EIN 74-1137995

First Central Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
79
City
State
Year formed
1937
Most recent tax filings
2022-12-01
Description
First Central Credit Union cooperatively provides financial services to members with a commitment to delivering secure and competitive options. We offer checking accounts with a range of features, including rewards and interest-paying options.
Related structure
First Central Credit Union is child organization, under the parent exemption from Credit Union Department of Texas.
Total revenues
$11,296,325
2022
Total expenses
$9,450,076
2022
Total assets
$148,590,492
2022
Num. employees
79
2022

Program areas at First Central Credit Union

Member loans: First Central Credit Union provides vehicle loans, signature loans, home equity loans, real estate loans, and Credit cards. We utilize very efficient under writing procedures to provide reasonable and competitive rates to our members.
Share accounts: First Central Credit Union's share accounts offer advantages to members of all ages. The Credit Union had 19,214 member owned accounts as of december 31, 2022. Member savings accounts pay dividends quarterly. First Central Credit Union offers access through branches at different locations, home banking via the internet, telephone, and atm machines worldwide. We offer special savings accounts designed for children and teenagers to encourage the development of consistent spending habits.
Checking accounts: First Central Credit Union provides checking accounts for members with various features from free checking accounts to those with enhanced benefits such as checking accounts with monthly rewards. We do offer checking accounts that pay dividends 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 bill pay. Over 70% of the Credit Union's members have a checking account. First Central Credit Union also offers money market accounts.

Personnel at First Central Credit Union

NameTitleCompensation
Jo Betsy TylerPresident and Chief Executive Officer$262,850
Shelli McCoyChief Retail Officer
Orlando RodriguezSenior Account and Data Processing Manager$109,356
Nick CookSenior Member Services Manager
Linda GunnSenior Human Resource Manager and Trainer Hablamos
...and 1 more key personnel

Financials for First Central Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$125,000
Program services$10,204,543
Investment income and dividends$815,335
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$151,447
Total revenues$11,296,325

Form 990s for First Central Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-05990View PDF
2021-122023-10-06990View PDF
2021-122022-05-13990View PDF
2020-122021-11-08990View PDF
2019-122021-04-22990OView PDF
...and 9 more Form 990s

Organizations like First Central Credit Union

OrganizationLocationRevenue
Plus4 Credit UnionHouston, TX$9,356,644
Schlumberger Employees Credit UnionSugar Land, TX$30,696,831
My Community Credit UnionMidland, TX$35,098,716
Alliance Credit UnionLubbock, TX$32,897,518
Space City Credit UnionHouston, TX$8,290,817
USE Credit Union / U S Employees Credit UnionTomball, TX$3,694,785
City Credit UnionDallas, TX$32,829,451
Star Financial Credit UnionCorpus Christi, TX$2,951,819
Relyon Credit UnionKaufman, TX$7,689,603
Star of Texas Credit UnionAustin, TX$3,756,576
Data update history
November 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 29, 2023
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 30, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 26, 2023
Updated personnel
Identified 11 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsReceives government funding
General information
Address
6201 Sanger Ave
Waco, TX 76710
Metro area
Waco, TX
County
McLennan County, TX
Website URL
firstcentralcu.com/ 
Phone
(254) 776-9333
Facebook page
FirstCentralcu 
Twitter profile
@firstcentralcu 
IRS details
EIN
74-1137995
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1937
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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