Credit Unions In The State Of California Sierra Central Credit Union

Sierra Central Credit Union

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

EIN: 941484851 ✦ Yuba city, CA ✦ Designated as a 501(c)(14)

Overview

What is Credit Unions In The State Of California Sierra Central Credit Union?

Sierra Central Credit Union, a California-based financial institution, caters to member-owners by offering various financial services such as savings, checking, money market, IRA savings accounts, and certificates of deposit (CDs). With over 30,000 ATMs, online banking, and debit cards, members enjoy easy access to their funds. In 2022, the credit union served 74,410 members and funded $372.8 million in loans. Committed to their community, they pledge to be friendly, helpful, and professional while providing excellent products and competitive rates. The credit union employes 331 people.


Official website here: www.sierracentral.com

Is Credit Unions In The State Of California Sierra Central Credit Union legitimate?

Credit Unions In The State Of California Sierra Central Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions In The State Of California Sierra Central 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: $2,573,514
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,204,584

For more financial information, click here


Official website here: www.sierracentral.com

What is the mission statement of Credit Unions In The State Of California Sierra Central Credit Union?

Sierra Central Credit Union, as a financial institution, is committed to serving its members and the community faithfully. They pledge to offer friendly, helpful, and professional services, providing great financial products and competitive rates. The credit union offers various financial services such as savings, checking, money market, IRA savings accounts, and certificates of deposit to its member-owners. Members have access to over 30,000 ATMs, online banking, and debit cards. In the year 2022, the credit union served 74,410 members and funded $372.8 million in loans.


Official website here: www.sierracentral.com

Who is the CEO of Credit Unions In The State Of California Sierra Central Credit Union?

Ronald Sweeney is the Principal Officer of Credit Unions In The State Of California Sierra Central Credit Union. The CEO's salary of Credit Unions In The State Of California Sierra Central Credit Union is $174,065 and their total compensation is $216,761.


Official website here: www.sierracentral.com

What is the revenue of Credit Unions In The State Of California Sierra Central Credit Union?

Credit Unions In The State Of California Sierra Central Credit Union's revenue in 2022 was $53,335,034.


Official website here: www.sierracentral.com

Who are the executives of Credit Unions In The State Of California Sierra Central Credit Union and what are their salaries?

The average compensation at Credit Unions In The State Of California Sierra Central Credit Union during 2022 was $50,689. There are 331 employees and 10 volunteers at Credit Unions In The State Of California Sierra Central Credit Union.

Here are 20 key members and their salaries (Credit Unions In The State Of California Sierra Central Credit Union's CEO's salary is $174,065 and their total compensation is $216,761):

    Ron Sweeney (Ceo)
  • Compensation: $658,182
  • Related: $0
  • Other: $37,076

    • Steve Henderson (Cio, Svp Isit & Facilities)
  • Compensation: $320,228
  • Related: $0
  • Other: $34,685

    • Stephanie Dickinson (Cfo)
  • Compensation: $302,983
  • Related: $0
  • Other: $38,877

    • David Kelsay (Clo, Svp Lending)
  • Compensation: $297,202
  • Related: $0
  • Other: $36,669

    • Barbara Menefee (Svp Administration)
  • Compensation: $288,469
  • Related: $0
  • Other: $34,264

    • Michael Cartoscelli (Cro, Svp Retail Banking)
  • Compensation: $272,114
  • Related: $0
  • Other: $36,004

    • John Cassidy (Former Ceo)
  • Compensation: $174,065
  • Related: $0
  • Other: $42,696

    • Kathleen Steiner (Vp Isit)
  • Compensation: $189,109
  • Related: $0
  • Other: $17,631

    • David Bumpus (Business Development Manager)
  • Compensation: $174,448
  • Related: $0
  • Other: $26,011

    • Walter Meyer (Vp Commercial Lending)
  • Compensation: $176,753
  • Related: $0
  • Other: $15,995

    • Todd Mcgregor (Vp Digital Channels)
  • Compensation: $181,822
  • Related: $0
  • Other: $9,732

    • Sara Hodge (Vp Controller)
  • Compensation: $163,910
  • Related: $0
  • Other: $23,118

    • Devin Barber (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tib Belza (Vice Chair/Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Gaylean (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Baldev Johal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diana Langley (Former Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diane Meyers (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Mierzwa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sean Minard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sierracentral.com

    Where can I find the form 990 for Credit Unions In The State Of California Sierra Central Credit Union?

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


    Official website here: www.sierracentral.com

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

    Mission Statement of Credit Unions In The State Of California Sierra Central Credit Union

    Sierra Central Credit Union, a financial institution dedicated to serving its members and community, is committed to upholding a pledge of faithfulness, friendliness, helpfulness, professionalism, and providing excellent financial products with competitive rates. In essence, the credit union promises to be more than just a financial provider; it aspires to be a trusted partner and active community member.

    By offering various financial services, including savings, checking, money market, IRA savings accounts, and certificates of deposit (CDs), Sierra Central Credit Union aims to cater to the diverse financial needs of its member-owners. The credit union's extensive network of over 30,000 ATMs, online banking, and debit cards provide members with added convenience and flexibility.

    In the past year, Sierra Central Credit Union significantly impacted the financial lives of 74,410 members by offering savings and loan accounts and funding an impressive $372.8 million in loans. This commitment to providing financial services demonstrates the credit union's dedication to empowering its members on their financial journey.

    Impact

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




    Thursday, August 15, 2024

    Credit Unions In The State Of California Sierra Central Credit Union, based in Yuba City, CA, has a significant impact on its community by providing essential financial services to its member owners. In 2022 alone, the credit union served 74,410 members and funded $372.8 million in loans. By offering savings, checking, money market, IRA accounts, and various CDs, Sierra Central Credit Union plays a crucial role in promoting financial stability and growth among its members. Additionally, the credit union's commitment to friendly, helpful, and professional service, along with competitive rates, reinforces its dedication to meeting the financial needs of its 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: $6,030,331
  • Program Service Revenue: $47,304,703
  • Gross Receipts: $53,335,034

    • Assets and Liabilities:
  • Total Assets: $1,505,152,952
  • Total Liabilities: $1,357,578,616
  • Net Assets: $147,574,336
  • Programs

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

    LOAN INTEREST INCOME

    Revenue

    $35,796,252

    INTERCHANGE INCOME

    Revenue

    $5,782,449

    SERVICE CHARGES & OTHER FEES

    Revenue

    $4,323,287

    INSURANCE INCOME

    Revenue

    $744,493

    OTHER NONINTEREST INCOME

    Revenue

    $658,222

    Organization Details

    Founding Year

    1955

    Principal Officer

    Ronald Sweeney

    Main Address

    1351 HARTER PKWY, YUBA CITY, CA, 95993

    NTEE Category

    Code: W60 - Public benefit

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