EIN 74-6054885

Capitol Credit Union (CCU)

IRS 501(c) type
501(c)(14)
Num. employees
68
City
State
Year formed
1954
Most recent tax filings
2023-12-01
Description
Capitol Credit Union exists to provide convenience to its members through a range of quality financial services and products offered at the best possible rates in a professional and personalized manner. What once began in a desk drawer in the basement of the Capitol is now the foundation for your financial future. This mission statement, adopted by the Board of Directors in 1998, is known and understood by all CCU employees. The Board and staff realize that the members are the Credit Union’s reason for existence and are committed to embracing and energizing this mission statement.
Related structure
CCU is child organization, under the parent exemption from Credit Union Department of Texas.
Total revenues
$10,144,109
2023
Total expenses
$9,289,864
2023
Total assets
$213,925,831
2023
Num. employees
68
2023

Program areas at CCU

Capitol Credit Union provides a wide range of secured and unsecured loans to its members for consumable items, such as autos, boats, motorcycles, rvs, home equity loans and line-of-credits, signature loans and line-of-credits and share or share certificate.
Capitol Credit Union offers certificates of deposit to its members with varying terms and rates. These instruments allow our members a savings alternative that pays higher dividends than a typical savings or demand account, but with no market risk exposure.
Capitol Credit Union offers money market accounts to its members. It pays a higher dividend than a typical savings or demand account if the minimum average monthly balance requirement is met, but with the capability of writing a limited number of checks.

Financials for CCU

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$9,224,962
Investment income and dividends$870,344
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
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$48,803
Total revenues$10,144,109

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Data update history
February 13, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 14, 2025
Used new vendors
Identified 1 new vendor, including
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 22, 2024
Updated personnel
Identified 3 new personnel
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
PO Box 81647
Austin, TX 78708
Metro area
Austin-Round Rock-Georgetown, TX
County
Travis County, TX
Website URL
ccutx.org/ 
Phone
(512) 477-9465
Facebook page
capitolcu 
Twitter profile
@capitolcu 
IRS details
EIN
74-6054885
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1954
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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