Overview
What is Freestone Credit Union?
Freestone Credit Union, situated in Teague, Texas, is a member-focused financial institution. With a strong commitment to competitive pricing, they offer a wide range of loan products to cater to various financial needs. Their core mission is to deliver top-notch financial services to their members, ensuring quality and affordability. The credit union, with a team of 21 dedicated individuals, strives to maintain a solid presence in their local community.
Is Freestone Credit Union legitimate?
Freestone Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Freestone 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: $111,193
Professional Fundraising Fees: $0
Other Salaries and Wages: $510,722
For more financial information, click here
What is the mission statement of Freestone Credit Union?
Freestone Credit Union's mission is centered around providing top-notch financial services to its members. They strive to offer these services at competitive rates, aiming to meet the diverse financial needs of their members effectively. The credit union offers a variety of loan products at competitive rates, reflecting their commitment to providing value and affordability to their members.
Who is the CEO of Freestone Credit Union?
Deanne Harris is the Board Chair of Freestone Credit Union. The CEO's salary of Freestone Credit Union is $111,193 and their total compensation is $111,193.
What is the revenue of Freestone Credit Union?
Freestone Credit Union's revenue in 2022 was $2,262,020.
Who are the executives of Freestone Credit Union and what are their salaries?
The average compensation at Freestone Credit Union during 2022 was $29,615. There are 21 employees at Freestone Credit Union.
Here are 8 key members and their salaries (Freestone Credit Union's CEO's salary is $111,193 and their total compensation is $111,193):
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $111,193
- Related: $0
- Other: $0
Where can I find the form 990 for Freestone Credit Union?
Freestone Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Freestone Credit Union
Freestone Credit Union, a financial institution dedicated to its members, is committed to providing top-notch financial services. Its mission is centered around offering these services at competitive rates to its members. The credit union's primary goal is to ensure that its members can access various loan products at rates that are favorable to them, thereby promoting financial well-being. Freestone Credit Union strives to uphold this mission, continually seeking ways to improve and expand its offerings to better serve its members.
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Impact
October, 2024
Freestone Credit Union plays a significant role in the financial well-being of its members in Teague, TX, by providing quality financial services at competitive rates. The credit union's diverse loan products cater to various needs, empowering individuals and families to achieve their financial goals. By prioritizing member satisfaction and community engagement, Freestone Credit Union fosters economic development within the local area, ensuring that residents have access to essential financial resources. This commitment enhances financial literacy, stability, and overall community resilience, strengthening the fabric of Teague as a whole.
This information is meant to be a general summary of Freestone 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: $126,180
- Program Service Revenue: $2,058,081
- Gross Receipts: $2,262,020
Assets and Liabilities:
- Total Assets: $54,162,849
- Total Liabilities: $48,609,138
- Net Assets: $5,553,711
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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
$1,387,298
FEES AND CHARGES
Revenue
$660,754
OTHER
Revenue
$10,029
Organization Details
Founding Year
1952
Phone
(254) 739-2594Principal Officer
Deanne Harris
Main Address
613 MAIN ST, TEAGUE, TX, 75860
NTEE Category
Code: W60 - Public benefit
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