Civic Intelligence

First Central Credit Union

990 • Fiscal year 2020 • EIN 74-1137995

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 27, 2021

6201 Sanger AvenueWaco, TX 76710

(254) 776-9333

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

20th percentile

0.86x

Higher debt load relative to assets than 20% of similar nonprofits.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

5th percentile

10.49x

Higher debt load relative to revenue than 5% of similar nonprofits.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2020

Net Margin

88th percentile

22%

Higher net margin than 88% of similar nonprofits.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

47th percentile

$211,235

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2020

Asset Growth

94th percentile

27%

Faster asset growth than 94% of similar nonprofits.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

84th percentile

4.3%

Faster revenue growth than 84% of similar nonprofits.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Assets

Flat

$122,786,509

Flat from 2020

Net Assets

Flat

$17,197,808

Flat from 2020

Liabilities

Flat

$105,588,701

Flat from 2020

Revenue

Flat

$10,064,237

Flat from 2020

Expenses

Flat

$7,841,684

Flat from 2020

Net Income

Flat

$2,222,553

Flat from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200M$150M$100M$50M$0Assets 2010: $46,492,346Liabilities 2010: $42,034,044Net Assets 2010: $4,458,3022010Assets 2011: $53,898,589Liabilities 2011: $48,364,175Net Assets 2011: $5,534,4142011Assets 2012: $58,196,285Liabilities 2012: $51,968,334Net Assets 2012: $6,227,9512012Assets 2013: $57,875,637Liabilities 2013: $50,827,790Net Assets 2013: $7,047,8472013Assets 2014: $62,932,552Liabilities 2014: $54,995,335Net Assets 2014: $7,937,2172014Assets 2015: $67,123,853Liabilities 2015: $58,370,628Net Assets 2015: $8,753,2252015Assets 2016: $75,833,546Liabilities 2016: $66,486,281Net Assets 2016: $9,347,2652016Assets 2017: $82,461,184Liabilities 2017: $71,702,077Net Assets 2017: $10,759,1072017Assets 2018: $87,893,036Liabilities 2018: $75,419,343Net Assets 2018: $12,473,6932018Assets 2019: $96,925,760Liabilities 2019: $82,202,931Net Assets 2019: $14,722,8292019Assets 2020: $122,786,509Liabilities 2020: $105,588,701Net Assets 2020: $17,197,8082020Assets 2020: $122,786,509Liabilities 2020: $105,588,701Net Assets 2020: $17,197,8082020Assets 2021: $142,192,635Liabilities 2021: $123,265,797Net Assets 2021: $18,926,8382021Assets 2022: $148,590,492Liabilities 2022: $132,143,416Net Assets 2022: $16,447,0762022Assets 2023: $166,079,617Liabilities 2023: $144,926,198Net Assets 2023: $21,153,4192023Assets 2024: $168,623,164Liabilities 2024: $145,609,432Net Assets 2024: $23,013,7322024

Highlighted filing

2020

Assets$122,786,509
Liabilities$105,588,701
Net Assets$17,197,808

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0Expenses 2010: $3,381,5362010Expenses 2011: $3,485,0292011Expenses 2012: $3,792,9882012Revenue 2013: $4,922,710Expenses 2013: $4,102,814Net Income 2013: $819,8962013Revenue 2014: $5,618,806Expenses 2014: $4,729,436Net Income 2014: $889,3702014Revenue 2015: $5,981,070Expenses 2015: $5,157,000Net Income 2015: $824,0702015Revenue 2016: $6,376,304Expenses 2016: $5,734,563Net Income 2016: $641,7412016Revenue 2017: $7,550,781Expenses 2017: $6,197,703Net Income 2017: $1,353,0782017Revenue 2018: $8,797,726Expenses 2018: $7,022,674Net Income 2018: $1,775,0522018Revenue 2019: $9,649,959Expenses 2019: $7,591,154Net Income 2019: $2,058,8052019Revenue 2020: $10,064,237Expenses 2020: $7,841,684Net Income 2020: $2,222,5532020Revenue 2020: $10,064,237Expenses 2020: $7,841,684Net Income 2020: $2,222,5532020Revenue 2021: $12,212,863Expenses 2021: $9,860,833Net Income 2021: $2,352,0302021Revenue 2022: $11,296,325Expenses 2022: $9,450,076Net Income 2022: $1,846,2492022Revenue 2023: $15,479,340Expenses 2023: $11,738,290Net Income 2023: $3,741,0502023Revenue 2024: $16,211,380Expenses 2024: $14,606,563Net Income 2024: $1,604,8172024

