Overview
What is Credit Union Of Texas?
Credit Union of Texas is a leading financial institution based in Allen, Texas, with a US address at 900 W Bethany Drive 500. They offer a wide range of financial products to their members, including various consumer loans and leases on new and used automobiles, motorcycles, boats, recreational vehicles, and motor homes, as well as unsecured loans, credit cards, and automobile leases. Insurance programs are also available for these products. Additionally, they provide savings products such as shares, share drafts, money market accounts, CDs, and IRAs. Their mission is to be a trusted financial partner for their members and the community, striving to identify their needs and provide progressive solutions through competitive products and prices. With a workforce of 804 employees, Credit Union of Texas aims to help members reach their financial goals.
Official website here: www.cutx.org
Is Credit Union Of Texas legitimate?
Credit Union Of Texas is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Union Of Texas 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: $8,006,764
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,140,743
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Official website here: www.cutx.org
What is the mission statement of Credit Union Of Texas?
The Credit Union of Texas aims to serve as a trusted financial partner for its members. By identifying their financial needs, the credit union offers progressive solutions through competitive products and prices, enabling members to reach their financial goals. They provide various consumer loans and leases, including for automobiles, motorcycles, boats, recreational vehicles, and motor homes, as well as unsecured loans, credit cards, and automobile leases. Insurance programs are also available on these loan products. The mission of the credit union is to cater to the financial requirements of its members and deliver suitable solutions.
Official website here: www.cutx.org
Who is the CEO of Credit Union Of Texas?
Vance E Pointer is the CEO of Credit Union Of Texas The CEO's salary of Credit Union Of Texas is $2,095,068 and their total compensation is $2,532,348.
Official website here: www.cutx.org
What is the revenue of Credit Union Of Texas?
Credit Union Of Texas's revenue in 2023 was $187,593,111.
Official website here: www.cutx.org
Who are the executives of Credit Union Of Texas and what are their salaries?
The average compensation at Credit Union Of Texas during 2023 was $54,937. There are 749 employees and 11 volunteers at Credit Union Of Texas.
Here are 27 key members and their salaries (Credit Union Of Texas's CEO's salary is $2,095,068 and their total compensation is $2,532,348):
- Compensation: $58,955
- Related: $0
- Other: $0
- Compensation: $52,641
- Related: $0
- Other: $0
- Compensation: $58,851
- Related: $0
- Other: $0
- Compensation: $52,207
- Related: $0
- Other: $0
- Compensation: $51,478
- Related: $0
- Other: $0
- Compensation: $53,928
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $54,278
- Related: $0
- Other: $0
- Compensation: $52,878
- Related: $0
- Other: $0
- Compensation: $51,128
- Related: $0
- Other: $0
- Compensation: $42,354
- Related: $0
- Other: $0
- Compensation: $2,095,068
- Related: $0
- Other: $437,280
- Compensation: $418,769
- Related: $0
- Other: $132,404
- Compensation: $459,520
- Related: $0
- Other: $131,556
- Compensation: $387,053
- Related: $0
- Other: $162,005
- Compensation: $361,415
- Related: $0
- Other: $137,420
- Compensation: $290,696
- Related: $0
- Other: $156,250
- Compensation: $324,306
- Related: $0
- Other: $26,622
- Compensation: $539,337
- Related: $0
- Other: $82,451
- Compensation: $307,512
- Related: $0
- Other: $50,028
- Compensation: $250,578
- Related: $0
- Other: $131,966
- Compensation: $1,441,463
- Related: $0
- Other: $3,462
- Compensation: $269,597
- Related: $0
- Other: $24,702
- Compensation: $327,700
- Related: $0
- Other: $36,675
- Compensation: $229,981
- Related: $0
- Other: $22,062
- Compensation: $250,542
- Related: $0
- Other: $7,880
- Compensation: $227,731
- Related: $0
- Other: $38,394
Official website here: www.cutx.org
Where can I find the form 990 for Credit Union Of Texas?
Credit Union Of Texas's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cutx.org
Learn more at the official website: www.cutx.org
Mission Statement of Credit Union Of Texas
Credit Union of Texas, a trusted financial partner for its members, strives to identify their needs and provide progressive solutions through a range of competitive financial products and prices. The institution offers various loans, including consumer loans for new and used automobiles, motorcycles, boats, recreational vehicles, and motor homes, as well as unsecured loans and credit cards, and automobile leases. Additionally, Credit Union of Texas provides insurance programs for these products.
The mission of Credit Union of Texas is to be more than just a financial institution. It aspires to go beyond offering financial products by understanding its members' requirements and delivering tailored solutions. By providing competitive prices and diverse product offerings, the credit union enables its members to reach their financial goals effectively.
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Impact
October, 2024
Credit Union of Texas significantly impacts its members and the community by providing a diverse range of financial products tailored to meet their needs. With offerings that include consumer loans, leases, and real estate loans, the organization makes it easier for individuals to acquire essential items such as vehicles, recreational vehicles, and homes. These financial solutions empower members to make significant life purchases and investments.
Additionally, Credit Union of Texas offers savings products like shares, share drafts, money market accounts, CDs, and IRAs, fostering a culture of saving and financial growth among its members. This holistic approach not only aids individuals in managing their finances but also contributes to the overall economic well-being of the community.
By striving to be a trusted financial partner, Credit Union of Texas focuses on progressive solutions that address the evolving needs of its members. The competitive products and prices they offer help members achieve their financial goals, ultimately strengthening the community's financial health and promoting a sense of collective responsibility. Through its efforts, Credit Union of Texas serves as a vital resource for financial education and support, ensuring that members can confidently navigate their financial journeys.
This information is meant to be a general summary of Credit Union Of Texas. 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 2023.
- Investment Income: $1,665,541
- Program Service Revenue: $165,253,009
- Gross Receipts: $195,722,344
Assets and Liabilities:
- Total Assets: $2,425,361,703
- Total Liabilities: $2,245,930,917
- Net Assets: $179,430,786
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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
$118,719,403
MEMBERS FEES & CHARGES
Revenue
$21,854,427
ATM/DEBIT INCOME
Revenue
$9,764,328
SERVICE REIMBURSEMENT
Revenue
$8,832,142
INSURANCE PRODUCTS
Revenue
$6,007,163
Organization Details
Founding Year
1931
Principal Officer
Vance E Pointer
Website
www.cutx.orgNTEE Category
Code: W60 - Public benefit
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