Community Service Credit Union

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

EIN: 741478219 ✦ Huntsville, TX ✦ Designated as a 501(c)(14)

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Overview

What is Community Service Credit Union?

Community Service Credit Union is a nonprofit financial institution based in Huntsville, Texas. It is a cooperative thrift organization, chartered by the state and insured by the National Credit Union Administration. The credit union's mission is to offer a variety of financial services to its members, ensuring they meet their financial needs while maintaining sound financial practices. With a strong emphasis on education, it provides financial literacy programs to both members and non-members, particularly focusing on the youth within the community. Members can access their accounts through various means, including the branch network, online banking, mobile banking, telephone, and ATMs. Community Service Credit Union currently employs 40 individuals, committed to improving the quality of life for its membership.


Official website here: www.cscutx.com

What do the Facebook reviews say about Community Service Credit Union?

86% of 40 reviewers on Facebook recommend Community Service Credit Union. Here is a summary of their reviews:

Many users express appreciation for the assistance they receive from the staff, highlighting their professionalism and support in financial matters such as vehicle refinancing. One reviewer mentioned that the help they got was a "tremendous blessing," indicating a high level of satisfaction with the services provided.

Overall, it seems that Community Service Credit Union has made a positive impression on those who have engaged with them, particularly in navigating financial options. The feedback signifies that clients feel supported and valued in their interactions with the organization.


This AI summary has been generated from reviews found on Facebook.

Is Community Service Credit Union legitimate?

Community Service Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Community Service 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: $870,352
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,357,846

For more financial information, click here


Official website here: www.cscutx.com

What is the mission statement of Community Service Credit Union?

The Community Service Credit Union's mission is centered around promoting and offering a variety of financial services to cater to its members' needs, all while maintaining sound financial practices for a robust capital structure. The credit union is committed to conducting continuous research and development programs to identify and fulfill the evolving needs of its members. It strives to provide its members with well-trained and courteous representatives to enhance their quality of life.


Official website here: www.cscutx.com

Who is the CEO of Community Service Credit Union?

Brenda Hooker is the Chief Executive Officer of Community Service Credit Union. The CEO's salary of Community Service Credit Union is $210,415 and their total compensation is $210,415.


Official website here: www.cscutx.com

What is the revenue of Community Service Credit Union?

Community Service Credit Union's revenue in 2022 was $8,942,744.


Official website here: www.cscutx.com

Who are the executives of Community Service Credit Union and what are their salaries?

The average compensation at Community Service Credit Union during 2022 was $55,705. There are 40 employees at Community Service Credit Union.


Here are 13 key members and their salaries (Community Service Credit Union's CEO's salary is $210,415 and their total compensation is $210,415):


Brenda Hooker (Chief Executive Officer)
  • Compensation: $210,415
  • Related: $0
  • Other: $0
Patsy Lindamood (Chief Financial Officer)
  • Compensation: $186,392
  • Related: $0
  • Other: $0
John Hendrick (Chief Lending Officer)
  • Compensation: $167,953
  • Related: $0
  • Other: $0
Carol Sullivan (Senior Loan Officer)
  • Compensation: $105,624
  • Related: $0
  • Other: $0
Jennifer Goodall (Chief Operations Officer)
  • Compensation: $104,828
  • Related: $0
  • Other: $0
Mary Dye (Chief Risk Officer)
  • Compensation: $95,139
  • Related: $0
  • Other: $0
Wayne Scott (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
S O Woods (Board Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Countz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Brown (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Burney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dewitt Oleinik (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fern Frosch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cscutx.com

Where can I find the form 990 for Community Service Credit Union?

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


Official website here: www.cscutx.com

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

Mission Statement of Community Service Credit Union

Community Service Credit Union, a cooperative thrift institution chartered by the State of Texas, is committed to promoting and providing a diverse array of financial services to cater to its membership's needs. The credit union adheres to prudent financial practices to ensure a robust capital structure. It continually invests in research and development programs to comprehend and address the evolving financial requirements of its members. The institution prides itself on training its staff to be courteous and knowledgeable, aiming to enhance the overall quality of life for its members.

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Impact




October, 2024

Community Service Credit Union significantly impacts the Huntsville, TX community by providing essential financial services tailored to its members' needs. With a mission focused on promoting sound financial practices and offering a variety of membership accounts, the Credit Union ensures that individuals have access to safe and reliable banking options.

As a cooperative thrift institution, Community Service Credit Union not only insures deposits through the National Credit Union Administration but also fosters financial literacy and education, particularly targeting youth in the community. This commitment to financial education empowers members and non-members alike to make informed decisions regarding their finances.

Through its accessible services—including branch visits, online banking, mobile banking, and ATMs—the Credit Union addresses the diverse needs of its members. Its continual research and development programs reflect a proactive approach in understanding community needs, which enhances overall quality of life by improving financial health and stability.

In essence, Community Service Credit Union acts as a cornerstone for financial support, education, and empowerment within the Huntsville community, contributing to the well-being and economic growth of its members.




This information is meant to be a general summary of Community Service 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
$8,942,744 (2022)
Expenses
$8,368,751 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $222,693
  • Program Service Revenue: $8,720,051
  • Gross Receipts: $8,942,744

Assets and Liabilities:

  • Total Assets: $134,601,898
  • Total Liabilities: $121,114,791
  • Net Assets: $13,487,107

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Total Interest on Loans

Revenue

$5,642,629

Total Fees and Charges

Revenue

$1,400,699

Total Other Income

Revenue

$1,455,453

Gain/Loss on Investment

Revenue

$233,722

Gain/Loss on Liquidation of Repos

Revenue

-$12,452

Organization Details

Founding Year

1954

Principal Officer

Brenda Hooker

Main Address

250 FM 2821 Road West, Huntsville, TX, 77320

NTEE Category

Code: W60 - Public benefit

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