Overview
What is First Community Credit Union Of Houston?
First Community Credit Union of Houston is a cooperative financial institution based in Houston, Texas. With a workforce of 524 employees, it caters to consumers and businesses in Harris, Montgomery, and Ft Bend Counties. The Credit Union offers various financial products and services, including checking accounts for all age groups and financial statuses, shares/savings accounts, consumer and commercial loans, real estate loans, business loans, and retirement investing. Their checking accounts come in different varieties, such as those for teenagers, seniors, and those offering high yield dividends. Members enjoy benefits like free debit cards, internet access, electronic bill payer services, and electronic statements. Overall, First Community Credit Union of Houston aims to meet the diverse financial needs of its community members.
Official website here: www.fccu.org
What are the reviews and ratings of this charity?
First Community Credit Union Of Houston is not currently rated by Charity Navigator. The organization falls outside of the typical evaluation framework due to its status, as it is not registered as a 501(c)(3) nonprofit. Charity Navigator ratings are primarily based on criteria such as Accountability & Finance and Leadership & Adaptability, which require specific nonprofit status.
The absence of a Charity Navigator rating does not imply any inherent positive or negative quality about the organization. It simply indicates that this credit union does not fit the standard nonprofit rating model. As a subordinate within a group ruling, it operates under different guidelines compared to typical charities evaluated by Charity Navigator.
Information such as Total Revenue, Expenses, and Key Persons' salaries are unavailable, limiting transparency assessments. Moreover, crucial metrics like Impact & Measurement and Culture & Community remain unevaluated. As no user reviews are found on GreatNonprofits, direct public experiences or sentiments about this credit union are not available for analysis.
This AI summary has been generated from information found on Charity Navigator.
Is First Community Credit Union Of Houston legitimate?
First Community Credit Union Of Houston is a legitimate nonprofit organization registered as a 501(c)(14) entity. First Community Credit Union Of Houston 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: $2,684,703
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,676,223
For more financial information, click here
Official website here: www.fccu.org
What is the mission statement of First Community Credit Union Of Houston?
First Community Credit Union functions as a cooperative financial institution, catering to individuals and businesses in specific areas. Its primary focus includes offering savings and checking accounts, various types of loans, real estate financing, business loans, retirement investments, and related products. The credit union is governed by both the State of Texas Credit Union Department and the National Credit Union Administration as part of the National Credit Union Insurance Fund. It provides checking accounts tailored to diverse age groups and financial situations, including options for teenagers, seniors, and those with low credit history. Additionally, the credit union offers high yield money management accounts for members with substantial balances, and affordable business checking accounts for small businesses. The credit union extends the convenience of these services to all members with free debit cards, internet access, bill payer services, and electronic statements. Over half of its members hold a checking account.
Official website here: www.fccu.org
Who is the CEO of First Community Credit Union Of Houston?
Tj Tijerina is the Principal Officer of First Community Credit Union Of Houston. The CEO's salary of First Community Credit Union Of Houston is $852,461 and their total compensation is $852,461.
Official website here: www.fccu.org
What is the revenue of First Community Credit Union Of Houston?
First Community Credit Union Of Houston's revenue in 2022 was $98,421,005.
Official website here: www.fccu.org
Who are the executives of First Community Credit Union Of Houston and what are their salaries?
The average compensation at First Community Credit Union Of Houston during 2022 was $48,399. There are 524 employees and 7 volunteers at First Community Credit Union Of Houston.