Highlighted filing

2020

Revenue$10,064,237
Expenses$7,841,684
Net Income$2,222,553
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 27, 2021
Return Version
2020v4.0
Gross Receipts
$10,064,237
Mission and Program Overview

Mission

The organization is a financial institution ,specifically a credit union. A credit union is a cooperative, member-owned, non-profit provider of financial services to its members.

See schedule o, first paragraph

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$55,235,181$55,446,076▲ $210,895
Investments Other Securities$20,233,419$34,041,516▲ $13,808,097
Savings and Temporary Cash Investments$6,879,328$17,813,277▲ $10,933,949
Rtn Earn Endowment Incm Other Fnds$14,722,829$17,197,808▲ $2,474,979
Land, Buildings, and Equipment, Net$4,901,263$5,624,781▲ $723,518
Cash and Non-Interest-Bearing Accounts$3,920,409$3,679,587▼ $240,822
Prepaid Expenses and Deferred Charges$239,834$268,541▲ $28,707
Accounts Receivable$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$96,925,760$122,786,509▲ $25,860,749
Other Assets Total$5,516,326$5,912,731▲ $396,405
Liabilities
Other Liabilities$80,546,785$103,392,309▲ $22,845,524
Accounts Payable and Accrued Expenses$1,656,146$2,196,392▲ $540,246
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$82,202,931$105,588,701▲ $23,385,770
Net Assets / Fund Balance
Total Net Assets Fund Balance$14,722,829$17,197,808▲ $2,474,979
Total Liabilities and Net Assets / Fund Balance$96,925,760$122,786,509▲ $25,860,749

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,470,073$2,132,238$3,602,311
Buildings$2,464,294$976,108$3,440,402
Land$1,679,905-$1,679,905
Leasehold Improvements$0$102,398$102,398
Other Land Buildings$10,509$26,695$37,204
Other Assets Org$27,298--
Other Securities$108,077--
Closely Held Equity Interests$0--
Financial Derivatives$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jo Betsy TylerPresident/CEOFT$173,486$37,749$211,235

Board Members and Trustees

NameTitle
Randy MillerChairman
Elio SmytheVice Chairman
Vicki DeckardVice Chairman
Abraham CeballosDirector
Beverly WalkerDirector
Dan DentDirector
Glenn WilliamsonDirector
Jason ColliverDirector
Leslie EverlyDirector
Cheryl GravesSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$714,000
Program Service Revenue
$8,727,740
Investment Income
$473,770
Other Revenue
$148,727
All Other Contributions
$0
Change in Net Assets
$2,222,553
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,809,198
Salaries, Compensation, and Employee Benefits$3,032,486
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,211,290
Office Expenses---$1,616,381
Fees for Services Other---$606,821
Interest---$472,049
Occupancy---$430,471
Depreciation Depletion---$400,312
Advertising---$384,262
Other Employee Benefits---$352,356
Information Technology---$214,675
Current Officers, Directors, Trustees, and Key Employees---$211,235
Payroll Taxes---$152,593
Pension Plan Contributions---$105,012
Other Expenses---$40,234
Fees for Services Accounting---$33,000
All Other Expenses---$26,497
Conferences and Meetings---$17,000
Travel---$15,917
Fees for Service Investment Mgmnt Fees---$3,516
Fees for Services Legal---$3,223
Total Functional Expenses$0$0$0$7,841,684
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$500
Section 527 Activity Spending$0
Total Exempt Function Spending$0
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares$103,392,309
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

First central credit union is a credit union. A credit union is a member owned cooperative of financial services.

