Central Willamette Credit Union Union

Organization Overview

Central Willamette Credit Union Union, operating under the name Na, is located in Albany, OR. As of 12/2021, Na employed 125 individuals. Na is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2021, Na generated $21.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $15.5m during the year ending 12/2021. While expenses have increased by 5.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FINANCIAL PRODUCTS AND SERVICES TO OUR MEMBERSHIP.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CENTRAL WILLAMETTE CREDIT UNION SERVICES 31,950 MEMBERS OF OUR COMMUNITY WITH DIVERSE FINANCIAL PRODUCTS AND SERVICES. DURING THE YEAR WE GRANTED A TOTAL OF 8,855 LOANS WORTH $144,349,464 TO OUR MEMBERS. WE HAVE A TOTAL LOAN PORTFOLIO OF 17,007 LOANS WORTH $297,614,137. THE CREDIT UNION MAINTAINS 62,263 DEPOSIT ACCOUNTS FOR OUR MEMBERS WORTH $427,105,848. THE CREDIT UNION EMPLOYS 94 INDIVIDUALS FROM OUR COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Stacie Wyss-Schoenborn
CEO
$345,774
Joey Rudisill
Cio
$174,130
Rachel Wolfe
COO
$170,615
Amanda Grolemund
Cmo
$151,735
Dewayne Ledbetter
CFO (beg 7/1/21)
$134,555
Grady Corr
Information Security Offic
$129,449

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Q2 Software
Online And Mobile Banking Service
$452,223
Pscu
Credit And Debit Card Processor
$993,008
Alpine Marketing
Marketing/advertising
$263,800
Haberfield Direct
Member Acquisition Consultant
$211,331
Amazon Web Service Inc
Cloud Data Storage
$253,211
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$18,767,901
Investment income $936,208
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $37,079
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $21,128,813

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Central Willamette Credit Union Union has recieved totaling $10,000.

Awarding OrganizationAmount
Northwest Credit Union Foundation

Seatac, WA

PURPOSE: RURAL ACCESS PLANNING GRANT

$10,000
View Grant Recipient Profile

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