Overview
What is Hwy District 2 Credit Union?
Hwy District 2 Credit Union is a member-focused financial institution located at 6112 McCart Ave Suite 205, Fort Worth, Texas 76133. Established with a mission to encourage savings, provide affordable credit, and empower members to manage their finances, the credit union boasts a membership base of 717 individuals as of December 31, 2022. Members benefit from share accounts that offer quarterly dividends, with the average return on demand accounts standing at 0.1737%. The credit union's staff consists of just two dedicated professionals committed to serving its clientele.
Official website here: www.dist2cu.com
Is Hwy District 2 Credit Union legitimate?
Hwy District 2 Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Hwy District 2 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: $103,732
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.dist2cu.com
What is the mission statement of Hwy District 2 Credit Union?
The Hwy District 2 Credit Union's mission is centered around fostering thrift and serving as a reliable source of credit, offering loans at reasonable interest rates. They aim to provide their members with the opportunity to manage and utilize their funds effectively, ultimately improving their financial situation. The credit union's activities include offering share accounts that yield quarterly dividends to its members, with an average rate of 0.1737% as of December 31, 2022.
Official website here: www.dist2cu.com
Who is the CEO of Hwy District 2 Credit Union?
Dania Kolailat is the President/Manager of Hwy District 2 Credit Union.
Official website here: www.dist2cu.com
What is the revenue of Hwy District 2 Credit Union?
Hwy District 2 Credit Union's revenue in 2022 was $181,187.
Official website here: www.dist2cu.com
Who are the executives of Hwy District 2 Credit Union and what are their salaries?
The average compensation at Hwy District 2 Credit Union during 2022 was $51,866. There are 2 employees and 7 volunteers at Hwy District 2 Credit Union.
Here are 8 key members and their salaries:
- Compensation: $64,000
- 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.dist2cu.com
Where can I find the form 990 for Hwy District 2 Credit Union?
Hwy District 2 Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dist2cu.com
Learn more at the official website: www.dist2cu.com
Mission Statement of Hwy District 2 Credit Union
Hwy District 2 Credit Union is dedicated to promoting thrift and financial responsibility among its members. Its mission is to serve as a reliable source of credit, offering fair and reasonable interest rates. By doing so, the credit union provides its members with the opportunity to take control of their finances and improve their economic condition. This is achieved through the offer of share accounts, which reward members with quarterly dividends on their demand accounts. As of December 31, 2022, the credit union boasts a membership of 717 individuals who benefit from these financial advantages.
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Impact
October, 2024
Hwy District 2 Credit Union plays a significant role in fostering financial well-being among its members in Fort Worth, Texas. By encouraging thrift and providing access to credit at fair and reasonable interest rates, the credit union empowers its 717 members to manage their finances effectively and improve their economic situations. With share accounts that offer quarterly dividends averaging 0.1737%, Hwy District 2 Credit Union supports members of all ages in building savings and achieving their financial goals. Its commitment to enhancing the financial literacy and stability of its community helps promote a stronger, more resilient local economy.
This information is meant to be a general summary of Hwy District 2 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: $62,284
- Program Service Revenue: $118,558
- Gross Receipts: $181,187
Assets and Liabilities:
- Total Assets: $5,438,194
- Total Liabilities: $4,172,118
- Net Assets: $1,266,076
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest on Loan
Revenue
$110,019
Member fee and charges
Revenue
$8,539
Organization Details
Founding Year
1958
Phone
(817) 346-4920Principal Officer
Dania Kolailat
Main Address
6112 McCart Ave Suite 205, Fort Worth, TX, 76133
Website
www.dist2cu.comNTEE Category
Code: W60 - Public benefit
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