Brazos Valley Schools Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 741397874 ✦ Katy, TX ✦ Designated as a 501(c)(14)

Overview

What is Brazos Valley Schools Credit Union?

Brazos Valley Schools Credit Union, a cooperative financial institution headquartered in Katy, Texas, was established with the mission to provide credit union services to qualified members. With over 60,993 member-owned accounts as of December 31, 2022, the credit union offers share accounts that come with quarterly member savings dividends. Members can access their accounts through branch offices, online banking, telephone, and ATMs worldwide. The credit union encourages the use of automated payroll deposits to foster consistent savings habits. The organization's activities include offering financial services to its members, with a team of 230 employees dedicated to serving them.


Official website here: www.bvscu.org

Is Brazos Valley Schools Credit Union legitimate?

Brazos Valley Schools Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Brazos Valley Schools 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: $2,039,535
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,890,246

For more financial information, click here


Official website here: www.bvscu.org

What is the mission statement of Brazos Valley Schools Credit Union?

The Brazos Valley Schools Credit Union functions as a cooperative financial institution, providing credit union services to eligible members, as chartered by the State of Texas. Their mission is geared towards offering credit union financial services to qualified individuals. The credit union manages over 60,000 member-owned accounts, allowing members of all ages to open share accounts. Quarterly member savings dividends, along with the convenience of branch offices, internet banking, telephone banking, and ATMs worldwide, make saving a consistent habit for members. The Brazos Valley Schools Credit Union encourages members to set up automated payroll deposits to strengthen their savings habits.


Official website here: www.bvscu.org

Who is the CEO of Brazos Valley Schools Credit Union?

Yvonne Kershner is the Chairman of Brazos Valley Schools Credit Union.


Official website here: www.bvscu.org

What is the revenue of Brazos Valley Schools Credit Union?

Brazos Valley Schools Credit Union's revenue in 2022 was $44,696,240.


Official website here: www.bvscu.org

Who are the executives of Brazos Valley Schools Credit Union and what are their salaries?

The average compensation at Brazos Valley Schools Credit Union during 2022 was $38,825. There are 230 employees at Brazos Valley Schools Credit Union.

Here are 18 key members and their salaries:

    Yvonne Kershner (President)
  • Compensation: $542,870
  • Related: $0
  • Other: $0

    • Courtney Poole (Cfo)
  • Compensation: $214,304
  • Related: $0
  • Other: $0

    • Christina Frith (Chief Member Experience Of)
  • Compensation: $203,278
  • Related: $0
  • Other: $0

    • James Cushing (Vp Operations)
  • Compensation: $169,190
  • Related: $0
  • Other: $0

    • Diane Davis (Vp Branch Operations)
  • Compensation: $149,878
  • Related: $0
  • Other: $0

    • Dhanika Patel (Director Of Internal Audit)
  • Compensation: $145,467
  • Related: $0
  • Other: $0

    • Andrea Maestretti (Vp Human Resources)
  • Compensation: $144,216
  • Related: $0
  • Other: $0

    • Chelsea Wooten (Vp Lending)
  • Compensation: $141,628
  • Related: $0
  • Other: $0

    • William Guthrie (It Manager)
  • Compensation: $120,936
  • Related: $0
  • Other: $0

    • Mandy Daniela (Compliance Officer)
  • Compensation: $104,311
  • Related: $0
  • Other: $0

    • Catherine Childres (Branch Manager)
  • Compensation: $103,460
  • Related: $0
  • Other: $0

    • Michael Griffin (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katherine Kubelka (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vicki Delgado (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Madden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph E Simmons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melvin Nash (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Od Tompkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bvscu.org

    Where can I find the form 990 for Brazos Valley Schools Credit Union?

    The Brazos Valley Schools Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bvscu.org

    Learn more at the official website: www.bvscu.org

    Mission Statement of Brazos Valley Schools Credit Union

    Brazos Valley Schools Credit Union is a cooperative financial institution, chartered by the State of Texas, dedicated to providing credit union services to eligible members. The mission of this credit union is to act as a cooperative provider of financial services to qualified individuals.

    Members of all ages can benefit from Brazos Valley Schools Credit Union's share accounts. In the last recorded quarter, there were 60,993 member-owned accounts within the credit union. Member savings dividends are paid out on a regular basis. Access to these accounts is convenient and flexible, with options to visit branch offices, utilize home banking via the internet or telephone, and withdraw funds at ATMs worldwide. The credit union encourages members to set up automated payroll deposits into their accounts to promote consistent savings habits.

    Impact

    This information is meant to be a general summary of Brazos Valley Schools Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Brazos Valley Schools Credit Union's impact lies in its role as a cooperative provider of credit union financial services to qualified members. With a mission to offer advantages to members of all ages, the credit union had 60,993 member-owned accounts as of December 31, 2022. By providing share accounts that can be accessed through branch offices, online banking, telephone services, and ATMs worldwide, Brazos Valley Schools Credit Union encourages consistent savings habits among its members. Through its services and initiatives, the credit union plays a vital role in fostering financial stability and empowerment within the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14,376,957
  • Program Service Revenue: $30,319,283
  • Gross Receipts: $44,696,240

    • Assets and Liabilities:
  • Total Assets: $984,706,285
  • Total Liabilities: $891,460,217
  • Net Assets: $93,246,068
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INTEREST ON LOANS

    Revenue

    $19,486,933

    CARD INTERCHANGE

    Revenue

    $5,127,329

    MEMBER FEES

    Revenue

    $5,092,695

    GAP AND AUTO WARRANTY

    Revenue

    $482,536

    INSURANCE AND CREDIT CARD FEES

    Revenue

    $72,728

    Organization Details

    Founding Year

    1954

    Principal Officer

    Yvonne Kershner

    Main Address

    25525 KATY MILLS PKWY, KATY, TX, 77494

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Brazos Valley Schools Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.