NonprofitsState Chartered Credit Unions In Florida

State Chartered Credit Unions In Florida

TALLAHASSEE, FL

Total revenue

$29.0M

Total expenses

$26.0M

Net assets

$48.1M

Grants received

EIN

590806310

Tax year

2024

Mission

The mission of champions first credit union is to promote thrift, create a source of credit at legitimate rates of interest, and maximize the financial well-being of its members. Champions first credit union serves more than 34,000 members with ten branches throughout tallahassee and the surrounding area as of 12/31/24. The credit union provides secure online banking, a convenient mobile app and a complete suite of account types, loans, and services to meet every financial need.

Programs

2 programs

Deposit accounts - competitive dividend rates are paid even to members of modest means. This helps members to better their economic positions and save for the future.

Electronic services - the credit union offers many ways to make conducting financial transactions easy. These options affect everyone, from the person still using the phone system to transfer money to the hi-tech member who does all of their banking conveniently on their smart phone. Our members benefit from online banking, billpay, atms, phone system, account aggregation software, e-statements, e-lerts, etc.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$26.0M
Investment income$2.1M
Other revenue$918K
Total revenue$29.0M

Expenses

Grants paid$15K
Salaries & benefits$8.6M
Fundraising
Other expenses$17.4M
Total expenses$26.0M
Total assets$497.4M
Net assets$48.1M

People

19 listed

NameRoleCompensation

CHARLES ADCOCK III

PRESIDENT/CEO

Board

$543K

39 hrs/wk

JENNIFER DURDEN

EVP/CFO

Board

$305K

40 hrs/wk

L GRANT ABBOTT

VP OF LENDING AND BUSINESS DEVELOPMENT

Board

$236K

32 hrs/wk

MICHAEL POUCHER

VP OF OPERATIONS TO 11/1/2024

Board

$149K

40 hrs/wk

JUANITA MOORE

DIRECTOR

Board

0.5 hrs/wk

G STACY SIRMANS

CHAIRMAN

Board

1 hrs/wk

FRANCIS J FLYNN

DIRECTOR THROUGH 4/2024

Board

0.5 hrs/wk

J RANDY MCCAUSLAND

DIRECTOR

Board

0.5 hrs/wk

PHAEDRA HARRIS

DIRECTOR

Board

0.5 hrs/wk

JOEL MOYE

DIRECTOR

Board

0.5 hrs/wk

HUGH FONES

DIRECTOR

Board

0.5 hrs/wk

DAVID WHITE

TREASURER

Board

0.75 hrs/wk

DAVE SAGASER

VICE-CHAIR

Board

0.75 hrs/wk

SHENIFA TAITE

SECRETARY

Board

0.5 hrs/wk

CLAYTON SMITH

SPECIALIZED LENDING DIRECT

Staff

$166K

25 hrs/wk

RUSSELL LEVASSEUR

IT DIRECTOR

Staff

$135K

40 hrs/wk

DIAMOND POPOUR

MANAGER, BUS DEV

Staff

$126K

40 hrs/wk

JESSIE WATSON

AVP OF MARKETING AND MEMBE

Staff

$117K

40 hrs/wk

KINSLEY GRANT

AVP FINANCE

Staff

$116K

39 hrs/wk

Independent contractors

FISERV

DATA PROCESSING

$913K

MERIDIANLINK INC

LOAN APPLICATION SOFTWARE

$198K

TRUSTAGE

INSURANCE

$174K

WILLIAMS GAUTIER GWYNN DELOACH AND KI

LEGAL SERVICES

$154K

SORENSEN VAN LEUVEN LAW FIRM

LEGAL SERVICES

$139K

Details

EIN590806310
Subsection14
Ruling date1970-10
Formed1954
Employees122
Volunteers15
STATE CHARTERED CREDIT UNIONS IN FLORIDA — Mission, Financials & Grants Received | Grantivo