NonprofitsMemorial Credit Union

Memorial Credit Union

HOUSTON, TX

Total revenue

$6.7M

Total expenses

$6.6M

Net assets

$9.6M

Grants received

EIN

741240617

Tax year

2024

Mission

Memorial credit union is a co-operative thrift institution and is a member of the national credit union administration insurance fund . The credit union is regulated by the state of texas credit union department as well as the national credit union administration.

Programs

3 programs

Checking account: credit union provides checking accounts for members with various features from free checking account to those with enhanced benefits. Most offer dividends that pay monthly. The credit union extends these accounts to all the members with free debit card, online banking access, mobile app, free remote deposit and bill pay services.

Expenses: $288K

Loan: credit union has provided vehicle loans since its early years. Other product lines now includes efficient underwriting and flexible offerings for recreational vehicles, boat and motorcycles. Members can have payment protection available on any of these loan types.

Expenses: $1.0M

Information technology, marketing , compensation and benefits

Expenses: $2.2M

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$5.4M
Investment income$580K
Other revenue$674K
Total revenue$6.7M

Expenses

Grants paid
Salaries & benefits$2.1M
Fundraising
Other expenses$3.6M
Total expenses$6.6M
Total assets$93.4M
Net assets$9.6M

People

11 listed

NameRoleCompensation

THOMAS ROGERS

CEO

Board

$195K

40 hrs/wk

PAUL WENZ

BOARD MEMBER

Board

1 hrs/wk

VICKI M JONES

CHAIRPERSON

Board

1 hrs/wk

MARY BAKER

BOARD SECREATARY

Board

1 hrs/wk

JOE DICKSON

BOARD TREASURER

Board

1 hrs/wk

KERRY ROSE

BOARD MEMBER

Board

1 hrs/wk

VALENTINO MURPHY

VICE CHAIRPERSON

Board

1 hrs/wk

AUDREY BARNETT

BOARD MEMBER

Board

1 hrs/wk

ROBYN OLIVE

EVP

Staff

$153K

40 hrs/wk

TRICIA MACAULAY

VP OF LENDING

Staff

$127K

40 hrs/wk

ANTHONY JULIAN

VP OF COLLECTIONS

Staff

$123K

40 hrs/wk

Details

EIN741240617
Subsection14
Ruling date1976-06
Formed1953
Employees36
Volunteers7
MEMORIAL CREDIT UNION — Mission, Financials & Grants Received | Grantivo