EIN 56-1295697

Vizo Financial Corporate Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
186
Year formed
1980
Most recent tax filings
2023-12-01
Description
Vizo Financial offers credit unions liquidity, investment, and correspondent services with ALM and risk management consulting for successful cash flow.
Related structure
Vizo Financial Corporate Credit Union is child organization, under the parent exemption from State Chartered Credit Unions in North Carolina.
Also known as...
First Carolina Corporate Credit Union
Total revenues
$312,063,561
2023
Total expenses
$251,198,292
2023
Total assets
$6,042,910,980
2023
Num. employees
186
2023

Program areas at Vizo Financial Corporate Credit Union

Settlement and payment services: we provide aggregated payment services so Credit unions can efficiently, and cost effectively serve their members, providing them tools for moving money electronically.
Asset-liability management (alm) and risk management services: alm services include both consulting and modeling risks inherent in a Credit Union's balance sheet. Our risk management services include compliance/regulatory training, information system risk assessments, business continuity planning, and enterprise risk management best practices. These services are designed to help Credit unions best understand and mitigate risks they encounter in their operations.
Funds management & liquidity services: one of the key services we provide members is a complete line of competitive short-term deposit products combined with lines-of-credit so that they can more effectively manage their cash flow needs.

Grants made by Vizo Financial Corporate Credit Union

GranteeGrant descriptionAmount
Crossstate Credit Union FoundationCharitable Contribution$67,700
Carolinas Credit Union FoundationCharitable Contribution$65,900
The Credit Union Foundation of MD and DCCharitable Contribution$51,200
...and 2 more grants made

Personnel at Vizo Financial Corporate Credit Union

NameTitleCompensation
David BrehmerPresident and Chief Executive Officer$1,308,278
Mark BrownSenior Vice President and Chief Financial Officer$363,469
Scott WoodChief Investment Officer
Janice ApplebySenior Vice President and Chief Human Resources Officer$260,862
Rodney MaySenior Vice President and Chief Engagement Officer$319,475
...and 6 more key personnel

Financials for Vizo Financial Corporate Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$27,513,467
Investment income and dividends$248,777,931
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$35,772,163
Total revenues$312,063,561

Form 990s for Vizo Financial Corporate Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-03990View PDF
2022-122023-07-27990View PDF
2021-122022-10-12990View PDF
2020-122021-11-04990View PDF
2018-122020-01-31990View PDF
...and 9 more Form 990s

Organizations like Vizo Financial Corporate Credit Union

OrganizationLocationRevenue
Service Credit Union / Non Profit OrganizationPortsmouth, NH$212,206,611
Corporate Central Credit UnionMuskego, WI$244,005,068
Volunteer Corporate Credit UnionNashville, TN$118,810,831
World VisionFederal Way, WA$1,510,055,945
American Friends of Hebrew UniversityNew York, NY$84,351,208
Ascendium Education SolutionsMadison, WI$388,928,491
PAC-12 ConferenceSan Ramon, CA$603,853,510
ECMC FoundationMinneapolis, MN$501,684,291
Seminole BoostersTallahassee, FL$88,766,017
Omaha Community FoundationOmaha, NE$104,782,157
Data update history
August 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 23, 2023
Updated personnel
Identified 1 new personnel
August 20, 2023
Used new vendors
Identified 2 new vendors, including , and
August 17, 2023
Updated personnel
Identified 2 new personnel
August 5, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsCredit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
7900 Triad Dr 410
Greensboro, NC 27409
Metro area
Greensboro-High Point, NC
County
Guilford County, NC
Website URL
vfccu.org/ 
Phone
(336) 217-4992
IRS details
EIN
56-1295697
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1980
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 Vizo Financial Corporate Credit Union has new information, or want to find more organizations like Vizo Financial Corporate Credit Union?

Create free Cause IQ account