Public nonprofit profile

VALLEY STATE EMPLOYEES CREDIT UNION

SAGINAW, MI · EIN 38-1538668

What this organization reports

Mission and public details

PROVIDE FINANCIAL SERVICES and PRODUCTS to MEMBERS. VALLEY STATE CREDIT UNION (VSCU) WAS PLACED INTO CONSERVATORSHIP BY THE STATE of MICHIGAN, DEPARTMENT of INSURANCE and FINANCIAL SERVICES ON AUGUST 17, 2016 DUE to UNSAFE and UNSOUND PRACTICES. THE STATE of MICHIGAN DEPARTMENT of INSURANCE and FINANCIAL SERVICES SUBSEQUENTLY APPOINTED THE NATIONAL CREDIT UNION ADMINISTRATION AS CONSERVATOR ON NOVEMBER 9, 2016. AS CONSERVATOR, NCUA is WORKING to RESOLVE UNSAFE and UNSOUND OPERATING CONDITIONS AT THE CREDIT UNION. THE VSCU BOARD of DIRECTORS and THE CEO, STANLEY HAYES, WAS DISMISSED ON AUGUST 17, 2016 AFTER THE MICHIGAN DEPARTMENT of INSURANCE and FINANCIAL SERVICES CONSERVED VSCU.

Organization: VALLEY STATE EMPLOYEES CREDIT UNION
EIN: 38-1538668
Address: 2686 MCLEOD DRIVE, SAGINAW, MI, 48603
County: Saginaw
Organization website: Visit website

Public filing snapshot

Financial information at a glance.

These figures reflect the latest values available in CharityEZ’s public record and may not represent the current year.

$19,817,961reported assets

$864,993reported revenue

$2,927,064reported expenses

$0reported contributions

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Data note: This profile organizes public nonprofit and IRS filing information for general research. It is not legal, tax, financial, or eligibility advice. Confirm current information with the organization and official sources.