EIN 95-1209332

Use Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
215
Year formed
1936
Most recent tax filings
2022-12-01
Description
USE Credit Union is a not-for-profit financial co-operative committed to values-based banking so they can help their members and local communities thrive financially, socially and environmentally.
Related structure
Use Credit Union is child organization, under the parent exemption from Credit Unions in the State of California.
Also known as...
University and State Employees Credit Union; Credit Unions in the State of
Total revenues
$46,015,710
2022
Total expenses
$42,732,849
2022
Total assets
$1,240,251,202
2022
Num. employees
215
2022

Program areas at Use Credit Union

Effective october 28, 2022, university & state employees Credit Union changed its name to Blupeak Credit Union. Membership in Blupeak Credit Union provides access to a robust array of quality financial services and products including checking and savings accounts. Unlike banks, which return their profits to shareholders, Blupeak Credit Union returns its profits to members in the form of higher rates on deposits and a host of free and low-cost services. As of december 31, 2022, members held 70,814 deposit accounts totaling over $1,102 million. These accounts included free checking, low-balance savings, ira's, and high-yield money market and term investment accounts.
Since 1936, Blupeak Credit Union ("Blupeak") has been helping people achieve their most important financial goals. As one of California's largest Credit unions, Blupeak offers full-service banking including free and low-cost e-services. Members can manage their personal finances anytime, anywhere with telephone, online and wireless internet banking. As an additional convenience, Blupeak offers billpay services to members with qualifying checking accounts at no cost. Each month, approximately 32,000 members utilize the e-services available 24 hours per day. In addition, Blupeak has partnered with other Credit unions to form the co-op atm network. This network provides members access to approximately 30,000 no-fee atm's throughout the united states, including locations at popular retailers.
As a member-owned, not-for-profit cooperative, Blupeak Credit Union ("Blupeak") is dedicated to providing the financial products and services members need at every stage of life. Whether it's buying a first car, financing a new home, or seeking a higher education, Blupeak offers members low-cost home, vehicle, and personal loans, as well as, free financial seminars to assist them in making sound financial choices. As of december 31, 2022, Blupeak members held 15,945 mortgage, home equity, vehicle, and various other personal loans totaling over $859 million.
Additional Blupeak Credit Union membership benefits include: 1) professional brokerage and investment services, 2) tax preparation services, 3) money-saving auto, home, health and life insurance programs, 4) free financial education seminars, and 5) merchant, recreation and travel discounts.

Personnel at Use Credit Union

NameTitleCompensation
Todd TharpPresident and Chief Executive Officer$670,005
Matthew LyonsExecutive Vice President and Chief Operating Officer / Senior Vice President and Chief Lending Officer$506,283
Margarita GuerraSenior Vice President and Chief Financial Officer and Secretary$301,430
Amber FielderSenior Vice President and Chief Marketing Officer$283,030
James CreedVice President of Operations and Payments$165,583
...and 15 more key personnel

Financials for Use Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$38,152,384
Investment income and dividends$6,415,549
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-437,198
Net gain from sale of non-inventory assets$1,884,975
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$46,015,710

Form 990s for Use Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-10990View PDF
2020-122021-10-18990View PDF
2018-122020-01-15990View PDF
2017-122019-02-21990View PDF
...and 8 more Form 990s

Organizations like Use Credit Union

OrganizationLocationRevenue
Provident Credit UnionRedwood City, CA$112,950,041
San Mateo Credit Union (SMCU)Redwood City, CA$70,068,460
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
KeyPoint Credit Union (KPCU)San Jose, CA$69,312,506
Travis Credit UnionVacaville, CA$193,300,043
Premierone Credit UnionSan Jose, CA$20,460,473
Financial Partners Credit UnionDowney, CA$83,728,887
Data update history
January 24, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 24, 2024
Updated personnel
Identified 5 new personnel
January 3, 2024
Used new vendors
Identified 3 new vendors, including , , and
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 9, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
Provides scholarships
General information
Address
10120 Pacific Blvd 100
San Diego, CA 92121
Metro area
San Diego-Chula Vista-Carlsbad, CA
Website URL
blupeak.com/ 
Phone
(866) 873-4968
Facebook page
USECreditUnion 
Twitter profile
@usecreditunion 
IRS details
EIN
95-1209332
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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