NonprofitsFamily Savings Credit Union

Family Savings Credit Union

RAINBOW CITY, AL

Total revenue

$83.4M

Total expenses

$76.0M

Net assets

$90.1M

Grants received

EIN

630355713

Tax year

2024

Mission

To provide thrift opportunities and low cost loans to members

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$53.3M
Investment income$6.3M
Other revenue$23.8M
Total revenue$83.4M

Expenses

Grants paid$15K
Salaries & benefits$24.8M
Fundraising
Other expenses$51.2M
Total expenses$76.0M
Total assets$1.0B
Net assets$90.1M

People

18 listed

NameRoleCompensation

DANNY VARNON

PRESIDENT/CEO

Board

$567K

38 hrs/wk

CURTIS LETSON

EXECUTIVE VICE PRESIDENT

Board

$341K

38 hrs/wk

DEBORAH GRAY

CHIEF FINANCIAL OFFICER

Board

$303K

38 hrs/wk

ROBERT RAYBURN

CHIEF LENDING OFFICER

Board

$283K

38 hrs/wk

JONATHAN ROLAND

CHEIF INFORMATION OFFICER

Board

$169K

38 hrs/wk

LESLI BISHOP

CHIEF MARKETING OFFICER

Board

$168K

38 hrs/wk

HACKY JAGGERS

SECRETARY

Board

$1K

2 hrs/wk

JAMES WILKES

TREASURER

Board

2 hrs/wk

LP WILLIAMSON

BOARD CHAIR

Board

2 hrs/wk

RONNIE REED

DIRECTOR

Board

2 hrs/wk

RANDEL MOUNTAIN

DIRECTOR

Board

2 hrs/wk

WALLY BURNS

DIRECTOR

Board

2 hrs/wk

BILL WILLARD

VICE CHAIRMAN

Board

2 hrs/wk

JOHN RIDDLE

COMMERCIAL LENDER

Staff

$725K

38 hrs/wk

AMY JACKSON

MORTGAGE SERVICES DIRECTOR

Staff

$323K

38 hrs/wk

CHELSEA MCCARY

COMMERCIAL LOAN ASSISTANT

Staff

$183K

38 hrs/wk

MARCIE RIDDLE

DIRECTOR OF BUSINESS SERVI

Staff

$161K

38 hrs/wk

BRANDON HESTER

COMMERICAL LOAN UNDERWRITER

Staff

$125K

38 hrs/wk

Independent contractors

JACK HENRY & ASSOCIATES

CORE PROCESSING SYSTEM

$1.4M

FSI

PROFESSIONAL SERVICES

$1.3M

QSI INC

ATM SERVICES

$613K

DIAMOND COMMUNICATION SOLUTIONS

COMMUNICATIONS

$557K

VISA USA INC

DEBIT CARD PROCESSING

$553K

Details

EIN630355713
Subsection14
Ruling date1971-06
Formed1951
Employees218
Volunteers12
FAMILY SAVINGS CREDIT UNION — Mission, Financials & Grants Received | Grantivo