NonprofitsTexoma Community Credit Union

Texoma Community Credit Union

WICHITA FALLS, TX

Total revenue

$22.7M

Total expenses

$19.9M

Net assets

$32.5M

Grants received

EIN

750896179

Tax year

2024

Mission

Texoma Community Credit Union is a provider of credit union financial services.

Programs

3 programs

Checking Accounts: TCCU provides checking accounts for consumers with various features, from free accounts to those with special benefits. Most offer dividends that are paid monthly. Additionally, the credit union extends the reach of these accounts to all members with free debit cards, internet account access and free use of the Internet bill payer platform. Over 40% of the credit union's member-owners have a checking account.

Consumer Loans: TCCU has provided vehicle loans since its inception. The consumer loan product line now includes efficient underwriting and flexible offering for recreational behicles, boats, and motorcycles as well as mortgages, signature loans, individual lines of credit, and loans secured by savings accounts. Consumer life and disability insurance is available on any of these loan types and assures that participating member-owners' loan payments are made without interruption in the even of their loss of income through death or disability.

TCCU provided home equity loans with single distribution, fixed rate and payment. TCCU also provides first mortgage loans to enable member-owners to purchase the American Dream- their own home.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$18.3M
Investment income$1.5M
Other revenue$3.0M
Total revenue$22.7M

Expenses

Grants paid
Salaries & benefits$6.8M
Fundraising
Other expenses$13.0M
Total expenses$19.9M
Total assets$276.5M
Net assets$32.5M

People

17 listed

NameRoleCompensation

John Buckley

President & CEO

Board

$196K

40 hrs/wk

Angela Ohmstede

COO

Board

$186K

40 hrs/wk

Kenneth Thomason

EVP & CLO

Board

$186K

40 hrs/wk

Tara Neal

CHRO

Board

$181K

40 hrs/wk

Kathryn Donovan

CFO

Board

$162K

40 hrs/wk

Ripley Tate

Board Chairman

Board

3 hrs/wk

Lacy Morgan

Vice Chairman

Board

1 hrs/wk

Vanda Cullar

Treasurer

Board

1 hrs/wk

Stacy Darnall

Secretary

Board

1 hrs/wk

Tony Ramirez

Director

Board

1 hrs/wk

Scott Poenitzsch

Director

Board

1 hrs/wk

David Farabee

Director

Board

1 hrs/wk

Misti Todd

Mortgage Operations Manager

Staff

$128K

40 hrs/wk

Chris Hansard

VP of IT

Staff

$127K

40 hrs/wk

Randy Brewster

Commecial Loan Officer

Staff

$118K

40 hrs/wk

Casey Allen

Indirect Loan Officer

Staff

$117K

40 hrs/wk

Leslie Rhodes

VP Operations

Staff

$114K

40 hrs/wk

Details

EIN750896179
Subsection14
Ruling date1976-06
Formed1953
Employees102
Volunteers12
TEXOMA COMMUNITY CREDIT UNION — Mission, Financials & Grants Received | Grantivo