Credit Unions In The State Of Washington Twinstar Credit Union

Twinstar Credit Union

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

EIN: 910440744 ✦ Olympia, WA ✦ Designated as a 501(c)(14)

Overview

What is Credit Unions In The State Of Washington Twinstar Credit Union?

Twinstar Credit Union, a Washington-based credit union with over 144,000 members as of December 2022, is dedicated to investing in people and empowering their financial success. Their savings accounts, including monthly dividend-paying and special accounts designed for children and teenagers, offer members of all ages various access methods such as branch network, home banking, mobile banking, and ATMs worldwide. As part of their mission, Twinstar Credit Union helps members not only have a great banking experience but also secure financial futures. In 2014, they adopted the brand promise, "Realizing Financial Dreams Together," which emphasizes their unique ability to provide personalized financial support and experiences that surpass what other banking institutions can offer. With a team of 553 employees, Twinstar Credit Union is committed to helping members achieve their financial goals and build a prosperous future.


Official website here: www.twinstarcu.com

Is Credit Unions In The State Of Washington Twinstar Credit Union legitimate?

Credit Unions In The State Of Washington Twinstar Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions In The State Of Washington Twinstar 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: $3,172,802
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,479,783

For more financial information, click here


Official website here: www.twinstarcu.com

What is the mission statement of Credit Unions In The State Of Washington Twinstar Credit Union?

Twinstar Credit Union is dedicated to investing in people and empowering their success. In 2014, they adopted the brand promise, "Realizing Financial Dreams Together," which encapsulates their strategic intentions in a few succinct words. With the right people, tools, and value systems in place, Twinstar Credit Union offers its members more than just a great place to bank, but also a path to a prosperous future. This promise sets Twinstar apart from other banking institutions, as not all can provide the same experience.


Official website here: www.twinstarcu.com

Who is the CEO of Credit Unions In The State Of Washington Twinstar Credit Union?

Jeff Kennedy is the Ceo/President/Treasurer of Credit Unions In The State Of Washington Twinstar Credit Union. The CEO's salary of Credit Unions In The State Of Washington Twinstar Credit Union is $1,086,917 and their total compensation is $1,931,457.


Official website here: www.twinstarcu.com

What is the revenue of Credit Unions In The State Of Washington Twinstar Credit Union?

Credit Unions In The State Of Washington Twinstar Credit Union's revenue in 2022 was $119,511,993.


Official website here: www.twinstarcu.com

Who are the executives of Credit Unions In The State Of Washington Twinstar Credit Union and what are their salaries?

The average compensation at Credit Unions In The State Of Washington Twinstar Credit Union during 2022 was $62,663. There are 553 employees and 14 volunteers at Credit Unions In The State Of Washington Twinstar Credit Union.

Here are 21 key members and their salaries (Credit Unions In The State Of Washington Twinstar Credit Union's CEO's salary is $1,086,917 and their total compensation is $1,931,457):

    Jeff Kennedy (Ceo/President/Treasurer)
  • Compensation: $1,086,917
  • Related: $0
  • Other: $844,540

    • Scott Daukas (Chief Strategy Officer (Thru 08/22))
  • Compensation: $469,140
  • Related: $0
  • Other: $25,681

    • Aaron Palmer (Chief Revenue Officer)
  • Compensation: $272,476
  • Related: $0
  • Other: $119,730

    • Rebecca Breen (Chief Operations Officer (Thru 12/22))
  • Compensation: $316,416
  • Related: $0
  • Other: $30,361

    • Jerrod Keller (Chief Operations Officer)
  • Compensation: $265,817
  • Related: $0
  • Other: $26,298

    • Kimberly Steepy (Chief Financial Officer)
  • Compensation: $251,409
  • Related: $0
  • Other: $25,530

    • Tammy Teeter (Chief Administrative Officer)
  • Compensation: $232,471
  • Related: $0
  • Other: $28,978

    • Patrice Kruger (Vp Channel Services)
  • Compensation: $198,800
  • Related: $0
  • Other: $22,586

    • Diane Sokolik (Vp Consumer Lending)
  • Compensation: $184,419
  • Related: $0
  • Other: $29,748

