Overview
What is Family Security Credit Union?
Family Security Credit Union, based in Decatur, Alabama, is a well-established credit union serving 88,250 members. With a mission to promote thrift opportunities and offer low-cost loans, the credit union prides itself on providing essential financial services to its members. The team of 318 employees works diligently to make financial assistance accessible, enabling members to meet their financial goals.
Official website here: www.myfscu.com
Is Family Security Credit Union legitimate?
Family Security Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Family Security Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $1,640,453
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,094,190
For more financial information, click here
Official website here: www.myfscu.com
What is the mission statement of Family Security Credit Union?
Family Security Credit Union is committed to offering thrift opportunities and affordable loans to its members. The mission of the credit union is to provide these financial services, aiming to help members manage their money effectively. With over 88,000 members, the credit union's reach extends to promoting thrift and accessible financing. By focusing on low-cost loans, the organization strives to improve the financial well-being of its members. Additionally, the credit union provides various financial services and resources, helping members save and make informed financial decisions.
Official website here: www.myfscu.com
Who is the CEO of Family Security Credit Union?
Shane Nobbley is the Board Chairman of Family Security Credit Union. The CEO's salary of Family Security Credit Union is $471,178 and their total compensation is $498,121.
Official website here: www.myfscu.com
What is the revenue of Family Security Credit Union?
Family Security Credit Union's revenue in 2022 was $43,290,857.
Official website here: www.myfscu.com
Who are the executives of Family Security Credit Union and what are their salaries?
The average compensation at Family Security Credit Union during 2022 was $33,757. There are 318 employees and 12 volunteers at Family Security Credit Union.
Here are 16 key members and their salaries (Family Security Credit Union's CEO's salary is $471,178 and their total compensation is $498,121):
- M Shane Nobbley (President/Ceo)
- Debra Mccaghren (Vp Finance & Office Ops.)
- J Cole Sharp (Vp Lending & Branch Ops.)
- Shawn Metz (Vp Computer Info Sys)
- Zachary Howell (Vp Marketing & Admin.)
- Machelle Kelly (Avp Of Operations)
- Tiffany Morgan (Vp Of Finance And Back Office Operations)
- James Jeffreys (Board Chairman) [Trustee/Director]
- Tommie Smith (Board Vice-Chairman) [Trustee/Director]
- Ray Durham (Board Treasurer) [Trustee/Director]
- Albert Bush (Board Secretary) [Trustee/Director]
- Thomas Johnson (Board Member) [Trustee/Director]
- Bruce Garrison (Board Member) [Trustee/Director]
- Kenneth Livingston (Board Member) [Trustee/Director]
- Larry Akin (Board Member) [Trustee/Director]
- James Mclin (Board Member) [Trustee/Director]
Official website here: www.myfscu.com
Where can I find the form 990 for Family Security Credit Union?
The Family Security Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.myfscu.com
Learn more at the official website: www.myfscu.com
Mission Statement of Family Security Credit Union
Family Security Credit Union, a thriving financial institution, is dedicated to providing its members with thrift opportunities and affordable loans. This mission is at the heart of the credit union's operations, aiming to help its 88,250 members make the most of their savings and access credit when needed at reasonable rates. By doing so, Family Security Credit Union empowers its members to improve their financial situations and build a secure future.
The credit union's commitment to its members goes beyond just providing financial services. It offers a unique opportunity for people to pool their resources together and collectively benefit from the credit union's activities. This cooperative structure allows Family Security Credit Union to provide better interest rates and lower loan fees compared to what traditional financial institutions may offer. By focusing on the needs of its members, the credit union fosters a sense of community and financial well-being.
Family Security Credit Union's dedication to its mission is evident in its day-to-day operations. It continues to serve its membership base, expanding the opportunities for thrift and low-cost loans, all while ensuring the financial security and well-being of its members. In essence, Family Security Credit Union is more than just a financial institution; it is a partner in its members' financial journeys, striving to help them save, borrow, and build a foundation for a financially stable future.
Impact
This information is meant to be a general summary of Family Security Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Family Security Credit Union's impact is significant as it provides thrift opportunities and low-cost loans to its 88,250 members in Decatur, Alabama. By offering these services, the credit union plays a crucial role in promoting thrift and financial stability within its community. The accessibility to affordable financial products helps members achieve their financial goals and improve their overall economic well-being. The credit union's mission of providing thrift opportunities and low-cost loans directly benefits its members by empowering them to make sound financial decisions that positively impact their lives.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST INCOME
Revenue
$17,866,651
Organization Details
Founding Year
1953
Phone
(256) 340-2000
Principal Officer
Shane Nobbley
Main Address
2204 FAMILY SECURITY PL SW, DECATUR, AL, 35603
Website
www.myfscu.com
NTEE Category
Code: W60 - Public benefit
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