EIN 94-1231186

San Mateo Credit Union (SMCU)

IRS 501(c) type
501(c)(14)
Num. employees
252
Year formed
1952
Most recent tax filings
2022-12-01
Description
San Mateo Credit Union, a financial cooperative, will provide a wide range of valued financial products and services and give member-owners a feeling of personal identity and belonging as an owner.
Related structure
SMCU is child organization, under the parent exemption from Credit Unions in the State of California.
Total revenues
$70,068,460
2022
Total expenses
$51,836,419
2022
Total assets
$1,661,497,926
2022
Num. employees
252
2022

Program areas at SMCU

San Mateo Credit Union is a financial cooperative serving the communities within San Mateo county, city of palo alto and select neighborhoods in San francisco. We have seven branches throughout these geographical areas and a headquarters office located in redwood city, California. As of year-end 2022, we had 90,768 member-owners. We offer our members a wide array of retail financial products and services, and we provide financial education to youth and adults throughout the communities we serve. Smcu offers an array of consumer financial products, including residential real estate loans, automobile loans, secured and unsecured loans and Credit cards, as well as checking, savings and certificate of deposit accounts.

Grants made by SMCU

GranteeGrant descriptionAmount
National Credit Union FoundationAnnual Program Support$60,000
Children's Miracle Network Hospitals (CMN Hospitals)Wine Auction$26,450
San Mateo County Community Colleges FoundationSponsorships and Scholarships$16,300
...and 4 more grants made

Personnel at SMCU

NameTitleCompensation
Wade PainterChief Executive Officer and President / President and Chief Executive Officer$801,842
Valerie AlsipExecutive Vice President and Chief Operating Officer / Senior Vice President and Chief Operating Officer / Senior Vice President - Chief Operating Officer / Vice President - Lending and Operations$559,420
David DiamondVice President , Chief Financial Officer$401,435
Suzanne KnowltonVice President Marketing and Community Relations$215,497
Ignasio MedranoVice President Digital Services$283,909
...and 19 more key personnel

Financials for SMCU

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$59,827,484
Investment income and dividends$8,905,205
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,335,771
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$70,068,460

Form 990s for SMCU

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-06-25990View PDF
2018-122020-02-10990View PDF
...and 9 more Form 990s

Organizations like SMCU

OrganizationLocationRevenue
SF Fire Credit UnionSan Francisco, CA$62,656,925
LBS Financial Credit UnionWestminster, CA$64,266,960
Coast Central Credit UnionEureka, CA$66,591,892
SF Police Credit Union (SFPCU)San Bruno, CA$36,091,667
Premierone Credit UnionSan Jose, CA$20,460,473
Financial Partners Credit UnionDowney, CA$83,728,887
Sierra Central Credit UnionYuba City, CA$53,335,034
Safe Credit UnionFolsom, CA$183,102,902
Commonwealth Central Credit UnionSan Jose, CA$26,354,115
Firefighters First Credit UnionLos Angeles, CA$47,155,486
Data update history
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
June 26, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 3, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local levelProvides scholarships
General information
Address
350 Convention Way
Redwood City, CA 94063
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Mateo County, CA
Website URL
smcu.org/ 
Phone
(650) 363-1716
Facebook page
San-Mateo-Credit-Union 
Twitter profile
@smcu 
IRS details
EIN
94-1231186
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1952
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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