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Allegiance Credit Union

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

EIN: 730727707 ✦ Oklahoma city, OK ✦ Designated as a 501(c)(14)

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Overview

What is Allegiance Credit Union?

Allegiance Credit Union is a member-serving financial institution, headquartered at 4235 N Meridian in Oklahoma City, Oklahoma. With a membership of over 26,000 individuals, the credit union is dedicated to providing essential financial services to its members in the state. The team, consisting of 111 employees, works together to support and empower their community through various financial offerings.

Is Allegiance Credit Union legitimate?

Allegiance Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Allegiance 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: $1,420,887
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Allegiance Credit Union?

Allegiance Credit Union serves a membership of 26,279 individuals, providing them with essential financial services. The mission of the credit union is geared towards meeting the financial needs of its members. By offering a range of financial services, Allegiance Credit Union aims to contribute positively to the financial well-being of each member it serves. The credit union's commitment extends beyond mere transactions, as it strives to create value and build strong relationships with its members. Through its various financial offerings, Allegiance Credit Union empowers its members to make informed decisions about their money and achieve their financial goals.

Who is the CEO of Allegiance Credit Union?

Jeri Brooks is the Treasurer of Allegiance Credit Union. The CEO's salary of Allegiance Credit Union is $306,002 and their total compensation is $331,194.

What is the revenue of Allegiance Credit Union?

Allegiance Credit Union's revenue in 2021 was $16,187,363.

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

The average compensation at Allegiance Credit Union during 2021 was $12,801. There are 111 employees at Allegiance Credit Union.


Here are 16 key members and their salaries (Allegiance Credit Union's CEO's salary is $306,002 and their total compensation is $331,194):


Amy Downs (Ceopresident)
  • Compensation: $306,002
  • Related: $0
  • Other: $25,192
Sabrina Waner (Svpcfo)
  • Compensation: $281,593
  • Related: $0
  • Other: $15,278
Brian Engel (Senior Vpcio)
  • Compensation: $178,914
  • Related: $0
  • Other: $17,827
John Reavis (Senior Vpcoo)
  • Compensation: $175,344
  • Related: $0
  • Other: $16,639
Brent Rempe (Svp Stratagey Growth)
  • Compensation: $160,623
  • Related: $0
  • Other: $17,655
Angela Holland (Svpchro)
  • Compensation: $139,208
  • Related: $0
  • Other: $16,149
Christian Vaughn (Director Of Marketing)
  • Compensation: $109,045
  • Related: $0
  • Other: $14,107
Thomas Graham (Svpcfo)
  • Compensation: $70,158
  • Related: $0
  • Other: $1,270
Mel Mcvay (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeri Brooks (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Thurman (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Ruiz (Associate)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Cooper (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Evans (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Haffner (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hargrove (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Allegiance Credit Union?

Allegiance Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Allegiance Credit Union

Allegiance Credit Union, a membership-driven financial institution, serves a community of 26,279 individuals. With a commitment to its members, the credit union extends various financial services to help them manage their money effectively.

At the heart of Allegiance Credit Union's mission is the goal to make a positive impact on the lives of its members. By offering a comprehensive range of financial services, the credit union empowers its members to reach their financial goals. The institution's dedication to its members is reflected in its ability to serve over 26,000 people.

Allegiance Credit Union's member-focused approach sets it apart from other financial institutions. Its team of experts works closely with each member to understand their unique financial situation and tailor solutions accordingly. By offering personalized advice and customized financial products, the credit union has become an invaluable resource for its community.

In summary, Allegiance Credit Union is a financial cooperative that serves over 26,000 individuals. With a mission to offer financial services to its members, the credit union empowers its community to take control of their financial futures. By working closely with each member, Allegiance Credit Union provides customized solutions to help them reach their financial goals.

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Impact




October, 2024

Allegiance Credit Union has made a significant impact by serving 26,279 members in Oklahoma City, providing essential financial services tailored to meet the needs of its community. Through its commitment to offering accessible and affordable financial products, Allegiance fosters financial well-being and empowerment among its members. This dedication not only supports individual financial growth but also contributes to the overall economic health of the community, promoting stability and public benefit.




This information is meant to be a general summary of Allegiance 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
$16,187,363 (2021)
Expenses
$13,994,491 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $568,189
  • Program Service Revenue: $10,009,385
  • Gross Receipts: $16,383,690

Assets and Liabilities:

  • Total Assets: $376,025,043
  • Total Liabilities: $348,735,586
  • Net Assets: $27,289,457

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Programs

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

LOANS

Revenue

$10,009,385

Organization Details

Founding Year

1963

Principal Officer

Jeri Brooks

Main Address

4235 N MERIDIAN, OKLAHOMA CITY, OK, 73112

NTEE Category

Code: W610 - Public benefit

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