Cause IQ organization profile

Veridian Credit Union

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Veridian Credit Union is a credit union based in Waterloo, IA that was founded in 1934. As of 2019 they had $201 million in revenue and $4.1 billion in assets.

Veridian Credit Union is a not-for-profit and owned by their members, not by stockholders. As a not-for-profit organization, Veridian's main objective is to benefit their members and their families.

EIN:
42-1132695
City:
State:
Website:
Phone:
(319) 236-5600
Founded:
1934
Type:
501(c)(14)
NTEE:
Revenue:
$201,526,798
Assets:
$4,142,827,269
Employees:
939
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at Veridian Credit Union

Veridian Credit Union served approximately 226,196 members at our convenient branch locations. Veridian Credit Union added 30,602 new memberships in 2018. Total loans and deposits at 12/31/2018 were 3,787,061,610 and 3,440,562,953 respectively.

Form 990s for Veridian Credit Union

Fiscal year endingDate received by IRSFormPDF link
2018-12Nov 5, 2019990View PDF
2017-12Dec 22, 2018990View PDF
2016-12Oct 19, 2017990OView PDF
2015-12Dec 21, 2016990OView PDF
2014-12Aug 11, 2015990OView PDF
...and five more Form 990 PDFs

Financials for Veridian Credit Union

Field2018
Total grants, contributions, etc.$0
Program services$165,565,748
Investment income and dividends$777,255
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$342,064
Net gain from sale of non-inventory assets$457,699
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$34,384,032
Total revenues$201,526,798

Vendors for Veridian Credit Union

VendorServicesAmount paidDate
Standard Insurance CompanyInsurance2019-12-31
█████ ██████ ██ ████Insurance2019-12-31
████████ ████████ ████ █████████ ███████Insurance2019-12-31
████████ ████ █████████ ███████Insurance2019-12-31
██████ ████████Insurance agent or broker$7,3252019-12-31
████████ █████ ██████ ███ ██████████Insurance agent or broker$17,4292019-12-31
████ █████████Insurance agent or broker$6,6592019-12-31
████████ █████ ██████ ███Insurance agent or broker$1,0222019-12-31
...and 11 more vendors

Personnel at Veridian Credit Union

NameTitleCompensationMost recent data
Monte BergPresident and Chief Executive Officer$568,093Nov. 25, 2019
Douglas GilbertsonChief Operations Officer$330,945Dec. 31, 2018
█████ █ █████Chief Financial Officer$282,160Nov. 5, 2019
█████ ███████████Chief Administration Officer$356,070Dec. 31, 2018
█████ ████████Senior Vice President of Information Technology$163,935Dec. 31, 2018
██████ ████Vice President of Talent Development$157,657Dec. 31, 2018
████ ██████████Senior Vice President of Retail$180,093Dec. 31, 2018
███████ ██████████Senior Vice President of Commercial Services$189,569Dec. 31, 2018
███████ ███████Senior Vice President of Legal$176,262Dec. 31, 2018
█████ ████████Manager of Mortgage Lending$176,912Dec. 31, 2018
...and seven more key personnel

Peer credit unions

 NameTypeRevenueLocation
1Collins Community Credit Union501(c)(14)$64 millionCedar Rapids, IA
2Interra Credit Union501(c)(14)$58 millionGoshen, IN
3Dow Chemical Employees' Credit Union (DCECU)501(c)(14)$50 millionMidland, MI
4KEMBA Financial Credit Union501(c)(14)$71 millionGahanna, OH
5American Eagle Financial Credit Union501(c)(14)$79 millionEast Hartford, CT
6DuPont Community Credit Union (DCCU)501(c)(14)$65 millionWaynesboro, VA
7Vantage West Credit Union501(c)(14)$104 millionTucson, AZ
8Arrowhead Credit Union501(c)(14)$67 millionRancho Cucamonga, CA
9Texans Credit Union501(c)(14)$60 millionRichardson, TX
10Technology Credit Union501(c)(14)$111 millionSan Jose, CA
11Premier America Credit Union501(c)(14)$101 millionChatsworth, CA
12Meritrust Credit Union501(c)(14)$75 millionWichita, KS
13Truwest Credit Union501(c)(14)$62 millionTempe, AZ
14Credit Unions in the State of Washington Boeing Employees Credit Union (BECU)501(c)(14)$861 millionTukwila, WA
15Wescom Credit Union501(c)(14)$200 millionPasadena, CA
16Deere Employees Credit Union501(c)(14)$51 millionMoline, IL
17Community First Credit Union501(c)(14)$126 millionNeenah, WI
18San Diego County Credit Union (SDCCU)501(c)(14)$332 millionSan Diego, CA
19Campus USA Credit Union501(c)(14)$87 millionJonesville, FL
20Delta Community Credit Union501(c)(14)$282 millionAtlanta, GA
21Verve a Credit Union501(c)(14)$53 millionOshkosh, WI
22Credit Union ONE (CUONE)501(c)(14)$59 millionFerndale, MI
23Landmark Credit Union501(c)(14)$191 millionNew Berlin, WI
24Suncoast Credit Union501(c)(14)$444 millionTampa, FL
25Wright-Patt Credit Union (WPCU)501(c)(14)$251 millionBeavercreek, OH