NonprofitsOklahoma Central Credit Union

Oklahoma Central Credit Union

TULSA, OK

Total revenue

$38.2M

Total expenses

$33.1M

Net assets

$81.1M

Grants received

EIN

730731221

Tax year

2024

Mission

To make a difference in the lives of our employees, members, and the communities we serve.

Programs

2 programs

Provide enhanced access to credit at reasonable rates - the credit union uses a prudent lending philosophy to offer various loan products at a low cost for members to finance their homes, automobiles, boats, college expenses, etc. During 2024, the credit union approved 3,334 loan requests for over $79m. A total of 293 real estate loans were approved with a dollar amount of $25m. The credit union is in its seventeenth year of commercial lending as a direct response to our small business owners' requests for financial services. Product offerings also include short term (7-year) mortgage loans. The credit union continues offering home protection loans (storm shelters, generators, etc.) at a low interest rate to help members afford the costly expense of adding these items.

Community involvement - oklahoma central credit union continues to support and be active in the communities we serve. In 2024, oklahoma central sponsored or was involved in the following: 1) credit union youth month encouraging youth to set goals and plan for their financial futures through youth savings accounts. 2) contributed over $40k to the oklahoma central foundation. This money was used to fund financial literacy, scholarships, local teacher support and school technology. 3) the credit union once again allowed 40 paid hours of community service to give back to the community. By year end 2024, employees contributed 2862 hours to various organizations. 4) oklahoma central made financial donations through a refer-a-friend program to organizations such as dvis, family & children's services, st. Francis children's hospital and john 3:16 mission.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$25.0M
Investment income$12.5M
Other revenue$645K
Total revenue$38.2M

Expenses

Grants paid$205K
Salaries & benefits$11.1M
Fundraising
Other expenses$21.8M
Total expenses$33.1M
Total assets$686.9M
Net assets$81.1M

People

18 listed

NameRoleCompensation

EUGENIA WILSON

PRESIDENT/CEO

Board

$476K

40 hrs/wk

SHELLI SCHROEDER

EVP COO

Board

$239K

40 hrs/wk

WILLIAM JOLIN

CFO

Board

$187K

40 hrs/wk

ALLEN COFFER

CHIEF STRATEGY OFFICER

Board

$143K

40 hrs/wk

SUSAN PHELPS

DIRECTOR

Board

1 hrs/wk

ANDY MURPHREE

DIRECTOR

Board

1 hrs/wk

PENNY CHEFFEY

DIRECTOR

Board

1 hrs/wk

TIM HILLE

DIRECTOR

Board

1 hrs/wk

ANNE DORMAN

SECRETARY/TREASURER

Board

1 hrs/wk

JOHN KUSHNERICK

VICE CHAIRPERSON

Board

1 hrs/wk

JOEL DOLLAR

CHAIRPERSON

Board

1 hrs/wk

KATRINA MORTON

VP OF LENDING

Staff

$160K

40 hrs/wk

JOYCE WHITE

VP OF ACCOUNTING

Staff

$151K

40 hrs/wk

JEREMY LIPPIATT

VP OF INTEGRATED TECHNOLOG

Staff

$145K

40 hrs/wk

EMILY FAIRCHILD

VP FINANCE

Staff

$131K

40 hrs/wk

KATHLEEN MANNING

DIRECTOR MARKETING & COMMUNICATION

Staff

$124K

40 hrs/wk

JENNIFER MARTIN

VP RETAIL SALES AND SERVICES

Staff

$124K

40 hrs/wk

MARGUERITE VAVRICK

DIRECTOR OF HUMAN SERVICES

Staff

$124K

40 hrs/wk

Independent contractors

FISERV

SOFTWARE SERVICES

$1.3M

NCR CORPORATION

STATEMENTS/HOME BANKING

$1.0M

N2 ADVERTISING LLC

ADVERTISING

$823K

CITADEL INTELLIGENCE

SECURITY

$404K

SHI INTERNATIONAL CORP

COMPUTER SERVICES

$383K

Details

EIN730731221
Subsection14
Ruling date1943-01
Formed1941
Employees161
Volunteers7
OKLAHOMA CENTRAL CREDIT UNION — Mission, Financials & Grants Received | Grantivo