Program areas at Fivepoint Credit Union
Interest incurred on member deposits approximated $11,998,000 during the year ended december 31, 2023.
Home banking provided to the membership represented a cost of approximately $1,394,000 incurred during the year ended december 31, 2023.
Atm services provided to the membership represented approximately $1,925,000 of total expenses incurred during the year ended december 31, 2023.
Grants made by Fivepoint Credit Union
Personnel at Fivepoint Credit Union
| Name | Title | Compensation | Date of data |
|---|
| Erik Shaw | Chief Executive Officer | $534,478 | 2024-11-07 |
| Kristen Bellanger | Chief Operating Officer and Executive Vice President / Senior Vice President , Operations | $311,677 | 2023-12-31 |
| Chasidy Bohanan | Vice President Operations | $177,235 | 2022-12-31 |
| Karen Blum | Vice President Marketing | $154,762 | 2023-12-31 |
| Marla Rucker | Vice President It | $170,787 | 2022-12-31 |
| ...and 7 more key personnel |
Financials for Fivepoint Credit Union
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $54,976,856 | $46,755,776 | 17.6% |
| Investment income and dividends | $3,579,029 | $2,662,413 | 34.4% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $191,250 | $0 | 999% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $91,240 | $15,562 | 486.3% |
| Total revenues | $58,838,375 | $49,433,751 | 19% |
Organizations like Fivepoint Credit Union
| Organization | Type | Location | Revenue |
|---|
| Brazos Valley Schools Credit Union (BVSCU) | 501(c)(14) | Katy, TX | $45,539,811 |
| Credit Union of Texas | 501(c)(14) | Allen, TX | $187,593,111 |
| Velocity Credit Union | 501(c)(14) | Austin, TX | $55,312,889 |
| CoastLife Credit Union | 501(c)(14) | Corpus Christi, TX | $26,050,682 |
| Datcu Credit Union | 501(c)(14) | Corinth, TX | $83,447,213 |
| First Community Credit Union | 501(c)(14) | Houston, TX | $143,513,383 |
| MCT Credit Union | 501(c)(14) | Port Neches, TX | $20,307,574 |
| East Texas Professional Credit Union | 501(c)(14) | Longview, TX | $67,204,448 |
| Texas Bay Area Credit Union | 501(c)(14) | Houston, TX | $59,286,481 |
| Unity One Credit Union | 501(c)(14) | Fort Worth, TX | $16,759,480 |
Data update history
January 18, 2024
Updated personnel
Identified 2 new personnel
January 13, 2024
Posted financials
Added Form 990 for fiscal year 2022
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 4 new vendors, including , , , and
July 7, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
Provides scholarships
General information
- Address
- PO Box 1366
- Nederland, TX 77627
- Metro area
- Beaumont-Port Arthur, TX
- County
- Jefferson County, TX
- Website URL
- 5pointcu.org/Â
- Phone
- (409) 726-8300
IRS details
- EIN
- 74-1109889
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1935
- 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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