Overview
What is First Community Credit Union?
First Community Credit Union is a state-chartered financial institution based in Jamestown, North Dakota. With a team of 327 dedicated employees, they offer cooperative credit services to their members. Their mission goes beyond just promoting thrift; they provide personalized financial solutions through a range of competitive products. By focusing on individualized assistance, the credit union empowers its employees to ensure members receive effective financial support.
Official website here: www.myfccu.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: $765,126
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,725,706
For more financial information, click here
Official website here: www.myfccu.com
What is the mission statement of First Community Credit Union?
First Community Credit Union is committed to promoting thrift and serving as a source of credit for its members. In line with this mission, the credit union provides individualized financial solutions to its members through competitive products. The organization is dedicated to empowering its well-trained employees to deliver these solutions effectively. By focusing on cooperative financial services, First Community Credit Union aims to furnish its members with the financial tools they need to manage their money and achieve their financial goals.
Official website here: www.myfccu.com
Who is the CEO of First Community Credit Union?
Steve Schmitz is the CEO of First Community Credit Union The CEO's salary of First Community Credit Union is $508,791 and their total compensation is $552,089.
Official website here: www.myfccu.com
What is the revenue of First Community Credit Union?
First Community Credit Union's revenue in 2023 was $65,983,287.
Official website here: www.myfccu.com
Who are the executives of First Community Credit Union and what are their salaries?
The average compensation at First Community Credit Union during 2023 was $55,351. There are 316 employees at First Community Credit Union.
Here are 15 key members and their salaries (First Community Credit Union's CEO's salary is $508,791 and their total compensation is $552,089):
- Compensation: $7,200
- Related: $0
- Other: $0
- Compensation: $7,200
- Related: $0
- Other: $0
- Compensation: $7,200
- Related: $0
- Other: $0
- Compensation: $7,200
- Related: $0
- Other: $0
- Compensation: $7,200
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
- Compensation: $7,200
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $508,791
- Related: $0
- Other: $43,298
- Compensation: $207,135
- Related: $0
- Other: $49,339
- Compensation: $236,264
- Related: $0
- Other: $54,410
- Compensation: $253,034
- Related: $0
- Other: $42,792
- Compensation: $227,162
- Related: $0
- Other: $20,397
- Compensation: $193,314
- Related: $0
- Other: $45,517
- Compensation: $195,466
- Related: $0
- Other: $41,208
Official website here: www.myfccu.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 2023 and can be accessed here.
Official website here: www.myfccu.com
Learn more at the official website: www.myfccu.com
Mission Statement of First Community Credit Union
First Community Credit Union, a state-chartered financial institution, is dedicated to encouraging savings and serving as a reliable source of credit for its members. In its mission to provide personalized financial solutions, the Credit Union offers competitive products and empowers its employees to deliver excellent service. By furnishing cooperative financial services, First Community Credit Union aims to make a positive impact on the financial lives of its members.
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Impact
October, 2024
First Community Credit Union plays a vital role in fostering financial well-being in the Jamestown, ND community by promoting thrift and providing accessible credit to its members. By offering cooperative financial services, it empowers individuals with tools to achieve their financial goals. The credit union is dedicated to delivering personalized financial solutions through competitive products, ensuring that its members have the support they need.
With a focus on training and empowering its employees, First Community Credit Union creates an environment where members receive not just services but also guidance tailored to their specific needs. This commitment to individualized service enhances financial literacy and promotes responsible financial practices among the community. The organization’s impact resonates through improved member relationships, enhanced financial stability, and increased community engagement—all essential components of a thriving local economy.
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 2023.
- Investment Income: $5,976,238
- Program Service Revenue: $59,286,665
- Gross Receipts: $66,055,466
Assets and Liabilities:
- Total Assets: $1,195,741,212
- Total Liabilities: $1,070,946,411
- Net Assets: $124,794,801
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER INTEREST INCOME
Revenue
$45,280,580
SERVICE CHARGES & FEES
Revenue
$8,091,170
OTHER FEES
Revenue
$5,914,915
Organization Details
Founding Year
1939
Principal Officer
Steve Schmitz
Website
www.myfccu.comNTEE Category
Code: W60 - Public benefit
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