EIN 42-0807884

Public Employees Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
5
State
Year formed
1952
Most recent tax filings
2023-12-01
Description
Public Employees Credit Union exists to provide good rates on loans and savings to its members. The Credit Union consistently offers some of the lowest loan rates available, while maintaining the lowest charge off totals and delinquency ratios in the state and nation. Our members benefit greatly from our services, as we are not a community credit union.
Total revenues
$1,136,516
2023
Total expenses
$1,094,188
2023
Total assets
$35,120,226
2023
Num. employees
5
2023

Program areas at Public Employees Credit Union

The Credit Union consistently has some of the lowest loan rates offered. The Credit Union also has the lowest charge off totals and delinquency ratios in the state and nation.public Employees Credit Union is not a community Credit Union. Our members benefit from this in many ways. The Credit Union offers payroll deduction into savings accounts and for loan payments from most of the employer groups. The Credit Union does not have advertising costs many community Credit unions have.the Credit Union offers competitive share, share draft, and certificates rates. Total members served was approximately 1890 during the 2023 tax year.

Personnel at Public Employees Credit Union

NameTitleCompensation
Lisa CarloChief Executive Officer$94,183
Paul HutingChairperson$0
Bonetta CulpSecretary$0
Jane WagnerPresident$0
Eric ThorsonVice Chairperson$0
...and 1 more key personnel

Financials for Public Employees Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$598,327
Investment income and dividends$476,873
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$61,316
Total revenues$1,136,516

Form 990s for Public Employees Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-31990View PDF
2022-122023-07-07990View PDF
2021-122022-06-01990View PDF
2020-122021-05-28990View PDF
2019-122020-12-14990View PDF
...and 10 more Form 990s
Data update history
February 25, 2024
Posted financials
Added Form 990 for fiscal year 2022
August 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 6, 2023
Updated personnel
Identified 3 new personnel
November 30, 2022
Posted financials
Added Form 990 for fiscal year 2020
April 24, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unions
Issues
No issues found
Characteristics
State / local level
General information
Address
624 Franklin St PO Box 120
Waterloo, IA 50704
Metro area
Waterloo-Cedar Falls, IA
County
Black Hawk County, IA
Website URL
publicemployeescu.com/ 
Phone
(319) 291-4375
IRS details
EIN
42-0807884
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1952
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Independent
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