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Filing year 2024

FIRST COMMUNITY CREDIT UNION

Houston, Texas·EIN 74-1212168·501(c)(14)
Total revenue
$167.4M
Total assets
$2.6B
Total expenses
$156.1M
Reported officers
24
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 24 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

CEO
Above 90th percentile
$888k
$942k
Base
$449k
Bonus
$226k
Other
$149k
Benefits
$30k
Evp/cfo
Officer (Unspecified)
$566k
$601k
Base
$239k
Bonus
$106k
Other
$163k
Benefits
$25k
EVP Lending
Executive Vice President
75th to 90th percentile
$400k
$424k
Base
$213k
Bonus
$65k
Other
$81k
Benefits
$16k
EVP
Executive Vice President
75th to 90th percentile
$383k
$406k
Base
$183k
Bonus
$65k
Other
$90k
Benefits
$22k
EVP
Executive Vice President
75th to 90th percentile
$381k
$405k
Base
$181k
Bonus
$65k
Other
$88k
Benefits
$27k
EVP
Executive Vice President
75th to 90th percentile
$361k
$383k
Base
$187k
Bonus
$45k
Other
$90k
Benefits
$27k
VP
Board Vice President
Above 90th percentile
$346k
$367k
Base
$321k
Bonus
Other
$1k
Benefits
$382
EVP
Executive Vice President
Median to 75th percentile
$305k
$323k
Base
$121k
Bonus
$49k
Other
$85k
Benefits
$28k
EVP
Executive Vice President
Median to 75th percentile
$295k
$313k
Base
$139k
Bonus
$44k
Other
$71k
Benefits
$18k
Senior VP
Senior Vice President
Median to 75th percentile
$251k
$266k
Base
$188k
Bonus
$3k
Other
$31k
Benefits
$9k
Evp/cfo
Officer (Unspecified)
$248k
$263k
Base
$191k
Bonus
Other
$57k
Benefits
$176
Senior VP
Senior Vice President
Median to 75th percentile
$232k
$246k
Base
$140k
Bonus
$24k
Other
$40k
Benefits
$9k
Senior VP
Senior Vice President
25th percentile to median
$218k
$231k
Base
$112k
Bonus
$24k
Other
$37k
Benefits
$27k
Senior VP
Senior Vice President
25th percentile to median
$214k
$227k
Base
$166k
Bonus
Other
$28k
Benefits
$6k
Senior VP
Senior Vice President
25th percentile to median
$207k
$220k
Base
$135k
Bonus
$14k
Other
$34k
Benefits
$16k
Senior VP
Senior Vice President
25th percentile to median
$207k
$219k
Base
$109k
Bonus
$24k
Other
$39k
Benefits
$20k
VP
Board Vice President
Median to 75th percentile
$203k
$215k
Base
$124k
Bonus
$16k
Other
$39k
Benefits
$9k
Chairman
Board Chair
25th percentile to median
$17k
$18k
Board Member
25th percentile to median
$16k
$17k
Treasurer
Board Treasurer
75th to 90th percentile
$15k
$16k
Vice Chairman
Board Vice Chair
Median to 75th percentile
$15k
$16k
Board Member
25th percentile to median
$15k
$16k
Board Member
25th percentile to median
$15k
$16k
Secretary
Board Secretary
Median to 75th percentile
$15k
$16k

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.

Up 17%
from 2023

From $758k in 2023 to $888k in 2024.

$758k
2023
$888k
2024
In today's dollarsEst.
Up 14% in real terms$828k to $942k

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.

Pay for the position

Chief Executive Officer pay rose 17% from 2023 to 2024, while revenue rose 17%.

$758k in 2023 to $888k in 2024.
  • Executive Vice President pay rose 22% from 2023 to 2024.
  • Board Vice President pay rose 31% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Revenue and expenses over time

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

RevenueExpenses
$143.5M
$131.7M
2023
$167.4M
$156.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FIRST COMMUNITY CREDIT UNION

What does the Chief Executive Officer of FIRST COMMUNITY CREDIT UNION earn?

In 2024, the Chief Executive Officer of FIRST COMMUNITY CREDIT UNION received $888,090 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FIRST COMMUNITY CREDIT UNION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at FIRST COMMUNITY CREDIT UNION falls in the top 10%.

What are FIRST COMMUNITY CREDIT UNION's revenue and expenses?

In 2024, FIRST COMMUNITY CREDIT UNION reported $167.4M in total revenue and $156.1M in total expenses on its IRS Form 990.

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