NonprofitsSacramento Credit Union

Public & Societal Benefit

Sacramento Credit Union

SACRAMENTO, CA

Total revenue

$39.3M

Total expenses

$29.9M

Net assets

$110.5M

Grants received

EIN

941530642

Tax year

2024

Mission

To provide prompt, competitive, quality consumer financial services to our members.

Programs

2 programs

Sacramento credit union (the credit union) offers a wide range of competitively priced consumer loan products to help members with financing for vehicles and first mortgages. Financing is also available in the form of secured and unsecured lines of credit. Regarding the latter, the credit union offers visa platinum credit cards both with and without the popular rewards feature. The credit union also offers commercial real estate loans and sba loans.

Sacramento credit union offers a broad range of deposit products to assist members in managing cash flow and saving for the future. Insured to at least $250,000 and backed by the full faith and credit of the federal government, savings opportunities include the following competively priced accounts: regular, vacation club, holiday, ira, money market, regular and rewards checking, and certificates of deposit. Savings is made convenient via direct deposit of pay checks as well as any other recurring source of cash inflow. Through online, mobile or telephone banking, members can easily transfer funds between savings accounts or make payment on loans. Also available are investment services provided by certified in-house financial advisors.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$27.8M
Investment income$11.5M
Other revenue$21K
Total revenue$39.3M

Expenses

Grants paid
Salaries & benefits$10.0M
Fundraising
Other expenses$19.9M
Total expenses$29.9M
Total assets$760.1M
Net assets$110.5M

People

14 listed

NameRoleCompensation

BHAVNESH MAKIN

PRESIDENT/CHIEF EXECUTIVE OFFICER

Board

$487K

40 hrs/wk

GLENDA KAISER

CHIEF FINANCIAL OFFICER

Board

$229K

40 hrs/wk

WILLIE SOUTHWARD III

VICE CHAIR

Board

1 hrs/wk

JUDY MCGARRY

DIRECTOR

Board

1 hrs/wk

HERMAN LI

DIRECTOR

Board

1 hrs/wk

ROSS HUGGINS

DIRECTOR

Board

1 hrs/wk

JIM CULLETON

DIRECTOR

Board

1 hrs/wk

LES BROWN

CHAIR

Board

1 hrs/wk

ARON BREWER

SECRETARY/TREASURER

Board

1 hrs/wk

TARIK ELDIN

DIRECTOR INVESTMENT SERVICES

Staff

$894K

40 hrs/wk

MICHAEL HASTINGS

FINANCIAL ADVISOR

Staff

$232K

40 hrs/wk

JULIE SHEPHERD

VP LENDING

Staff

$190K

40 hrs/wk

KARL GOIN

VP MARKETING

Staff

$168K

40 hrs/wk

ALETHA HICKEY

VP HUMAN RESOURCES

Staff

$154K

40 hrs/wk

Independent contractors

JACK HENRY & ASSOCIATES INC

CARD PROCESSOR & DATA PROCESSING

$921K

NCR CORPORATION

ONLINE/MOBILE BANKING PROVIDER

$272K

COOK SOLUTIONS GROUP

ATM SERVICER

$266K

RSM US LLP

CPA

$181K

MERIDIAN LINK

LOAN AND NEW ACCOUNTS PLATFORM

$164K

Details

EIN941530642
NTEE codeW61
Subsection14
Ruling date1961-09
Formed1935
Employees124
Volunteers12
SACRAMENTO CREDIT UNION — Mission, Financials & Grants Received | Grantivo