NonprofitsFirst Central Credit Union

First Central Credit Union

WACO, TX

Total revenue

$16.2M

Total expenses

$14.6M

Net assets

$23.0M

Grants received

$5K

1 grants

EIN

741137995

Tax year

2024

Mission

See schedule o, first paragraph

Programs

2 programs

Checking accounts: first central credit union provides checking accounts for members with various features from free checking accounts to those with enhanced benefits such as checking accounts with monthly rewards. We do offer checking accounts that pay dividends monthly. Additionally, the credit union extends the reach of these accounts to all members with free debit cards, internet account access, and free use of bill pay. Over 74% of the credit union's members have a checking account. First central credit union also offers money market accounts.

Share accounts: first central credit union's share accounts offer advantages to members of all ages. The credit union had 20,037 member owned accounts as of december 31, 2024. Member savings accounts pay dividends quarterly. First central credit union offers access through branches at different locations, home banking via the internet, telephone, and atm machines worldwide. We offer special savings accounts designed for children and teenagers to encourage the development of consistent spending habits.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$13.8M
Investment income$1.9M
Other revenue$546K
Total revenue$16.2M

Expenses

Grants paid
Salaries & benefits$4.5M
Fundraising
Other expenses$10.1M
Total expenses$14.6M
Total assets$168.6M
Net assets$23.0M

People

16 listed

NameRoleCompensation

JO BETSY TYLER

PRESIDENT/CEO

Board

$348K

40 hrs/wk

LORI ALAMBAR

CHAIRMAN

Board

1 hrs/wk

VICKI DECKARD

VICE-CHAIRMAN

Board

1 hrs/wk

CHERYL GRAVES

SECRETARY/TREASURER

Board

1 hrs/wk

ELIO SMYTHE

DIRECTOR

Board

1 hrs/wk

DAN DENT

DIRECTOR

Board

1 hrs/wk

JOSHUA REYES

DIRECTOR

Board

1 hrs/wk

GLENN WILLIAMSON

DIRECTOR

Board

1 hrs/wk

LORI DELEON

DIRECTOR

Board

1 hrs/wk

ASIA HOWARD

DIRECTOR

Board

1 hrs/wk

RONNIE JONES

DIRECTOR

Board

1 hrs/wk

SHELLI McCOY

CHIEF RETAIL OFFICER

Staff

$147K

40 hrs/wk

RACHAEL BOSSE

SENIOR LENDING MANAGER

Staff

$140K

40 hrs/wk

ORLANDO RODRIGUEZ JR

SENIOR ACCOUNTING AND IT MANAGER

Staff

$131K

40 hrs/wk

LINDA GUNN

SENIOR HR & TRAINING MANAGER

Staff

$102K

40 hrs/wk

NICHOLAS COOK

SENIOR IT MANAGER

Staff

$100K

40 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$5K
EMERGENDY RELIEF FOR JACKIE MCNEW
2024

Funded by

$5K from 1 funder · 1 grant · 2024

Nexion Health Foundation

$5K · 1 grant · 2024

Details

EIN741137995
Subsection14
Ruling date1976-06
Formed1937
Employees86
Volunteers10
FIRST CENTRAL CREDIT UNION — Mission, Financials & Grants Received | Grantivo