NonprofitsCommunity Resource Credit Union

Community Resource Credit Union

BAYTOWN, TX

Total revenue

$67.4M

Total expenses

$60.6M

Net assets

$80.5M

Grants received

EIN

741109927

Tax year

2024

Mission

To help our members achieve financial well-being, through a lifetime partnership providing exceptional service & quality products.

Programs

4 programs

Checking accounts - community resource credit union provides different checking accounts to members with different features. The range varies from free checking accounts to checking accounts with enhanced benefits. Dividends are paid monthly. The credit union extends the utility of these accounts to all members with free debit card and internet and mobile account access.

Money market accounts - community resource credit union offers money market accounts for members who choose to keep their funds liquid, but will not transact as much and desire to earn an enhanced yield. Dividends are paid monthly.

Certificates of deposit - community resource credit union offers the highest yields to members who agree to keep their money deposited for a specific amount of time. Interest is paid monthly.

Member loans - community resource credit union offers a wide variety of loans to its members, including: vehicle, rv, boats, motorcycles, credit cards, signature loans, mortgages and commercial loans.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$59.7M
Investment income$5.8M
Other revenue$1.9M
Total revenue$67.4M

Expenses

Grants paid$46K
Salaries & benefits$18.7M
Fundraising
Other expenses$29.7M
Total expenses$60.6M
Total assets$895.1M
Net assets$80.5M

People

19 listed

NameRoleCompensation

RUSSELL BALLARD

PRESIDENT/CEO

Board

$1.2M

40 hrs/wk

BRENDA WEINBERGER

EVP

Board

$463K

40 hrs/wk

TAMMY LOCKETTE

SVP, CIO

Board

$447K

40 hrs/wk

MICHAEL LIBBEY

SVP/CFO

Board

$213K

40 hrs/wk

TIMOTHY FOLEY

SVP, COO

Board

$207K

40 hrs/wk

SONYA HARRIS

SVP OF LENDING

Board

$1K

40 hrs/wk

CONNIE A TILTON

BOD MEMBER

Board

1 hrs/wk

DICK DAWSON

BOD MEMBER

Board

1 hrs/wk

WALLY WHITLEY

BOD MEMBER

Board

1 hrs/wk

WILLIAM VOLA

BOARD TREASURER

Board

1 hrs/wk

ROY BAREFIELD

BOARD SECRETARY

Board

1 hrs/wk

JONNA CAGLE-PAGE

VICE CHAIRPERSON

Board

1 hrs/wk

DAVID MOHLAM

BOD MEMBER

Board

1 hrs/wk

RANDALL SANDERS

CHAIRPERSON

Board

1 hrs/wk

TRAVIS SMITH

VP FINANCIAL ADVISOR

Staff

$279K

40 hrs/wk

DAVID DANG

VP CHIEF INFORMATION SECURITY OFFICER

Staff

$195K

40 hrs/wk

AARON RATHBONE

VP OF BUSINESS LENDING

Staff

$180K

40 hrs/wk

MATTHEW GLASSCO

SR. SYSTEMS ENGINEER

Staff

$163K

40 hrs/wk

ALYSSA MORETTI

DIRECTOR OF HR

Staff

$142K

40 hrs/wk

Independent contractors

FIDELITY NATIONAL INFORMATION SERVICES

CREDIT & DEBIT CARD PROCESSOR

$4.1M

DIGITAL FIRST HOLDINGS LLC

HOME BANKING PLATFORM

$1.7M

NEWGROUND INTERNATIONAL LLC

CONSTRUCTION AND PROJECT

$1.4M

MCPC INC

HARDWARE & SOFTWARE

$921K

AUTO SERVICES RECOVERY INC

GAP/EXTENDED WARRANTY FOR AUTO LOANS

$537K

Details

EIN741109927
Subsection14
Ruling date1976-06
Formed1935
Employees253
Volunteers12
COMMUNITY RESOURCE CREDIT UNION — Mission, Financials & Grants Received | Grantivo