NonprofitsPostel Family Credit Union

Postel Family Credit Union

WICHITA FALLS, TX

Total revenue

$3.6M

Total expenses

$3.2M

Net assets

$7.8M

Grants received

EIN

750813625

Tax year

2022

Mission

Postel Family Credit Union is a not-for-profit financial cooperative 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. Postel Family Credit Union offers products and services in four primary areas: Share Accounts, Checking Accounts, Consumer Loans and Real Estate Loans.

Programs

2 programs

Checking Accounts: Postel Family Credit Union provides checking accounts for members. Dividends are paid monthly. The credit union offers debit cards, internet access, mobile access, remote deposit and free use of the internet bill payer platform.

Consumer Loans: Postel Family Credit Union offers loans for vehicles, boats, motorcycles, mortgages, unsecured and recreational vehicles. Commercial loans are also offered.

Financials

FY 2022

Revenue

Contributions & grants
Program service revenue$2.6M
Investment income$365K
Other revenue$660K
Total revenue$3.6M

Expenses

Grants paid
Salaries & benefits$1.7M
Fundraising
Other expenses$1.5M
Total expenses$3.2M
Total assets$75.8M
Net assets$7.8M

People

10 listed

NameRoleCompensation

Rick Hanson

President/CEO

Board

$106K

40 hrs/wk

Steve Hanson

Vice President/Chief Lending Officer

Board

$93K

40 hrs/wk

Linda Frost

Vice President Operations

Board

$76K

40 hrs/wk

Becky Alexander

Vice President/CFO

Board

$74K

40 hrs/wk

Joe Ryckoff

Board Chairman

Board

1 hrs/wk

Robert Fonck

Board Vice Chairman

Board

1 hrs/wk

John Luig Jr

Board Secretary/Treasurer

Board

1 hrs/wk

Weldon Day

Board Member

Board

1 hrs/wk

William Presson

Board Member

Board

1 hrs/wk

Mark Beauchamp

Board Member

Board

1 hrs/wk

Details

EIN750813625
Subsection14
Ruling date1976-06
Formed1929
Employees29
Volunteers7
POSTEL FAMILY CREDIT UNION — Mission, Financials & Grants Received | Grantivo