Overview
What is First Community Credit Union?
First Community Credit Union, based in Chesterfield, Missouri, is a member-focused financial institution serving over 356 thousand individuals. With a team of 740 employees, they offer a comprehensive suite of services, including competitive loans at low rates and profitable depository accounts with high dividends. Their product range encompasses auto, home, business, and unsecured loans. The credit union also provides various depository options such as savings and checking accounts, certificates of deposit, money management accounts, and IRA accounts. Their mission is to be the primary financial institution for their members, offering these services in a convenient, courteous, and professional manner.
Official website here: www.firstcommunity.com
Is First Community Credit Union legitimate?
First Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. First Community 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: $4,675,683
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,062,442
For more financial information, click here
Official website here: www.firstcommunity.com
What is the mission statement of First Community Credit Union?
First Community Credit Union is committed to being the primary financial institution for its members. They aim to achieve this by offering and promoting a comprehensive range of financial services in a convenient, courteous, and professional manner. This credit union provides competitive loan rates while paying attractive dividends on deposit accounts. With over 356 thousand members, they cater to various financial needs such as auto, home, business, and unsecured loans. Additionally, they offer various deposit options including savings and checking accounts, certificates of deposit, money management accounts, and Individual Retirement Accounts (IRA).
Official website here: www.firstcommunity.com
Who is the CEO of First Community Credit Union?
Glenn D Barks is the President of First Community Credit Union.
Official website here: www.firstcommunity.com
What is the revenue of First Community Credit Union?
First Community Credit Union's revenue in 2022 was $155,589,615.
Official website here: www.firstcommunity.com
Who are the executives of First Community Credit Union and what are their salaries?
The average compensation at First Community Credit Union during 2022 was $48,295. There are 740 employees and 7 volunteers at First Community Credit Union.
Here are 23 key members and their salaries:
- Compensation: $1,604,083
- Related: $0
- Other: $229,692
- Compensation: $341,050
- Related: $0
- Other: $194,851
- Compensation: $317,798
- Related: $0
- Other: $152,263
- Compensation: $266,508
- Related: $0
- Other: $84,234
- Compensation: $222,430
- Related: $0
- Other: $96,165
- Compensation: $244,173
- Related: $0
- Other: $71,107
- Compensation: $196,504
- Related: $0
- Other: $66,505
- Compensation: $193,643
- Related: $0
- Other: $58,018
- Compensation: $172,843
- Related: $0
- Other: $72,768
- Compensation: $130,320
- Related: $0
- Other: $43,613
- Compensation: $118,870
- Related: $0
- Other: $49,905
- Compensation: $131,335
- Related: $0
- Other: $29,479
- Compensation: $126,542
- Related: $0
- Other: $29,711
- Compensation: $118,648
- Related: $0
- Other: $35,987
- Compensation: $118,306
- Related: $0
- Other: $30,386
- Compensation: $17,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.firstcommunity.com
Where can I find the form 990 for First Community Credit Union?
First Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.firstcommunity.com
Learn more at the official website: www.firstcommunity.com
Mission Statement of First Community Credit Union
First Community Credit Union, a member-focused financial institution, is dedicated to being the primary financial partner for its members. With a mission to provide and promote a comprehensive suite of services in a convenient, courteous, and professional manner, First Community Credit Union strives to meet the diverse financial needs of its over 356 thousand members.
Through its commitment to delivering competitive benefits, First Community Credit Union offers an array of loan products at attractive rates. These loan options include auto, home, business, and unsecured loans, catering to the various financial requirements of its members. In addition to loans, First Community Credit Union provides a range of depository services such as savings and checking accounts, certificates of deposit, money management accounts, and Individual Retirement Accounts (IRAs). These services enable members to effectively manage their finances and save for future goals.
By prioritizing its members, First Community Credit Union aims to build long-term relationships and offer personalized financial solutions. In doing so, it positions itself as a trusted financial partner and a valuable resource for its members.
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Impact
October, 2024
First Community Credit Union plays a significant role in empowering its members financially. By offering a comprehensive range of services, including low-rate loans for auto, home, business, and unsecured purposes, the credit union enables over 356,000 members to achieve their financial goals more affordably.
In addition, First Community provides attractive depository options, such as savings and checking accounts, certificates of deposit, money management accounts, and IRAs. This not only supports members in saving and growing their funds but also promotes financial stability within the community.
The credit union's commitment to delivering services in a convenient, courteous, and professional manner enhances the overall member experience, fostering a strong sense of community and trust. Through its varied offerings, First Community Credit Union significantly contributes to the financial wellbeing of its members and the broader public benefit.
This information is meant to be a general summary of First Community 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: $24,588,835
- Program Service Revenue: $131,000,780
- Gross Receipts: $155,777,144
Assets and Liabilities:
- Total Assets: $3,867,569,361
- Total Liabilities: $3,678,661,663
- Net Assets: $188,907,698
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest on Loans
Revenue
$81,220,950
Fee Income
Revenue
$19,323,911
Other Operating Income
Revenue
$30,455,919
Organization Details
Founding Year
1934
Phone
(636) 537-4400Principal Officer
Glenn D Barks
Main Address
17151 Chesterfield Airport Road, Chesterfield, MO, 63005
Website
www.firstcommunity.comNTEE Category
Code: W60 - Public benefit
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