Organizations Filed Purposes:
A friendly comprehensive response to the personal financial needs of all our members.
Financial Institution offering deposit and loan accounts to members. Eligible members come from select employee groups and their family members.
Bay Cities Credit Union is a member owned financial Cooperative. Members deposit money into various deposit accounts such as savings, checking, money market, IRAs and Certificates of deposit. The credit union then lends these funds to other members for provident and productive purposes. These loans are either unsecured (like VISA) or secured by motor vehicle or real estate. The money earned is from interest on these loans. Funds that are not used to fund loans are invested in government securities or federally insured deposits in other financial institutions. The credit union earns additional income by collecting fees on deposit products (such as overdrawn and NSF fess) and late charges on loans. Income is also earned when we sell credit insurance and auto insurance products to members who have loans with the Credit Union.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Georgette Munoz | CEO | 37.5 | $125,316 |
| Michelle Hoeffner | VicePresident Member Services | 37.5 | $78,419 |
| Gregory Mailho | Member | 1 | $0 |
| Scott Van Der Leith | Treasurer | 1 | $0 |
| Norman Weisbrod | Secratory | 1 | $0 |
| Robert Maginnis | Vice President | 1 | $0 |
| Thomas Higgenbottom | President | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/201731359349313778_public.xml