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  4. Credit Unions chartered in the State of Tennessee Cornerstone Financial Credit Union
EIN 62-0575774

Credit Unions chartered in the State of Tennessee Cornerstone Financial Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
134
City
Nashville
State
Tennessee
Year formed
1955
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Credit Unions chartered in the State of Tennessee Cornerstone Financial Credit Union offers a full range of financial services. Their programs include processing debit and credit card expenses, as well as employee salaries and benefits. The credit union is located in Nashville, TN.
Related structure
Credit Unions chartered in the State of Tennessee Cornerstone Financial Credit Union is child organization, under the parent exemption from Credit Unions Chartered in the State of Tennessee / State of Tn-Dept of Financial Insti.
Also known as...
Cornerstone Financial Credit Union
Total revenues
$23,967,218
2022
Total expenses
$18,375,366
2022
Total assets
$584,412,377
2022
Num. employees
134
2022

Program areas at Credit Unions chartered in the State of Tennessee Cornerstone Financial Credit Union

Employee salaries and benefits
Debit/credit card processing expenses

Personnel at Credit Unions chartered in the State of Tennessee Cornerstone Financial Credit Union

NameTitleCompensation
Rob ByrdChief Financial Officer$195,376
Rod PayneChief Information Officer$204,885
William FryeVice President Marketing$142,866
Kallar McCownVice President Branch Operations$150,187
Laura WilliamsonExecutive Vice President$313,375
...and 1 more key personnel

Financials for Credit Unions chartered in the State of Tennessee Cornerstone Financial Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$17,165,724
Investment income and dividends$517,572
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$82,226
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$6,201,696
Total revenues$23,967,218

Form 990s for Credit Unions chartered in the State of Tennessee Cornerstone Financial Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-11990View PDF
2021-122022-05-12990View PDF
2020-122021-05-13990View PDF
2019-122020-09-10990View PDF
2018-122019-10-12990View PDF
...and 9 more Form 990s

Organizations like Credit Unions chartered in the State of Tennessee Cornerstone Financial Credit Union

OrganizationLocationRevenue
Memphis City Employees Credit UnionMemphis, TN$23,689,199
Northeast Community Credit UnionElizabethton, TN$6,535,819
Old Hickory Credit UnionOld Hickory, TN$14,832,560
Consumer Credit UnionGreeneville, TN$20,055,124
Heritage South Community CuShelbyville, TN$17,607,679
The Tennessee Credit Union (TTCU)Nashville, TN$14,793,248
Southeast Financial Credit UnionFranklin, TN$24,888,572
First South Financial Credit UnionBartlett, TN$40,066,306
Lowland Credit Union (LCU)Morristown, TN$6,331,553
Bowater Employees Credit UnionCalhoun, TN$12,161,157
Data update history
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 16, 2023
Updated personnel
Identified 3 new personnel
February 4, 2023
Posted financials
Added Form 990 for fiscal year 2020
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
October 27, 2020
Updated personnel
Identified 2 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 120729
Nashville, TN 37212
Metro area
Nashville-Davidson--Murfreesboro--Franklin, TN
County
Davidson County, TN
Website URL
bankcfcu.org/ 
Phone
(615) 385-6866
IRS details
EIN
62-0575774
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1955
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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