Form 990, Part VI, Section A, Line 7A

First central credit union has a nominating committee that is appointed by the board of directors to select candidates. The candidates are presented to the membership via the credit union newsletter. Should someone choose to run against a candidate, they would need to obtain a petition with 75 member signatures to cause a ballot vote, otherwise the candidates selected by the nominating committee will be selected.

Form 990, Part VI, Section B, Line 11B

- first central credit union's board of directors will review the 2020 form 990 in the month of october 2021 before the november 15th, 2021 filing deadline.

Form 990, Part VI, Section B, Line 12C

Our organization does consistently monitor and enforce compliance with the written conflict of interest policy, our board of directors and management team reviews this policy annually.

Form 990, Part VI, Section B, Line 15

The board of directors started utilizing compensation reports from an independent compensation consultant several years ago to assist the establishment of the ceo's base salary, henceforth, the board of directors and our human resources manager meet annually to discuss and determine the ceo's salary raise percentage increase.

Form 990, Part VI, Section C, Line 19

First central credit union makes its governing documents and conflict of interest policy available to our members upon request and our financial statements are posted monthly for public viewing in each branch's entrance areas.

Filing and Contact Details

Filer

Filer Name
First Central Credit Union
EIN
74-1137995
Phone
2547769333
Address
6201 SANGER AVENUE, WACO, TX 76710

Signing Officer

Name
Jo Betsy Tyler
Title
President/CEO
Phone
2547769333
Signed
2021-10-27

Organization Details

Principal Officer
Jo Betsy Tyler
Formed
1937
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
70
Volunteers
10
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

First central credit union is a financial institution, specifically a credit union which is a cooperative provider of financial services to our members. First central credit union is committed to providing secure, competitive financial services, dedicated to offering the best possible benefits to our members and to making a difference in the communities we serve while continuing to build capital reserves through innovative and sound business practices. First central credit union is a state of texas chartered credit union and a member of cuna. We are also designated as a "juntos avanzamos" credit union by cornerstone credit union league which signifies that first central has a long term vision and commitment to serving the needs of the hispanic market. In 2018 first central credit union was awarded certification as a community development financial institution (cdfi) by the us department of the treasury. As an official cdfi, first central's efforts to put the community first and value local, economic growth have been recognized.