    • Racardo Mclaughlin (Vp Mortgage Lending)
  • Compensation: $188,818
  • Related: $0
  • Other: $20,044

    • Laurie Kresl (Vp Marketing)
  • Compensation: $180,450
  • Related: $0
  • Other: $18,408

    • Debra Gildner (Vp Accounting & Finance)
  • Compensation: $177,251
  • Related: $0
  • Other: $19,738

    • Ronald Hastie (Chair) [Trustee/Director]
  • Compensation: $10,932
  • Related: $0
  • Other: $0

    • Kimberly Martin (Vice Chair) [Trustee/Director]
  • Compensation: $10,053
  • Related: $0
  • Other: $0

    • Donna Feliciano (Secretary) [Trustee/Director]
  • Compensation: $8,447
  • Related: $0
  • Other: $0

    • Brian Hurley (Director)
  • Compensation: $7,930
  • Related: $0
  • Other: $0

    • Jena Miller (Director)
  • Compensation: $7,579
  • Related: $0
  • Other: $0

    • Mark Neary (Director)
  • Compensation: $6,167
  • Related: $0
  • Other: $0

    • Gayla Gjertsen (Director)
  • Compensation: $5,000
  • Related: $0
  • Other: $0

    • Dale Tosland (Director)
  • Compensation: $2,500
  • Related: $0
  • Other: $0

    • Rhodetta Seward (Director (Thru 08/22))
  • Compensation: $2,441
  • Related: $0
  • Other: $0


  • Official website here: www.twinstarcu.com

    Where can I find the form 990 for Credit Unions In The State Of Washington Twinstar Credit Union?

    The Credit Unions In The State Of Washington Twinstar Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.twinstarcu.com

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

    Mission Statement of Credit Unions In The State Of Washington Twinstar Credit Union

    Credit Unions In The State of Washington Twinstar, a forward-thinking financial institution, is dedicated to investing in people and empowering success. The organization's mission, adopted in 2014, is encapsulated in their brand promise: Realizing Financial Dreams Together. This concise statement embodies Twinstar Credit Union's strategic objectives, offering more than just a great place to bank but also the means to secure a prosperous future for its members.

    Twinstar Credit Union's team and resources are tailored to help its members thrive. The commitment to this promise sets Twinstar apart from other banking institutions, as it goes beyond the scope of regular banking services. Members of Twinstar Credit Union can expect personalized attention and the tools they need to achieve their financial goals. The promise acts as a valuable differentiator, providing members with an exceptional experience they may not find elsewhere in the financial sector.

    Impact

    This information is meant to be a general summary of Credit Unions In The State Of Washington Twinstar Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Twinstar Credit Union, operating as a credit union in the state of Washington, has a significant impact on the community by investing in people and empowering success. With a focus on realizing financial dreams together, Twinstar offers various savings accounts that cater to members of all ages. As of December 31, 2022, Twinstar had 144,254 members benefiting from monthly dividends, access to branches, online and mobile banking, and ATMs worldwide.

    Twinstar's special savings accounts for children and teenagers encourage the development of consistent savings habits from a young age. By providing the necessary tools, value systems, and personalized service, Twinstar Credit Union stands out among traditional banking institutions, ensuring a prosperous future for its members. This commitment to supporting the financial well-being of its members distinguishes Twinstar as a valuable asset in the community.





    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: $8,396,035
  • Program Service Revenue: $111,119,422
  • Gross Receipts: $119,639,940

    • Assets and Liabilities:
  • Total Assets: $2,252,123,510
  • Total Liabilities: $2,091,928,078
  • Net Assets: $160,195,432
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $72,473,717

    SERVICE CHARGES AND FEES

    Revenue

    $18,017,195

    VISA/INTERCHANGE INCOME

    Revenue

    $15,936,336

    LOAN SALES AND SERVICING INCOME

    Revenue

    $2,347,003

    OTHER NONINTEREST INCOME

    Revenue

    $2,345,171

    Organization Details

    Founding Year

    1937

    Principal Officer

    Jeff Kennedy

    Main Address

    PO BOX 718, OLYMPIA, WA, 98507

    NTEE Category

    Code: W60 - Public benefit

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