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GreenState Credit Union

NORTH LIBERTY, IA EIN: 42-0804594 Website

GreenState Credit Union is a member-owned financial cooperative headquartered in North Liberty, Iowa. Founded in 1938, the organization has grown to serve over 400,000 members across Iowa, Illinois, Wisconsin, Nebraska, and South Dakota through 35 office locations. As a 501(c)(14) organization (a federal credit union), GreenState provides comprehensive financial services including checking, savings accounts, loans, credit cards, and mortgages to individuals and businesses.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.6B

-6.2% YoY

Revenue

$614.7M

+6.4% YoY

Net Investment Income

$69.4M

+73.4% YoY

Expenses

$594.5M

-10.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

GreenState's mission is to make profound impact in the lives of its members, empower employees to create endless opportunities, and enhance the vitality of communities by donating time, talents, and financial support.

The organization's grantmaking priorities include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Financial health and inclusion
  • Environment
  • Affordable housing
  • Elimination of prejudices and discrimination
  • Czech heritage education

Grantmaking

GreenState Credit Union distributes grants through both direct giving and its affiliated Greenstate Foundation.

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Geographic Focus

Where this funder awards grants

GreenState's grantmaking focuses primarily on Iowa and Illinois, reflecting its membership service area.

Grant Distribution by State

2states

Cities

AMESANKENYBETTENDORFCEDAR RAPIDSCORALVILLEDAVENPORTDES MOINESDUBUQUEFORT DODGEGRINNELLHIAWATHAIOWA CITYLISBONMARIONNORTH LIBERTYWASHINGTONWATERLOOWAUKEEWEST DES MOINES

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $10,631,477,748
  • Total Revenues: $614,727,208
  • Total Expenses: $594,501,781
  • Number of Employees: 1,038

Lending Activity (2024):

  • Mortgage loans originated: $2.1 billion
  • Consumer loans: $767 million
  • Commercial loans: $128 million
  • Member deposits grew: $107 million
  • Financial transactions processed: 75.8 million

Greenstate Foundation (2023):

  • Total Revenues: $1,603,866
  • Total Expenses: $1,489,637
  • Total Assets: $154,547
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$182M$364M$546M$728M20202021202220232024
Metric202420232022
Total Assets$10,631,477,748$11,331,220,069$11,278,583,077
Revenue$614,727,208$577,564,645$499,617,400
Expenses$594,501,781$662,235,089$457,912,805
Qualifying Distributions
Net Investment Income$69,401,174$40,022,155$13,735,708
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$401K$803K$1M$2M101 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

50 grants across all recorded years

49<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

3 open opportunities from GreenState Credit Union

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Virginia Blair serves as Principal Officer of GreenState Credit Union.

Compensation Overview

From 2024 IRS filing

Todd Fanning Left 05…Interim CEO$942KDaryn PetersonVP/Mortgage Lending$827KVikram IsraniChief Executive Officer$699KEric NormanVP/Mortgage Lending$639KKatherine CourtneyChief Experience & Operating…$627KPeter JohnsonVP/Mortgage Loan Officer$593KAaron KowalskiVP/Mortgage Loan Officer$559KScott LangenbergVP/Mortgage Loan Officer$528KSamantha McSorleyChief Commerical & Wealth Of…$423KJames KellyChief Growth Officer$395KRyan DoehrmannChief Consumer Officer$380KScott TaylorChief Information Officer$337KChristopher PechChief Legal Officer$321KHeather StumpfChief Financial Officer$311KJennifer BleilChief People Officer$193KFred MimsBOD - Chairperson$26KMark RolingerBOD - Credit Committee Chair…$24KLaurel DayBOD - Secretary$21KMJ DolanBOD - Audit Risk Managment C…$20KLynsey EngelsBOD - Vice Chariperson$20KRichard NobleBoard of Directors$19KDrew DenningBOD - Treasurer$18KTiffany O'DonnellBOD - Director$18KKevin KiethBoard of Directors$7K

From 2024 filing

NameTitleHoursCompensation
Drew DenningBOD - Treasurer4$18,400
Fred MimsBOD - Chairperson13$25,998
Kevin KiethBoard of Directors0.5$7,467
Laurel DayBOD - Secretary2$20,995
Lynsey EngelsBOD - Vice Chariperson10$19,780
Mark RolingerBOD - Credit Committee Chairperson2$23,694
MJ DolanBOD - Audit Risk Managment Committee Chairperson3$20,429
Richard NobleBoard of Directors2$19,113
Tiffany O'DonnellBOD - Director2$18,400
Christopher PechChief Legal Officer50$321,351
Heather StumpfChief Financial Officer50$311,414
James KellyChief Growth Officer50$394,941
Jennifer BleilChief People Officer50$192,980
Katherine CourtneyChief Experience & Operating Officer50$626,990
Ryan DoehrmannChief Consumer Officer50$380,124
Samantha McSorleyChief Commerical & Wealth Officer50$422,916
Scott TaylorChief Information Officer50$337,498
Vikram IsraniChief Executive Officer50$699,315
Aaron KowalskiVP/Mortgage Loan Officer50$559,102
Daryn PetersonVP/Mortgage Lending50$827,358
Eric NormanVP/Mortgage Lending50$639,455
Peter JohnsonVP/Mortgage Loan Officer50$592,765
Todd Fanning Left 05092024Interim CEO50$942,348
Scott LangenbergVP/Mortgage Loan Officer50$527,508

Recent News & Activity

Recent developments and announcements

GreenState Credit Union has demonstrated commitment to community impact through several initiatives:

GreenState Credit Union Wins Iowa Finance Authority\u2019s Homeownership\

Awarded $135,000 grant to Iowa Coalition Against Domestic Violence to advance financial security for survivors

Feb 18 2022 Iowa Coalition Against Domestic Violence awarded $135,000 grant

Surpassed $500 million in mortgage lending to BIPOC Iowans

GreenState Credit Union surpasses $500 million in mortgage lending to BIPOC

Won Iowa Finance Authority's Homeownership Innovation Competition

GreenState Credit Union Wins Iowa Finance Authority\u2019s Homeownership\

Partnered with Greenlight to help parents raise financially smart children and teens

GreenState Credit Union Partners with Greenlight to Help Parents Raise Financially

Sponsored Junior Achievement programs to create boundless possibilities for local youth

GreenState Credit Union To Sponsor Junior Achievement Programs

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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