Overview
What is Sacramento Credit Union?
Sacramento Credit Union, established in 1935 and based in Sacramento, California, is a federally insured community credit union serving over 26,500 members across Sacramento, El Dorado, Placer, Solano, Sutter, Yolo, and Yuba counties. Comprised of individuals, corporations, partnerships, and other legal entities, this nonprofit cooperative maintains a traditional member-owned structure while delivering top-notch financial services through seven locations, as well as online banking, bill pay, mobile banking, point-of-sale, and ATM transactions. The Sacramento Credit Union's mission is to provide prompt, competitive, and quality consumer financial services to its members in a friendly, professional, and prudent manner.
Official website here: www.sactocu.org
Is Sacramento Credit Union legitimate?
Sacramento Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Sacramento 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: $688,297
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,156,140
For more financial information, click here
Official website here: www.sactocu.org
What is the mission statement of Sacramento Credit Union?
Sacramento Credit Union's mission is to offer prompt, competitive, and high-quality financial services to its members in a friendly, professional, and prudent manner. Established in 1935, the credit union is a cooperative serving over 26,000 members across various counties. Comprised of individuals, corporations, partnerships, and other legal entities, the credit union adheres to the principles of a traditional member-owned cooperative while providing superior financial services. With seven locations and various convenient payment options such as online banking, bill pay, mobile banking, point-of-sale, and ATM transactions, the credit union aims to meet the diverse financial needs of its members.
Official website here: www.sactocu.org
Who is the CEO of Sacramento Credit Union?
Bhavnesh Makin is the President/Chief Executive Officer of Sacramento Credit Union. The CEO's salary of Sacramento Credit Union is $423,522 and their total compensation is $457,656.
Official website here: www.sactocu.org
What is the revenue of Sacramento Credit Union?
Who are the executives of Sacramento Credit Union and what are their salaries?
The average compensation at Sacramento Credit Union during 2022 was $58,107. There are 135 employees and 12 volunteers at Sacramento Credit Union.
Here are 14 key members and their salaries (Sacramento Credit Union's CEO's salary is $423,522 and their total compensation is $457,656):
- Tarik Eldin (Director Investment Services)
- Bhavnesh Makin (President/Chief Executive Officer)
- Michael Hastings (Financial Advisor)
- Glenda Kaiser (Chief Financial Officer)
- Brian Cotton (Vp Digital Banking & Contact Center)
- Kenneth Zeleny (Director Of Information Technology)
- Aletha Hickey (Vp Human Resources)
- Aron Brewer (Secretary/Treasurer) [Trustee/Director]
- Les Brown (Chair) [Trustee/Director]
- Mary Ann Carrasco (Director)
- Linda Foster-Hall (Former Director)
- Judy Mcgarry (Director)
- Willie L Southward Iii (Vice Chair) [Trustee/Director]
- Kristin Van Gaasbeck (Director)
Official website here: www.sactocu.org
Where can I find the form 990 for Sacramento Credit Union?
The Sacramento Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.sactocu.org
Learn more at the official website: www.sactocu.org
Mission Statement of Sacramento Credit Union
Sacramento Credit Union, a member-owned cooperative established in 1935, is dedicated to providing prompt, competitive, and quality consumer financial services to its members in a friendly, professional, and prudent manner. The credit union, which is incorporated under Section 14100 of the Credit Union Division of the State of California Department of Business Oversight, serves over 26,000 individuals across Sacramento, El Dorado, Placer, Solano, Sutter, Yolo, and Yuba counties. With a focus on superior financial services, Sacramento Credit Union maintains the standards of a traditional cooperative while offering convenient access through seven locations and various online banking services like bill pay, mobile banking, point-of-sale transactions, and ATM transactions. By providing a range of financial solutions, Sacramento Credit Union aims to meet the diverse needs of its members, fostering financial stability and growth for each household.
Impact
This information is meant to be a general summary of Sacramento Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Sacramento Credit Union has a significant impact in the community by providing prompt, competitive, and quality consumer financial services to its members. Established in 1935, the credit union serves over 26,000 members across multiple counties in California. By maintaining the standards of a traditional member-owned cooperative, Sacramento Credit Union offers superior financial services at various locations and through online banking, bill pay, mobile banking, point-of-sale, and ATM transactions. The credit union's mission is to serve its members in a friendly, professional, and prudent manner, emphasizing public benefit as a key focus.
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.
NET LOAN PORTFOLIO
Revenue
$12,873,749
OTHER INCOME
Revenue
$5,134,632
FEE INCOME
Revenue
$1,661,185
Organization Details
Founding Year
1935
Phone
(916) 444-6070
Principal Officer
Bhavnesh Makin
Main Address
PO BOX 2351, SACRAMENTO, CA, 958122351
Website
www.sactocu.org
NTEE Category
Code: W61 - Public benefit
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