Overview
What is Public Employees Credit Union?
Public Employees Credit Union is a member-owned financial cooperative based in Austin, Texas, with a PO Box address at 2205. Established to promote thrift and offer financial services, they provide various loan options for their members, including secured and unsecured loans for consumable items such as autos, motorcycles, and homes. Their loan offerings include home equity loans, mortgages, credit cards, signature loans, and line-of-credit and share or certificate secured loans. Credit insurance and Guaranteed Asset Protection (GAP) insurance are available for added security. The Credit Union's mission is to deliver quality financial services at the best value to members while maintaining financial strength and stability. They employ a workforce of 96 individuals.
Official website here: www.pecutx.org
Is Public Employees Credit Union legitimate?
Public Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Public Employees 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: $1,243,717
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,468,205
For more financial information, click here
Official website here: www.pecutx.org
What is the mission statement of Public Employees Credit Union?
Public Employees Credit Union is a member-owned financial cooperative with a mission to deliver quality financial services and products to its members at the best value. It operates with a professional and personal approach while ensuring financial strength and stability. The credit union offers various loan options for securing funds for consumable items, including autos, motorcycles, RVs, home equity, mortgages, credit cards, signature loans, and line-of-credit and share or certificate secured loans. Members have access to credit insurance and Guaranteed Asset Protection (GAP) insurance for added protection on some of these loans. The mission is centered around providing essential financial services to its members in a cooperative and sustainable manner.
Official website here: www.pecutx.org
Who is the CEO of Public Employees Credit Union?
Gary Whitcomb is the President/Ceo of Public Employees Credit Union. The CEO's salary of Public Employees Credit Union is $295,660 and their total compensation is $353,498.
Official website here: www.pecutx.org
What is the revenue of Public Employees Credit Union?
Public Employees Credit Union's revenue in 2022 was $14,631,570.
Official website here: www.pecutx.org
Who are the executives of Public Employees Credit Union and what are their salaries?
The average compensation at Public Employees Credit Union during 2022 was $38,666. There are 96 employees and 7 volunteers at Public Employees Credit Union.
Here are 14 key members and their salaries (Public Employees Credit Union's CEO's salary is $295,660 and their total compensation is $353,498):
- Compensation: $295,660
- Related: $0
- Other: $57,838
- Compensation: $165,810
- Related: $0
- Other: $27,616
- Compensation: $136,710
- Related: $0
- Other: $24,687
- Compensation: $125,111
- Related: $0
- Other: $22,141
- Compensation: $115,942
- Related: $0
- Other: $22,068
- Compensation: $108,515
- Related: $0
- Other: $21,068
- Compensation: $101,192
- Related: $0
- Other: $19,359
- 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.pecutx.org
Where can I find the form 990 for Public Employees Credit Union?
Public Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pecutx.org
Learn more at the official website: www.pecutx.org
Mission Statement of Public Employees Credit Union
Public Employees Credit Union, a member-owned financial cooperative, is dedicated to encouraging savings and offering credit and financial services to its members. In pursuit of this mission, the credit union operates with a professional and personal touch, ensuring the delivery of top-quality financial products at competitive value.
At the core of Public Employees Credit Union's activities lies the provision of various secured and unsecured loans to its membership base. These loan options cater to a range of consumer needs, including auto, motorcycle, RV, home equity, mortgage, credit card, signature loan, and line-of-credit purchases. Members can also opt for credit insurance and Guaranteed Asset Protection (GAP) insurance to secure their investments.
Public Employees Credit Union's commitment to its members extends beyond loans. The financial institution is focused on maintaining financial strength and stability, making it a reliable partner for its members' financial needs. By prioritizing member satisfaction and providing financial services in a professional and personal manner, Public Employees Credit Union has established itself as a trusted financial institution within its community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Public Employees Credit Union (PECU) significantly impacts its community by providing affordable and accessible financial services tailored to the needs of its members. As a cooperative financial institution, PECU is dedicated to promoting thrift and offering a range of secured and unsecured loans, including options for autos, motorcycles, RVs, mortgages, and personal loans. This diverse loan availability supports members in achieving their immediate financial goals, whether it's purchasing a vehicle or securing a home.
PECU also emphasizes financial security by offering credit insurance and additional products like GAP insurance on secured loans, providing members with peace of mind. The organization aims to deliver quality financial services in a professional and personal manner, ensuring that its members receive the greatest value possible. This commitment to members cultivates financial stability within the community, enabling individuals to better manage their finances and make informed decisions.
Moreover, the cooperative model of PECU means that it is owned and controlled by its members, fostering a sense of community and shared purpose. By focusing on member satisfaction and financial strength, PECU creates a supportive environment that benefits not just its members but the broader Austin community as well.
This information is meant to be a general summary of Public Employees 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: $2,572,339
- Program Service Revenue: $12,059,231
- Gross Receipts: $14,631,570
Assets and Liabilities:
- Total Assets: $452,083,209
- Total Liabilities: $417,592,559
- Net Assets: $34,490,650
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest on Loan
Revenue
$8,273,232
Other Operating Income
Revenue
$2,161,683
Fee Income
Revenue
$1,526,289
Miscellaneous Income
Revenue
$98,027
Organization Details
Founding Year
1952
Phone
(512) 474-1955Principal Officer
Gary Whitcomb
Main Address
PO BOX 2205, Austin, TX, 78768
Website
www.pecutx.orgNTEE Category
Code: W60 - Public benefit
If you are a representative of Public Employees Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.