Organizations Filed Purposes:
TO PROVIDE AFFORDABLE FINANCIAL SERVICES TO ITS MEMBERS, INCLUDING LOAN RELATIONSHIPS, DEPOSITORY SERVICES, CREDIT CARDS AND INTERNET BANKING AT CONVENIENT LOCATIONS BY PROFESSIONALS WHO PROVIDE EXCELLENT SERVICE.
THE CREDIT UNION PROVIDED AFFORDABLE LOANS TO 1,762 INDIVIDUALS DURING THE YEAR. MANY OF THE INDIVIDUALS WOULD NOT HAVE BEEN ABLE TO OBTAIN SUCH LOANS FROM OTHER FINANCIAL INSTITUTIONS. IN ADDITION, THE CREDIT UNION PROVIDED DEPOSITORY AND SAVING SERVICES TO MEMBERS. THE CREDIT UNION'S MEMBERSHIP CONSISTS PRIMARILY OF STUDENTS, EDUCATORS, ALUMNI, AND RETIREES IN THE CITIES OF NEWPORT NEWS, WILLIAMSBURG, AND THE COUNTIES OF ISLE OF WIGHT, JAMES CITY, GLOUCESTER AND MATTHEWS, AND THEIR FAMILIES, AND INCLUDES MANY INDIVIDUALS NOT RECRUITED FOR SERVICES AT LARGER FINANCIAL INSTITUTIONS. IN 2012, THE CREDIT UNION WAS APPROVED BY THE NCUA AS "LOW INCOME," INCLUDING STUDENTS. VECU PROVIDED FREE FINANCIAL LITERACY TO STUDENTS (534), PTA MEMBERS, AND EDUCATORS WITHIN OUR FIELD OF MEMBERSHIP DURING THE YEAR.
THE CREDIT UNION PROVIDED AFFORDABLE LOANS TO 1,762 INDIVIDUALS DURING THE YEAR. MANY OF THESE INDIVIDUALS WOULD NOT HAVE BEEN ABLE TO OBTAIN SUCH LOANS FROM OTHER FINANCIAL INSTITUTIONS. IN ADDITION, THE CREDIT UNION PROVIDED DEPOSITORY SERVICES TO MEMBERS. THE CREDIT UNION PROVIDED FREE FINANCIAL LITERACY EDUCATION TO SEVERAL STUDENTS, PTA MEMBERS AND EDUCATORS DURING THE YEAR.
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 |
|---|
| Doretha Spells | Director | 0 | $0 |
| Carolyn Chittenden | Director | 0 | $0 |
| Dennis Jarrett | Director | 0 | $0 |
| Reginald Fox | Director | 0 | $0 |
| Dr Anne Edison | Vice Chairpersn | 0 | $0 |
| Eugene Johnson | Treasurer | 0 | $0 |
| Steven Kanehl | Secretary | 0 | $0 |
| Everette Hicks | Director | 0 | $0 |
| Tom Cline | Chairperson | 0 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202013159349302401_public.xml