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
RSM Us LLPTax accounting; Audit accounting; Accounting (including auditing)$9,9852019-11-05
██████ ██████████ ███Data Processing$2,137,0572018-12-01
██████ ███Data Processing$3,115,8422018-12-01
█████ ██████ ███Advertising Agency$1,946,0282018-12-01
████████ ████████ ██████Printing and Postage$1,028,7552018-12-01
███ ███████ ███████Design Services$3,512,3582018-12-01
████████ ████ █████████Insurance2016-12-31
████████████ █████████ ███Investment advisory (plan)$90,7932016-12-31
...and 15 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)$57 millionCedar Rapids, IA
2Teachers Credit Union501(c)(14)$138 millionSouth Bend, IN
3Ent Credit Union501(c)(14)$244 millionColorado Springs, CO
4Sound Credit Union501(c)(14)$71 millionTacoma, WA
5Workers' Credit Union501(c)(14)$77 millionFitchburg, MA
6General Electric Credit Union501(c)(14)$103 millionCincinnati, OH
7Credit Union 1501(c)(14)$66 millionAnchorage, AK
8Associated Credit Union501(c)(14)$69 millionNorcross, GA
9Navigant Credit Union501(c)(14)$75 millionSmithfield, RI
10Metro Credit Union501(c)(14)$71 millionChelsea, MA
11Credit Unions Chartered in the State of Michigan - 48 Lake Michigan Credit Union501(c)(14)$284 millionGrand Rapids, MI
12Orange County's Credit Union501(c)(14)$66 millionSanta Ana, CA
13California Coast Credit Union501(c)(14)$107 millionSan Diego, CA
14HAPO Community Credit Union501(c)(14)$88 millionRichland, WA
15Safe Credit Union501(c)(14)$147 millionFolsom, CA
16Patelco Credit Union501(c)(14)$219 millionPleasanton, CA
17CoastHills Credit Union501(c)(14)$55 millionLompoc, CA
18First Entertainment Credit Union501(c)(14)$52 millionHollywood, CA
19TwinStar Credit Union501(c)(14)$80 millionOlympia, WA
20Georgia's Own Credit Union501(c)(14)$130 millionAtlanta, GA
21Royal Credit Union (RCU)501(c)(14)$115 millionEau Claire, WI
22Columbia Community Credit Union501(c)(14)$70 millionVancouver, WA
23Rivermark Community Credit Union501(c)(14)$51 millionBeaverton, OR
24Indiana Members Credit Union501(c)(14)$77 millionIndianapolis, IN
25Educators Credit Union (ECU)501(c)(14)$115 millionMT Pleasant, WI

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