Centex Citizens Credit Union

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

EIN: 741271704 ✦ Mexia, TX ✦ Designated as a 501(c)(14)

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Overview

What is Centex Citizens Credit Union?

Centex Citizens Credit Union is a member-owned financial cooperative based in Mexia, Texas. With a state charter, it operates under the umbrella of the National Share Insurance Fund. The credit union offers various share accounts to its members, including savings accounts that pay quarterly dividends and can be accessed through multiple channels such as the main office, branch locations, internet banking, telephone, audio response, and ATMs. The credit union also has a Youth Savings Program designed to foster consistent savings habits. Centex Citizens Credit Union boasts a membership of 11,150 individuals and employs a team of 43 dedicated professionals committed to serving their members' financial needs through quality service and innovative technology, while ensuring financial strength, security, and stability.


Official website here: www.myowncu.com

Is Centex Citizens Credit Union legitimate?

Centex Citizens Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Centex Citizens 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: $413,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $996,762

For more financial information, click here


Official website here: www.myowncu.com

What is the mission statement of Centex Citizens Credit Union?

Centex Citizens Credit Union's mission is centered around serving its members' financial needs. It aims to deliver quality service and innovative technology while ensuring financial strength, security, and stability. The credit union offers dividends on its share accounts quarterly and provides various access methods, including the main office, branch locations, internet banking, telephone, audio response, and ATMs. The institution also has a youth savings program to encourage consistent savings habits and boasts a membership of 11,150 individuals.


Official website here: www.myowncu.com

Who is the CEO of Centex Citizens Credit Union?

Tami Griffin is the Chair of Centex Citizens Credit Union. The CEO's salary of Centex Citizens Credit Union is $101,653 and their total compensation is $114,168.


Official website here: www.myowncu.com

What is the revenue of Centex Citizens Credit Union?

Centex Citizens Credit Union's revenue in 2022 was $5,598,323.


Official website here: www.myowncu.com

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

The average compensation at Centex Citizens Credit Union during 2022 was $32,806. There are 43 employees and 8 volunteers at Centex Citizens Credit Union.


Here are 13 key members and their salaries (Centex Citizens Credit Union's CEO's salary is $101,653 and their total compensation is $114,168):


Richard Johnson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Wilson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Don Shivers (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Mcdonald (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Waggener (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Joe Saucedo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Busby Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Vaughn (Director (Until 3/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Tami Griffin (President/Ceo)
  • Compensation: $101,653
  • Related: $0
  • Other: $12,515
Ariel Minchew (Vp Of Accounting)
  • Compensation: $65,836
  • Related: $0
  • Other: $10,867
Brandi Jones (Vp Of Operations/Lending)
  • Compensation: $64,323
  • Related: $0
  • Other: $10,798
Latonya Molina (Vp Of Administration)
  • Compensation: $59,878
  • Related: $0
  • Other: $10,502
Camesha Busby (Vp Marketing)
  • Compensation: $66,711
  • Related: $0
  • Other: $10,816


Official website here: www.myowncu.com

Where can I find the form 990 for Centex Citizens Credit Union?

Centex Citizens Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.myowncu.com

Learn more at the official website: www.myowncu.com

Mission Statement of Centex Citizens Credit Union

Centex Citizens Credit Union, a cooperative thrift institution, is dedicated to fulfilling the financial needs of its members with excellence and innovative technology. The organization's mission is threefold: to deliver top-notch service, promote financial strength, and ensure security and stability. It achieves this by offering a variety of share accounts, including member savings accounts that pay dividends quarterly and provide access through various channels such as the main office, branch locations, internet banking, telephone, audio response, and ATMs. The credit union also has a youth savings program designed to encourage consistent savings habits. With over 11,150 members, Centex Citizens Credit Union is committed to serving its community by meeting their financial needs with quality service and innovative technology.

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Impact




October, 2024

Centex Citizens Credit Union significantly impacts its community by providing accessible financial services tailored to the needs of its 11,150 members. As a cooperative thrift institution based in Mexia, TX, it emphasizes quality service while leveraging innovative technology. Members of all ages can benefit from share accounts that pay quarterly dividends, promoting a culture of savings.

The credit union supports financial literacy and responsible money management through its youth savings program, encouraging younger members to develop consistent savings habits early on. With various access options—through in-person visits, online banking, and ATMs—Centex Citizens Credit Union ensures that its services are convenient and user-friendly.

The organization prioritizes financial strength, security, and stability, creating a trustworthy environment for its members. By aligning its operations with community needs, Centex Citizens Credit Union contributes positively to the economic well-being of its members and the broader community in Mexia, TX.




This information is meant to be a general summary of Centex Citizens 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
$5,598,323 (2022)
Expenses
$4,655,309 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $425,479
  • Program Service Revenue: $4,942,098
  • Gross Receipts: $5,598,323

Assets and Liabilities:

  • Total Assets: $94,824,828
  • Total Liabilities: $79,623,393
  • Net Assets: $15,201,435

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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

$3,105,038

FEE INCOME

Revenue

$1,070,519

DEBIT CARD INCOME

Revenue

$699,902

INSURANCE INCOME

Revenue

$66,639

Organization Details

Founding Year

1954

Principal Officer

Tami Griffin

Main Address

PO BOX 1252, MEXIA, TX, 76667

NTEE Category

Code: W60 - Public benefit

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