NonprofitsTrinity Valley Teacher Credit Union

Trinity Valley Teacher Credit Union

PALESTINE, TX

Total revenue

$1.4M

Total expenses

$845K

Net assets

$9.1M

Grants received

EIN

750879008

Tax year

2024

Mission

Trinity Valley Teachers Credit Union is a cooperative thrift institution and is a member of the National Credit Union Administration Insurance Fund. It is regulated by the State of Texas Credit Union Department and the National Credit Union Administration. The Credit Union offers financial products including Share Accounts, Checking Accounts, Consumer Loans, Share Certificates and Individual Retirement Accounts.

Programs

3 programs

Consumer Loans: Trinity Valley Teachers Credit Union provides loans to members. The consumer loan product line includes signature, new and used vehicle, recreational vehicle, farm equipment and share secured loans. Credit Disability and Credit Life insurance are available on all loan types.

Share Certificates: Share Certificates are offered to members that want a stated interest return for a described time period. The credit union offers six month and twelve month certificates. This gives members an option in savings instruments.

Share Checking: Share Checking offers the member the opportunity to access funds by writing checks, ATM and Debit Cards. Individual Retirement Accounts: IRA's offer the member the opportunity to tax defferred savings for retirement.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$521K
Investment income$822K
Other revenue$18K
Total revenue$1.4M

Expenses

Grants paid
Salaries & benefits$319K
Fundraising
Other expenses$526K
Total expenses$845K
Total assets$30.8M
Net assets$9.1M

People

10 listed

NameRoleCompensation

REBECCA 'BECKY' GOODMAN

OFFICER PRESIDENT

Board

$80K

40 hrs/wk

EUNICESTINE TOYE

DIRECTOR

Board

0.5 hrs/wk

CYNTHIA THORNTON

DIRECTOR

Board

0.5 hrs/wk

CARL R IVINS

VICE CHAIRMAN

Board

0.5 hrs/wk

MAURICE BURLESON

VICE SECRETARY

Board

0.5 hrs/wk

RICHARD SYLVESTER

TREASURER

Board

0.5 hrs/wk

JOHNNIE KEELING

DIRECTOR

Board

0.5 hrs/wk

DANIEL SHEAD JR

CHAIRPERSON

Board

0.5 hrs/wk

SONYA BROWN

DIRECTOR

Board

0.5 hrs/wk

CRAIG NIVENS

SECRETARY

Board

0.5 hrs/wk

Details

EIN750879008
Subsection14
Ruling date1976-06
Formed1938
Employees7
Volunteers9
TRINITY VALLEY TEACHER CREDIT UNION — Mission, Financials & Grants Received | Grantivo