First Community Credit Union
501(c)(14)
Strong reserves Growing revenue
First Community Credit Union is a 501(c)(14) organization based in Houston, Texas, registered in 1976, with $167,373,815 in FY2024 revenue.
15260 Fm 529 Rd, Houston, TX, 77095 EIN 74-1212168 Since 1976
Revenue (FY2024)
$167.4M
▲ 16.6% vs prior year
Expenses (FY2024)
$156.1M
Net assets
$181.4M
Employees
416
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
★★★★
Rated on 3 of 4 criteria — the rest aren't reported in this filing type.
Capped at A — the top grade requires the fuller disclosure of a complete Form 990.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for First Community Credit Union— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating14 mo reserves · +7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For First Community Credit Union: 14 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For First Community Credit Union: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For First Community Credit Union: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
First community credit union is a cooperative thrift institution that offers products and services in these primary areas for both consumers and businesses: shares/savings accounts, checking accounts, consumer and commercial loans, real estate loans, business loans, retirement investing and related products.
What they do
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.
Contact & location
Financial trends
Revenue grew from $49.9M (FY2013) to $167.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.4BNet assets $181.4M
Operating margin
6.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.6B
Total liabilities
$2.4B
Net assets
$181.4M
Salaries & benefits
$35.0M
22% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $167,373,815▲16.6% | $156,139,923▲18.6% | $181,432,817▲9.8% | $2,554,931,538▲1.9% | 990 |
| 2023 | $143,513,383▲45.8% | $131,684,366▲68.5% | $165,278,270▲8.8% | $2,507,984,781▲12.7% | 990 |
| 2022 | $98,421,005▲17.3% | $78,155,153▲18.3% | $151,935,423▼12.7% | $2,224,499,367▲13.2% | 990 |
| 2021 | $83,936,302▲6.5% | $66,038,224▼2.4% | $173,954,922▲5.0% | $1,964,514,771▲9.6% | 990 |
| 2020 | $78,841,838▼3.6% | $67,695,355▼2.1% | $165,695,929▲11.0% | $1,792,099,234▲16.3% | 990 |
| 2019 | $81,762,460▲6.4% | $69,164,469▲15.3% | $149,307,542▲11.9% | $1,541,379,016▲8.3% | 990 |
| 2018 | $76,871,635▲14.7% | $60,000,481▲11.8% | $133,468,780▲13.1% | $1,423,471,394▲5.0% | 990 |
| 2017 | $67,006,805▲8.5% | $53,657,109▲4.7% | $117,993,625▲12.8% | $1,355,230,223▲8.5% | 990 |
| 2016 | $61,775,488▲7.7% | $51,259,703▲1.9% | $104,648,777▲10.7% | $1,248,760,929▲8.5% | 990 |
| 2015 | $57,377,254▲7.7% | $50,280,519▲10.5% | $94,506,189▲7.8% | $1,151,381,824▲7.5% | 990 |
| 2014 | $53,265,307▲6.7% | $45,489,620▲6.6% | $87,644,105▲11.4% | $1,071,469,235▲8.7% | 990 |
| 2013 | $49,920,273 | $42,653,495▲6.2% | $78,640,637▲6.4% | $985,802,295▲7.8% | 990 |
| 2012 | — | $40,146,351▲5.3% | $73,906,258▲13.9% | $914,354,671▲10.9% | 990 |
| 2011 | — | $38,124,007▼9.3% | $64,904,384▲12.7% | $824,656,514▲9.7% | 990 |
| 2010 | — | $42,029,567 | $57,608,202 | $751,712,725 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Rene Tijerina — $823,792 (0.53% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Rene Tijerina | Ceo | 55 | $823,792 |
| Keith Domingue | Evp/cfo | 55 | $506,838 |
| Randal W Ward | Evp Lending | 55 | $358,584 |
| Jennifer L Kilgore | Evp | 55 | $337,810 |
| Rito Garza | Evp | 55 | $333,934 |
| Brian Turpen | Vp | 45 | $322,473 |
| Sravan M Vinjamuri | Evp | 55 | $321,294 |
| Arthur Gordon | Evp | 55 | $254,306 |
| Catherine Rigby | Evp | 55 | $253,591 |
| Edgar Barraza | Evp/cfo | 45 | $248,166 |
| Larry Hook | Senior Vp | 55 | $221,728 |
| Velsie Borja | Senior Vp | 55 | $203,095 |
| George Cheaires Jr | Senior Vp | 55 | $193,435 |
| Walter Wilkerson III | Senior Vp | 45 | $183,691 |
| Darrell Storrs | Vp | 45 | $179,316 |
| Lee Strickhouser | Senior Vp | 55 | $172,768 |
| Lance A Morgan | Senior Vp | 45 | $171,286 |
| Martin Miracle | Chairman | 2 | $17,250 |
| Doug Wilcher | Board Member | 2 | $15,750 |
| Dr Steven Walker | Treasurer | 2 | $15,000 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Brandt Constructors & Facility Services | Construction | $3,673,620 |
| Q2 Software Inc | Financial Consulting Services | $3,195,312 |
| Fiserv | It Consulting Services | $2,530,280 |
| Amplifi Loyalty Solutions | Financial Consulting Services | $1,139,856 |
| Equips | Maintenance Management | $888,527 |
Frequently asked questions
- Is First Community Credit Union a legitimate nonprofit?
- Yes. First Community Credit Union is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 74-1212168, based in Houston, Texas.
- What is First Community Credit Union's EIN?
- First Community Credit Union's Employer Identification Number (EIN) is 74-1212168.
- How much revenue does First Community Credit Union report?
- First Community Credit Union reported $167,373,815 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does First Community Credit Union's highest-paid employee make?
- The highest reported compensation on First Community Credit Union's latest Form 990 is $823,792, paid to Rene Tijerina (Ceo).
More nonprofits in Houston
Explore more
Data for First Community Credit Union (EIN 74-1212168) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.