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LANDINGS CREDIT UNION

TEMPE, AZ · EIN 860133773 · Form 990 · FY2022 · Large ($10M-$50M) · www.landingscu.org
revenue
$10.3M
expenses
$8.5M
net assets
$249.4M
employees
76
volunteers
13
program ratio
0%
mission · from form 990

LANDINGS CREDIT UNION IS A COOPERATIVE, NON-PROFIT ASSOCIATION WHICH IS INCORPORATED WITH THE PROVISIONS OF THE ARIZONA STATUTES AND REGULATIONS, FOR THE PURPOSE OF PROVIDING FINANCIAL AND RELATED SERVICES TO ITS MEMBERS.

profile · synthesized from sources

Landings Credit Union is a financial institution that provides banking services, loans, and financial education to its members. With over 70 years of experience, it aims to offer personalized financial solutions to help individuals achieve their financial goals. The credit union serves communities in Arizona.

named programs · 2 · from sources

what they call their work

Buy Now, Pay Later
A service for checking account holders to get extra funds for purchases and split payments over time, without a credit check or application.
Financial Cents Blog
An online resource providing articles and advice on smart money moves, youth and teen financial education, and fraud and consumer protection.
activities · 9 groups

what they do

  • Digital Banking and Payment Services 7 activities
    • Offer digital banking and payment solutions
      Provides online banking and a mobile application for account management, bill payments, and fund transfers. Supports contactless mobile payments through Apple Pay, Google Pay, Samsung Pay, and Microsoft Pay.
    • Offer digital banking and payment solutions
      Provides online banking and a mobile application for account management, bill payments, fund transfers, and remote check deposits. Supports contactless mobile payments through Apple Pay, Google Pay, Samsung Pay, and Microsoft Pay.
    • Offer digital banking and payment solutions
      Provides online banking and a mobile application for account management, bill payments, fund transfers, and remote check deposits. Supports digital wallet payments (Apple Pay, Google Pay, Samsung Pay, Microsoft Pay) for contactless transactions.
    • Provide digital and mobile banking services
      Offers a mobile app and online banking platform enabling users to check balances, view transaction history, deposit checks remotely, transfer funds, pay bills, set alerts, deactivate cards, and apply for loans.
    • Provide digital banking and payment solutions
      Operates a mobile application and online banking services allowing users to manage accounts, view transactions, apply for loans, deposit checks remotely, pay bills, transfer funds, and set up alerts. The organization also supports digital wallet payments through Apple Pay, Google Pay, Samsung Pay, and Microsoft Pay.
    • Provide digital banking services
      Offers online and mobile banking services, allowing users to manage accounts, view transactions, apply for loans, deposit checks remotely, set up alerts, pay bills, transfer funds, and access eStatements. Supports digital wallet payments through Apple Pay, Google Pay, Samsung Pay, and Microsoft Pay.
    • Support digital wallet integration
      Enables contactless mobile payments through Apple Pay, Google Pay, Samsung Pay, and Microsoft Pay, allowing users to add their Landings Visa Debit Card to digital wallets using a mobile device.
  • Youth Financial Literacy Education 6 activities
    • Deliver financial literacy education
      Provides financial education to teens and offers classes to members to enhance their financial literacy and money management skills.
    • Deliver financial literacy education
      Provides financial education classes and resources for teens and members to support informed money management and broader financial literacy.
    • Provide financial literacy education
      Offers financial education to teens and holds classes for members to improve their financial literacy and money management skills, including educating first-time car buyers.
    • Provide financial literacy education
      Offers financial education to teens and holds classes for members to improve financial literacy and money management skills.
    • Provide financial literacy education
      Offers financial education to teens and holds classes for members to teach them about financial literacy and money management.
    • Provide financial literacy education
      Offers financial education to teens and holds classes for members to improve financial literacy and navigate money management decisions, including educating first-time car buyers on the auto loan process.
  • Peer Counseling for Older Adults 6 activities
    • Offer Buy Now, Pay Later (BNPL) financing
      Provides Buy Now, Pay Later financing to checking account holders for eligible purchases, with funds deposited quickly and options for early repayment.
    • Offer Buy Now, Pay Later (BNPL) financing
      Provides Buy Now, Pay Later financing to checking account holders for eligible purchases, depositing funds quickly and allowing early repayment through online banking or in-branch.
    • Offer Buy Now, Pay Later (BNPL) financing
      Provides Buy Now, Pay Later financing to checking account holders for eligible purchases, depositing funds into checking accounts quickly after offer acceptance. Members can also repay BNPL plans early through online banking or in-branch.
    • Offer Buy Now, Pay Later (BNPL) financing
      Provides Buy Now, Pay Later financing to checking account holders for eligible purchases, with funds deposited into accounts shortly after acceptance and options for early repayment via online banking or in-branch.
    • Offer Buy Now, Pay Later (BNPL) financing
