Overview
What is First Service Credit Union?
First Service Credit Union is a cooperative credit union located in Houston, Texas, with an address at 16430 Park Ten Place, ZIP code 77084. With a membership of over 94,000 individuals as of December 31, 2022, this credit union offers savings accounts that pay dividends on a monthly basis. Members can access these accounts through the branch network, home banking, telephone, mobile devices, and ATMs. In addition to basic savings accounts, First Service Credit Union also provides special savings accounts designed for children and teenagers to foster consistent savings habits. The credit union employs a team of 363 individuals dedicated to providing financial products and services to its members.
Official website here: www.fscu.com
What are the reviews and ratings of this charity?
First Service Credit Union is not currently rated on Charity Navigator due to its status as a non-501(c)(3) organization. Charity Navigator requires nonprofits to be registered as 501(c)(3) entities in order to evaluate them based on various methodologies such as Accountability & Finance and Impact & Measurement. This lack of rating is not indicative of the organization's performance, as it simply means an evaluation has not been conducted.
The lack of available financial and operational data, such as revenue, expenses, and leadership salaries, further limits any comprehensive assessment by Charity Navigator. This information is typically derived from a Form 990, which First Service Credit Union does not file due to its legal structure. Consequently, any historical ratings that might have been available for the credit union would primarily reflect the Accountability & Finance score.
Regarding user reviews on GreatNonprofits, there are none available for First Service Credit Union. Therefore, public sentiment or feedback from members and beneficiaries cannot be gauged from this platform. Such reviews could provide additional context about the organization's services and impact on its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is First Service Credit Union legitimate?
First Service Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. First 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: $4,277,471
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,601,203
For more financial information, click here
Official website here: www.fscu.com
What is the mission statement of First Service Credit Union?
First Service Credit Union functions as a cooperative institution, catering to its members by offering a range of financial products and services. With over 94,000 members as of the end of 2022, this credit union provides accessibility through various channels. Members can access their savings accounts through branches, home banking, telephone, mobile devices, and ATMs. In addition, the credit union offers special savings accounts tailored to children and teenagers, encouraging the development of consistent savings habits. The mission of First Service Credit Union encompasses serving its members and providing them with the necessary financial tools.
Official website here: www.fscu.com
Who is the CEO of First Service Credit Union?
David Bleazard is the President/Ceo of First Service Credit Union. The CEO's salary of First Service Credit Union is $1,518,560 and their total compensation is $1,722,307.
Official website here: www.fscu.com
What is the revenue of First Service Credit Union?
First Service Credit Union's revenue in 2022 was $71,188,784.
Official website here: www.fscu.com
Who are the executives of First Service Credit Union and what are their salaries?
The average compensation at First Service Credit Union during 2022 was $54,762. There are 363 employees and 12 volunteers at First Service Credit Union.
Here are 24 key members and their salaries (First Service Credit Union's CEO's salary is $1,518,560 and their total compensation is $1,722,307):
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,518,560
- Related: $0
- Other: $203,747
- Compensation: $241,990
- Related: $0
- Other: $25,611
- Compensation: $277,379
- Related: $0
- Other: $77,446
- Compensation: $238,482
- Related: $0
- Other: $80,885
- Compensation: $258,545
- Related: $0
- Other: $50,285
- Compensation: $250,332
- Related: $0
- Other: $30,927
- Compensation: $171,689
- Related: $0
- Other: $23,687
- Compensation: $169,771
- Related: $0
- Other: $17,104
- Compensation: $221,704
- Related: $0
- Other: $28,099
- Compensation: $176,921
- Related: $0
- Other: $5,740
- Compensation: $189,046
- Related: $0
- Other: $19,521
- Compensation: $197,149
- Related: $0
- Other: $12,530
- Compensation: $158,097
- Related: $0
- Other: $3,332
- Compensation: $146,246
- Related: $0
- Other: $14,503
- Compensation: $158,097
- Related: $0
- Other: $1,682
- Compensation: $128,346
- Related: $0
- Other: $23,635
Official website here: www.fscu.com
Where can I find the form 990 for First Service Credit Union?
First Service Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fscu.com
Learn more at the official website: www.fscu.com
Mission Statement of First Service Credit Union
First Service Credit Union, a cooperative financial institution, is dedicated to offering financial products and services to its member base. With over 94,051 members as of December 31, 2022, this credit union aims to provide accessibility and convenience for savers of all ages. Members can take advantage of savings accounts that yield monthly dividends, accessing their funds through a branch network, home banking, telephone, mobile devices, and ATMs. First Service Credit Union further encourages children and teenagers to develop consistent savings habits by offering special savings accounts tailored to their age group.
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Impact
October, 2024
First Service Credit Union provides significant financial support and resources to its members, fostering economic growth and stability within the community. With a membership base of 94,051 as of December 31, 2022, it offers a variety of financial products and services, including savings accounts that pay monthly dividends.
The credit union's commitment to accessibility is evident through its extensive branch network, which includes a nationwide shared branching system, allowing members to manage their finances conveniently. Additionally, members can utilize home banking, mobile devices, telephone services, and ATMs for easy access to their accounts.
First Service Credit Union also emphasizes financial literacy and savings habits among younger generations by providing special savings accounts tailored for children and teenagers. This initiative not only encourages consistent saving but also helps instill a sense of financial responsibility from an early age, contributing to the overall economic well-being of the community in Houston, Texas, and beyond.
This information is meant to be a general summary of First 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,200,036
- Program Service Revenue: $68,913,465
- Gross Receipts: $84,586,240
Assets and Liabilities:
- Total Assets: $1,392,074,135
- Total Liabilities: $1,259,395,104
- Net Assets: $132,679,031
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$44,944,564
OTHER OPERATING INCOME
Revenue
$13,495,322
OTHER FEES & CHARGES
Revenue
$10,473,579
Organization Details
Founding Year
1977
Phone
(713) 676-8944Principal Officer
David Bleazard
Main Address
16430 PARK TEN PLACE, HOUSTON, TX, 77084
Website
www.fscu.comNTEE Category
Code: W60 - Public benefit
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