Program areas at Wcu Credit Union
Code of Alabama, sec 5-17-1, states that a Credit Union is a cooperative society incorporated for the twofold purpose of promoting thrift among its members and creating a source of Credit for them at legitimate rates of interest. Wcu Credit Union, an Alabama state chartered Credit Union, was established to provide these services to its members who live, work, or worship in morgan and lawrence counties, Alabama, the immediate families of current members, and other such groups as are approved by the board of directors and the administrator of the Alabama Credit Union administration. As of december 31, 2022, the Credit Union had membership and provided services to approximately 3,482 members.
Personnel at Wcu Credit Union
| Name | Title | Compensation | Date of data |
|---|
| Steven Determan | Chief Executive Officer | $45,948 | 2023-10-31 |
| Christi R Thompson | Past President / Chief Executive Officer | $51,264 | 2022-12-31 |
| Deborah Morgan | Vice President Lending | $54,503 | 2020-12-31 |
Financials for Wcu Credit Union
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $1,433,001 | $1,252,585 | 14.4% |
| Investment income and dividends | $0 | $0 | - |
| 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 | $0 | $0 | - |
| Total revenues | $1,433,001 | $1,252,585 | 14.4% |
Organizations like Wcu Credit Union
| Organization | Type | Location | Revenue |
|---|
| Riverdale Credit Union | 501(c)(14) | Selma, AL | $6,293,291 |
| Birmingham City Credit Union | 501(c)(14) | Birmingham, AL | $966,521 |
| City Credit Union | 501(c)(14) | Tuscaloosa, AL | $821,644 |
| Alabama River Credit Union | 501(c)(14) | Monroeville, AL | $847,705 |
| L and N Employees Credit Union | 501(c)(14) | Birmingham, AL | $561,023 |
| Jefferson Credit Union | 501(c)(14) | Hoover, AL | $4,362,568 |
| North Alabama Educators Credit Union (NAECU) | 501(c)(14) | Huntsville, AL | $4,003,316 |
| Champion Community Credit Union | 501(c)(14) | Courtland, AL | $2,099,292 |
| Alabama Rural Electric Credit Union | 501(c)(14) | Montgomery, AL | $1,845,551 |
| Social Security Credit Union | 501(c)(14) | Birmingham, AL | $1,379,487 |
Data update history
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 18, 2024
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 14, 2023
Updated personnel
Identified 1 new personnel
May 9, 2023
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
- 2505 Hwy 31 South
- Decatur, AL 35603
- Metro area
- Decatur, AL
- County
- Morgan County, AL
- Website URL
- wcucu.com/wcu/
- Phone
- (256) 355-5010
IRS details
- EIN
- 63-0321814
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1948
- 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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