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
Name | Title | Compensation | Date of data |
---|
Jo Betsy Tyler | President and Chief Executive Officer | $262,850 | 2023-10-06 |
Shelli McCoy | Chief Retail Officer | | 2023-01-28 |
Orlando Rodriguez | Senior Account and Data Processing Manager | $109,356 | 2023-01-28 |
Nick Cook | Senior Member Services Manager | | 2023-01-28 |
Linda Gunn | Senior Human Resource Manager and Trainer Hablamos | | 2023-01-28 |
...and 1 more key personnel |
Financials for First Central Credit Union
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $125,000 | $1,826,265 | -93.2% |
Program services | $10,204,543 | $9,583,674 | 6.5% |
Investment income and dividends | $815,335 | $632,042 | 29% |
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 | $151,447 | $170,882 | -11.4% |
Total revenues | $11,296,325 | $12,212,863 | -7.5% |
Organizations like First Central Credit Union
Organization | Type | Location | Revenue |
---|
Plus4 Credit Union | 501(c)(14) | Houston, TX | $9,356,644 |
Schlumberger Employees Credit Union | 501(c)(14) | Sugar Land, TX | $30,696,831 |
My Community Credit Union | 501(c)(14) | Midland, TX | $35,098,716 |
Alliance Credit Union | 501(c)(14) | Lubbock, TX | $32,897,518 |
Space City Credit Union | 501(c)(14) | Houston, TX | $8,290,817 |
USE Credit Union / U S Employees Credit Union | 501(c)(14) | Tomball, TX | $3,694,785 |
City Credit Union | 501(c)(14) | Dallas, TX | $32,829,451 |
Star Financial Credit Union | 501(c)(14) | Corpus Christi, TX | $2,951,819 |
Relyon Credit Union | 501(c)(14) | Kaufman, TX | $7,689,603 |
Star of Texas Credit Union | 501(c)(14) | Austin, 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/Â
- Phone
- (254) 776-9333
- Facebook page
- FirstCentralcuÂ
- Twitter profile
- @firstcentralcuÂ
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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