Program areas at First Community Credit Union of Beloit
We funded $116,991,923 in loans during 2023. As of 12/31/2023 we had $53,696,226 in mortgages/home equity loans and $223,698,673 in consumer loans. We also had 1,478 Credit card accounts with our members at 12/31/23.we have deposit, transaction, and investment accounts with 29,500 members as of 12/31. During 2022 we opened 7,273 new deposit, transaction, and investment accounts.
First Community Credit Union supports the communities that we serve in many ways. This includes providing financial education in local school districts and donating time and money to many Community organizations. In 2023, we supported several food drives and local homeless shelters. We also employee bilingual staff in an effort to bring more Community members into the financial mainstream. Additionally, we host educational sessions for improving one's Credit score, buying a First home, and personal budgeting. As a member-owned cooperative, our focus is always on the members and communities that we serve.
Personnel at First Community Credit Union of Beloit
Name | Title | Compensation | Date of data |
---|
Jack Gill | President | $346,763 | 2023-05-12 |
Mark Hutchinson | Chief Financial Officer | $113,856 | 2022-12-31 |
Ryan Miller | Executive Vice President Operations | $168,473 | 2021-12-31 |
Shawna Sherry | Mortgage Originator | $104,359 | 2021-12-31 |
Roger Allen | Secretary | $0 | 2022-12-31 |
...and 3 more key personnel |
Financials for First Community Credit Union of Beloit
Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
---|
Total grants, contributions, etc. | $0 | $0 | - |
Program services | $16,384,527 | $12,284,684 | 33.4% |
Investment income and dividends | $600,079 | $216,665 | 177% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $-134,331 | $-33,004 | -307% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $16,850,275 | $12,468,345 | 35.1% |
Organizations like First Community Credit Union of Beloit
Organization | Type | Location | Revenue |
---|
Winnebago Community Credit Union (WCCU) | 501(c)(14) | Oshkosh, WI | $7,397,018 |
Glacier Hills Credit Union | 501(c)(14) | West Bend, WI | $9,272,339 |
Superior Choice Credit Union (SCCU) | 501(c)(14) | Superior, WI | $49,260,403 |
Oakdale Credit Union (OCU) | 501(c)(14) | Oakdale, WI | $5,526,779 |
Tomah Area Credit Union | 501(c)(14) | Tomah, WI | $4,837,364 |
Prime Financial Credit Union | 501(c)(14) | Cudahy, WI | $10,039,036 |
Arcadia Credit Union | 501(c)(14) | Arcadia, WI | $5,873,880 |
Shipbuilders Credit Union | 501(c)(14) | Manitowoc, WI | $5,888,328 |
Premier Financial Credit Union | 501(c)(14) | New Holstein, WI | $4,403,229 |
NEW Credit Union | 501(c)(14) | Oconto Falls, WI | $5,749,291 |
Data update history
August 11, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 1 new personnel
May 19, 2023
Updated personnel
Identified 4 new personnel
October 8, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
Hunger
Characteristics
State / local level
General information
- Address
- 1702 Park Ave
- Beloit, WI 53511
- Metro area
- Janesville-Beloit, WI
- County
- Rock County, WI
- Website URL
- firstccu.com/
- Phone
- (608) 362-9077
IRS details
- EIN
- 39-0269470
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1933
- 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 First Community Credit Union of Beloit has new information, or want to find more organizations like First Community Credit Union of Beloit?
Create free Cause IQ account