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EIN 75-1058576

Central Texas Teachers Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
5
City
Corsicana
State
Texas
Year formed
1956
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
A cooperative, organized for the purpose of promoting thrift and savings among its members, creating a source of Credit for them at rates of interest set by the board of directors, and providing an opportunity for them to use and control their own money on a democratic basis in order to improve their economic and social conditions. As a cooperative, Central Texas Teachers Credit Union conducts its business for the mutual benefit and general welfare of its members with the earnings, savings, benefits, or services of the Credit Union being distributed to its members as patrons.
Related structure
Central Texas Teachers Credit Union is child organization, under the parent exemption from Credit Union Department of Texas.
Total revenues
$669,573
2023
Total expenses
$597,752
2023
Total assets
$14,690,883
2023
Num. employees
5
2023

Program areas at Central Texas Teachers Credit Union

The credit union's share accounts offer advantages to members of all ages. Member savings accounts pay dividends quarterly.
The credit union provides consumer life and disability insurance in conjunction with its vehicle loans.
The credit union provides vehicle loans. The consumer loan product line now includes efficient underwriting and flexible offerings for recreational vehicles, boats, and motorcycles.

Personnel at Central Texas Teachers Credit Union

NameTitleCompensation
Jim RevillPresident and Chief Executive Officer$76,420
Rick NewtonSecretary$0
Tom HerrinVice Chair$0
Lori HaynieBoard Chair$0
Sam ThompsonVice Chairperson$0
...and 1 more key personnel

Financials for Central Texas Teachers Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$587,125
Investment income and dividends$82,448
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$669,573

Form 990s for Central Texas Teachers Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-02-26990View PDF
2022-122023-02-24990View PDF
2021-122022-05-06990View PDF
2020-122021-05-09990View PDF
2019-122020-11-02990View PDF
...and 10 more Form 990s
Data update history
May 20, 2024
Updated personnel
Identified 1 new personnel
May 19, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 17, 2023
Posted financials
Added Form 990 for fiscal year 2022
April 9, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 486
Corsicana, TX 75151
County
Navarro County, TX
Phone
(903) 874-6361
IRS details
EIN
75-1058576
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1956
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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