Overview
What is Financial Center First Credit Union?
Financial Center First Credit Union is a credit union based in Indianapolis, Indiana, with a membership of 78,251. Their mission is dedicated to enhancing the financial well-being of their members. Established at 7101 EAST 56th STREET, the credit union operates with a workforce of 405 employees. Their primary focus lies in providing various financial services to their members, aiming to make a positive impact on their financial lives.
Official website here: www.fcfcu.com
What do the Facebook reviews say about Financial Center First Credit Union?
66% of users recommend Financial Center First Credit Union based on 63 reviews. Here’s a summary of the sentiments expressed in the reviews:
Opinions about the nonprofit are mixed, with some users expressing frustration regarding financial transactions. A significant concern raised involves unauthorized deductions from accounts, specifically highlighting issues where individuals felt that payments were still being taken after loans had been fully settled. Such instances have led to dissatisfaction among certain customers, impacting their perception of the service reliability.
While there are some positive interactions mentioned, the complaints regarding billing practices seem to overshadow praise for other services, indicating a need for improvement in customer account management and communication. Overall, the sentiment suggests a portion of customers feel unsettled, calling for better oversight of financial handling.
This AI summary has been generated from reviews found on Facebook.
Is Financial Center First Credit Union legitimate?
Financial Center First Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Financial Center First Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,413,795
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,444,711
For more financial information, click here
Official website here: www.fcfcu.com
What is the mission statement of Financial Center First Credit Union?
Financial Center First Credit Union is dedicated to enhancing the financial well-being of its 78,251 members. This mission is at the heart of the credit union's operations. By offering financial services, it strives to make a positive impact on the lives of the individuals it serves. Improving financial lives is the key goal of Financial Center First Credit Union.
Official website here: www.fcfcu.com
Who is the CEO of Financial Center First Credit Union?
Ryan W Cook is the Ceo/President of Financial Center First Credit Union. The CEO's salary of Financial Center First Credit Union is $320,297 and their total compensation is $330,644.
Official website here: www.fcfcu.com
What is the revenue of Financial Center First Credit Union?
Financial Center First Credit Union's revenue in 2022 was $42,966,700.
Official website here: www.fcfcu.com
Who are the executives of Financial Center First Credit Union and what are their salaries?
The average compensation at Financial Center First Credit Union during 2022 was $31,749. There are 405 employees and 25 volunteers at Financial Center First Credit Union.
Here are 36 key members and their salaries (Financial Center First Credit Union's CEO's salary is $320,297 and their total compensation is $330,644):
- Compensation: $1,591,673
- Related: $0
- Other: $3,213
- Compensation: $320,297
- Related: $0
- Other: $10,347
- Compensation: $252,358
- Related: $0
- Other: $11,343
- Compensation: $228,983
- Related: $0
- Other: $3,393
- Compensation: $212,766
- Related: $0
- Other: $10,053
- Compensation: $194,495
- Related: $0
- Other: $16,420
- Compensation: $200,956
- Related: $0
- Other: $7,293
- Compensation: $182,679
- Related: $0
- Other: $9,957
- Compensation: $146,539
- Related: $0
- Other: $18,234
- Compensation: $151,621
- Related: $0
- Other: $11,736
- Compensation: $153,610
- Related: $0
- Other: $4,026
- Compensation: $131,698
- Related: $0
- Other: $18,363
- Compensation: $135,626
- Related: $0
- Other: $9,058
- Compensation: $127,537
- Related: $0
- Other: $15,825
- Compensation: $120,793
- Related: $0
- Other: $14,472
- Compensation: $119,436
- Related: $0
- Other: $10,721
- Compensation: $120,905
- Related: $0
- Other: $9,117
- Compensation: $118,477
- Related: $0
- Other: $10,225
- Compensation: $118,280
- Related: $0
- Other: $8,367
- Compensation: $111,463
- Related: $0
- Other: $3,260
- Compensation: $83,486
- Related: $0
- Other: $2,954
- Compensation: $62,704
- Related: $0
- Other: $2,926
- Compensation: $59,776
- Related: $0
- Other: $0
- Compensation: $29,427
- Related: $0
- Other: $0
- Compensation: $18,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
Official website here: www.fcfcu.com
Where can I find the form 990 for Financial Center First Credit Union?
Financial Center First Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fcfcu.com
Learn more at the official website: www.fcfcu.com
Mission Statement of Financial Center First Credit Union
Financial Center First Credit Union, with a mission to enhance the financial well-being of its 78,251 members, strives to make a meaningful difference in their lives. The credit union goes beyond just providing financial services; it aims to help its members build a solid financial foundation.
Through its dedicated efforts, Financial Center First Credit Union works tirelessly to ensure its members have access to essential financial tools and resources. By improving their financial lives, the credit union enables its members to reach their long-term goals and secure a stable financial future. The organization's unwavering commitment to its members' financial growth sets it apart in the financial services industry.
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Impact
October, 2024
Financial Center First Credit Union plays a significant role in enhancing the financial well-being of its members, serving 78,251 individuals in the Indianapolis area. By offering a wide range of financial services, the credit union helps members manage their finances more effectively, improve their financial literacy, and achieve personal financial goals.
Its mission to improve the financial lives of its members translates into accessible banking options, educational resources, and community support, fostering economic empowerment and stability. This commitment not only benefits individual members but also strengthens the local community by promoting financial health and encouraging responsible financial practices. Through its initiatives, Financial Center First Credit Union demonstrates a dedication to public benefit, making a transformative impact on the lives of those it serves.
This information is meant to be a general summary of Financial Center First Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$245,454
- Program Service Revenue: $43,212,154
- Gross Receipts: $43,212,154
Assets and Liabilities:
- Total Assets: $839,916,000
- Total Liabilities: $755,273,634
- Net Assets: $84,642,366
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES AND OTHER CHARGES
Revenue
$3,934,719
INTERCHANGE INCOME
Revenue
$3,574,882
INSURANCE COMMISSIONS
Revenue
$208,000
INTEREST INCOME
Revenue
$32,213,305
INVESTMENT SERVICE FEES
Revenue
$245,319
Organization Details
Founding Year
2015
Phone
(317) 916-6233Principal Officer
Ryan W Cook
Main Address
7101 EAST 56TH STREET, INDIANAPOLIS, IN, 46226
Website
www.fcfcu.comNTEE Category
Code: W61 - Public benefit
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