MUTUAL SECURITY CREDIT UNION INC
12 PROGRESS DRIVE, SHELTON, CT 068514333 mscu.net

Total Revenue
$15,788,404
Total Expenses
$14,559,242
Net Assets
$23,749,635

Organizations Filed Purposes: WE ARE COMMITTED TO ENSURING A FUTURE OF GREATER WELL-BEING FOR WESTERN CONNECTICUT. WE BELIEVE THAT WITH FINANCIAL LITERACY, HEALTH AND WELLNESS, A SAFE PLACE TO CALL HOME, AND A SUSTAINABLE ENVIRONMENT WE CAN CREATE PROSPERITY AND SUCCESS FOR EVERYONE'S WELL-BEING IN OUR COMMUNITIES.

THE MISSION OF MUTUAL SECURITY CREDIT UNION (MSCU) IS TO PROMOTE THE ECONOMIC WELL BEING OF ITS MEMBERS BY PROVIDING A BROAD RANGE OF INNOVATIVE FINANCIAL PRODUCTS. THESE PROGRAMS WILL BE ADMINISTERED IN A PERSONALIZED ENVIRONMENT BY A PROFESSIONAL STAFF AND DEDICATED VOLUNTEERS. MSCU OFFERS MEMBERS VARIOUS CONSUMER LOAN PRODUCTS (PERSONAL, AUTO, 1ST & 2ND MORTGAGES, HOME EQUITY LINES OF CREDIT, SMART ENERGY LOANS, VISA CREDIT CARDS).MSCU ALSO OFFERS MEMBERS VISA CHECK/DEBIT CARDS AS WELL AS VARIOUS SAVINGS, CERTIFICATES & CHECKING ACCOUNTS

MSCU OFFERS MEMBERS VARIOUS CONSUMER LOAN PRODUCTS (PERSONAL LOANS, AUTO LOANS, MORTGAGES - 1ST, 2ND AND HOME EQUITY LINES OF CREDIT, SMART-ENERGY LOANS). NEW LOANS ISSUED IN 2019: PERSONAL LOANS = 510, NEW & USED AUTO LOANS = 1,867, 1ST, 2ND & HELOCS = 191, SMART-ENERGY LOANS = 61.

MSCU OFFERS MEMBERS OUR VISA CREDIT CARDS AND VISA CHECK CARD (DEBIT CARD). NEW VISA ACCOUNTS ISSUED IN 2019 = 308.

MSCU OFFERS MEMBERS OUR VARIOUS CHECKING ACCOUNT PROGRAMS. NEW CHECKING ACCOUNTS OPENED IN 2019 = 503.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Larry F HoldermanCEO EMERITAS45$199,972
Henry BaumCEO45$187,168
Stephen J OsowieckiCFO45$157,187
Michael AugustiVP RETAIL AND MARKETING45$134,443
Ann NankervisVP HR & COMPLIANCE45$122,970
Robert J BastaDIRECTOR5$0
Ken DeckerTREASURER5$0
Robert LubusSECRETARY5$0
Robert MaragesVICE CHAIR5$0
Bruce M LikelyCHAIR5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023229349302157_public.xml