MARTINSVILLE DUPONT CREDIT UNION DBA VALLEYSTAR CREDIT UNION
P O BOX 5511, MARTINSVILLE, VA 24115 www.valleystar.org

Total Revenue
$26,310,935
Total Expenses
$23,736,125
Net Assets
$59,196,906

Organizations Filed Purposes: MARTINSVILLE DUPONT CREDIT UNION'S (DBA VALLEYSTAR CREDIT UNION) PRIMARY EXEMPT PURPOSE IS TO RETURN EXCESS EARNINGS TO ALL ITS MEMBERS IN THE FORM OF BETTER DEPOSIT/LOAN RATES AND LOWER FEES. VALLEYSTAR CREDIT UNION IS A MEMBER-OWNED FINANCIAL COOPERATIVE WHERE ALL MEMBERS BENEFIT EQUALLY, ALL MEMBERS HAVE AN EQUAL VOTE, AND ALL DIRECTORS AND OFFICIALS SERVE AS VOLUNTEERS.

MARTINSVILLE DUPONT CREDIT UNION'S (DBA VALLEYSTAR CREDIT UNION) PRIMARY EXEMPT PURPOSE IS TO RETURN EXCESS EARNINGS TO ALL ITS MEMBERS IN THE FORM OF BETTER DEPOSIT/LOAN RATES AND LOWER FEES.

PROGRAM SERVICE ACCOMPLISHMENTS INCLUDE LESS EXPENSIVE LOAN PRODUCTS RELATIVE TO OTHER FINANCIAL INSTITUTIONS, HIGHER DEPOSIT ACCOUNT RATES, LOWER FEES, STRONG COMMUNITY INVOLVEMENT BY VOLUNTEERS AND EMPLOYEES, AND FINANCIAL EDUCATION.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Delbert Lee MorganPRESIDENT/CEO40$382,993
Cathy P JohnsonSVP COO40$158,378
Tanya F JonesVP OF LENDING40$149,740
Kevin B LaineVP OF FACILITIES40$143,387
Justin BarnesVP COMMERCIAL LENDING40$122,759
Robert SparrowVP RISK MANAGEMENT40$109,365
William A ReynoldsVP STRATEGIC DEVELOPMENT40$100,935
Wesley D WilliamsVP IT40$100,149
Jeanne NewbyVP OF PEOPLE AND CULTURE40$97,825
Mendy ShafferVP OF ACCOUNTINNG40$93,762
Lisa LambrechtCFO40$81,725
Jennifer MurphyVP HOME LOAN AND SERVICING40$74,639
Mickey GarlandCMO40$64,760
Gloria D CauleyVP BRAND40$25,520
Tyel BanksSUPERVISORY COMMITTEE1$0
Richard L WoodSUPERVISORY COMMITTEE CHAIR1$0
Jason VippermanSUPERVISORY COMMITTEE1$0
Terry A YoungSUPERVISORY COMMITTEE CHAIR1$0
Cheri SpenceDIRECTOR1$0
James B RorrerDIRECTOR1$0
Betty Jo RayDIRECTOR1$0
Nancy S PhillipsDIRECTOR & SECRETARY1$0
Douglas W NunnDIRECTOR & CHAIRMAN1$0
G Steve IsleyDIRECTOR & TREASURER1$0
Norman W HillDIRECTOR1$0
Gregory W HillDIRECTOR & LEGISLATIVE REP1$0
Michael B BryantDIRECTOR1$0
David L DealDIRECTOR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202011919349300921_public.xml