Educators Credit Union

Educators Credit Union Overview

Educators Credit Union is located in Mt Pleasant, WI. As of 12/2019, Educators Credit Union employed 646 individuals.

For the year ending 12/2019, Educators Credit Union generated $128.4m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $102.3m during the year ending 12/2019. While expenses have increased by 11.0% per year over the past 5 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.

Since 2015, Educators Credit Union has awarded 79 individual grants totaling $1,274,358. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

PASSIONATELY HELP PEOPLE BY EDUCATING AND ADVISING TO EARN THEIR LOYALTY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LENDING - PROVIDE BUSINESS AND CONSUMER LOANS AND LEASES WITH BALANCES OF $1,789,003,649


SAVING - PROVIDE SAVING, CHECKING, CDS, IRAS, AND MONEY MARKET ACCOUNT WITH BALANCES OF $1,862,942,579.


WE HAVE OVER 198,000 MEMBERS AND FOCUS ON EDUCATING THEM IN OUR BRANCHES AS WELL AS THROUGH COMMUNITY ACTIVITIES.


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Educators Credit Union Board, Officers & Key Employees

Name (title)Compensation
Linda Hoover
CEO & President
$510,625
Kurt Johnson
CFO
$285,342
Michael Mikkelson
Cio
$234,421
James Henderson
Cao
$185,887
Shannon Huot
Sr VP Marketing
$155,338
Glenn Brusky
VP Of Facilities
$147,630

Educators Credit Union Vendors

Vendor Name (Service)Compensation
Alkami Technology Inc
Online Banking Services
$2,033,581
Jack Henry & Associates Inc
Core System Provider
$788,708
Avoka Usa Inc
Online Account Opening Software
$815,297
Infoimage
Statement Services
$961,338
Strategic Resource Management
Contract Negotiation Consultant
$1,429,554
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$119,304,788
Investment income $9,024,755
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $129,062
Net Gain/Loss on Asset Sales -$393,925
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $128,384,550

Educators Credit Union Grants Awarded

Over the last fiscal year, Educators Credit Union has awarded $310,376 in support to 16 organizations.

Grant RecipientAmount

JUNIOR ACHIEVEMENT

Org PageRecipient Profile

Colorado Springs, CO

PURPOSE: GENERAL SUPPORT

$100,000

Milwaukee, WI

PURPOSE: GENERAL SUPPORT

$68,000

UNITED WAY RACINE COUNTY

Org PageRecipient Profile

Racine, WI

PURPOSE: GENERAL SUPPORT

$32,212

ALL SAINTS FOUNDATION

Org PageRecipient Profile

Dallas, TX

PURPOSE: GENERAL SUPPORT

$20,000

UNITED WAY OF GREATER MILWAUKEE

Org PageRecipient Profile

Milwaukee, WI

PURPOSE: GENERAL SUPPORT

$13,089

Racine, WI

PURPOSE: GENERAL SUPPORT

$11,100
View Grant Profile

Educators Credit Union Peer Organizations

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