Here are 26 key members and their salaries (First Community Credit Union Of Houston's CEO's salary is $852,461 and their total compensation is $852,461):
- Compensation: $852,461
- Related: $0
- Other: $0
- Compensation: $446,975
- Related: $0
- Other: $0
- Compensation: $329,807
- Related: $0
- Other: $0
- Compensation: $321,130
- Related: $0
- Other: $0
- Compensation: $303,300
- Related: $0
- Other: $0
- Compensation: $278,100
- Related: $0
- Other: $0
- Compensation: $217,227
- Related: $0
- Other: $0
- Compensation: $209,722
- Related: $0
- Other: $0
- Compensation: $197,299
- Related: $0
- Other: $0
- Compensation: $190,550
- Related: $0
- Other: $0
- Compensation: $183,595
- Related: $0
- Other: $0
- Compensation: $176,218
- Related: $0
- Other: $0
- Compensation: $166,840
- Related: $0
- Other: $0
- Compensation: $165,785
- Related: $0
- Other: $0
- Compensation: $163,634
- Related: $0
- Other: $0
- Compensation: $161,084
- Related: $0
- Other: $0
- Compensation: $160,419
- Related: $0
- Other: $0
- Compensation: $153,865
- Related: $0
- Other: $0
- Compensation: $129,483
- Related: $0
- Other: $0
- Compensation: $18,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $13,750
- Related: $0
- Other: $0
- Compensation: $12,500
- Related: $0
- Other: $0
Official website here: www.fccu.org
Where can I find the form 990 for First Community Credit Union Of Houston?
First Community Credit Union Of Houston's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fccu.org
Learn more at the official website: www.fccu.org
Mission Statement of First Community Credit Union Of Houston
First Community Credit Union, a cooperative financial institution, is dedicated to providing a range of services in the realms of shares and savings accounts, checking accounts, consumer and commercial loans, real estate loans, business loans, and retirement investing for both individuals and businesses. Based in Texas and overseen by both the state and national credit union administrations, the credit union caters to residents and employees of Harris, Montgomery, and Ft Bend Counties, ensuring access to financial services for a diverse community.
First Community Credit Union offers various checking account options, catering to different age groups and financial situations. For instance, teenagers can open accounts with the assistance of a parent or guardian, while seniors enjoy discounted rates on the best checking accounts. The credit union also provides Fresh Start checking accounts for individuals who may struggle to establish a checking account elsewhere. Furthermore, high yield money management accounts are available for members with substantial balances, allowing them to earn competitive interest rates. Small businesses can also access affordable and flexible business checking accounts through the credit union. In addition to the benefits of these accounts, all members enjoy free debit cards, internet account access, electronic bill payer services, and electronic statements. Some checking accounts even offer monthly dividends. With over half of its members holding checking accounts, the credit union effectively serves the diverse needs of its community.
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Impact
October, 2024
First Community Credit Union of Houston plays a significant role in enhancing financial well-being within the community. By offering a wide range of financial products and services, it caters to the diverse needs of both consumers and businesses in the Houston area.
The credit union provides various checking account options that meet the unique needs of different demographics, including teenagers and seniors. This approach not only fosters financial literacy among young members but also ensures that older adults can access beneficial financial services at discounted rates. The Fresh Start checking accounts specifically help individuals who might have difficulty securing a traditional account elsewhere, promoting inclusivity in banking services.
Additionally, First Community Credit Union supports small businesses with flexible business checking accounts, helping them to manage their finances effectively. Their suite of services, which includes free debit cards, electronic bill pay, and internet account access, adds convenience and accessibility for all members.
By being a cooperative provider of financial services to residents of Harris, Montgomery, and Ft Bend Counties, the credit union contributes to the economic stability and growth of the community. It supports responsible financial practices and empowers individuals and businesses to achieve their financial goals. Overall, First Community Credit Union of Houston fosters a sense of community while promoting sound financial management and accessibility for all.
This information is meant to be a general summary of First Community Credit Union Of Houston. 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: $6,754,357
- Program Service Revenue: $91,666,648
- Gross Receipts: $98,977,215
Assets and Liabilities:
- Total Assets: $2,224,499,367
- Total Liabilities: $2,072,563,944
- Net Assets: $151,935,423
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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
$56,941,033
Member Fees and Charges
Revenue
$29,865,189
Loan Fee Income
Revenue
$4,118,310
ATM Income
Revenue
$742,116
Organization Details
Founding Year
1952
Phone
(281) 856-5300Principal Officer
Tj Tijerina
Main Address
PO Box 840129, Houston, TX, 772840129
Website
www.fccu.orgNTEE Category
Code: W60 - Public benefit
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