Overview
What is San Mateo Credit Union?
San Mateo Credit Union is a financial cooperative serving communities within San Mateo County, the City of Palo Alto, and select neighborhoods in San Francisco. With seven branches and a headquarters office in Redwood City, California, they cater to over 90,000 member-owners as of year-end 2022. The credit union provides an extensive range of retail financial products and services, including residential real estate loans, automobile loans, secured and unsecured loans, credit cards, checking, savings, and certificate of deposit accounts. Their mission goes beyond financial services, as they offer financial education to both youth and adults throughout the communities they serve. San Mateo Credit Union passionately delivers relevant products, services, and education to help their members, employees, and communities achieve their financial goals.
Official website here: www.smcu.org
Is San Mateo Credit Union legitimate?
San Mateo Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. San Mateo 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: $4,768,629
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,272,700
For more financial information, click here
Official website here: www.smcu.org
What is the mission statement of San Mateo Credit Union?
The San Mateo Credit Union is dedicated to enhancing the financial well-being of its members. It passionately delivers tailored financial products, services, and education to help individuals and communities reach their financial objectives. With a wide range of offerings including residential loans, auto loans, credit cards, and various deposit accounts, the credit union caters to diverse financial needs. Additionally, it provides financial education to both youth and adults in the communities it serves.
Official website here: www.smcu.org
Who is the CEO of San Mateo Credit Union?
Wade Painter is the Ceo/President of San Mateo Credit Union. The CEO's salary of San Mateo Credit Union is $801,842 and their total compensation is $824,342.
Official website here: www.smcu.org
What is the revenue of San Mateo Credit Union?
Who are the executives of San Mateo Credit Union and what are their salaries?
The average compensation at San Mateo Credit Union during 2022 was $75,561. There are 252 employees and 12 volunteers at San Mateo Credit Union.
Here are 25 key members and their salaries (San Mateo Credit Union's CEO's salary is $801,842 and their total compensation is $824,342):
- Wade Painter (Ceo/President)
- Valerie Alsip (Evp/Coo)
- David Diamond (Vp, Chief Financial Officer)
- Patricia Ellingson (Svp, Chief Lending Officer)
- Rebecca Nixon (Vp Employee Relations)
- Doreen Szymankski (Vp Member Experience)
- William Andrews (Vp Information Services)
- Robert Carter (Vp Administrative Services)
- Ignasio Medrano (Vp Digital Services)
- Richard Kinzie (Vp Risk & Compliance)
- Emilio Johansen (Executive Wealth Advisor)
- Anatoly Vilderman (Executive Wealth Advisor)
- Dani Robinson (Vp Credit Risk)
- Suzanne Knowlton (Vp Marketing & Community Relations)
- Cheryl Rayo (Vp Real Estate Lending)
- Johnny Escalante (Director Of Information Services)
- Jon Galle (Lead Enterprise Applications Analyst)
- Janelle Eaton Escalante (Director Of Employee Relations)
- Michael Claire (Chair) [Trustee/Director]
- Steve Divney (Vice Chair) [Trustee/Director]
- Kate Harr (Treasurer) [Trustee/Director]
- John Beiers (Secretary) [Trustee/Director]
- Magda Gonzalez (Director)
- Brian Ponty (Director)
- Donna Vaillancourt (Director (Thru 12/31/2022))
Official website here: www.smcu.org
Where can I find the form 990 for San Mateo Credit Union?
The San Mateo Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.smcu.org
Learn more at the official website: www.smcu.org
Mission Statement of San Mateo Credit Union
San Mateo Credit Union, a financial cooperative, is dedicated to enhancing the financial lives of its members through the provision of a diverse range of products and services. With a passion for delivering relevance, this organization goes beyond offering financial tools, extending to the realms of education to help members, employees, and communities achieve their financial objectives.
In simple terms, San Mateo Credit Union aims to cater to the financial needs of its members by providing them with an extensive selection of consumer financial products. This array includes residential real estate loans, automobile loans, secured and unsecured loans, and credit cards, as well as checking, savings, and certificate of deposit accounts. By offering this comprehensive suite of financial services, the Union empowers its members to manage their money effectively and reach their financial goals.
Moreover, San Mateo Credit Union recognizes the importance of financial education. With this understanding, the organization extends its reach beyond the realm of mere transactions to engage in the communities it serves. Through various educational initiatives, the Union equips youth and adults with the knowledge and skills necessary to make informed financial decisions and build a solid financial foundation for their futures.
Impact
This information is meant to be a general summary of San Mateo Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
San Mateo Credit Union's impact can be seen in the financial empowerment and improvement of the lives of its members. By providing a wide range of financial products and services, the credit union helps individuals and families in San Mateo County, Palo Alto, and select neighborhoods in San Francisco achieve their financial goals. With a substantial membership base of 90,768 member-owners, San Mateo Credit Union plays a vital role in offering retail financial products such as residential real estate loans, automobile loans, credit cards, and savings and checking accounts.
Furthermore, the credit union's commitment to financial education, both for youth and adults in the communities it serves, demonstrates its dedication to enhancing financial literacy and capability among its members. Through its array of consumer financial products and services, San Mateo Credit Union actively contributes to the economic well-being of its members and the broader community.
Overall, San Mateo Credit Union's impact goes beyond just offering financial services; it is about empowering individuals and communities to achieve financial stability and success.
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 ON LOANS
Revenue
$41,254,094
INTERCHANGE INCOME
Revenue
$9,709,523
OTHER NONINTEREST INCOME
Revenue
$4,467,094
DEPOSIT SERVICE CHARGES AND FEES
Revenue
$4,174,517
SALE OF LOANS
Revenue
$222,256
Organization Details
Founding Year
1952
Phone
(650) 363-1716
Principal Officer
Wade Painter
Main Address
350 CONVENTION WAY, REDWOOD CITY, CA, 94063
Website
www.smcu.org
NTEE Category
Code: W60 - Public benefit
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