PAINESVILLE CREDIT UNION
280 N CLAIR STREET, PAINESVILLE, OH 44077 www.painesvillecu.org

Total Revenue
$1,765,080
Total Expenses
$1,487,529
Net Assets
$3,953,546

Organizations Filed Purposes: TO PROMOTE THRIFT IN ITS MEMBERS BY PROVIDING LENDING, SAVINGS AND OTHER FINANCIAL SERVICES TO QUALIFIED MEMBERS.

OUR PRIMARY SERVICE IS LENDING, AND THE REVENUE THAT WE RECEIVE IS IN THE FORM OF INTEREST AND FEES ON LOANS. THE FUNDS THAT WE LOAN OUT ARE THOSE THAT HAVE BEEN DEPOSITED BY OUR MEMBERS, SO THE EXPENSES--THE COST OF THOSE FUNDS--ARE THE DIVIDENDS THAT WE PAY ON THESE DEPOSITS PLUS ANY INTEREST THAT WE PAY ON FUNDS THAT WE NEED TO BORROW.

WE ALSO OFFER SHARE DRAFT-CHECKING ACCOUNT WITH ATM CARDS. WE RECEIVE REVENUE FROM THE MEMBERS BY PROVIDING THESE SERVICES AND INCUR COSTS AS WELL.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Lori GuzziCEO50$122,021
Lynne KlineCOO40$113,892
Mike WilliamsBOARD MEMBER2$0
Tim MurphyBOARD MEMBER2$0
Rex BuchsBOARD MEMBER2$0
Dottie BentleyBOARD MEMBER2$0
David ShookVICE PRESIDENT3$0
Kenneth TakacsPRESIDENT5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201913179349304566_public.xml