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Filing year 2024

MTCU

Midland, Texas·EIN 75-1100957·14
Total revenue
$9.3M
Total assets
$135M
Total expenses
$8.1M
Reported officers
11
Mission

MTCU IS A COOPERATIVE THRIFT INSTITUTION AND IS A MEMBER OF THE NATIONAL CREDIT UNION ASSOCIATION INSURANCE FUND. MTCU IS REGULATED BY THE STATE OF TEXAS CREDIT UNION DEPARTMENT AS WELL AS THE NATIONAL CREDIT UNION ADMINISTRATION. MTCU OFFERS PRODUCTS AND SERVICES IN FOUR PRIMARY AREAS: SHARE & CHECKING ACCOUNTS, CONSUMER LOANS, AND REAL ESTATE LOANS. MTCU IS DEDICATED TO PROVIDING PERSONAL, COURTEOUS, AND PROFESSIONAL SERVICE IN AN EFFICIENT AND CARING MANNER AND TO MEETING THE DIVERSE NEEDS OF THE MEMBER-OWNERS THROUGH SOUND MANAGEMENT PRACTICES.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

$234k
$248k
Base
$191k
Bonus
Other
$270
Benefits
$16k
Vice President of Lending
vice president
$172k
$182k
Base
$138k
Bonus
Other
$414
Benefits
$14k
Mortage Lender
highest compensated employee
$113k
$120k

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 7 unpaid individuals.

Down 47%
from 2023

From $445k in 2023 to $234k in 2024.

$445k
2023
$234k
2024
In today's dollarsEst.
Down 49% in real terms$485k to $248k

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

MTCU reported revenue and expenses across 2 filing years.

RevenueExpenses
$8.9M
$8M
2023
$9.3M
$8.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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