Overview
What is Members First Credit Union?
Members First Credit Union is a financial institution situated in Corpus Christi, Texas, specifically at 5444 S Staples St. Their primary mission is to enhance the financial well-being of their members by encouraging savings and offering attractive loan options. They carry out this mission by providing various financial services to their member-owners. This nonprofit organization is committed to promoting thrift and offering competitive loan products to cater to the financial needs of its members.
Official website here: www.m1st.org
Is Members First Credit Union legitimate?
Members First Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Members 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: $438,974
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,522,824
For more financial information, click here
Official website here: www.m1st.org
What is the mission statement of Members First Credit Union?
Members First Credit Union is committed to enhancing the financial well-being of its member-owners. They achieve this goal by encouraging savings and providing competitive loan products. The credit union's mission is centered around promoting thrift savings and offering financial services that cater to the needs of its members. By doing so, they aim to support their member-owners in managing their finances effectively.
Official website here: www.m1st.org
Who is the CEO of Members First Credit Union?
Wanda Muessel is the Ceo of Members First Credit Union. The CEO's salary of Members First Credit Union is $159,175 and their total compensation is $166,670.
Official website here: www.m1st.org
What is the revenue of Members First Credit Union?
Members First Credit Union's revenue in 2022 was $7,706,314.
Official website here: www.m1st.org
Who are the executives of Members First Credit Union and what are their salaries?
There 7 volunteers at Members First Credit Union.
Here are 11 key members and their salaries (Members First Credit Union's CEO's salary is $159,175 and their total compensation is $166,670):
- Compensation: $160,855
- Related: $0
- Other: $15,411
- Compensation: $159,175
- Related: $0
- Other: $7,495
- Compensation: $85,009
- Related: $0
- Other: $11,029
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.m1st.org
Where can I find the form 990 for Members First Credit Union?
Members First Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.m1st.org
Learn more at the official website: www.m1st.org
Mission Statement of Members First Credit Union
Members First Credit Union is committed to enhancing the financial well-being of its member-owners. This mission is accomplished by encouraging savings and offering competitive loan products. By promoting thrift savings, the credit union aims to help its members build financial security. Additionally, Members First Credit Union provides a range of loan products that are competitive in the market, allowing its members to access affordable financing solutions for various needs. The ultimate goal of the credit union is to improve the financial stability of its member-owners, empowering them to make sound financial decisions and achieve their financial goals.
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Impact
October, 2024
Members First Credit Union significantly impacts the financial well-being of its member-owners in Corpus Christi, TX, by providing a range of financial services tailored to their needs. By promoting thrift and savings, the credit union helps cultivate responsible financial habits among its members. Additionally, Members First offers competitive loan products that make it easier for individuals and families to access the credit they need for important life events, such as purchasing a home or financing education. This focus on enhancing financial literacy and empowerment contributes to the overall economic stability of the community, fostering a culture of financial responsibility and growth. Through these efforts, Members First Credit Union plays a vital role in uplifting the financial health of its members and the broader community.
This information is meant to be a general summary of Members 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: $1,328,027
- Program Service Revenue: $6,378,287
- Gross Receipts: $8,183,475
Assets and Liabilities:
- Total Assets: $173,689,389
- Total Liabilities: $1,584,202
- Net Assets: $172,105,187
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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
$3,431,885
Fee Income
Revenue
$2,618,211
Loan Services
Revenue
$328,191
Organization Details
Phone
(361) 991-6178Principal Officer
Wanda Muessel
Main Address
5444 S Staples St, Corpus Christi, TX, 78411
Website
www.m1st.orgNTEE Category
Code: W60 - Public benefit
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