EIN 75-0751106

United Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
11
City
State
Year formed
1932
Most recent tax filings
2022-12-01
Description
United Credit Union offers a cooperative, membership-owned, non-profit service that provides full financial services to its members. The credit union prioritizes technology services, such as online banking and online loans, to keep up with constantly evolving technologies. In addition, United Credit Union offers term share accounts which require specific periods of deposit and offer a higher earning rate for its members.
Related structure
United Credit Union is child organization, under the parent exemption from Credit Union Department of Texas.
Total revenues
$1,414,983
2022
Total expenses
$1,338,372
2022
Total assets
$30,228,000
2022
Num. employees
11
2022

Program areas at United Credit Union

Accounts: certificate term share accounts: term share certificates are savings accounts that are placed on deposit for specific periods of time. They have a higher earning rate for members due to the required time frame to remain on deposit. Removal before maturity results in a penalty. Term share certificates are the largest account expense savings and checking.
Technology services: technology in todays age is always changing and growing each year. This causes the expense to be quite large in order to stay current with todays wants and needs for members. The technology services include online banking, online loan applications, online secured docusign, online mobile deposit, bill pay and estatement. The technology also must be updated and upgraded to ensure that they are secure and working properly.
Loans: residential mortgage, vehicle, personal and Credit card loans are all offered. Related services such as Credit life, Credit disability, dent guard, mechanical repair coverage, and gap are all also offered.
Other program services

Personnel at United Credit Union

NameTitleCompensation
Sherri McElyeaPresident$81,223
Lora SavoieSecretary - Treasurer / Board Member$0
Nancy ParkerCredit Committee / Vice Chairman$0
David AdamsChairman / Board Member$0
Cameron AndersonVice President$55,259
...and 3 more key personnel

Financials for United Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$1,357,837
Investment income and dividends$57,146
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$1,414,983

Form 990s for United Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-09990View PDF
2021-122022-11-14990View PDF
2020-122021-11-03990View PDF
2019-122020-10-08990View PDF
2018-122019-09-14990View PDF
...and 9 more Form 990s

Organizations like United Credit Union

OrganizationLocationRevenue
Alamo City Credit UnionSan Antonio, TX$667,661
Caprock Santa Fe Credit UnionSlaton, TX$2,398,210
Dallas Up Employees Credit UnionDallas, TX$1,143,513
My Credit UnionHaslet, TX$2,959,002
Grand Prairie Credit UnionGrand Prairie, TX$680,722
Galveston Government Employees Credit UnionDickinson, TX$451,340
Ward County Credit UnionMonahans, TX$640,973
A New Direction Credit UnionDallas, TX$860,210
Tyler City Employees Credit UnionTyler, TX$1,380,695
Lubrizol Employees Credit UnionDeer Park, TX$1,955,515
Data update history
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
June 24, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 10, 2023
Received grants
Identified 1 new grant, including a grant for $5,882 from Cornerstone Credit Union Foundation
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
4901 Old Jacksonville Hwy
Tyler, TX 75703
Metro area
Tyler, TX
County
Smith County, TX
Website URL
unitedcu.coop/ 
Phone
(903) 595-3604
IRS details
EIN
75-0751106
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1932
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
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