Keypoint Credit Union
Only null% goes to programs Strong reserves
Keypoint Credit Union is a 501(c)(14) organization based in San Jose, California, registered in 1961, with $80,303,046 in FY2024 revenue. CharityIndex grades it A.
2150 Trade Zone Blvd Ste 200, San Jose, CA, 95131 EIN 94-2600376 Since 1961
Revenue (FY2024)
$80.3M
▲ 5.8% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$76.3M
Net assets
$115.8M
Employees
201
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Keypoint Credit Union— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating18 mo reserves · +5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Keypoint Credit Union: 18 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Keypoint Credit Union: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Keypoint Credit Union: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
A cooperative organized for the purpose of promoting thrift and savings among its members.
What they do
Accomplishment of target goals in member growth (acquisition of new members).
Member satisfaction in connection with services pertaining to checking/savings accounts, attractive cd rates, ira and money market accounts.
Contact & location
- Address
- 2150 Trade Zone Blvd Ste 200, San Jose, CA, 95131
- City
- San Jose
- State
- California
- Category
- Public & Societal Benefit
- Subcategory
- Financial Institutions
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $34.3M (FY2013) to $80.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.5BNet assets $115.8M
Operating margin
5.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.6B
Total liabilities
$1.5B
Net assets
$115.8M
Salaries & benefits
$26.4M
35% of expenses
Board members
10
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $80,303,046▲5.8% | $76,254,114▲8.2% | $115,798,838▲6.5% | $1,602,390,335▼4.6% | 990 |
| 2023 | $75,923,809▲9.5% | $70,460,546▲12.7% | $108,769,835▼7.2% | $1,679,667,006▼7.0% | 990 |
| 2022 | $69,312,506▼12.6% | $62,512,294▲21.5% | $117,211,825▼13.6% | $1,806,959,309▲10.2% | 990 |
| 2021 | $79,301,836▲54.6% | $51,441,704▲5.3% | $135,712,576▲18.9% | $1,639,289,410▲9.5% | 990 |
| 2020 | $51,308,722▼8.4% | $48,833,778▼6.9% | $114,133,364▲4.9% | $1,496,633,127▲15.5% | 990 |
| 2019 | $55,987,067▼6.8% | $52,479,549▲0.6% | $108,779,752▲7.0% | $1,295,433,092▲0.6% | 990 |
| 2018 | $60,051,027▲22.8% | $52,144,189▲18.6% | $101,666,176▲7.3% | $1,287,458,904▲7.2% | 990 |
| 2017 | $48,882,984▲9.3% | $43,974,852▲20.1% | $94,777,963▲4.9% | $1,200,503,152▲12.1% | 990 |
| 2016 | $44,715,217▲6.5% | $36,614,401▲2.7% | $90,335,436▲7.5% | $1,070,888,231▲6.3% | 990 |
| 2015 | $41,967,037▲5.7% | $35,657,021▲7.0% | $84,036,239▲7.3% | $1,007,159,964▲7.2% | 990 |
| 2014 | $39,703,126▲15.8% | $33,338,726▲11.2% | $78,301,601▲13.2% | $939,225,533▲8.5% | 990 |
| 2013 | $34,287,647 | $29,980,008▼2.1% | $69,172,879▲3.3% | $865,890,206▲10.2% | 990 |
| 2012 | — | $30,611,383▼8.8% | $66,988,341▲3.1% | $785,628,360▲4.5% | 990 |
| 2011 | — | $33,581,027▼6.9% | $64,982,713▲5.7% | $751,916,749▲1.7% | 990 |
| 2010 | — | $36,086,555 | $61,490,756 | $739,233,904 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: T Bradford Canfield — $891,320 (1.17% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| T Bradford Canfield | President & Ceo | 50 | $891,320 |
| David Luu | Evp/chief Op & Lending Officer | 50 | $471,346 |
| Natasha V Escareno | Financial Advisor | 50 | $409,834 |
| Lee Anne Giblin | Chief Administrative Offic | 50 | $403,090 |
| Andrew Manning | Chief Information Officer | 50 | $385,928 |
| Annie Song | Chief Financial Officer | 50 | $337,488 |
| Marsha Berlinski | Svp Sales & Retail Lending | 50 | $284,072 |
| Herman White | Vp Commercial Banking Oper | 50 | $260,258 |
| Arie Elkins | Vp Chief Info Security Off | 50 | $245,491 |
| Phuoc Ngo | Director It Infrastructure | 40 | $244,920 |
| Joshua Herzog | Vp Operations and Member E | 50 | $232,601 |
| Victor Smilgys | Vp Digital Services | 50 | $230,554 |
| Lawrence Scoffield | Vp Corporate Admin | 50 | $220,877 |
| Dashiell Mcelroy | Director of Core Solutions | 40 | $216,536 |
| Anita Domondon | Vp Re Lending | 50 | $208,539 |
| David Greene | Vp Marketing | 50 | $201,104 |
| Doron Noyman | Vp, Bd & Community Relatio | 50 | $199,902 |
| Lance Nelson | Director of Loan Servicing | 40 | $196,749 |
| Sarah Sotelo | Director of Retail Program | 40 | $192,627 |
| Andrea Siciliano | Director (thru 04/25/24) | 5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Fiserv Inc | Core System Servicing | $1,672,527 |
| Visa | Debit Card Processing | $947,361 |
| Lumin Digital Inc | Online & Mobile Banking Platform | $876,591 |
| First Data Merchant Services Corporation | Credit / Debit Card Payment Services | $429,056 |
| Lending Solutions | Business Services | $354,575 |
Grants made · $68K in FY2024
5 grants totaling $68K in FY2024. All grants made by Keypoint Credit Union →
| Recipient | Purpose | Amount |
|---|---|---|
| Homefirst Services of Santa Clara County | Donation | $25,000 |
| Girls On the Run of Silicon Valley Incorporated | Sponsorship | $15,000 |
| San Francisco Zoological Society | Sponsorship | $10,000 |
| Alzheimers Disease and Related Disorders Association Inc | Sponsorship | $10,000 |
| All Star Group | Sponsorship | $8,075 |
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Compare Keypoint Credit Union
Frequently asked questions
- Is Keypoint Credit Union a legitimate nonprofit?
- Yes. Keypoint Credit Union is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 94-2600376, based in San Jose, California.
- What is Keypoint Credit Union's EIN?
- Keypoint Credit Union's Employer Identification Number (EIN) is 94-2600376.
- How much revenue does Keypoint Credit Union report?
- Keypoint Credit Union reported $80,303,046 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Keypoint Credit Union have?
- CharityIndex grades Keypoint Credit Union A, based on financial health (reserves and operating margin).
- How much does Keypoint Credit Union's highest-paid employee make?
- The highest reported compensation on Keypoint Credit Union's latest Form 990 is $891,320, paid to T Bradford Canfield (President & Ceo).
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Data for Keypoint Credit Union (EIN 94-2600376) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.