Florida State University Credit Union

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

EIN: 590806310 ✦ Tallahassee, FL ✦ Designated as a 501(c)(14)

Overview

What is Florida State University Credit Union?

Florida State University Credit Union is a nonprofit financial institution based in Tallahassee, Florida, serving over 33,000 members with eleven branches as of December 2022 and ten branches as of January 2023. Their mission is to promote thrift, offer credit at fair interest rates, and enhance the financial well-being of their members. They pride themselves on enabling members to save money on loan payments and allocate those funds elsewhere in their budgets. As of 12/31/22, the credit union has a workforce of 138 dedicated individuals. They provide secure online banking, a convenient mobile app, and a comprehensive range of account types, loans, and services to cater to every financial need.


Official website here: www.fsucu.org

Is Florida State University Credit Union legitimate?

Florida State University Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Florida State University 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: $1,480,548
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,059,597

For more financial information, click here


Official website here: www.fsucu.org

What is the mission statement of Florida State University Credit Union?

The Florida State University Credit Union is dedicated to encouraging savings and offering affordable credit to its members. With a mission to enhance the financial well-being of its members, the credit union serves over 33,000 individuals as of December 31, 2022, and continues to grow with ten additional branches as of January 21, 2023. The credit union provides secure online banking and a convenient mobile app, along with a comprehensive range of account types, loans, and services tailored to meet every financial need.


Official website here: www.fsucu.org

Who is the CEO of Florida State University Credit Union?

Jennifer Durden is the Director of Florida State University Credit Union. The CEO's salary of Florida State University Credit Union is $476,976 and their total compensation is $527,743.


Official website here: www.fsucu.org

What is the revenue of Florida State University Credit Union?

Florida State University Credit Union's revenue in 2022 was $22,425,859.


Official website here: www.fsucu.org

Who are the executives of Florida State University Credit Union and what are their salaries?

The average compensation at Florida State University Credit Union during 2022 was $47,392. There are 138 employees and 16 volunteers at Florida State University Credit Union.

Here are 26 key members and their salaries (Florida State University Credit Union's CEO's salary is $476,976 and their total compensation is $527,743):

    Charles Adcock Iii (President/Ceo)
  • Compensation: $476,976
  • Related: $0
  • Other: $50,767

    • Jennifer Durden (Evp/Cfo)
  • Compensation: $281,341
  • Related: $0
  • Other: $47,807

    • L Grant Abbott (Vp Of Lending And Administration)
  • Compensation: $192,755
  • Related: $0
  • Other: $42,662

    • Landon Gaines Sr (Vp Of Operations)
  • Compensation: $194,309
  • Related: $0
  • Other: $29,148

    • Kevin Keith (Evp)
  • Compensation: $136,716
  • Related: $0
  • Other: $28,064

    • Diamond Popour (Manager, Bus Dev)
  • Compensation: $108,794
  • Related: $0
  • Other: $31,519

    • Alisha Blondel (Collections Director)
  • Compensation: $114,250
  • Related: $0
  • Other: $16,952

    • Erin Williams (Compliance Director)
  • Compensation: $102,150
  • Related: $0
  • Other: $22,300

    • Ivy Miles (Hr Director)
  • Compensation: $100,576
  • Related: $0
  • Other: $22,259

    • Jessie Watson (Avp Of Marketing And Member Experience)
  • Compensation: $110,248
  • Related: $0
  • Other: $7,029

    • William Woodyard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juanita Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joel Moye (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phaedra Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shenifa Taite (Secretary (Jul 2020-Presen) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Randy Mccausland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hugh Fones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wayne Rhodes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elaine Mccroan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Oerting (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brandon Bowden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Francis J Flynn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David White (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Sagaser (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • G Stacy Sirmans (Chairman (Jul 2020-Present) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fsucu.org

    Where can I find the form 990 for Florida State University Credit Union?

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


    Official website here: www.fsucu.org

    Learn more at the official website: www.fsucu.org

    Mission Statement of Florida State University Credit Union

    Florida State University Credit Union, or FSU Credit Union, is a financial institution dedicated to promoting thrift, creating a reliable source of credit, and enhancing the financial well-being of its members. With over 33,000 members as of December 31, 2022, and eleven branches in Tallahassee and the surrounding area, FSU Credit Union offers secure online banking, a convenient mobile app, and a comprehensive range of account types, loans, and services to cater to every financial need. The mission of FSU Credit Union is to provide its members with legitimate financial solutions and help them build a stronger financial future.

    In line with its commitment to its members, FSU Credit Union offers a complete suite of financial products. Members can take advantage of various account types to suit their needs, including savings, checking, and certificate accounts. Additionally, the credit union provides a range of loan options, such as auto, mortgage, and personal loans, to help members manage their debts and achieve their financial goals. The credit union's member-focused approach extends beyond its financial services, with a team dedicated to ensuring members have access to secure online banking and a convenient mobile app to manage their accounts on the go. Overall, FSU Credit Union is more than just a financial institution—it is a trusted partner for its members, committed to promoting financial well-being and creating opportunities for long-term financial success.

    Impact

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




    Thursday, August 15, 2024

    Florida State University Credit Union's impact can be seen in the financial well-being of its more than 33,000 members. By promoting thrift and providing access to credit at legitimate rates of interest, the credit union helps its members save money on loan payments and manage their budgets effectively. With eleven branches throughout Tallahassee and the surrounding area, the credit union offers secure online banking, a convenient mobile app, and a wide range of account types, loans, and services to meet diverse financial needs. This commitment to fostering financial health and providing valuable financial services makes a significant difference in the lives of its members and the community at large.





    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: $753,348
  • Program Service Revenue: $18,980,644
  • Gross Receipts: $25,407,170

    • Assets and Liabilities:
  • Total Assets: $440,836,260
  • Total Liabilities: $399,334,567
  • Net Assets: $41,501,693
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $13,581,765

    FEE INCOME

    Revenue

    $2,973,818

    INTERCHANGE INCOME

    Revenue

    $1,742,508

    INSURANCE-RELATED INCOME

    Revenue

    $682,553

    Organization Details

    Founding Year

    1954

    Principal Officer

    Jennifer Durden

    Main Address

    PO BOX 182499, TALLAHASSEE, FL, 32318

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Florida State University 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.