NonprofitsMetro Medical Credit Union

Metro Medical Credit Union

DALLAS, TX

Total revenue

$3.5M

Total expenses

$2.7M

Net assets

$13.2M

Grants received

EIN

751249646

Tax year

2024

Mission

Metro medical credit union is a financial cooperative formed to provide financial services for individuals of modest means.

Programs

2 programs

Checking accounts: metro medical credit union provides checking accounts with no monthly charge to consumers. Mmcu has 3,005 checking accounts. Dividends are paid monthly. Additionally, the credit union offers free debit cards and free home banking on these accounts. Internet bill pay is available for a nominal monthly charge. Approximately forty-nine percent of the credit union's members have a checking account.

Consumer loans: metro medical credit union provides signature loans, property improvement loans and fixed home equity loans. Also, share secured loans are available at a reduced rate.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$2.5M
Investment income$1.0M
Other revenue
Total revenue$3.5M

Expenses

Grants paid
Salaries & benefits$1.2M
Fundraising
Other expenses$1.5M
Total expenses$2.7M
Total assets$83.1M
Net assets$13.2M

People

11 listed

NameRoleCompensation

MICHAEL CRAIG WHITE

PRESIDENT/CEO

Board

$195K

65 hrs/wk

SHERMAN ROBERSON

VICE PRESIDENT

Board

$115K

40 hrs/wk

DAVID KNOWLES

BOD - DIRECTOR

Board

1 hrs/wk

RAYCHEL LEE

BOD - SECRETARY/TREASURER

Board

1 hrs/wk

CHRISTOPHER MANN

BOD - DIRECTOR

Board

1 hrs/wk

RHONDA K ARRINGTON

BOD - DIRECTOR

Board

1 hrs/wk

ERIC MCDANIEL

BOD - DIRECTOR

Board

1 hrs/wk

DENISE PICKETT

BOD - DIRECTOR

Board

1 hrs/wk

KRISTI TILLERY

BOD - DIRECTOR

Board

1 hrs/wk

JOE G MAYER

BOD - CHAIRPERSON

Board

1 hrs/wk

JESSICA HERNANDEZ

BOD - VICE CHAIR

Board

1 hrs/wk

Independent contractors

FISERV

DATA PROCESSING

$479K

Details

EIN751249646
Subsection14
Ruling date1976-06
Formed1965
Employees15
Volunteers9
METRO MEDICAL CREDIT UNION — Mission, Financials & Grants Received | Grantivo