EIN 94-0362026

Members 1st Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
85
Year formed
1936
Most recent tax filings
2022-12-01
Description
Members 1st Credit Union provides convenient and relevant financial services to help members achieve their goals and dreams. Staff at our four branch locations are fully trained and available to provide services related to loan and deposit transactions, as well as access to ATMs. Our successful lending program, which began in 1936, helps community members establish credit and offers competitive rates. We also carefully manage expenses associated with lending.
Related structure
Members 1st Credit Union is child organization, under the parent exemption from Credit Unions in the State of California.
Total revenues
$12,578,808
2022
Total expenses
$10,309,174
2022
Total assets
$328,864,768
2022
Num. employees
85
2022

Program areas at Members 1st Credit Union

General service to our members: the deliver channels include four branch locations where staff are fully trained and available to provide services related to loan and deposit transactions. All branches include ATM access. A financial planner is available to advise members at no charge. The credit union services approximately 22,000 members. The corporate office houses a call center, website staff, and other key employees whose jobs revolve around keeping the credit union operations safe and secure. The credit union strives to be great value to its members. Products are competitively priced and many transactions can be conducted on the credit union's website or mobile app 24 hours per day, 7 days per week.
Deposit Services: Extending competitive savings rates to our members enables the credit union to grow, reward savers, have accessible funds to lend to borrowers, and fulfill our cooperative principle mission. Multiple types of individual retirement accounts are offered to serve the membership into the future.
Lending program: Members 1st Credit Union first began lending to its members in 1936. We have a successful track record of helping community members establish credit and we also offer rates that are a good value. Expenses associated with lending include staff members and other cost generally associated with operating an office.

Personnel at Members 1st Credit Union

NameTitleCompensation
Caroline RedmannChief Executive Officer$233,827
Dean BirgeChief Financial Officer$184,187
Megan LittlerVice President Operations$126,313
Joshua MarkleVice President Marketing$118,450
Noel StrattonVice President It$139,450
...and 6 more key personnel

Financials for Members 1st Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$11,470,128
Investment income and dividends$745,429
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$134,711
Net gain from sale of non-inventory assets$-8,412
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$236,952
Total revenues$12,578,808

Form 990s for Members 1st Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-04-21990View PDF
2021-122022-08-17990View PDF
2020-122021-04-30990View PDF
2019-122021-06-30990View PDF
2019-122021-04-27990OView PDF
...and 11 more Form 990s

Organizations like Members 1st Credit Union

OrganizationLocationRevenue
Community First Credit UnionSanta Rosa, CA$36,766,136
North Bay Credit UnionSanta Rosa, CA$10,151,971
Usc Credit UnionLos Angeles, CA$21,672,643
Community First Credit UnionSanta Rosa, CA$10,316,635
Commonwealth Central Credit UnionSan Jose, CA$26,354,115
CAHP Credit Unions (CAHPCU)Sacramento, CA$16,407,458
America's Christian Credit UnionGlendora, CA$26,929,371
Visterra Credit UnionMoreno Valley, CA$17,489,863
Premierone Credit UnionSan Jose, CA$20,460,473
Valley Oak Credit UnionThree Rivers, CA$3,336,376
Data update history
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 1, 2023
Updated personnel
Identified 6 new personnel
May 17, 2023
Updated personnel
Identified 3 new personnel
April 13, 2022
Updated personnel
Identified 5 new personnel
April 8, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
Memberships
General information
Address
4710 Mountain Lakes Blvd
Redding, CA 96003
Metro area
Redding, CA
County
Shasta County, CA
Website URL
m1cu.org// 
Phone
(530) 222-6060
Facebook page
members1stcu 
Twitter profile
@members1stcu 
IRS details
EIN
94-0362026
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1936
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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