NonprofitsCitizens Equity First Credit Union

Public & Societal Benefit

Citizens Equity First Credit Union

PEORIA, IL

Total revenue

$499.9M

Total expenses

$438.6M

Net assets

$880.4M

Grants received

EIN

376028123

Tax year

2024

Mission

Provide quality service and products to improve the financial well being of members.

Programs

2 programs

Continued to provide a wide variety of savings products with low fees and competitive rates. Paid dividends totaling 36% of revenues including a $55 million extraordinary dividend divided between borrowers and savers.

Provided a full range of mortgage, consumer, and business loans to members and member owned businesses. Granted nearly $1.7 billion in consumer loans, over $373 million in mortgage loans, and over $70 million to member owned businesses.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$376.7M
Investment income$122.6M
Other revenue$546K
Total revenue$499.9M

Expenses

Grants paid
Salaries & benefits$108.4M
Fundraising
Other expenses$150.1M
Total expenses$438.6M
Total assets$7.9B
Net assets$880.4M

People

24 listed

NameRoleCompensation

MATTHEW J MAMER

PRESIDENT-TREASURER

Board

$777K

50 hrs/wk

KEVIN D SCHNEIDER

CHIEF LEGAL COUNSEL

Board

$407K

50 hrs/wk

TIMOTHY I DUNTON

CHIEF DELIVERY OFFICER

Board

$381K

50 hrs/wk

MARK A HOFFMIRE

CHIEF OPERATIONS OFFICER

Board

$365K

50 hrs/wk

ALYCIA D HIGHTOWER

CHIEF PEOPLE OFFICER

Board

$337K

50 hrs/wk

WYATT S WOLVEN

CHIEF FINANCIAL OFFICER

Board

$335K

50 hrs/wk

DIANNA L HUNTER

CHIEF OPERATIONS OFFICER

Board

$292K

50 hrs/wk

KAVITA SACHDEV

SECRETARY

Board

$5K

4 hrs/wk

ROBERT M METZINGER

BOARD MEMBER

Board

$2K

3 hrs/wk

SEAN D SCRANTON

BOARD MEMBER

Board

$2K

3 hrs/wk

ANGEL G MARTINEZ

BOARD MEMBER

Board

$1K

3 hrs/wk

TIMOTHY R BRUNTON

VICE CHAIRMAN

Board

3 hrs/wk

ERIC J RAHN

VICE CHAIRMAN

Board

3 hrs/wk

JENNIFER T STRICKLAND

VICE CHAIRMAN

Board

3 hrs/wk

MATTHEW D JOLIFF

BOARD MEMBER

Board

3 hrs/wk

JOSEPH R NEEDHAM

CHAIRMAN

Board

3 hrs/wk

JADA A HOERR

BOARD MEMBER

Board

3 hrs/wk

BILLY J FRANK

BOARD MEMBER

Board

3 hrs/wk

TODD W BRYANT

BOARD MEMBER

Board

3 hrs/wk

PEDRO DIAZ

VICE PRESIDENT

Staff

$286K

50 hrs/wk

TODD R HALLER

SENIOR VICE PRESIDENT

Staff

$284K

50 hrs/wk

THERESA A LAKE

VICE PRESIDENT

Staff

$253K

50 hrs/wk

DENISE GHERE

SENIOR VICE PRESIDENT

Staff

$248K

50 hrs/wk

RONALD ROUTH

VICE PRESIDENT

Staff

$244K

50 hrs/wk

Independent contractors

MASTERCARD

CREDIT CARDS

$5.1M

PSCU

CARD PROCESSING

$4.4M

Q2 SOFTWARE INC

ELECTRONIC BANKING SOLUTIONS

$4.2M

KELLY SCOTT AND MADISON INC

MARKETING

$3.6M

QUICKSILVER MAILING SERVICES

MAILING SERVICES

$2.7M

Details

EIN376028123
NTEE codeW61
Subsection14
Ruling date2001-10
Formed1937
Employees1211
Volunteers13
CITIZENS EQUITY FIRST CREDIT UNION — Mission, Financials & Grants Received | Grantivo