NonprofitsState Chartered Credit Unions In Florida

State Chartered Credit Unions In Florida

TALLAHASSEE, FL

Total revenue

$70.2M

Total expenses

$65.1M

Net assets

$82.3M

Grants received

$6K

1 grants

EIN

590687423

Tax year

2024

Mission

To provide services and education to members in the framework of a financial cooperative.

Programs

2 programs

First commerce offers a full range of financial products for businesses. They include lending for operating expenses, equipment, inventory, real estate, and other needs as well as business credit card offerings. Deposit products from basic business checking to a full suite of treasury services are also available. Fccu incorporates interest bearing accounts, time deposits, funds transfer, and digital and remote business services.

First commerce credit union offers a wide array of electronic services to members. Almost 46,000 members utilize digital banking to keep track of their accounts, make transfers, make mobile deposits and pay bills. Fccu's bill pay offers same day bill pay and overnight check options to provide members flexibility in how they make their payments. Account-to-account transfers provide members convenient options in moving their funds. Over half of our active online banking users have enrolled in mobile banking. Fccu presents members and non-members with online options to open an account; apply for auto or personal loans; and apply for a mortgage.

Financials

FY 2024

Revenue

Contributions & grants$450K
Program service revenue$60.7M
Investment income$8.0M
Other revenue$976K
Total revenue$70.2M

Expenses

Grants paid
Salaries & benefits$17.3M
Fundraising
Other expenses$47.7M
Total expenses$65.1M
Total assets$1.1B
Net assets$82.3M

People

19 listed

NameRoleCompensation

CECILIA D HOMISON

CEO

Board

$1.2M

40 hrs/wk

DENNIS G ADAMS

SENIOR EXECUTIVE VICE PRESIDENT

Board

$445K

40 hrs/wk

ANGELA TERHUNE

CFO

Board

$252K

40 hrs/wk

SHONDA KNIGHT

BOD DIRECTOR

Board

$2K

1 hrs/wk

CASEY STOUTAMIRE

BOD DIRECTOR

Board

$1K

1 hrs/wk

JARED ROSS

BOD DIRECTOR

Board

1 hrs/wk

KATHY ARRANT

BOD TREASURER

Board

1 hrs/wk

ALAN NEUBAUER

BOD CHAIRPERSON

Board

1 hrs/wk

JOHN GRAYSON

BOD SECRETARY

Board

1 hrs/wk

CANITA PETERSON

BOD VICE CHAIRPERSON

Board

1 hrs/wk

KIMBERLY S HOWES

CHIEF VISIONARY OFFICER

Staff

$311K

40 hrs/wk

JUSTIN HOF

CHIEF INFORMATION & LENDING OFFICER

Staff

$286K

40 hrs/wk

BARBARA WILLIAMS-ANDERSON

THOMAS COUNTY MARKET EXECUTIVE

Staff

$221K

40 hrs/wk

AMY K GROFF

CHIEF PEOPLE OFFICER

Staff

$203K

40 hrs/wk

JOY SANDERS

COO

Staff

$177K

40 hrs/wk

STEVEN REYNOLDS

VICE PRESIDENT OF BUSINESS SERVICES

Staff

$167K

40 hrs/wk

WARREN SUMNER

DIRECTOR OF LENDING

Staff

$164K

40 hrs/wk

CHRISTOPHER EPPES

DIRECTOR OF IT

Staff

$147K

40 hrs/wk

ALLEN BURKES

DIRECTOR OF RISK MANAGEMENT

Staff

$141K

40 hrs/wk

Independent contractors

QUALITY DATA SYSTEMS INC

ATM HARDWARE, SOFTWARE, AND REPORTING PR

$2.8M

FISERV

DEBIT CARD PROCESSOR/DRIVE ATMS

$1.6M

BRAID CREATIVE & CONSULTING LLC

MARKETING SERVICES AND CONSULTING

$1.3M

MASTERCARD

CREDIT CARD PROCESSOR

$1.1M

Q2 SOFTWARE INC

ONLINE BANKING PROVIDER

$880K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$6K
COMMUNITY SUPPORT
2020

Funded by

$6K from 1 funder · 1 grant · 2020

Details

EIN590687423
Subsection14
Ruling date1972-02
Formed1940
Employees270
Volunteers12
STATE CHARTERED CREDIT UNIONS IN FLORIDA — Mission, Financials & Grants Received | Grantivo