First Service Credit Union

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

EIN: 741951016 ✦ Houston, TX ✦ Designated as a 501(c)(14)

Overview

What is First Service Credit Union?

First Service Credit Union is a cooperative credit union located in Houston, Texas, with an address at 16430 Park Ten Place, ZIP code 77084. With a membership of over 94,000 individuals as of December 31, 2022, this credit union offers savings accounts that pay dividends on a monthly basis. Members can access these accounts through the branch network, home banking, telephone, mobile devices, and ATMs. In addition to basic savings accounts, First Service Credit Union also provides special savings accounts designed for children and teenagers to foster consistent savings habits. The credit union employs a team of 363 individuals dedicated to providing financial products and services to its members.


Official website here: www.fscu.com

Is First Service Credit Union legitimate?

First Service Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. First Service 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: $4,277,471
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,601,203

For more financial information, click here


Official website here: www.fscu.com

What is the mission statement of First Service Credit Union?

First Service Credit Union functions as a cooperative institution, catering to its members by offering a range of financial products and services. With over 94,000 members as of the end of 2022, this credit union provides accessibility through various channels. Members can access their savings accounts through branches, home banking, telephone, mobile devices, and ATMs. In addition, the credit union offers special savings accounts tailored to children and teenagers, encouraging the development of consistent savings habits. The mission of First Service Credit Union encompasses serving its members and providing them with the necessary financial tools.


Official website here: www.fscu.com

Who is the CEO of First Service Credit Union?

David Bleazard is the President/Ceo of First Service Credit Union. The CEO's salary of First Service Credit Union is $1,518,560 and their total compensation is $1,722,307.


Official website here: www.fscu.com

What is the revenue of First Service Credit Union?

First Service Credit Union's revenue in 2022 was $71,188,784.


Official website here: www.fscu.com

Who are the executives of First Service Credit Union and what are their salaries?

The average compensation at First Service Credit Union during 2022 was $54,762. There are 363 employees and 12 volunteers at First Service Credit Union.

Here are 24 key members and their salaries (First Service Credit Union's CEO's salary is $1,518,560 and their total compensation is $1,722,307):

    David Bleazard (President/Ceo)
  • Compensation: $1,518,560
  • Related: $0
  • Other: $203,747

    • David Dang (Cio)
  • Compensation: $277,379
  • Related: $0
  • Other: $77,446

    • Frank Halstead (Cro)
  • Compensation: $238,482
  • Related: $0
  • Other: $80,885

    • Jana Heaton (Cfo)
  • Compensation: $258,545
  • Related: $0
  • Other: $50,285

    • Jonathan Shurtz (Chief Admin Officer And In)
  • Compensation: $250,332
  • Related: $0
  • Other: $30,927

    • Sonya Harris (Chief Lending Officer)
  • Compensation: $241,990
  • Related: $0
  • Other: $25,611

    • Ty Robbins (Chief Data Officer)
  • Compensation: $221,704
  • Related: $0
  • Other: $28,099

    • Rafael Balderrabano (Cfs Advisor)
  • Compensation: $197,149
  • Related: $0
  • Other: $12,530

    • Matthew Downing (President Of Ecu Technology)
  • Compensation: $189,046
  • Related: $0
  • Other: $19,521

    • Daniel Souers (Vp Of Marketing & Service)
  • Compensation: $171,689
  • Related: $0
  • Other: $23,687

    • Nolan Waltman (Chief Growth Officer)
  • Compensation: $169,771
  • Related: $0
  • Other: $17,104

    • Teri Edge (Chief Operating Officer)
  • Compensation: $176,921
  • Related: $0
  • Other: $5,740

    • Michael Alexander (Financial Advisor)
  • Compensation: $158,097
  • Related: $0
  • Other: $3,332

    • Scott Slattery (Vp Of Lending & Collection)
  • Compensation: $146,246
  • Related: $0
  • Other: $14,503

    • Emmanuel Herrera (Vp- Development)
  • Compensation: $158,097
  • Related: $0
  • Other: $1,682

    • Saby Joliet (Vp- Accounting)
  • Compensation: $128,346
  • Related: $0
  • Other: $23,635

    • Thomas Bullard (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janet Hill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kourtney Calhoun (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Love (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Esmond (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Itz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wayne Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Domonique Varner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fscu.com

    Where can I find the form 990 for First Service Credit Union?

    The First Service Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fscu.com

    Learn more at the official website: www.fscu.com

    Mission Statement of First Service Credit Union

    First Service Credit Union, a cooperative financial institution, is dedicated to offering financial products and services to its member base. With over 94,051 members as of December 31, 2022, this credit union aims to provide accessibility and convenience for savers of all ages. Members can take advantage of savings accounts that yield monthly dividends, accessing their funds through a branch network, home banking, telephone, mobile devices, and ATMs. First Service Credit Union further encourages children and teenagers to develop consistent savings habits by offering special savings accounts tailored to their age group.

    Impact

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




    Thursday, August 15, 2024

    First Service Credit Union's impact lies in providing accessible financial products and services to its 94,051 members as of December 31, 2022. By offering diverse savings accounts that pay dividends, including special accounts for children and teenagers to promote savings habits, the credit union supports its members in building financial security. Through its branch network, shared branching network, online banking, mobile apps, telephone services, and ATMs, First Service Credit Union ensures convenient access to savings accounts for its members of all ages. This commitment to financial inclusion and empowerment contributes to the economic well-being of individuals and families in the Houston area and beyond.





    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: $3,200,036
  • Program Service Revenue: $68,913,465
  • Gross Receipts: $84,586,240

    • Assets and Liabilities:
  • Total Assets: $1,392,074,135
  • Total Liabilities: $1,259,395,104
  • Net Assets: $132,679,031
  • Programs

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

    LOAN INTEREST

    Revenue

    $44,944,564

    OTHER OPERATING INCOME

    Revenue

    $13,495,322

    OTHER FEES & CHARGES

    Revenue

    $10,473,579

    Organization Details

    Founding Year

    1977

    Principal Officer

    David Bleazard

    Main Address

    16430 PARK TEN PLACE, HOUSTON, TX, 77084

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of First Service 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.