EIN 03-0211361

Credit Union of Vermont

IRS 501(c) type
501(c)(14)
Num. employees
8
City
Rutland
State
Year formed
1958
Most recent tax filings
2023-12-01
Description
Credit Union of Vermont provides low cost financial services including loans and share-deposit services to its member-owners as a not-for-profit corporation owned by its members. It maintains 7,316 members' share and deposit accounts, which was rated as having the highest Return of Member value of any credit union in the nation as of March 2017 by Callahan & Associates. Additionally, the credit union maintains 2,239 members' loan accounts also rated as having the highest Return of Member value.
Total revenues
$3,890,169
2023
Total expenses
$3,119,036
2023
Total assets
$74,691,466
2023
Num. employees
8
2023

Program areas at Credit Union of Vermont

Maintenance of members' share and deposit accounts. Number of accounts is 7,601. The credit union was rated as having the highest Return of Member value of any credit union in the nation as of March 2017 by Callahan & Associates, a national rating service. It continues to be ranked highly compared to all other credit unions.
Maintenance of members' loan accounts. Number of accounts is 2,416. The credit union was rated as having the highest Return of Member value of any credit union in the nation as of March 2017 by Callahan & Associates, a national rating service. It continues to be ranked highly compared to all other credit unions.

Personnel at Credit Union of Vermont

NameTitleCompensation
Brian FoggChief Executive Officer$181,475
Jennifer TaylorChief Operating Officer$139,384
Bryan KentTreasurer , Board$0
Shirley McKirryherChair , Board$0
Catherine MilesSecretary , Board$0

Financials for Credit Union of Vermont

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$2,481,617
Investment income and dividends$1,377,072
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$31,480
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$0
Total revenues$3,890,169

Form 990s for Credit Union of Vermont

Fiscal year endingDate received by IRSFormPDF link
2023-122024-02-13990View PDF
2022-122023-03-24990View PDF
2021-122022-03-14990View PDF
2020-122021-06-30990View PDF
2019-122020-10-30990View PDF
...and 9 more Form 990s

Organizations like Credit Union of Vermont

OrganizationLocationRevenue
Bell West Community Credit UnionOak Lawn, IL$988,300
Tacoma Longshoremen Credit UnionTacoma, WA$2,687,551
Hidden River Credit UnionPottsville, PA$5,991,116
Laclede Community Credit UnionAlton, IL$2,905,277
Star Community Credit UnionRedding, CA$1,176,692
2 Rivers Area Credit UnionKankakee, IL$1,421,996
Central Wisconsin Credit UnionPlover, WI$1,889,512
Ashland Credit UnionAshland, KY$16,845,160
West Metro Schools Credit UnionHopkins, MN$1,884,691
Iron County Community Credit UnionHurley, WI$2,454,870
Data update history
May 22, 2024
Updated personnel
Identified 4 new personnel
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 26, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unions
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
2 S Main St
Rutland, VT 05701
County
Rutland County, VT
Website URL
cuvermont.coop/ 
Phone
(802) 773-0027
IRS details
EIN
03-0211361
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1958
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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