      Provides Buy Now, Pay Later financing to checking account holders for eligible purchases, depositing funds into accounts shortly after offer acceptance. Members can also repay BNPL plans early through online banking or in-branch.
    • Offer Buy Now, Pay Later (BNPL) financing
      Provides Buy Now, Pay Later financing to checking account holders for eligible purchases, depositing funds quickly and allowing early repayment.
  • Credit Union Financial Services 6 activities
    • Offer personal and business banking accounts
      Provides savings and checking accounts for personal and business use, along with credit cards and loan products.
    • Process consumer and business loan applications
      Offers personal, auto, and home refinancing loans with fast application processing—sometimes approving within 30 minutes—and provides guidance on auto loans, refinancing, and first-time car buying.
    • Provide banking and lending services
      Offers a range of financial products including savings and checking accounts for personal and business use, auto loans, personal loans, and credit cards. This includes processing loan applications quickly, assisting with auto and home refinancing, and educating first-time car buyers.
    • Provide banking and lending services
      Offers a range of financial products including savings and checking accounts for personal and business use, auto loans, personal loans, and credit cards. This includes processing loan applications, assisting with auto and home refinancing, and educating first-time car buyers.
    • Provide loan and refinancing services
      Assists members with opening business accounts, applying for various loans, and refinancing auto and home loans, often reducing interest rates and providing guidance through the process. Processes loan applications quickly.
    • Provide loan and refinancing services
      Assists members with opening business accounts, applying for auto loans, and refinancing auto and home loans, often reducing interest rates and providing guidance through the process. Processes loan applications quickly.
  • Credit Union Branch Operations 6 activities
    • Operate physical branch and ATM network
      Operates full-service branches in Tempe, Chandler, and Gilbert, each offering shared branching services and 24-hour drive-thru or on-site ATMs.
    • Operate physical branches and ATMs
      Operates full-service branches in Tempe, Chandler, and Gilbert, including shared branching outlets. The organization also provides 24-hour ATM access at these locations, with drive-thru ATMs available at the Chandler and Gilbert branches.
    • Operate physical branches and ATMs
      Operates full-service branches in Tempe, Chandler, and Gilbert, along with 24-hour ATMs at these locations, including drive-thru ATMs. The branches also serve as shared branching outlets.
    • Provide banking services
      Operates full-service branches in Tempe, Chandler, and Gilbert, along with shared branching outlets and 24-hour ATMs. Offers personal and business savings and checking accounts, auto loans, personal loans, and credit cards.
    • Provide banking services
      Operates full-service branches in Tempe, Chandler, and Gilbert, offering savings and checking accounts for personal and business use, as well as auto loans, personal loans, and credit cards. This includes 24-hour ATM access at all branches and shared branching outlets.
    • Provide banking services
      Operates full-service branches in Tempe, Chandler, and Gilbert, along with shared branching outlets and 24-hour ATMs. Offers personal and business savings and checking accounts, auto loans, personal loans, and credit cards.
  • Member Directory and Group Enrollment Services 3 activities
    • Administer membership eligibility and referral program
      Offers membership to employees and students of Arizona educational institutions, employees of Select Employer Groups, and allows current members to sponsor friends through a refer-a-friend program.
    • Offer credit union membership
      Provides membership to employees, students, and family members of Arizona schools, colleges, and universities, as well as individuals employed at Select Employer Groups in Arizona. Current members can also sponsor friends for membership.
    • Offer credit union membership
      Provides membership to employees, students, and family members of Arizona schools, colleges, and universities, as well as individuals employed at Select Employer Groups in Arizona. Current members can also sponsor friends for membership.
  • Community Facility Access & Operations 1 activity
    • Manage branch operating hours and closures
      Observes early closures on holidays, including closing at noon on Christmas Eve and at 3pm on New Year’s Eve.
  • Multi-Channel Utility Payment Processing 1 activity
    • Provide eStatements and digital record access
      Offers eStatements with up to two years of statement history for accounts and credit cards, allowing users to download, print, and review digital financial records.
  • Uncategorized 1 activity
    • Provide loan services and refinancing
      Assists members with opening business accounts, applying for personal and auto loans, and refinancing auto and home loans, often reducing interest rates and providing guidance through the process, including for first-time car buyers. Loan applications are processed quickly.
financials · form 990 · fy2022
revenue
Total revenue$10.32M
Contributions & grants$00%
Program service revenue$8.82M85%
Investment income$1.48M14%
Other revenue$15K
expenses
Total expenses$8.51M
Program expenses0%
Admin / overhead0%
Fundraising0%
Salaries & benefits$4.74M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$253.11M
Cash$1.29M
Investments$80.53M
Liabilities$3.72M
Net assets$249.40M
Liquid reserves115.4 mo
3 years on record · 2020–2022 · YoY revenue +19.5%
leadership · form 990 part vii · fy2022

