NonprofitsTexans Credit Union

Texans Credit Union

RICHARDSON, TX

Total revenue

$123.6M

Total expenses

$102.7M

Net assets

$205.0M

Grants received

EIN

750992590

Tax year

2024

Mission

Texans credit union is a state chartered credit union formed under the state credit union law. The credit union is a member-owned cooperative that provides traditional deposit and loan products, as well as other financial services to the membership. The credit union's focus is to make our member's lives better while serving our communities.

Programs

2 programs

Shares savings and certificates of deposits: the credit union offers a number of share savings accounts, money market savings, and ira savings accounts. These accounts pay dividends monthly. Other types of deposit savings offerings include certificates of deposit, both regular member certificates and ira certificates. The certificates pay interest on a monthly basis.

Checking accounts: the credit union offers two checking account products. One account has simple ways to waive the monthly service charge. The other offers dividends to those members with higher balances. Both products have features that include free e-services and access to thousands of atms.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$92.2M
Investment income$31.2M
Other revenue$227K
Total revenue$123.6M

Expenses

Grants paid
Salaries & benefits$28.9M
Fundraising
Other expenses$73.8M
Total expenses$102.7M
Total assets$2.2B
Net assets$205.0M

People

16 listed

NameRoleCompensation

DAVID FRAZIER

CHIEF EXECUTIVE OFFICER

Board

$852K

40 hrs/wk

MICHAEL MCWETHY

EXECUTIVE VICE PRESIDENT

Board

$630K

40 hrs/wk

BENJAMIN HART

CHIEF FINANCIAL OFFICER

Board

$500K

40 hrs/wk

JENNIFER SHORT

CHIEF PEOPLE OFFICER

Board

$282K

40 hrs/wk

SHYAMAL PARIKH

ADVISORY DIRECTOR

Board

1 hrs/wk

FAHAD AWAIS

ADVISORY DIRECTOR

Board

1 hrs/wk

LORI DANIEL

BOARD MEMBER

Board

1 hrs/wk

THOMAS BOEDECKER

TREASURER

Board

1 hrs/wk

ESTELLA MARTINEZ

SECRETARY

Board

1 hrs/wk

ED FAWCETT

VICE CHAIRPERSON

Board

1 hrs/wk

GEORGE CONSOLVER

CHAIRPERSON

Board

1 hrs/wk

TANYA PATTERSON

SVP, STRATEGIC SOLUTIONS

Staff

$259K

40 hrs/wk

JIANJUN BAI

VP DEV & HOST SYSTEMS

Staff

$240K

40 hrs/wk

ANGELA JACKSON

VP REAL ESTATE LENDING

Staff

$234K

40 hrs/wk

DANIEL MATHEWS

VP CONSUMER LENDING

Staff

$232K

40 hrs/wk

TRACY MONTEZ

SVP CONTROLLER

Staff

$232K

40 hrs/wk

Independent contractors

FISERV

NETWORK EFT

$1.9M

ALKAMI

INTERNET HOME BANKING SERVICER

$1.9M

RED ELEPHANT

REMODELLING HQ & BRANCHES

$872K

LEVEL 3 COMMUNICATIONS

IP AND DATA SERVICES

$771K

LANVERA

STATEMENT PROCESSING

$759K

Details

EIN750992590
Subsection14
Ruling date1976-06
Formed1953
Employees324
Volunteers7
TEXANS CREDIT UNION — Mission, Financials & Grants Received | Grantivo