Program areas at MCU
Share account: Credit Union's share account offer advantages to members of all ages, Credit Union had 10,572 members as of december 31, 2022. Members savings account pay monthly dividends. Members can use the home banking and mobile banking via internet or telephone automated line to check their accounts.the branch network and atm's are worldwide. Special account for minors to encourage consistent savings habits. Members can join christmas and vacation club accounts.
Loan: Credit Union has provided vehicle loans since its early years. Other product lines now includes efficient underwriting and flexible offerings for recreational vehicles, boat and motor cycles. Members can have life and disability insurance available on any of these loan types.
Checking account: Credit Union provides checking accounts for members with various features from free checking account to those with enhanced benefits. Most offer dividends that pay monthly. The Credit Union extends these accounts to all the members with free debit card, online banking access, mobile app, free remote deposit and bill pay services.
Information technology, marketing , compensation and benefits
Personnel at MCU
| Name | Title | Compensation | Date of data |
|---|
| Thomas Rogers | Chief Executive Officer | $181,053 | 2022-12-31 |
| Robyn Olive | Executive Vice President | $137,999 | 2023-05-08 |
Financials for MCU
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $4,845,493 | $4,791,985 | 1.1% |
| Investment income and dividends | $218,405 | $40,288 | 442.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $1,209,230 | $946,333 | 27.8% |
| Total revenues | $6,273,128 | $5,778,606 | 8.6% |
Organizations like MCU
| Organization | Type | Location | Revenue |
|---|
| MCT Credit Union | 501(c)(14) | Port Neches, TX | $17,733,954 |
| Capitol Credit Union (CCU) | 501(c)(14) | Austin, TX | $9,538,813 |
| Caprock Santa Fe Credit Union | 501(c)(14) | Slaton, TX | $2,398,210 |
| My Credit Union | 501(c)(14) | Haslet, TX | $2,959,002 |
| Service 1ST Credit Union | 501(c)(14) | Greenville, TX | $2,688,265 |
| Fort Worth City Credit Union | 501(c)(14) | Fort Worth, TX | $11,089,026 |
| Cabot Community Credit Union | 501(c)(14) | Pampa, TX | $2,096,070 |
| Freestone Credit Union | 501(c)(14) | Teague, TX | $2,262,020 |
| Mobility Credit Union | 501(c)(14) | Irving, TX | $15,048,895 |
| SPCO Credit Union | 501(c)(14) | Houston, TX | $2,308,507 |
Data update history
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 2 new personnel
April 3, 2022
Posted financials
Added Form 990 for fiscal year 2020
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
October 4, 2019
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
- Address
- 7789 SW Frwy Suite 175
- Houston, TX 77074
- Metro area
- Houston-The Woodlands-Sugar Land, TX
- County
- Harris County, TX
- Website URL
- memorialcu.org/
- Phone
- (713) 778-6300
- Facebook page
- MemorialCreditUnion
- Twitter profile
- @memorialcu
IRS details
- EIN
- 74-1240617
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1953
- 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 MCU has new information, or want to find more organizations like Memorial Credit Union (MCU)?
Create free Cause IQ account