Overview
What is Co-Op Credit Union Of Montevideo?
Co-Op Credit Union of Montevideo is a nonprofit financial institution based in Montevideo, Minnesota. With a member base of approximately 16,000, the credit union caters to residents in west central Minnesota. They offer a range of financial services, investment opportunities, and loans, and operate branches in Montevideo, Benson, Canby, and Willmar. The credit union aims to provide essential financial solutions to its members, expanding access to various financial products and fostering financial growth within the community.
Official website here: www.co-opcreditunion.com
Is Co-Op Credit Union Of Montevideo legitimate?
Co-Op Credit Union Of Montevideo is a legitimate nonprofit organization registered as a 501(c)(14) entity. Co-Op Credit Union Of Montevideo 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: $1,319,581
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,938,961
For more financial information, click here
Official website here: www.co-opcreditunion.com
What is the mission statement of Co-Op Credit Union Of Montevideo?
Co-Op Credit Union of Montevideo offers financial services, investment options, and loans to approximately 16,000 members in West Central Minnesota. The credit union's mission is geared towards providing essential financial solutions to its members. Through a network of branches in Montevideo, Benson, Canby, and Willmar, the credit union aims to expand its reach and cater to an increasing number of individuals in the region. By offering a wide range of financial products and services, the credit union empowers its members to manage their finances effectively and meet their various financial needs. Its commitment extends beyond just offering financial services, as it strives to create a strong community bond and contribute to the economic growth of the region.
Official website here: www.co-opcreditunion.com
Who is the CEO of Co-Op Credit Union Of Montevideo?
Kayla Reiffenerger is the Principal Officer of Co-Op Credit Union Of Montevideo. The CEO's salary of Co-Op Credit Union Of Montevideo is $355,361 and their total compensation is $440,050.
Official website here: www.co-opcreditunion.com
What is the revenue of Co-Op Credit Union Of Montevideo?
Co-Op Credit Union Of Montevideo's revenue in 2022 was $13,722,372.
Official website here: www.co-opcreditunion.com
Who are the executives of Co-Op Credit Union Of Montevideo and what are their salaries?
The average compensation at Co-Op Credit Union Of Montevideo during 2022 was $45,258. There are 72 employees at Co-Op Credit Union Of Montevideo.
Here are 17 key members and their salaries (Co-Op Credit Union Of Montevideo's CEO's salary is $355,361 and their total compensation is $440,050):
- Kayla Reiffenberger (President/Ceo)
- Daniel Pieper (Chief Credit Officer)
- Brian Samuelson (Vice President Of Lending)
- Loren Hansen (Loan Officer)
- Susan Hilleren (Coo)
- Ruth Schoen (Chief Compliance Officer)
- Anna Spray (Cfo)
- Barb Pederson (Supervisory Chairperson) [Trustee/Director]
- Mark Tastad (Board Officer) [Trustee/Director]
- Jason French (Chairperson) [Trustee/Director]
- Diane Dieter (Vice Chairperson) [Trustee/Director]
- Peter Schmitz (Secretary) [Trustee/Director]
- Kyle Kranz (Board Member) [Trustee/Director]
- Patrick Carruth (Board Member) [Trustee/Director]
- Korwin Johnson (Board Member) [Trustee/Director]
- Ronda Olson (Supervisory Member) [Trustee/Director]
- Aaron Jaenisch (Supervisory Member) [Trustee/Director]
Official website here: www.co-opcreditunion.com
Where can I find the form 990 for Co-Op Credit Union Of Montevideo?
The Co-Op Credit Union Of Montevideo’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.co-opcreditunion.com
Learn more at the official website: www.co-opcreditunion.com
Mission Statement of Co-Op Credit Union Of Montevideo
Co-Op Credit Union of Montevideo is a financial institution dedicated to serving approximately 16,000 members in West Central Minnesota. The organization offers a range of financial services, investment options, and loans to its members.
At the heart of Co-Op Credit Union of Montevideo's mission lies its commitment to empowering its members through financial solutions. The credit union's team of dedicated professionals works tirelessly to help members achieve their financial goals. Whether it's securing a loan to purchase a home or investing in a personal retirement account, Co-Op Credit Union of Montevideo aims to provide the resources and expertise needed to succeed.
Moreover, the credit union fosters a sense of community among its members. By offering services and resources that cater to the unique needs of West Central Minnesota residents, Co-Op Credit Union of Montevideo helps to strengthen the local economy and improve the overall financial wellbeing of its members. The credit union's commitment to its community extends beyond financial services, as it also seeks to build lasting relationships and foster a sense of belonging among its members.
In summary, Co-Op Credit Union of Montevideo is more than just a financial institution; it's a trusted partner for its members, providing essential financial services, investment opportunities, and loans to help them secure a brighter financial future. The organization's dedication to its members and the West Central Minnesota community sets it apart as a vital resource for individuals and families in the region.
Impact
This information is meant to be a general summary of Co-Op Credit Union Of Montevideo. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Co-Op Credit Union Of Montevideo provides essential financial services, investment options, and loans to approximately 16,000 members in West Central Minnesota. With locations in Montevideo, Benson, Canby, and Willmar, the credit union plays a crucial role in supporting the financial well-being of individuals and communities in the region. By offering accessible and reliable financial solutions, Co-Op Credit Union Of Montevideo contributes to the economic growth and stability of the area it serves.
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.
MEMBER
Revenue
$12,037,954
NON-MEMBER
Revenue
$18,600
Organization Details
Founding Year
1940
Phone
(320) 269-2117
Principal Officer
Kayla Reiffenerger
Main Address
2407 E HWY 7 PO BOX 447, MONTEVIDEO, MN, 56265
Website
www.co-opcreditunion.com
NTEE Category
Code: W60 - Public benefit
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