Overview
What is City Credit Union?
City Credit Union, located in Dallas, Texas (7474 Ferguson Road, ZIP code 75228), is a cooperative financial institution with a membership of 34,883. As a member of the National Credit Union Administration, City Credit Union offers various financial products and services, including loans and deposit accounts. Their mission is to provide these essential financial solutions to their members. The institution, staffed by 131 employees, aims to enhance the financial wellbeing of its members by delivering a range of credit union offerings.
Official website here: www.citycu.org
Is City Credit Union legitimate?
City Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. City 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: $2,333,544
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,144,442
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Official website here: www.citycu.org
What is the mission statement of City Credit Union?
City Credit Union functions as a cooperative thrift institution and is a member of the National Credit Union Administration. Its primary mission is to offer loans, deposit accounts, and various financial products and services to its membership base, currently numbering 34,883 individuals. City Credit Union aims to serve its members by providing them with access to essential financial resources and contributing to their financial well-being. As a cooperative, it fosters a sense of community and collaboration among its members, creating a supportive financial ecosystem. The organization's membership in the National Credit Union Administration adds an additional layer of security and regulatory oversight to its operations.
Official website here: www.citycu.org
Who is the CEO of City Credit Union?
Sharon Moore is the CEO of City Credit Union The CEO's salary of City Credit Union is $812,392 and their total compensation is $851,072.
Official website here: www.citycu.org
What is the revenue of City Credit Union?
City Credit Union's revenue in 2023 was $36,546,040.
Official website here: www.citycu.org
Who are the executives of City Credit Union and what are their salaries?
The average compensation at City Credit Union during 2023 was $64,227. There are 132 employees and 8 volunteers at City Credit Union.
Here are 18 key members and their salaries (City Credit Union's CEO's salary is $812,392 and their total compensation is $851,072):
- Compensation: $812,392
- Related: $0
- Other: $38,680
- Compensation: $366,507
- Related: $0
- Other: $31,832
- Compensation: $350,841
- Related: $0
- Other: $31,230
- Compensation: $324,777
- Related: $0
- Other: $30,438
- Compensation: $317,461
- Related: $0
- Other: $29,386
- Compensation: $157,246
- Related: $0
- Other: $11,711
- Compensation: $138,462
- Related: $0
- Other: $10,871
- Compensation: $130,044
- Related: $0
- Other: $10,091
- Compensation: $118,683
- Related: $0
- Other: $9,736
- Compensation: $110,507
- Related: $0
- Other: $9,471
- 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
Official website here: www.citycu.org
Where can I find the form 990 for City Credit Union?
City Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.citycu.org
Learn more at the official website: www.citycu.org
Mission Statement of City Credit Union
City Credit Union, a cooperative thrift institution, serves a membership base of 34,883 individuals. As a member of the National Credit Union Administration, this financial institution is dedicated to providing loans, deposit accounts, and various financial products and services to its members.
City Credit Union's primary focus is on cooperation and member-centric values. It offers its members access to a range of financial solutions, allowing them to manage their money effectively and build a secure financial future. The institution's commitment to its members goes beyond just financial services, creating a sense of community and trust among its members.
City Credit Union's mission is centered around providing valuable financial services to its cooperative membership. By being a part of this financial cooperative, members have a say in the organization's direction and can benefit from its collective strength. The institution's dedication to its members ensures that they receive competitive rates, personalized service, and a commitment to their financial well-being. With a strong focus on collaboration and member satisfaction, City Credit Union continues to empower its members to achieve their financial goals.
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Impact
October, 2024
City Credit Union plays a significant role in the financial well-being of its members in Dallas, TX. By offering a range of services, including loans and deposit accounts, it directly supports the financial needs of its 34,883 members. The organization operates as a cooperative, fostering a sense of community and mutual benefit among its membership. With a commitment to responsible lending and financial education, City Credit Union empowers its members to make informed financial decisions. Its affiliation with the National Credit Union Administration ensures a regulated and secure environment for members to grow their savings and access affordable credit. Through these efforts, City Credit Union contributes to the overall economic strength and stability of the local community.
This information is meant to be a general summary of City 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 2023.
- Investment Income: $4,867,111
- Program Service Revenue: $31,210,316
- Gross Receipts: $36,546,040
Assets and Liabilities:
- Total Assets: $621,218,086
- Total Liabilities: $556,428,701
- Net Assets: $64,789,385
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS TO MEMBERS
Revenue
$22,056,604
FEES AND CHARGES
Revenue
$7,502,560
INSURANCE COMMISSION
Revenue
$1,397,824
OTHER NON-INTEREST INCOME
Revenue
$253,328
Organization Details
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