official website here: www.capitalcu.com

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

The average compensation at Capital Credit Union during 2022 was $40,952. There are 553 employees and 9 volunteers at Capital Credit Union.

Here are 21 key members and their salaries:

    Laurie Butz (President)
  • Compensation: $417,098
  • Related: $0
  • Other: $21,449

    • Karen Carew (Executive Vp/Coo)
  • Compensation: $268,273
  • Related: $0
  • Other: $11,967

    • Thomas Young (President)
  • Compensation: $246,634
  • Related: $0
  • Other: $7,537

    • Lisa Huguet (Cfo)
  • Compensation: $214,087
  • Related: $0
  • Other: $24,461

    • Wendy Wohr (Svp - Member Relations)
  • Compensation: $195,967
  • Related: $0
  • Other: $26,480

    • Timothy Wyngaard (Vp - Commercial Lending)
  • Compensation: $177,088
  • Related: $0
  • Other: $26,411

    • Jonathan Probst (Chief Lending Officer)
  • Compensation: $163,237
  • Related: $0
  • Other: $16,770

    • Patti Bani (Chief Culture Officer)
  • Compensation: $147,470
  • Related: $0
  • Other: $17,910

    • Amy Otis (Vp - Human Resources)
  • Compensation: $145,545
  • Related: $0
  • Other: $12,878

    • Danielle Kroening (Vp - Member Services)
  • Compensation: $139,947
  • Related: $0
  • Other: $17,690

    • Jacqueline Hagmann (Vp - Mortgage Lending)
  • Compensation: $124,264
  • Related: $0
  • Other: $20,937

    • Brad Roethlisberger (Vp - Financial Solutions)
  • Compensation: $130,254
  • Related: $0
  • Other: $9,761

    • Heather Karcz (Director)
  • Compensation: $3,651
  • Related: $0
  • Other: $0

    • Steven Frassetto (Chairman) [Trustee/Director]
  • Compensation: $1,984
  • Related: $0
  • Other: $0

    • Randall Sanders (Treasurer) [Trustee/Director]
  • Compensation: $1,839
  • Related: $0
  • Other: $0

    • Nancy Rietveld (Director)
  • Compensation: $1,768
  • Related: $0
  • Other: $0

    • Colleen Vanzeeland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melanie Haen (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Lucius (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Carrier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.capitalcu.com

    Where can I find the form 990 for Capital Credit Union?

    The Capital Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.capitalcu.com

    Learn more at the official website: www.capitalcu.com

    Mission Statement of Capital Credit Union

    Capital Credit Union, a member-owned financial institution, is dedicated to providing financial services to individuals. With a mission to serve, Capital Credit Union offers various loan products, as well as share, share draft, CD, and IRA products to its over 119,000 members. The union goes beyond basic banking services by providing automated teller machines, direct deposit, call 24 online banking, debit and credit cards, gift cards, safe deposit boxes, e-statements, bill pay, and numerous other convenient services.

    Capital Credit Union's commitment to its members extends beyond transactional services. It aims to be a full-service financial partner, catering to the financial needs of its members in a non-profit and cooperative manner. By doing so, it ensures that its members have access to essential financial tools and resources, ultimately contributing to their financial well-being.

    Capital Credit Union's services are designed to accommodate the diverse financial needs of its members. Whether it's securing a loan for a car or home, saving for retirement through an IRA, or managing daily finances with share draft or debit cards, Capital Credit Union is there to help its members achieve their financial goals. The union's portfolio of offerings is extensive, allowing members to save, borrow, and spend with ease. By promoting financial literacy and empowering its members, Capital Credit Union demonstrates its dedication to strengthening the financial foundation of the communities it serves.

    Impact

    This information is meant to be a general summary of Capital Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Capital Credit Union has a significant impact on the community by providing a wide range of financial services to over 119,000 members in 12 northeast Wisconsin counties. These services include various loan products, share accounts, online banking, debit and credit cards, and more. Through its member-owned thrift institution model, Capital Credit Union plays a vital role in supporting individuals' financial needs and fostering economic growth in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $11,713,483
  • Program Service Revenue: $85,035,131
  • Gross Receipts: $97,559,309

    • Assets and Liabilities:
  • Total Assets: $2,319,322,053
  • Total Liabilities: $2,059,825,291
  • Net Assets: $259,496,762
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $63,499,548

    INTERCHANGE INCOME

    Revenue

    $8,314,758

    FEE INCOME

    Revenue

    $7,836,340

    OTHER OPERATING INCOME

    Revenue

    $2,513,392

    INSURANCE INCOME

    Revenue

    $2,506,387

    Organization Details

    Founding Year

    1934

    Principal Officer

    Laurie Butz

    Main Address

    825 MORRIS AVE, GREEN BAY, WI, 543044525

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Capital 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.