who runs it

paid leadership · 15
NameTitleHours/wkCompensation
BRIAN LEE PRESIDENTCEO 40 $293K
RICHARD LANDIS WEALTH MANAGEMENT ADVISOR 40 $221K
WILLIAM CONTI VPCHIEF LENDING OFFICER 40 $169K
CECILIA ASHE VPCHIEF OPERATIONS OFFICER 40 $155K
ADRIANNE REXIUS VPCHIEF HUMAN RESOURCES OFFI 40 $139K
NETTIE DUARTE-MAYO VPCHIEF FINANCIAL OFFICER 40 $116K
KAREN BARTON VPCHIEF ADMINISTRATIVE OFFIC 30 $101K
WILLIAM HEGEBUSH BOARD CHAIRPERSON 2 $2K
BARBARA LLOYD BOARD DIRECTOR 1 $1K
ERIC EMMERT BOARD DIRECTOR 1 $1K
WILLIAM HONAKER BOARD SECRETARY 1 $1K
JAMES BROWN FORMER BOARD DIRECTOR 1 $800
ROBERT LIZARDI FORMER BOARD TREASURER 1 $600
CAROL POLCYN BOARD MEMBER 1 $200
TAYLOR PINEDA BOARD TREASURER 1 $200
board members · 1
  • COREY WOODS — BOARD VICE CHAIRPERSON
relationships · 12

who they work with

  • Apple Pay Partner — Integration partner enabling contactless payments through Apple devices.
  • Apple Pay Partner — Offers Apple Pay as a digital wallet option for members.
  • Auto House Dealership Partner — Recommended Jessica W. at Landings Credit Union to a member for financial assistance.
  • CO-OP Network — Participates in the CO-OP network for shared branching and ATM access
  • CO-OP Network — Provides a locator for CO-OP ATMs and Shared Branches.
  • CO-OP Financial Services Network — Participates in the CO-OP network to provide shared branching and ATM access.
  • Google Pay Partner — Integration partner enabling contactless payments through Android devices.
  • Google Pay Partner — Offers Google Pay as a digital wallet option for members.
  • Microsoft Pay Partner — Integration partner enabling contactless payments and digital storage of membership cards through Microsoft services.
  • Microsoft Pay Partner — Offers Microsoft Pay as a digital wallet option for members.
  • Samsung Pay Partner — Integration partner enabling contactless payments through Samsung devices.
  • Samsung Pay Partner — Offers Samsung Pay as a digital wallet option for members.