First Community Credit Union
Public records raise at least one point you should look into before giving.
What it says it does
COOPERATIVE PROVIDER OF CREDIT UNION FINANCIAL SERVICES TO THOSE WHO LIVE OR WORK IN HARRIS, MONTGOMERY, AND FT BEND COUNTIES. AS A MEMBER OF THE NATIONAL CREDIT UNION INSURANCE FUND, THE CREDIT UNION IS REGULATED BY THE STATE OF TEXAS CREDIT UNION DEPT AS WELL AS THE NATIONAL CREDIT UNION ADMINISTRATION.
- Income
- $167.4 million
- Spending
- $156.1 million
- Employees
- 416
- Volunteers
- 7
- Highest pay
- $888,090, ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- CHECKING ACCOUNTS - AVAILABLE FOR CONSUMERS AS WELL AS BUSINESSES WITH VARIOUS FEATURES, FROM FREE ACCOUNTS TO THOSE WITH ENHANCED BENEFITS. CHECKING ACCOUNTS HAVE BEEN DESIGNED TO MEET THE NEEDS OF ALL AGE GROUPS AND FINANCIAL STATUS. TEENAGER ACCOUNTS ARE AVAILABLE (WITH A PARENT OR GUARDIAN AS A JOINT SIGNER) TO BEGIN TEACHING PROPER MONEY MANAGEMENT SENIORS QUALIFY FOR OUR BEST CHECKING ACCOUNT AT A DISCOUNTED RATE. FRESH START CHECKING ACCOUNTS ARE AVAILABLE TO THOSE WHO WOULD NORMALLY BE UNABLE TO ESTABLISH A CHECKING ACCOUNT ELSEWHERE. HIGH YIELD MONEY MANAGEMENT ACCOUNTS ARE AVAILABLE TO THOSE WHO MAINTAIN HIGH BALANCES AND WISH TO EARN MONEY MARKET RATES. SMALL BUSINESSES CAN ALSO BENEFIT FROM ONE OF OUR THREE AFFORDABLE AND FLEXIBLE BUSINESS CHECKING ACCOUNTS. ADDITIONALLY, FCCU EXTENDS THE REACH OF THESE ACCOUNTS TO ALL MEMBERS WITH FREE DEBIT CARDS, FREE INTERNET ACCOUNT ACCESS, FREE ELECTRONIC BILL PAYER SERVICES AND FREE ELECTRONIC STATEMENTS. SOME CHECKING ACCOUNTS OFFER DIVIDENDS THAT ARE PAID MONTHLY. OVER 50% OF THE CREDIT UNION'S MEMBERS HAVE A CHECKING ACCOUNT.
- SAVINGS ACCOUNTS - OFFER ACCESS TO MEMBERS OF ALL AGES FROM YOUTH ACCOUNTS TO SENIOR ACCOUNTS. MEMBERSHIP MEANS ACCESS TO A VARIETY OF PRODUCTS AND SERVICES THAT CAN HELP BUILD A SOUND FINANCIAL FOUNDATION. MEMBERSHIP IS ALSO EXTENDED TO ALL FAMILY MEMBERS - SPOUSES, PARENTS, SIBLINGS, CHILDREN, GRANDPARENTS, COUSINS, AUNTS AND UNCLES. FCCU HAD OVER 182,645 MEMBER-OWNER ACCOUNTS AS OF 12/31/24 - EACH WITH A VOTE TO ELECT OUR VOLUNTARY BOARD OF DIRECTORS. ACCESS IS AVAILABLE THROUGH OUR 17 BRANCH NETWORK, HOME BANKING, PHONE APPS, 24/7 VOICE AND AUTOMATED PHONE CENTER, ATMS AS WELL AS THE SHARED-BRANCH NETWORK WORLDWIDE. SAVINGS ACCOUNTS ARE DESIGNED TO ENCOURAGE THE DEVELOPMENT OF CONSISTENT SAVINGS HABITS. SAVINGS ACCOUNTS PAY DIVIDENDS QUARTERLY.
- CONSUMER LOANS. FCCU PROVIDES A WIDE ARRAY OF CONSUMER LOAN PRODUCTS THROUGH AN EFFICIENT AND HIGHLY TRAINED UNDERWRITING PROCESS. THE CONSUMER LOAN PRODUCT LINE INCLUDES NEW AND USED AUTO LOANS, CREDIT CARDS, PERSONAL LOANS, MORTGAGE AND EQUITY LOANS, OTHER SECURED LOANS AND RECREATIONAL VEHICLES, BOATS AND MOTORCYCLES. ACCESS TO APPLY FOR A LOAN IS AVAILABLE THROUGH OUR BRANCH NETWORK OR 24/7 THROUGH OUR CALL CENTER OR ON-LINE AT OUR WEBSITE. CREDIT LIFE AND DISABILITY INSURANCE IS AVAILABLE ON ANY OF THESE LOAN TYPES.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(14) credit union.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(14) credit union as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1976.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.