NonprofitsPriority Trust Credit Union

Priority Trust Credit Union

HOUSTON, TX

Total revenue

$16.1M

Total expenses

$15.2M

Net assets

$188.5M

Grants received

EIN

740695230

Tax year

2024

Mission

To provide banking and loan services to members in order to invest in people and improve lives.

Programs

3 programs

Checking Accounts: Checking accounts are offered to members and generally pay monthly dividends. Access if offered through branch locations, internet, ATMs, and telephone. Free debit cards are offered and on-line and mobile banking features are provided.

Expenses: $2.1M

Consumer Loans: Consumer loans are offered to members for autos, recreational vehicles, home equity, credit card, and personal loans. Consumer life and disability insurance are available on any of these products.

Expenses: $5.8MGrants: $1.1M

Other services offered to members are mortgage loans, money orders, cashiers checks and wire transfers.

Financials

FY 2024

Revenue

Contributions & grants$711K
Program service revenue$13.0M
Investment income$2.5M
Other revenue
Total revenue$16.1M

Expenses

Grants paid
Salaries & benefits$5.8M
Fundraising
Other expenses$9.4M
Total expenses$15.2M
Total assets$194.1M
Net assets$188.5M

People

15 listed

NameRoleCompensation

Ed Martindale

Vice-Chair

Board

$6K

1 hrs/wk

Margaret Glass

Treasurer

Board

$6K

1 hrs/wk

Mary Watson

Parlimentarian

Board

$6K

1 hrs/wk

Charles Charleston

Secretary

Board

$6K

1 hrs/wk

John Glenn

Director

Board

$6K

1 hrs/wk

Edward Johnson

Director

Board

$6K

1 hrs/wk

Gayle Reed

Director

Board

$6K

1 hrs/wk

Chuck Richard

Director

Board

$6K

1 hrs/wk

Debra Pruitt

Director

Board

$6K

1 hrs/wk

Gina Goosby

Director

Board

$6K

1 hrs/wk

Vic Ayres

Director

Board

$6K

1 hrs/wk

Wendell Greanleaf

Chairman

Board

$6K

1 hrs/wk

Roderick Newman

Secretary

Board

$5K

1 hrs/wk

Malcolm Rene

CEO

Staff

$220K

40 hrs/wk

Daniel Caldwell

CFO

Staff

$141K

40 hrs/wk

Details

EIN740695230
Subsection14
Ruling date1976-06
Formed1929
Employees92
Volunteers0
PRIORITY TRUST CREDIT UNION — Mission, Financials & Grants Received | Grantivo