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IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0305
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt010064237
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt00
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0214675
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt0472049
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0473465
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0473465
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt020233419
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt034041516
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt03016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03237439
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04901263
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05624781
IRS990/LandBldgEquipCostOrOtherBssAmt08862220
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0FIRST CENTRAL CREDIT UNION IS A FINANCIAL INSTITUTION, SPECIFICALLY A CREDIT UNION WHICH IS A COOPERATIVE PROVIDER OF FINANCIAL SERVICES TO OUR MEMBERS. FIRST CENTRAL CREDIT UNION IS COMMITTED TO PROVIDING SECURE, COMPETITIVE FINANCIAL SERVICES, DEDICATED TO OFFERING THE BEST POSSIBLE BENEFITS TO OUR MEMBERS, AND TO MAKING A DIFFERENCE IN THE COMMUNITIES WE SERVE WHILE CONTINUING TO BUILD CAPITAL RESERVES THROUGH INNOVATIVE AND SOUND BUSINESS PRACTICES. FIRST CENTRAL CREDIT UNION IS A STATE OF TEXAS CHARTERED CREDIT UNION AND A MEMBER OF CUNA. WE ARE ALSO DESIGNATED AS A "JUNTOS AVANZAMOS" BY CORNERSTONE CREDIT UNION LEAGUE WHICH SIGNIFIES THAT FIRST CENTRAL HAS A LONG TERM VISION AND COMMITMENT TO SERVING THE NEEDS OF THE HISPANIC MARKET. IN 2018 FIRST CENTRAL CREDIT UNION WAS AWARDED CERTIFICATION AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) BY THE US DEPARTMENT OF THE TREASURY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt014722829
IRS990/NetAssetsOrFundBalancesEOYAmt017197808
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0305
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0305
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0252426
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0430471
IRS990/OfficeExpensesGrp/TotalAmt01616381
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05516326
IRS990/OtherAssetsTotalGrp/EOYAmt05912731
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0352356
IRS990/OtherExpensesGrp/Desc0STATE OF TEXAS OPERATING FEES
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING FEES
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3ACCOCIATION DUES
IRS990/OtherExpensesGrp/TotalAmt018919
IRS990/OtherExpensesGrp/TotalAmt1307962
IRS990/OtherExpensesGrp/TotalAmt2217959
IRS990/OtherExpensesGrp/TotalAmt340234
IRS990/OtherLiabilitiesGrp/BOYAmt080546785
IRS990/OtherLiabilitiesGrp/EOYAmt0103392309
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0148727
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0148727
IRS990/OtherRevenueTotalAmt0148727
IRS990/OtherSalariesAndWagesGrp/TotalAmt02211290
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt055235181
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt055446076
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0152593
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0105012
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd01
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0239834
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0268541
IRS990/PrincipalOfficerNm0JO BETSY TYLER
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2522130
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBER FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2LOAN FEE INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04205336
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13851056
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt231346
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04205336
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13851056
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt231346
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgSrvcAccomActy2Grp/Desc0CHECKING 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 76% OF THE CREDIT UNION'S MEMBERS HAVE A CHECKING ACCOUNT. FIRST CENTRAL CREDIT UNION ALSO OFFERS MONEY MARKET ACCOUNTS.
IRS990/ProgSrvcAccomActy3Grp/Desc0SHARE ACCOUNTS: FIRST CENTRAL CREDIT UNION'S SHARE ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. THE CREDIT UNION HAD 17,273 MEMBER OWNED ACCOUNTS AS OF DECEMBER 31, 2020. 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.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0115915
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0599420
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt04667773
IRS990/PYOtherRevenueAmt0174734
IRS990/PYProgramServiceRevenueAmt08759890
IRS990/PYRevenuesLessExpensesAmt02058805
IRS990/PYSalariesCompEmpBnftPaidAmt02923381
IRS990/PYTotalExpensesAmt07591154
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09649959
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt02222553
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt014722829
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt017197808
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06879328
IRS990/SavingsAndTempCashInvstGrp/EOYAmt017813277
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/Expended527ActivitiesAmt00
IRS990ScheduleC/Form1120POLFiledInd00
IRS990ScheduleC/InternalFundsContributedAmt00
IRS990ScheduleC/PoliticalExpendituresAmt0500
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0FIRST CENTRAL CREDIT UNION MADE A CONTRIBUTION TO THE CUNA/ACCUL NATIONAL ADVOCACY FUND.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$169$146$23.0$16.2$14.6$1.60
2023Summary only. Only limited summary data is available for this year.$166$145$21.2$15.5$11.7$3.74
2022Summary only. Only limited summary data is available for this year.$149$132$16.4$11.3$9.45$1.85
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$142$123$18.9$12.2$9.86$2.35
2020Detailed filing. Detailed filing data is available for this year.$123$106$17.2$10.1$7.84$2.22
2020Summary only. Only limited summary data is available for this year.$123$106$17.2$10.1$7.84$2.22
2019Summary only. Only limited summary data is available for this year.$96.9$82.2$14.7$9.65$7.59$2.06
2018Summary only. Only limited summary data is available for this year.$87.9$75.4$12.5$8.80$7.02$1.78
2017Summary only. Only limited summary data is available for this year.$82.5$71.7$10.8$7.55$6.20$1.35
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$75.8$66.5$9.35$6.38$5.73$0.64
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$67.1$58.4$8.75$5.98$5.16$0.82
2014Detailed filing. Detailed filing data is available for this year.$62.9$55.0$7.94$5.62$4.73$0.89
2013Detailed filing. Detailed filing data is available for this year.$57.9$50.8$7.05$4.92$4.10$0.82
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.2$52.0$6.23$3.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$53.9$48.4$5.53$3.49
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.5$42.0$4.46$3.38