Overview
What is Texoma Community Credit Union?
Texoma Community Credit Union is a credit union based in Wichita Falls, Texas, with over 24,000 member-owners as of December 31, 2022. The financial institution offers various share accounts to its members, including those for children, that pay dividends quarterly. Members can access their savings accounts through two local offices, internet banking, or telephone banking. The Credit Union has a total workforce of 87 employees. Texoma Community Credit Union's primary activity revolves around providing financial services to its members.
Official website here: www.texomacu.com
What are the reviews and ratings of this charity?
Texoma Community Credit Union is not currently rated by Charity Navigator due to its status as a non-501(c)(3) organization. Charity Navigator evaluates only those nonprofits registered under section 501(c)(3) with the IRS, thus excluding organizations like Texoma Community Credit Union from their rating system.
Without a formal rating, insights into Texoma Community Credit Union's performance, particularly in areas such as financial accountability or community impact, remain limited. Charity Navigator cannot assess this organization using its standard methodologies, which highlights a gap in available third-party evaluations for those seeking a structured review.
The absence of user reviews on GreatNonprofits further limits publicly available feedback regarding the community's perception of Texoma Community Credit Union. Without input from users or clients, potential stakeholders may find it challenging to gauge the credit union's community presence or service impact from public sources alone.
This AI summary has been generated from information found on Charity Navigator.
Is Texoma Community Credit Union legitimate?
Texoma Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Texoma Community 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: $735,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,736,444
For more financial information, click here
Official website here: www.texomacu.com
What is the mission statement of Texoma Community Credit Union?
Texoma Community Credit Union is dedicated to delivering financial services to its members. The institution prides itself on offering savings accounts that provide dividends and flexibility, with members having the option to access their accounts through local offices, online banking, or ATMs globally. The credit union also caters to younger members with special savings accounts designed to foster healthy saving habits. Overall, Texoma Community Credit Union aims to provide comprehensive financial services to its diverse member base.
Official website here: www.texomacu.com
Who is the CEO of Texoma Community Credit Union?
John Buckley is the Coo of Texoma Community Credit Union. The CEO's salary of Texoma Community Credit Union is $211,276 and their total compensation is $422,552.
Official website here: www.texomacu.com
What is the revenue of Texoma Community Credit Union?
Texoma Community Credit Union's revenue in 2022 was $16,333,220.
Official website here: www.texomacu.com
Who are the executives of Texoma Community Credit Union and what are their salaries?
The average compensation at Texoma Community Credit Union during 2022 was $51,396. There are 87 employees and 12 volunteers at Texoma Community Credit Union.
Here are 16 key members and their salaries (Texoma Community Credit Union's CEO's salary is $211,276 and their total compensation is $422,552):
- Compensation: $222,967
- Related: $0
- Other: $222,967
- Compensation: $212,157
- Related: $0
- Other: $212,157
- Compensation: $211,276
- Related: $0
- Other: $211,276
- Compensation: $205,712
- Related: $0
- Other: $205,712
- Compensation: $166,141
- Related: $0
- Other: $166,141
- Compensation: $115,931
- Related: $0
- Other: $115,931
- Compensation: $112,336
- Related: $0
- Other: $112,336
- Compensation: $109,178
- Related: $0
- Other: $109,178
- Compensation: $104,446
- Related: $0
- Other: $104,446
- 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.texomacu.com
Where can I find the form 990 for Texoma Community Credit Union?
Texoma Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.texomacu.com
Learn more at the official website: www.texomacu.com
Mission Statement of Texoma Community Credit Union
Texoma Community Credit Union, with over 24,000 member-owners, is dedicated to providing a range of credit union financial services. In simpler terms, this financial institution is committed to helping its members manage and grow their money. The credit union's share accounts, available to individuals of all ages, offer several advantages. Members' savings accounts yield quarterly dividends, providing an added financial benefit. Access to these accounts is convenient, with options including two local offices, online banking, and telephone banking, as well as ATMs located worldwide. Furthermore, Texoma Community Credit Union offers special savings accounts tailored for children, promoting healthy savings habits from an early age.
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Impact
October, 2024
Texoma Community Credit Union (TCCU) plays a significant role in enhancing the financial well-being of its community through a range of credit union services. With over 24,000 member-owners as of December 31, 2022, TCCU is dedicated to providing accessible banking options that foster savings and financial growth across all age groups.
Members benefit from share accounts that not only promote savings but also yield quarterly dividends, making it easier for individuals and families to achieve their financial goals. The convenience of banking through two local offices, online services, telephone access, and worldwide ATMs ensures members can manage their finances easily and securely.
Additionally, TCCU focuses on cultivating financial habits in younger generations with special savings accounts tailored for children. This initiative encourages early financial literacy and the development of consistent savings practices, setting the stage for a more financially savvy community. Overall, Texoma Community Credit Union's commitment to its members and the public at large helps create a more financially empowered Wichita Falls, TX.
This information is meant to be a general summary of Texoma Community 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: $413,896
- Program Service Revenue: $13,129,878
- Gross Receipts: $16,360,842
Assets and Liabilities:
- Total Assets: $259,230,472
- Total Liabilities: $232,579,387
- Net Assets: $26,651,085
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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
$10,294,524
Member Fees & Charges
Revenue
$2,835,354
Organization Details
Founding Year
1953
Phone
(940) 851-4000Principal Officer
John Buckley
Main Address
PO Box 1320, Wichita Falls, TX, 76307
Website
www.texomacu.comNTEE Category
Code: W60 - Public benefit
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