NonprofitsFirst City Credit Union

First City Credit Union

ALTADENA, CA

Total revenue

$41.4M

Total expenses

$37.2M

Net assets

$66.2M

Grants received

EIN

951679662

Tax year

2024

Mission

To provide high quality financial services and competitive products to our members

Programs

2 programs

Deposits: first city credit union provides a full range of retail deposit products to its members to provide a safe and insured investment vehicle to help financial management. This includes both fixed term certificates of deposit and non-maturing deposits, such as money market accounts. We also provide a full range of checking account products that allow our members to manage their day-to-day finances effectively through services such as direct deposit of payroll and on-line bill payment. Our network of 7 branches provide easy access to our deposit as well as others products. At 12/31/2024, first city credit union had a total deposit balance of $773,364,852.

Card services: first city credit union provides credit cards and debit cards to its members. These cards provide members with the cash management tools necessary for much of their ongoing purchases and bill payments on a daily basis. They also provide members with the ability to manage finances with a variety of options, e.g., deferring payments until cash is available to pay or making purchases with a direct debit when physical checks are not accepted by a merchant.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$29.1M
Investment income$12.2M
Other revenue
Total revenue$41.4M

Expenses

Grants paid
Salaries & benefits$11.5M
Fundraising
Other expenses$25.7M
Total expenses$37.2M
Total assets$888.0M
Net assets$66.2M

People

17 listed

NameRoleCompensation

NAVNEET KHANNA

CEO

Board

$602K

40 hrs/wk

LOURDES RUANO

EVP/CFO

Board

$359K

40 hrs/wk

MICHAEL STEINBERGER

CHAIR

Board

1 hrs/wk

MARISA LOPEZ

DIRECTOR

Board

1 hrs/wk

WILLA GLOVER

VICE CHAIR

Board

1 hrs/wk

CAROLYN BERNARDEZ

DIRECTOR

Board

1 hrs/wk

JOHN BENEDICT

TREASURER

Board

1 hrs/wk

CHRISTOPHER ANDERSON

DIRECTOR

Board

1 hrs/wk

LIXA ANDERSON

SVP/CIO

Staff

$237K

40 hrs/wk

ALFREDO PEREZ

SVP/CLO

Staff

$232K

40 hrs/wk

DAVID TRAN

VP, TECHNOLOGY

Staff

$178K

40 hrs/wk

ROYCE NGIAM

SVP/CMO

Staff

$176K

40 hrs/wk

MARY BOLOSE

VP, MEMBER SERVICES

Staff

$170K

40 hrs/wk

MARY RUBIO

SVP/CHRO

Staff

$169K

40 hrs/wk

OSCAR TOLEDO

VP, ECOMMERCE & PAYMENTS

Staff

$152K

40 hrs/wk

ROBERT HERRERA

SR SYSTEM ADMIN

Staff

$150K

40 hrs/wk

DEBORAH MINERO

AVP, PROJECT MANAGEMENT

Staff

$142K

40 hrs/wk

Independent contractors

FINANCIAL TECHNOLOGY SOLUTIONS

ATM SERVICER

$689K

JACK HENRY & ASSOCIATES

CORE SYSTEM PROVIDER

$454K

ALLIED NATIONWIDE SECURITY

BRANCH SECURITY GUARDS

$313K

INSYNC COMPUTER SOLUTIONS

IT CONSULTANT

$308K

TPX

COMMUNICATION LINE

$287K

Details

EIN951679662
Subsection14
Ruling date1979-06
Formed1937
Employees140
Volunteers6
FIRST CITY CREDIT UNION — Mission, Financials & Grants Received | Grantivo