Overview
What is Coasthills Credit Union?
Coasthills Credit Union, established in 1958, is a local financial institution based in Santa Maria, California, serving over 75,000 members in Ventura, Santa Barbara, San Luis Obispo, Monterey, and Santa Cruz Counties. Their primary mission is to enhance the financial well-being of Central Coast families by offering lower-fee and better-rate loan and deposit products compared to most banks. By focusing on the unique needs of their community, they provide superior customer service to help members achieve their financial goals. With a team of 399 employees, Coasthills Credit Union aims to understand and cater to the distinct financial context of the Central Coast.
Official website here: www.coasthills.coop
Is Coasthills Credit Union legitimate?
Coasthills Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Coasthills 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: $3,631,077
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,294,924
For more financial information, click here
Official website here: www.coasthills.coop
What is the mission statement of Coasthills Credit Union?
Coasthills Credit Union is dedicated to assisting its members in achieving their financial goals by providing them with a range of financial products and exceptional customer service. The organization's mission goes beyond offering cookie-cutter solutions; instead, it aims to understand the unique financial needs of its members and tailor its offerings accordingly. The credit union's local focus allows it to provide a more personalized approach to banking, distinguishing it from larger national banks. Coasthills Credit Union prides itself on its ability to connect with its members on a deeper level and provide banking solutions that fit their specific circumstances.
Official website here: www.coasthills.coop
Who is the CEO of Coasthills Credit Union?
Paul C Cook is the Ceo/President of Coasthills Credit Union. The CEO's salary of Coasthills Credit Union is $663,540 and their total compensation is $714,705.
Official website here: www.coasthills.coop
What is the revenue of Coasthills Credit Union?
Coasthills Credit Union's revenue in 2022 was $76,854,403.
Official website here: www.coasthills.coop
Who are the executives of Coasthills Credit Union and what are their salaries?
The average compensation at Coasthills Credit Union during 2022 was $59,965. There are 399 employees and 17 volunteers at Coasthills Credit Union.
Here are 24 key members and their salaries (Coasthills Credit Union's CEO's salary is $663,540 and their total compensation is $714,705):
- Paul C Cook (Ceo/President)
- Bruce A Altheide (Chief Wealth Officer)
- James Ledford (Chief Lending Officer)
- Pamela Rasmussen (Chief Risk Officer)
- David L Salm (Chief Administrative Officer)
- Catherine Amundson (Svp Branches & Compliance)
- Timothy Jensen (Evp, Chief Financial Officer)
- Daniel Walls (Chief Credit Officer)
- Cheryl Garnsey (Svp Human Resources)
- Scott Olson (Svp Chief Data Officer)
- Scott T Doi (Svp Member Experience)
- Dimitri Dristas (Vp Senior Commerical Lending Officer)
- Jay Pimentel (Chief Legal Counsel)
- Kristopher L Andrews (Chairman) [Trustee/Director]
- Homero Contreras (Vice Chairman) [Trustee/Director]
- Jeremy Moreno (Treasurer) [Trustee/Director]
- Lee Volker Cox (Treasurer (Thru 03/2022)) [Trustee/Director]
- Bernard E Jones (Secretary) [Trustee/Director]
- R Bruce Coggin (Director)
- Arthur C Scheithaur Jr (Director)
- Earl Murray (Director)
- William H Anders (Director)
- Jeanne Piper (Director)
- Hugh J Rafferty (Director)
Official website here: www.coasthills.coop
Where can I find the form 990 for Coasthills Credit Union?
The Coasthills Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.coasthills.coop
Learn more at the official website: www.coasthills.coop
Mission Statement of Coasthills Credit Union
Coasthills Credit Union, a financial institution dedicated to its members, is committed to providing them with financial products and exceptional customer service. The organization's mission is to help members achieve their financial goals by understanding their unique needs, a perspective that sets it apart from a national bank. Coasthills Credit Union believes in serving its community in a way that resonates with its members' Central Coast lifestyle. By putting members' money into a context that goes beyond cookie-cutter solutions, the credit union builds trust and confidence. Coasthills Credit Union's approach to banking ensures that it genuinely understands the distinct financial requirements of its members and offers customized services to meet their needs. This local perspective enables Coasthills Credit Union to provide a more personalized banking experience, setting it apart from larger, national institutions.
Impact
This information is meant to be a general summary of Coasthills Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Coasthills Credit Union positively impacts the Central Coast community by serving over 75,000 members in Ventura, Santa Barbara, San Luis Obispo, Monterey, and Santa Cruz counties since 1958. The credit union provides financial products and superior customer service to help individuals achieve their financial goals. Coasthills Credit Union offers loan and deposit products with lower fees and better rates compared to most banks, aiming to improve the financial well-being of Central Coast families. Operating in Santa Maria, CA, their mission is to bank the Central Coast way, understanding the unique financial needs of the community and offering personalized solutions.
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 TO MEMBERS
Revenue
$55,296,584
INTERCHANGE INCOME
Revenue
$6,638,263
FEES AND CHARGES
Revenue
$3,937,674
COURTESY PAY PROGRAM FEES
Revenue
$2,624,895
OTHER NONINTEREST INCOME
Revenue
$2,445,278
Organization Details
Founding Year
1958
Phone
(805) 733-7600
Principal Officer
Paul C Cook
Main Address
1075 E BETTERAVIA, SANTA MARIA, CA, 93454
Website
www.coasthills.coop
NTEE Category
Code: W60 - Public benefit
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