EIN 59-0690964

Bay Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
34
State
Year formed
1952
Most recent tax filings
2019-12
Description
Bay Credit Union is a financial institutions, credit union in Panama City, FL whose mission is: To provide residents of Bay county with financial and depository services.
Related structure
Bay Credit Union is child organization, under the parent exemption from State Charter Credit Unions in Florida Group Return.
Also known as...
State Chartered Credit Unions in Florida

Program areas at Bay Credit Union

Credit Union programs: the Credit Union provides a vehicle for saving in the form of regular savings accounts, certificates of deposit, etc.
Credit Union program: the Credit Union provides low cost services such as safe deposit boxes, checking, overdraft protection, bill pay and wire transfer.
Credit Union program: the Credit Union provides loans in the form of visa Credit cards, mortgages, lines of Credit and consumer loans.

Form 990s for Bay Credit Union

Fiscal year endingDate received by IRSFormPDF link
2019-122021-06-08990OView PDF
2018-122020-01-21990View PDF
2017-122019-06-19990View PDF
2016-122017-12-29990OView PDF
2015-122017-01-17990OView PDF
...and 6 more Form 990s

Financials for Bay Credit Union

RevenuesFYE 12/2019
Total grants, contributions, etc.$0
Program services$2,625,186
Investment income and dividends$1,095,731
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,196,303
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$807,219
Total revenues$5,724,439

Personnel at Bay Credit Union

NameTitleCompensation
Mike AkersPresident and Chief Executive Officer
Stefania JonesVice President and Chief Financial Officer$104,948
Robert LittlePast President and Chief Executive Officer$157,358
 Subscribe to viewTreasurer$0
 Subscribe to viewChairperson$0
...and 5 more key personnel

Organizations like Bay Credit Union

OrganizationLocationRevenue
Priority Credit UnionOrlando, FL$3,674,353
State Chartered Credit Unions in Florida - 277 G P C E Credit UnionPensacola, FL$1,848,892
State Chartered Credit Unions in Florida - 146 Priority One CR Union FloridaSunrise, FL$6,348,639
State Chartered Credit Unions in Florida - 350 Pompano Beach City Employees CuPompano Beach, FL$1,528,400
Jackson County Teachers Credit UnionMarianna, FL$2,048,809
State Chartered Credit Unions in Florida - 96 Florida West Coast Credit UnionBrandon, FL$4,904,315
State Chartered Credit Unions in Florida Connect Credit UnionFort Lauderdale, FL$3,951,689
Florida State University Credit Union (FSUCU)Tallahassee, FL$16,032,348
State Chartered Credit Unions in Florida - 238 Ocala Community Credit UnionOcala, FL$1,613,858
State Chartered Credit Unions in Florida - 464 Powernet Credit UnionTampa, FL$3,219,133
STATE CHARTERED Credit UNIONS IN FLORIDA - 1 jacksonville postal and prof Cujacksonville, FL$1,444,148
Members First Credit Union of FloridaPensacola, FL$10,723,125
Calhoun-Liberty Employees Credit UnionBlountstown, FL$3,450,769
First Coast Community Credit UnionPalatka, FL$5,582,382
Community South Credit UnionsChipley, FL$9,567,926
AdventHealth Credit UnionAltamonte Springs, FL$3,508,460
Power Financial Credit UnionPembroke Pines, FL$28,322,709
State Chartered Credit Unions in Florida - 441 Florida Dept of Trans CR UnionTallahassee, FL$2,125,132
State Chartered Credit Unions in Florida - 123 Sun Credit UnionHollywood, FL$4,061,127
State Chartered Credit Unions in Florida First Choice Credit UnionWest Palm Beach, FL$4,922,904
Miami Postal Service Credit Union (MPSCU)Miami, FL$8,135,642
State Chartered Credit Unions in Florida 1ST Street Credit UnionSarasota, FL$1,470,974
Gulf States Credit UnionsMaitland, FL$1,500,785
Alive Credit UnionJacksonville, FL$6,691,125
State Chartered Credit Unions in Florida - 39 State Employees Credit UnionJacksonville, FL$4,525,815
Nonprofit Types
Issues
No issues found
Characteristics
Key performance indicators
Total revenues
$5,724,439
2019
Yearly growth
33%
% of revenues
n/a
Total expenses
$3,579,920
2019
Yearly growth
-9.5%
% of expenses
n/a
Total assets
$101,786,940
2019
Yearly growth
-8.1%
% of assets
n/a
Num. employees
34
2019
Yearly growth
-10.5%
% of total
n/a
General information
Address
601 Highway 231
Panama City, FL 32405
Metro area
Panama City, FL
Website URL
baycu.com/ 
Phone
(850) 785-6103
IRS details
EIN
59-0690964
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1952
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