EIN 75-0297300

Liberty One Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
31
State
Year formed
1935
Most recent tax filings
2023-12-01
Description
Libertyone One Credit Union strives to be the primary financial institution for its members. It offers automobile loans at lower rates than banks or other financial institutions and had 8,497 members with 2,708 auto loans as of December 31, 2017. The Credit Union provides first mortgages through a third-party service provider and reduces the quoted rate by .25% to assist its members. As of December 31, 2017, the Credit Union had 123 first mortgages with an outstanding balance. It is located in Arlington, TX.
Related structure
Liberty One Credit Union is child organization, under the parent exemption from Credit Union Department of Texas.
Total revenues
$7,167,751
2023
Total expenses
$6,942,756
2023
Total assets
$165,999,868
2023
Num. employees
31
2023

Program areas at Liberty One Credit Union

Libertyone Credit Union provides automobile loans to its members and we strive to keep our rates lower than banks or other financial institutions. As of december 31, 2017 the Credit Union had 8,497 members, with a total of 2,708 auto loans, carrying an outstanding balance of $46,629,528.
Libertyone Credit Union provides certificates of deposits to its members at higher than market rates. As of december 31, 2017 the Credit Union had 1,279 certificates of deposit with a carrying balance of $39,165,885.
Libertyone Credit Union provides 1st mortgages to its members through a third party sevice provider. Howver, we take .25% off the quoted rate in an effort to help our members. As of december 31, 2017 the Credit Union had 123 1st mortgages with an outstanding balance of $14,872,633.

Personnel at Liberty One Credit Union

NameTitleCompensation
Mike FunkPresident and Chief Executive Officer$290,101
Kim PurintunVice President of Executive Operations$141,568
Brad FergusonVice President of Member Services$132,178
Linda KunzeSecretary$0
Don RaweVice Chair$0
...and 5 more key personnel

Financials for Liberty One Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$6,727,016
Investment income and dividends$440,735
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$7,167,751

Form 990s for Liberty One Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-02990View PDF
2022-122023-05-08990View PDF
2021-122022-05-06990View PDF
2020-122021-06-30990View PDF
2019-122021-06-07990View PDF
...and 11 more Form 990s

Organizations like Liberty One Credit Union

OrganizationLocationRevenue
Texas Telcom Credit UnionDallas, TX$2,445,041
Scott and White Employees Credit UnionTemple, TX$3,399,230
Lubrizol Employees Credit UnionDeer Park, TX$2,363,588
Caprock Santa Fe Credit UnionSlaton, TX$2,398,210
Fort Worth City Credit UnionFort Worth, TX$12,382,767
My Credit UnionHaslet, TX$3,390,223
Southwest Heritage Credit UnionOdessa, TX$13,841,613
RGV Credit UnionHarlingen, TX$7,638,833
Midland Teachers Credit Union (MTCU)Midland, TX$8,352,706
Hockley County School Employees Credit UnionLevelland, TX$2,203,616
Data update history
July 14, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 2 new personnel
January 10, 2022
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
2221 E Lamar Blvd
Arlington, TX 76006
Metro area
Dallas-Fort Worth-Arlington, TX
County
Tarrant County, TX
Website URL
libertyonecu.com/ 
Phone
(214) 413-5588
IRS details
EIN
75-0297300
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1935
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
Free account sign-up

Want updates when Liberty One Credit Union has new information, or want to find more organizations like Liberty One Credit Union?

Create free Cause IQ account