NonprofitsSchlumberger Employees Credit Union

Schlumberger Employees Credit Union

SUGAR LAND, TX

Total revenue

$36.4M

Total expenses

$22.1M

Net assets

$207.7M

Grants received

EIN

746050582

Tax year

2024

Mission

To provide lowcost financial services to members Schlumberger Employees CU is a cooperative thrift institution a member of NCUA

Programs

3 programs

SECU provides checking accounts with various features for all of the credit unions members. Features range from accounts with no monthly service charges to accounts with enhanced benefits. Members may access their checking accounts via debit card, via the internet, in our office, or via ATMs worldwide. Also available is the ability for members to pay bills via the home banking bill payer platform. This service is free of charge.

Since its inception, SECU has provided low-cost loans to its members. The consumer loan product line includes efficient underwriting via a secure online application process and competitive offerings for vehicles, boats, and motorcycles. Credit Life & Disability Debt protection is available for any of the credit unions loan types.

State Chartered Credit Union Unrelated Business

Expenses: $1.3M

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$20.6M
Investment income$15.8M
Other revenue$22K
Total revenue$36.4M

Expenses

Grants paid
Salaries & benefits$4.4M
Fundraising
Other expenses$7.8M
Total expenses$22.1M
Total assets$878.6M
Net assets$207.7M

People

12 listed

NameRoleCompensation

JERRY HARPER

Board Member

Board

5 hrs/wk

ROBERT FONS

Board Member

Board

5 hrs/wk

SONNY JOHNSTON

Board Member

Board

5 hrs/wk

KANNAN VENKATARAMAN

Board Member

Board

5 hrs/wk

NADIA HASOURIS

Board Member

Board

5 hrs/wk

NIHAL WIJEYESEKERA

Board Member

Board

5 hrs/wk

JOHN ZARNOWIECKI

Board Member

Board

5 hrs/wk

HAROLD E OTTIS JR

PresidentCEO

Staff

40 hrs/wk

MARK SPRAINIS

VP Lending

Staff

40 hrs/wk

MELANIE AGUILAR

VP CFO

Staff

40 hrs/wk

PAMELA MCMILLIN

VP Operations

Staff

40 hrs/wk

RODNEY HILL

VP Technology

Staff

40 hrs/wk

Details

EIN746050582
Subsection14
Ruling date1976-06
Formed1946
Employees0
Volunteers7
SCHLUMBERGER EMPLOYEES CREDIT UNION — Mission, Financials & Grants Received | Grantivo