Fort Mcclellan Credit Union

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 630346919 ✦ Anniston, AL ✦ Designated as a 501(c)(14)

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Overview

What is Fort Mcclellan Credit Union?

Fort Mcclellan Credit Union is a cooperative, non-profit financial institution based in Anniston, Alabama. Established under the Alabama Credit Union Act, its primary purpose is to promote thrift among its members and provide them with a reliable source of credit at fair rates. The credit union serves primarily individuals residing, working, worshiping, or attending school in specific Alabama counties, as well as certain categories of city, county, state, and federal employees, national guard, and US army reserve personnel within its trade area. As of December 31, 2022, the credit union had approximately 16,832 members and offered its services to them. The credit union embodies the spirit of member control, allowing individuals to manage their finances more effectively and improve their overall economic and social condition.


Official website here: www.fortmcclellancu.org

What do the Facebook reviews say about Fort Mcclellan Credit Union?

Fort McClellan Credit Union has garnered positive attention from its users, despite currently not having an established rating. Based on the four reviews on Facebook, it's clear that the credit union is appreciated for its approachable and helpful team.

Reviewers highlight the friendly demeanor of the staff, suggesting that customers feel welcomed and valued during their interactions. Additionally, the efficiency of the service is noted, with mentions of quick assistance contributing to a positive experience overall.

Overall, the sentiment is favorable, with patrons expressing satisfaction with both the customer service and the speed of service provided by Fort McClellan Credit Union.


This AI summary has been generated from reviews found on Facebook.

Is Fort Mcclellan Credit Union legitimate?

Fort Mcclellan Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Fort Mcclellan 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: $310,597
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,741,043

For more financial information, click here


Official website here: www.fortmcclellancu.org

What is the mission statement of Fort Mcclellan Credit Union?

Fort Mcclellan Credit Union is a cooperative financial institution, established under the Alabama Credit Union Act. Its primary purpose is threefold: encouraging thrift, creating a source of credit at reasonable rates, and providing members with the opportunity to manage their own money. This is all aimed at improving their economic and social condition. As a voluntary, non-profit organization, its main objective is to serve its members and contribute to their financial well-being.


Official website here: www.fortmcclellancu.org

Who is the CEO of Fort Mcclellan Credit Union?

Angela Smith is the Vice Chairperson (End 2022) of Fort Mcclellan Credit Union. The CEO's salary of Fort Mcclellan Credit Union is $142,733 and their total compensation is $164,012.


Official website here: www.fortmcclellancu.org

What is the revenue of Fort Mcclellan Credit Union?

Fort Mcclellan Credit Union's revenue in 2022 was $8,315,286.


Official website here: www.fortmcclellancu.org

Who are the executives of Fort Mcclellan Credit Union and what are their salaries?

The average compensation at Fort Mcclellan Credit Union during 2022 was $37,215. There are 82 employees and 14 volunteers at Fort Mcclellan Credit Union.


Here are 17 key members and their salaries (Fort Mcclellan Credit Union's CEO's salary is $142,733 and their total compensation is $164,012):


Herschel Harris (Vice Chairperson (End 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Sybil Borden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Mccarson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Medders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Leonard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Trammell (Secretary, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Daffron (Supervisory Committee Memb)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Robertson (Supervisory Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Roberson (Board Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Joiner (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Waldrup (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Van Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Bobo (Supervisory Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mcdermott (Supervisory Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Smith (Chief Executive Officer)
  • Compensation: $142,733
  • Related: $0
  • Other: $21,279
John Terrano (Chief Human Resources Officer)
  • Compensation: $130,633
  • Related: $0
  • Other: $15,952
Julie Hill (Senior Vice President)
  • Compensation: $120,240
  • Related: $0
  • Other: $6,239


Official website here: www.fortmcclellancu.org

Where can I find the form 990 for Fort Mcclellan Credit Union?

Fort Mcclellan Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fortmcclellancu.org

Learn more at the official website: www.fortmcclellancu.org

Mission Statement of Fort Mcclellan Credit Union

Fort Mcclellan Credit Union, as a cooperative credit union, operates under a voluntary and non-profit structure, chartered under the Alabama Credit Union Act. Its primary objective is to promote thrift, create a reliable source of credit at reasonable interest rates, and offer its members the opportunity to manage their own finances, aiming to enhance their economic and social conditions. This credit union serves its purpose by encouraging savings and providing financial assistance to its members, thereby contributing to their overall financial well-being.

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Impact




October, 2024

Fort McClellan Credit Union significantly impacts its community by promoting financial well-being and inclusivity among its members. It serves individuals who live, work, or attend school in several counties in Alabama, as well as city, county, state, and federal employees and military personnel. With a membership of approximately 16,832, the credit union fosters a sense of community and cooperative financial empowerment.

By offering credit at fair and reasonable rates, Fort McClellan Credit Union encourages thrift and helps members effectively manage their finances. This support not only strengthens individual economic stability but also contributes to overall community growth. The credit union’s mission focuses on providing equitable financial opportunities, enabling members to take control of their financial futures and improve their economic and social conditions.

In essence, Fort McClellan Credit Union plays a vital role in enhancing the quality of life for its members by ensuring access to essential financial resources and fostering a supportive environment for personal and communal development.




This information is meant to be a general summary of Fort Mcclellan 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.

Revenue
$8,315,286 (2022)
Expenses
$8,270,624 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $8,315,286
  • Gross Receipts: $8,315,286

Assets and Liabilities:

  • Total Assets: $233,224,923
  • Total Liabilities: $217,797,379
  • Net Assets: $15,427,544

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN INTEREST INCOME

Revenue

$4,302,055

FINANCIAL SERVICES INC

Revenue

$2,316,561

INVESTMENT INCOME

Revenue

$1,696,670

Organization Details

Founding Year

1953

Principal Officer

Angela Smith

Main Address

1010 GOLDEN SPRINGS ROAD, ANNISTON, AL, 36207

NTEE Category

Code: W60 - Public benefit

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