Program areas at Concho Valley Credit Union
Share accountsconcho Valley Credit Union's share accounts offer advantages to members of all ages. The Credit Union had 1412 member-owner accounts on december 31, 2023. Member savings accounts pay dividends quarterly and offer access to home banking via the internet or telephone. Special savings accounts designed for children encourage the development of consistent savings habits.
Consumer loansconcho Valley Credit Union has provided new and used vehicle loans since its early years. The consumer loan product line now includes flexible offerings for recreational vehicles, boats, motorcycles, and personal loans. Consumer life and disability insurance is available on any of these loan types.
Share draft accounts (checking)concho Valley Credit Union provides free checking accounts for members and dividends are paid monthly. Additionally, the Credit Union extends the reach of these accounts to all members with free debit cards, internet account access, and free use of internet bill payer software.
Personnel at Concho Valley Credit Union
| Name | Title | Compensation | Date of data |
|---|
| Kimberly Perrine | President and Chief Executive Officer | $81,307 | 2023-04-10 |
| Anna Thomas | Treasurer | $0 | 2022-12-31 |
| Justin Ahlers | Vice - Chairperson | $0 | 2022-12-31 |
| Vona Hudson | Chairperson | $0 | 2022-12-31 |
| Cindy Baker | Vice President | $65,344 | 2022-12-31 |
| ...and 3 more key personnel |
Financials for Concho Valley Credit Union
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $620,107 | $557,675 | 11.2% |
| Investment income and dividends | $319,048 | $119,158 | 167.8% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $10,125 | $9,734 | 4% |
| 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 | $1,065 | $2,119 | -49.7% |
| Miscellaneous revenues | $34,825 | $43,582 | -20.1% |
| Total revenues | $985,170 | $732,268 | 34.5% |
Organizations like Concho Valley Credit Union
| Organization | Type | Location | Revenue |
|---|
| Sweetex Credit Union | 501(c)(14) | Longview, TX | $291,719 |
| Odessa City Employees Credit Union | 501(c)(14) | Odessa, TX | $758,885 |
| Star of Texas Credit Union | 501(c)(14) | Austin, TX | $3,756,576 |
| Star Financial Credit Union | 501(c)(14) | Corpus Christi, TX | $2,951,819 |
| Longview Consolidated Credit Union | 501(c)(14) | Longview, TX | $563,636 |
| First Class American Credit Union | 501(c)(14) | Fort Worth, TX | $2,986,795 |
| Highway District 19 Employees Credit Union | 501(c)(14) | Atlanta, TX | $392,003 |
| Trinity Valley Teacher Credit Union | 501(c)(14) | Palestine, TX | $946,207 |
| Trans Texas Southwest Credit Union | 501(c)(14) | San Angelo, TX | $2,617,758 |
| Edinburg Teachers Credit Union | 501(c)(14) | Edinburg, TX | $3,580,886 |
Data update history
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 8, 2023
Updated personnel
Identified 5 new personnel
February 4, 2023
Posted financials
Added Form 990 for fiscal year 2020
November 22, 2022
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
- Address
- 1002 S Abe
- San Angelo, TX 76903
- Metro area
- San Angelo, TX
- County
- Tom Green County, TX
- Website URL
- conchovalleycu.com/Â
- Phone
- (325) 658-7557
IRS details
- EIN
- 75-0776993
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1928
- 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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