Skip to main content
Filing year 2024

FIRST CENTRAL CREDIT UNION

Waco, Texas·EIN 74-1137995·14
Total revenue
$16.2M
Total assets
$168.6M
Total expenses
$14.6M
Reported officers
16
Mission

FIRST CENTRAL CREDIT UNION IS A FINANCIAL INSTITUTION, SPECIFICALLY A CREDIT UNION WHICH IS A COOPERATIVE PROVIDER OF FINANCIAL SERVICES TO OUR MEMBERS. FIRST CENTRAL CREDIT UNION IS COMMITTED TO PROVIDING SECURE, COMPETITIVE FINANCIAL SERVICES, DEDICATED TO OFFERING THE BEST POSSIBLE BENEFITS TO OUR MEMBERS, AND TO MAKING A DIFFERENCE IN THE COMMUNITIES WE SERVE WHILE CONTINUING TO BUILD CAPITAL RESERVES THROUGH INNOVATIVE AND SOUND BUSINESS PRACTICES. FIRST CENTRAL CREDIT UNION IS A STATE OF TEXAS CHARTERED CREDIT UNION AND A MEMBER OF CUNA. WE ARE ALSO DESIGNATED AS "JUNTOS AVANZAMOS" BY CORNERSTONE CREDIT UNION LEAGUE WHICH SIGNIFIES THAT FIRST CENTRAL HAS A LONG TERM VISION AND COMMITMENT TO SERVING THE NEEDS OF THE HISPANIC MARKET. IN 2018 FIRST CENTRAL CREDIT UNION WAS AWARDED CERTIFICATION AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) BY THE US DEPARTMENT OF THE TREASURY.

Executive compensation, broken down

Form 990 · Schedule J · 6 reported individuals · Filing year 2024

$363k
$385k
Base
$300k
Bonus
$47k
Other
Benefits
$15k
Chief Retail Officer
highest compensated employee
$164k
$174k
Base
$146k
Bonus
$1k
Other
Benefits
$16k
Senior Lending Manager
highest compensated employee
$157k
$166k
Base
$139k
Bonus
$1k
Other
Benefits
$16k
Senior Accounting and IT Manager
highest compensated employee
$146k
$155k
Base
$130k
Bonus
$1k
Other
Benefits
$15k
Senior HR & Training Manager
highest compensated employee
$116k
$123k
Base
$100k
Bonus
$1k
Other
Benefits
$14k
Senior IT Manager
highest compensated employee
$115k
$122k
Base
$99k
Bonus
$1k
Other
Benefits
$14k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Up 8%
from 2023

From $336k in 2023 to $363k in 2024.

$336k
2023
$363k
2024
In today's dollarsEst.
Up 5% in real terms$367k to $385k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

FIRST CENTRAL CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$15.5M
$11.7M
2023
$16.2M
$14.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Create free account
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.