EIN 42-0804594

GreenState Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
1,025
State
Year formed
1938
Most recent tax filings
2023-12-01
Description
GreenState Credit Union promotes the financial well-being of residents in its communities by offering lending services that originate $895,160,068 of in-house consumer, real estate, and commercial loans in 2021. Additionally, it provides first mortgage loans totaling $1,670,477,577 which were sold on the securities market. The Credit Union also offers savings and deposit services to its members resulting in total deposits growing from $5,729,017,278 to $7,474,622,696 in 2021.
Also known as...
University of Iowa Community Credit Union
Total revenues
$577,564,645
2023
Total expenses
$662,235,089
2023
Total assets
$11,331,220,069
2023
Num. employees
1,025
2023

Program areas at GreenState Credit Union

GreenState Credit Union provides lending services with competative rates. The lending portfolio includes: - Mortgage loans including both first and second mortgages - Consumer loans including primarly auto loans and unsecured personal loans - Commercial Loans including both commercial real-estate and non-real-estate lending In 2023, the credit union originated $405 million of in-house mortgage loans; $1.15 billion of consumer and $202 million of Commercial loans. In addition, originated $1.48 billion in first mortgage loans which were sold on the secondary market.
GreenState also provides membership with avenues to transact business via channels such as ACH, wire, electronic funds transfer, ETC. In 2023, the credit union processed 69,710,234 Financial transactions for its members.
GreenState also provides opportunities for members to save for future needs in the form of Savings, Money Market, CDs while offering competitive rates on these funds. In 2023, deposits grew from $9.077 billion to $9.208 billion.

Grants made by GreenState Credit Union

GranteeGrant descriptionAmount
Greenstate FoundationVarious$1,600,000
The Foundation for the Iowa City Community School DistrictSchool of the Wild$83,333
Univ of Iowa Center for AdvancementUi Stead Family Children's Hospital: Extenuating Circumstances Fund$75,000
...and 139 more grants made totalling $3,174,132

Personnel at GreenState Credit Union

NameTitleCompensation
Jeffrey A DisterhoftPresident and Chief Executive Officer$2,038,821
Todd FanningInterim Chief Executive Officer$733,463
Katherine B CourtneyChief Operating Officer / Executive Vice President Operations$791,952
James F KellyChief Marketing Officer / Executive Vice President Marketing / Senior Vice President Marketing$538,718
Marsha L WolffChief Human Resources and Information Officer / Executive Vice President Human Resources and Information Technology$1,103,155
...and 13 more key personnel

Financials for GreenState Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$486,320,278
Investment income and dividends$40,433,522
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$363,501
Net gain from sale of non-inventory assets$-411,367
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$50,858,711
Total revenues$577,564,645

Form 990s for GreenState Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-11990View PDF
2020-122021-06-30990View PDF
2019-122021-04-28990OView PDF
2018-122019-10-12990View PDF
...and 10 more Form 990s
Data update history
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 12, 2024
Updated personnel
Identified 1 new personnel
December 29, 2023
Used new vendors
Identified 1 new vendor, including
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 7 new vendors, including , , , , , , and
Nonprofit Types
Grantmaking organizationsCredit unions
Issues
No issues found
Characteristics
State / local level
General information
Address
2355 Landon Rd
North Liberty, IA 52317
Metro area
Iowa City, IA
County
Johnson County, IA
Website URL
greenstate.org/ 
Phone
(319) 339-1000
IRS details
EIN
42-0804594
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1938
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
Independent
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