Overview
What is Keypoint Credit Union?
Keypoint Credit Union is a cooperative financial institution based in San Jose, California, specifically located at 2150 Trade Zone Boulevard, with a mission to promote savings and thrift among its members. Established to create a source of credit and offer competitive interest rates, the credit union has grown its loan portfolio by originating consumer and mortgage loans. With a total of 235 employees, it provides opportunities for members to manage their own money democratically, striving to enhance their economic and social conditions. As a cooperative, Keypoint Credit Union operates for the mutual benefit and general welfare of its members, distributing earnings or services back to them as patronage.
Official website here: www.kpcu.com
Is Keypoint Credit Union legitimate?
Keypoint Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Keypoint 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: $5,972,290
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,585,929
For more financial information, click here
Official website here: www.kpcu.com
What is the mission statement of Keypoint Credit Union?
Keypoint Credit Union is a cooperative financial institution established to encourage savings and thrift among its members. Its primary goal is to provide competitive interest rates on loans and offer members the opportunity to manage their own funds in a democratic manner. By doing so, the credit union aims to enhance the economic and social conditions of its members. As a cooperative, Keypoint Credit Union operates for the mutual benefit of its members, with earnings and services being distributed back to them.
Official website here: www.kpcu.com
Who is the CEO of Keypoint Credit Union?
T Bradford Canfield is the President & Ceo of Keypoint Credit Union. The CEO's salary of Keypoint Credit Union is $1,062,742 and their total compensation is $1,100,208.
Official website here: www.kpcu.com
What is the revenue of Keypoint Credit Union?
Who are the executives of Keypoint Credit Union and what are their salaries?
The average compensation at Keypoint Credit Union during 2022 was $95,992. There are 235 employees and 11 volunteers at Keypoint Credit Union.
Here are 30 key members and their salaries (Keypoint Credit Union's CEO's salary is $1,062,742 and their total compensation is $1,100,208):
- T Bradford Canfield (President & Ceo)
- Vi Luu (Chief Operating And Lending)
- Andrew Manning (Chief Information Officer)
- Leeanne Giblin (Chief Administrative Officer)
- Steven Weiler (Svp Commercial Banking)
- Douglas Schrock (Vp Finance)
- Trent Mcilhaney (Chief Financial Officer (Thru 08/22))
- Marsha Berlinski (Svp Sales & Retail Lending)
- Lawrence Scoffield (Vp Corporate Admin)
- Raul Nieves Jr (Sr Mortgage Loan Officer)
- Arie Elkins (Chief Information Security)
- Joshua Herzog (Vp Operations And Member Experience)
- Herman White (Dir. Comm Banking Ops)
- Eatan Vijan (Financial Advisor)
- Victor Smilgys (Vp It E-Service)
- Doron Noyman (Vp Sales And Development)
- David Greene (Vp Marketing)
- Phuoc Ngo (Director It Infrastructure)
- Gina Cordero (Mortgage Loan Manager)
- Anita Domondon (Vp Re Lending)
- Kevin Son (Sr Mortgage Loan Officer)
- Marsha Poenish (Chairperson) [Trustee/Director]
- Gary Garcia (Vice Chairperson) [Trustee/Director]
- Keith Stattenfield (Treasurer And Secretary) [Trustee/Director]
- Robert Lerner (Director)
- Gregory Eby (Director)
- John Tom (Director)
- Baljinder Sandhu (Director)
- Mary Bennion (Director)
- Brice Harrison (Director)
Official website here: www.kpcu.com
Where can I find the form 990 for Keypoint Credit Union?
The Keypoint Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.kpcu.com
Learn more at the official website: www.kpcu.com
Mission Statement of Keypoint Credit Union
Keypoint Credit Union, a cooperative organization, is dedicated to fostering a culture of savings and thrift among its members. By pooling their resources together, members can benefit from competitive interest rates on loans and have the opportunity to manage their own money in a democratic manner. This democratic structure allows the credit union to operate for the mutual benefit and general welfare of its members.
Keypoint Credit Union's ultimate goal is to improve the economic and social conditions of its members. By providing a source of credit and promoting savings, the credit union empowers its members to take control of their financial future. As a cooperative, the earnings, savings, benefits, or services of the credit union are distributed back to its members as patronage. This unique business model ensures that the credit union operates with its members' best interests at heart.
In summary, Keypoint Credit Union is more than just a financial institution. It is a cooperative that exists to promote thrift and savings, provide competitive financing options, and give its members a democratic voice in their financial future. Through its member-focused approach, the credit union strives to help its members improve their economic and social conditions.
Impact
This information is meant to be a general summary of Keypoint Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Keypoint Credit Union's impact lies in its commitment to promoting thrift and savings among its members while offering competitive loan services. By fostering a cooperative environment, Keypoint Credit Union empowers its members to improve their economic and social conditions through democratic control over their finances. Additionally, the credit union contributes to the general welfare of its members by distributing earnings, savings, and benefits back to them as patrons. Through its mission-driven approach, Keypoint Credit Union plays a crucial role in enhancing the financial well-being of individuals in San Jose, CA, and beyond.
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
$47,908,925
FEE INCOME
Revenue
$3,665,670
INTERCHANGE INCOME
Revenue
$3,029,731
GAIN ON SALE OF LOANS
Revenue
$2,519,579
LOAN SERVICING INCOME
Revenue
$1,335,380
Organization Details
Founding Year
1979
Phone
(408) 731-4100
Principal Officer
T Bradford Canfield
Main Address
2150 TRADE ZONE BOULEVARD, SAN JOSE, CA, 95131
Website
www.kpcu.com
NTEE Category
Code: W60 - Public benefit
If you are a representative of Keypoint 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.