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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
138
City
Nashville
State
Tennessee
Year formed
1955
Most recent tax filings
2023-12-01
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.
Also known as...
Cornerstone Financial Credit Union
Total revenues
$31,385,639
2023
Total expenses
$27,102,233
2023
Total assets
$597,961,600
2023
Num. employees
138
2023

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

Employee salaries and benefits
Loan related expenses
Interest expense

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

NameTitleCompensation
Rob ByrdChief Financial Officer$220,710
Rod PayneChief Information Officer$119,803
William FryeVice President , Marketing$163,700
Matt MielkeVice President , It and Facilities$151,180
Kallar McCownVice President , Branch Operations$170,233
...and 4 more key personnel

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

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$23,601,439
Investment income and dividends$1,062,173
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$100,091
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$6,621,936
Total revenues$31,385,639

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

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-10990View PDF
2022-122023-05-11990View PDF
2021-122022-05-12990View PDF
2020-122021-05-13990View PDF
2019-122020-09-10990View PDF
...and 10 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$8,780,666
Old Hickory Credit UnionOld Hickory, TN$14,832,560
Consumer Credit UnionGreeneville, TN$26,237,078
Heritage South Community CuShelbyville, TN$19,988,135
Ten Credit Union (TTCU)Nashville, TN$19,477,558
Southeast Financial Credit UnionFranklin, TN$29,260,817
First South Financial Credit UnionBartlett, TN$40,066,306
US Community Credit UnionNashville, TN$19,517,866
Employee Resources Credit Union (ERCU)Lawrenceburg, TN$8,673,266
Data update history
August 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 2, 2024
Updated personnel
Identified 3 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 16, 2023
Updated personnel
Identified 3 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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