Program areas at MMCU
Share accounts: Metro Medical Credit Union's share accounts offer advantages to members of all ages. The Credit Union had 6,479 members with aggregate deposit balances that approximated $72,538,000 as of december 31, 2023. Member share accounts pay dividends quarterly and offer access through branch network, home banking via the internet or telephone, and atms. Christmas club savings accounts encourage the development of consistent savings habits for end of year expenses.
Consumer loans: Metro Medical Credit Union provides signature loans, property improvement loans and fixed home equity loans. Also, share secured loans are available at a reduced rate.
Checking accounts: Metro Medical Credit Union provides checking accounts with no monthly charge to consumers. Mmcu has 3,154 checking accounts. Dividends are paid monthly. Additionally, the Credit Union offers free debit cards and free home baking on these accounts. Internet bill pay is available for a nominal monthly charge. Approximately forty-nine percent of the Credit Union's members have a checking account.
Personnel at MMCU
| Name | Title | Compensation | Date of data |
|---|
| Michael Craig White | President and Chief Executive Officer | $176,656 | 2023-10-31 |
| Sherman Roberson | Vice President | $99,910 | 2022-12-31 |
| Mary Dolores Jarboe | President | $157,367 | 2014-12-31 |
Financials for MMCU
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $2,098,954 | $1,935,946 | 8.4% |
| Investment income and dividends | $947,066 | $852,505 | 11.1% |
| 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 | $0 | $0 | - |
| Total revenues | $3,046,020 | $2,788,451 | 9.2% |
Organizations like MMCU
| Organization | Type | Location | Revenue |
|---|
| Prestige Community Credit Union | 501(c)(14) | Dallas, TX | $7,572,443 |
| Eastex Credit Union | 501(c)(14) | Evadale, TX | $5,553,461 |
| Corner Stone Credit Union | 501(c)(14) | Lancaster, TX | $1,588,010 |
| Community Service Credit Union | 501(c)(14) | Huntsville, TX | $10,321,624 |
| Telco Plus Credit Union | 501(c)(14) | Longview, TX | $3,664,534 |
| Corpus Christi Postal Employees Credit Union | 501(c)(14) | Corpus Christi, TX | $984,623 |
| Texas DPS Credit Union | 501(c)(14) | Austin, TX | $4,064,571 |
| Westex Community Credit Union | 501(c)(14) | Kermit, TX | $11,043,399 |
| Brazos Community Credit Union | 501(c)(14) | Alvin, TX | $1,916,929 |
| Lone Star Credit Union | 501(c)(14) | Dallas, TX | $9,474,313 |
Data update history
January 18, 2024
Updated personnel
Identified 1 new personnel
January 13, 2024
Posted financials
Added Form 990 for fiscal year 2022
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 10, 2022
Used new vendors
Identified 1 new vendor, including
April 14, 2022
Updated personnel
Identified 2 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
- Address
- 8200 Brookriver Dr N 110
- Dallas, TX 75247
- Metro area
- Dallas-Fort Worth-Arlington, TX
- County
- Dallas County, TX
- Website URL
- mmcu.com/
- Phone
- (214) 630-0611
- Facebook page
- MetroMedicalCU
IRS details
- EIN
- 75-1249646
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1965
- 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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