Program areas at Members 1st Credit Union
General service to our members: the deliver channels include five branch locations where staff are fully trained and available to provide services related to loan and deposit transactions. All branches include ATM access. A financial planner is available to advise members at no charge. The credit union services approximately 24,000 members. The corporate office houses a call center, website staff, and other key employees whose jobs revolve around keeping the credit union operations safe and secure. The credit union strives to be great value to its members. Products are competitively priced and many transactions can be conducted on the credit union's website or mobile app 24 hours per day, 7 days per week.
Deposit Services: Extending competitive savings rates to our members enables the credit union to grow, reward savers, have accessible funds to lend to borrowers, and fulfill our cooperative principle mission. Multiple types of individual retirement accounts are offered to serve the membership into the future.
Lending program: Members 1st Credit Union first began lending to its members in 1936. We have a successful track record of helping community members establish credit and we also offer rates that are a good value. Expenses associated with lending include staff members and other cost generally associated with operating an office.
Personnel at Members 1st Credit Union
Name | Title | Compensation | Date of data |
---|
Caroline Redmann | Chief Executive Officer | $286,580 | 2023-12-31 |
Dean Birge | Chief Financial Officer | $202,368 | 2024-05-16 |
Megan Littler | Vice President Operations | $126,088 | 2023-12-31 |
Joshua Markle | Vice President Marketing | $140,601 | 2023-12-31 |
Noel Stratton | Vice President It | $141,840 | 2023-12-31 |
...and 3 more key personnel |
Financials for Members 1st Credit Union
Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
---|
Total grants, contributions, etc. | $0 | $0 | - |
Program services | $13,294,740 | $11,470,128 | 15.9% |
Investment income and dividends | $1,015,738 | $745,429 | 36.3% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $125,183 | $134,711 | -7.1% |
Net gain from sale of non-inventory assets | $-4,361 | $-8,412 | 48.2% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $323,896 | $236,952 | 36.7% |
Total revenues | $14,755,196 | $12,578,808 | 17.3% |
Organizations like Members 1st Credit Union
Organization | Type | Location | Revenue |
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Siskiyou Central Credit Union | 501(c)(14) | Yreka, CA | $8,064,853 |
North Bay Credit Union | 501(c)(14) | Santa Rosa, CA | $10,601,574 |
Evangelical Christian Credit Union | 501(c)(14) | Brea, CA | $32,611,638 |
Commonwealth Central Credit Union | 501(c)(14) | San Jose, CA | $34,445,169 |
CAHP Credit Unions (CAHPCU) | 501(c)(14) | Sacramento, CA | $21,111,349 |
America's Christian Credit Union | 501(c)(14) | Glendora, CA | $34,130,272 |
Usc Credit Union | 501(c)(14) | Los Angeles, CA | $30,542,999 |
Premierone Credit Union | 501(c)(14) | San Jose, CA | $27,652,598 |
SF Police Credit Union (SFPCU) | 501(c)(14) | San Bruno, CA | $41,496,817 |
KeyPoint Credit Union (KPCU) | 501(c)(14) | San Jose, CA | $69,312,506 |
Data update history
August 12, 2024
Updated personnel
Identified 3 new personnel
July 18, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 1, 2023
Updated personnel
Identified 6 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
Memberships
General information
- Address
- 4710 Mountain Lakes Blvd
- Redding, CA 96003
- Metro area
- Redding, CA
- County
- Shasta County, CA
- Website URL
- m1cu.org//Â
- Phone
- (530) 222-6060
- Facebook page
- members1stcuÂ
- Twitter profile
- @members1stcuÂ
IRS details
- EIN
- 94-0362026
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1936
- 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
- Child within group exemption
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