Overview
What is Veridian Credit Union?
Veridian Credit Union, a financial institution based in Waterloo, Iowa, and six counties in Eastern Nebraska, serves approximately 314,394 members. In 2022, the union added 59,875 new memberships. With a total of 1,162 employees, Veridian Credit Union offers a range of financial services aimed at providing low or no-cost options, competitive loan rates, and higher savings rates to its members. The organization's mission revolves around the philosophy of "People Helping People," as they partner with members to build successful financial futures. The credit union's current field of membership includes residents of Iowa and six counties in Eastern Nebraska.
Official website here: www.veridiancu.org
Is Veridian Credit Union legitimate?
Veridian Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Veridian 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: $5,610,913
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,217,055
For more financial information, click here
Official website here: www.veridiancu.org
What is the mission statement of Veridian Credit Union?
Veridian Credit Union is committed to helping its members achieve financial success by offering a range of low or no cost services, affordable loan rates, and competitive savings rates. This people-oriented approach is encapsulated in the credit union's philosophy of "People Helping People." By partnering with its members, Veridian Credit Union aims to create successful financial futures for them. The credit union currently serves over 314,000 members and added nearly 60,000 new memberships in 2022. With total loans and deposits reaching 6.16 billion dollars and 5.48 billion dollars respectively at the end of 2022, Veridian Credit Union continues to make a significant impact in the financial lives of its members.
Official website here: www.veridiancu.org
Who is the CEO of Veridian Credit Union?
Keith J Mesch is the Board Of Director of Veridian Credit Union. The CEO's salary of Veridian Credit Union is $1,030,926 and their total compensation is $1,300,069.
Official website here: www.veridiancu.org
What is the revenue of Veridian Credit Union?
Who are the executives of Veridian Credit Union and what are their salaries?
The average compensation at Veridian Credit Union during 2022 was $50,626. There are 1,162 employees and 16 volunteers at Veridian Credit Union.
Here are 31 key members and their salaries (Veridian Credit Union's CEO's salary is $1,030,926 and their total compensation is $1,300,069):
- Renee Christoffer (President/Ceo)
- Douglas Gilbertson (Chief Operations Officer)
- Keith Mesch (Chief Financial Officer)
- Brett Engstrom (Chief Information Officer)
- Lynette Gilbertson (Senior Vp Of Commercial Services)
- Gregory Slessor (Senior Vp Of Legal)
- Shawna Matz (Chief People Officer)
- Mark Koppedryer (Senior Vp Of Retail)
- Kara Vanwert (Senior Vp Of Lending)
- Gabriel Wilcox (Mortgage Loan Originator)
- Lori Honermann (Mortgage Loan Originator)
- Emily L Kuntz (Vp - Controller)
- Sarah Elaine Corkery (Vp Of Marketing)
- Christi Hulme (Vp Of Member Contact Center)
- Christopher Mcgovern (Manager Of Mortgage Lending)
- Traci Mcbee (Board Of Director)
- Justine Peebles (Board Of Director)
- William Boevers (Board Of Director)
- Aubrey Ward (Board Of Director)
- Creston Van Wey (Board Of Director)
- Stephanie Atkin (Board Of Director)
- Larry Loss (Former Board Of Director)
- Emsad Begic (Board Of Director)
- Pamela Ayres (Board Of Director)
- Cindy Sprole (Board Of Director)
- James Kacher (Board Of Director)
- Cynthia Buettner (Board Of Director)
- Bob Kressig (Board Of Director)
- Ginger Shirley (Board Of Director)
- Nick Waters (Board Of Director)
- Gaylen Witzel (Former Board Of Director)
Official website here: www.veridiancu.org
Where can I find the form 990 for Veridian Credit Union?
The Veridian Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.veridiancu.org
Learn more at the official website: www.veridiancu.org
Mission Statement of Veridian Credit Union
Veridian Credit Union, a member-driven financial institution, is dedicated to offering a range of affordable services, competitive loan rates, and advantageous savings rates to its members. By embracing the philosophy of "People Helping People," this credit union strives to partner with its members, empowering them to build prosperous financial futures. With a current membership base of approximately 314,394 individuals, Veridian Credit Union has successfully added 59,875 new members in 2022 alone. The total loans and deposits at the end of 2022 amounted to 6,164,316,472 and 5,481,215,348 respectively.
In pursuit of its mission, Veridian Credit Union goes beyond just providing financial services. It prioritizes its members' needs and strives to cater to them with care and dedication. By offering a variety of low or no-cost services, the credit union ensures its members have access to financial resources that enable them to meet their goals and overcome financial challenges. Moreover, Veridian Credit Union's focus on creating successful financial futures extends beyond the scope of individual transactions. It fosters a supportive community where members can learn from one another and grow together, promoting a culture of financial literacy and sustainability.
Impact
This information is meant to be a general summary of Veridian Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Veridian Credit Union's impact is evident in its commitment to providing a variety of low or no-cost services, low loan rates, and higher savings rates to its members. By aligning with the philosophy of "people helping people," Veridian Credit Union partners with its members to create successful financial futures. This approach has resulted in serving approximately 314,394 members at its convenient branch locations. In 2022 alone, the credit union added 59,875 new memberships, showcasing its growing influence and positive impact on the community. With total loans and deposits reaching $6,164,316,472 and $5,481,215,348 respectively at the end of 2022, Veridian Credit Union's dedication to supporting its members' financial well-being is clearly demonstrated.
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 INCOME - LOANS TO MEMBER
Revenue
$236,146,288
FEES AND CHARGES
Revenue
$12,272,616
INTEREST INCOME - MEMBER INVESTME
Revenue
$6,677,923
SALE OF SERVICES
Revenue
$4,877,502
ATM - POINT OF SALE
Revenue
$4,671,050
Organization Details
Founding Year
1934
Phone
(319) 236-5600
Principal Officer
Keith J Mesch
Main Address
1827 ANSBOROUGH AVENUE, WATERLOO, IA, 507013629
Website
www.veridiancu.org
NTEE Category
Code: W60 - Public benefit
If you are a representative of Veridian 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.