EIN 75-0905956

Cooperative Teachers Credit Union (CTCU)

IRS 501(c) type
501(c)(14)
Num. employees
33
City
State
Year formed
1953
Most recent tax filings
2022-12-01
Description
To create a thriving cooperative financial institution that will help our members achieve their financial goals by offering comprehensive financial products and services that they can receive in person, on-line or wherever they may be.
Related structure
CTCU is child organization, under the parent exemption from Credit Union Department of Texas.
Total revenues
$3,120,685
2022
Total expenses
$7,747,880
2022
Total assets
$124,846,227
2022
Num. employees
33
2022

Program areas at CTCU

Cooperative Teachers Credit Union's share accounts offer advantages to members of all ages. Members savings accounts pay dividends quartler and offer access through home banking via the internet or telephone, mobile banking, and atm's worldwide. Special savings accounts are designed for children to encourage the development of consistent savings habits.
Cooperative Teachers Credit Union has provided vehicle loans since its early years. The consumer loan product line now includes efficient underwritiing and flexible offering for recreational vehicles, boats, and motorcycles. Credit life and disability insurance is available on any of these loans.
Cooperative Teachers Credit Union provides checking accounts for members with various features, from free accounts to those that offer dividends that are paid quarterly. Additionally, the Credit Union extends the reach of these accounts by offering debit cards, internet account access, and an internet bill pay platform.

Personnel at CTCU

NameTitleCompensation
Timothy MillerPresident and Chief Executive Officer / Manager and Chief Executive Officer$192,250
Michael ArmstrongVice President of Accounting and Finance / Vice President Accounting and Finance$38,609
Tim MillerPresident
Mary FulmerVice President$84,358
Tim Miller PresidentPresident
...and 2 more key personnel

Financials for CTCU

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$5,854,978
Investment income and dividends$727,763
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$21,226
Net gain from sale of non-inventory assets$-3,483,282
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,120,685

Form 990s for CTCU

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-06-25990View PDF
2018-122019-10-29990View PDF
...and 8 more Form 990s
Data update history
December 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 5 new personnel
July 1, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
1424 WSW LP 323
Tyler, TX 75701
Metro area
Tyler, TX
County
Smith County, TX
Website URL
coopteachers.com/ 
Phone
(903) 561-2603
Facebook page
CTCUtyler 
Twitter profile
@ctcu_tyler 
IRS details
EIN
75-0905956
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 CTCU has new information, or want to find more organizations like Cooperative Teachers Credit Union (CTCU)?

Create free Cause IQ account