East Texas Professional Credit

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

EIN: 750913075 ✦ Longview, TX ✦ Designated as a 501(c)(14)

Overview

What is East Texas Professional Credit?

East Texas Professional Credit, or ETPCU, is a financial institution based in Longview, Texas, with a community charter to serve its membership. With a team of 437 employees, ETPCU offers a variety of consumer lending products. These include automobile loans (both direct and indirect), boat loans, motorcycle loans, home mortgages, home equity loans, home improvement loans, and Home Equity Lines of Credit (HELOCs). ETPCU prides itself on providing loans with risk-based pricing and competitive rates. The organization's mission is to be the financial institution of choice for its members.


Official website here: www.etpcu.org

Is East Texas Professional Credit legitimate?

East Texas Professional Credit is a legitimate nonprofit organization registered as a 501(c)(14) entity. East Texas Professional Credit 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: $2,201,518
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,925,822

For more financial information, click here


Official website here: www.etpcu.org

What is the mission statement of East Texas Professional Credit?

East Texas Professional Credit (ETPCU) functions as a financial institution catering to its membership base. Its mission is to be the preferred financial institution for this community. ETPCU offers diverse lending products, such as automobile, boat, motorcycle, home mortgage, home equity, home improvement, and HELOC loans, at competitive rates based on risk assessment. The financial institution aims to deliver financial services that meet the diverse needs of its membership. ETPCU's lending practices are centered around providing accessible and affordable financing options for its clients.


Official website here: www.etpcu.org

Who is the CEO of East Texas Professional Credit?

Debbie Pearce is the President of East Texas Professional Credit.


Official website here: www.etpcu.org

What is the revenue of East Texas Professional Credit?

East Texas Professional Credit's revenue in 2022 was $48,939,993.


Official website here: www.etpcu.org

Who are the executives of East Texas Professional Credit and what are their salaries?

The average compensation at East Texas Professional Credit during 2022 was $27,751. There are 437 employees and 7 volunteers at East Texas Professional Credit.

Here are 11 key members and their salaries:

    W Byron Norton (President)
  • Compensation: $938,902
  • Related: $0
  • Other: $0

    • John Griffin (Srvp Lending)
  • Compensation: $177,525
  • Related: $0
  • Other: $0

    • Scot Haines (Srvp Operations)
  • Compensation: $166,558
  • Related: $0
  • Other: $0

    • Kevin Wasson (Vp Information Technology)
  • Compensation: $149,012
  • Related: $0
  • Other: $0

    • Deborah Pearce (Srvp Accounting)
  • Compensation: $147,661
  • Related: $0
  • Other: $0

    • Kerri Dalme (Srvp Branch Operations)
  • Compensation: $127,913
  • Related: $0
  • Other: $0

    • Meagan Staples (Vp Hr Manager)
  • Compensation: $107,337
  • Related: $0
  • Other: $0

    • Kelly Evans (Vp Branch Operations)
  • Compensation: $103,088
  • Related: $0
  • Other: $0

    • Richard Martin (Vp Indirect Lending)
  • Compensation: $100,913
  • Related: $0
  • Other: $0

    • Keitha Nilsson (Srvp Branch Operations)
  • Compensation: $93,215
  • Related: $0
  • Other: $0

    • Greg Jeffery (Vp Branch Operations)
  • Compensation: $89,394
  • Related: $0
  • Other: $0


  • Official website here: www.etpcu.org

    Where can I find the form 990 for East Texas Professional Credit?

    The East Texas Professional Credit’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.etpcu.org

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

    Mission Statement of East Texas Professional Credit

    East Texas Professional Credit, or ETPCU, is a financial institution dedicated to serving its membership community. With a mission to be the preferred financial choice, ETPCU offers a variety of consumer lending products to its members.

    Among the financial services it provides, ETPCU grants loans for automobiles, boats, motorcycles, homes, home improvements, and home equity. These loans are offered using risk-based pricing levels at competitive rates. The financial institution's lending portfolio caters to various financial needs of its members, ensuring accessibility and affordability.

    The core values of East Texas Professional Credit are reflected in its commitment to its members. By providing consumer lending products at competitive rates, ETPCU empowers individuals to make informed financial decisions. This, in turn, contributes to the financial well-being and stability of its members.

    In essence, ETPCU acts as a trusted financial partner, offering diverse lending options tailored to meet the financial needs of its membership community. Its mission to be the financial institution of choice is driven by its dedication to providing personalized and flexible financial solutions.

    Impact

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




    Thursday, August 15, 2024

    East Texas Professional Credit's impact lies in its provision of various consumer lending products including automobile, boat, motorcycle, home mortgage, home equity, home improvement, and HELOCs. By offering these financial services at competitive rates, ETPCU plays a significant role in fulfilling the financial needs of its community members in Longview, TX. Through its mission to be the financial institution of choice for its membership, ETPCU contributes to the economic well-being and stability of its local 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: $6,826,950
  • Program Service Revenue: $41,940,256
  • Gross Receipts: $48,940,088

    • Assets and Liabilities:
  • Total Assets: $1,179,947,147
  • Total Liabilities: $983,362,631
  • Net Assets: $196,584,516
  • Programs

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

    Interest on Loans

    Revenue

    $26,948,487

    Member Charges and Fees

    Revenue

    $14,991,769

    Organization Details

    Founding Year

    1953

    Principal Officer

    Debbie Pearce

    Main Address

    5000 East George Richey Rd, Longview, TX, 75605

    NTEE Category

    Code: W60 - Public benefit

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