Program areas at ECU
Operated during 2023 as a state chartered mutually owned Credit Union that promoted thrift by maintaining accounts and issuing shares resulting in superior value. Served 324,672 members with a variety of deposit products totaling $6,820,127,690.
Invested any surplus not required for loans to exercise those functions described in the law of the state of Tennessee authorizing the organization of Credit unions thereby furnishing other cooperative financial services to members.
Operated during 2023 as a state chartered mutually owned Credit Union that made loans to its members at reasonable rates of interest. Maintained a loan portfolio composed of consumer, mortgage, home equity, visa and member business loans that totaled $6,892,988,026.
Personnel at ECU
| Name | Title | Compensation | Date of data |
|---|
| Kelly Price | President and Chief Executive Officer | $1,003,483 | 2023-05-04 |
| Jeremiah Lounds | Vice President , Chief Operating Officer | $282,893 | 2022-12-31 |
| Tonja Fish | Vice President , Chief Financial Officer | $423,646 | 2022-12-31 |
| Debra Bridwell | Senior Vice President , Chief Marketing Officer | $172,445 | 2022-12-31 |
| Russell Ayscue | Vice President , Chief Information Officer | $287,474 | 2022-12-31 |
| ...and 21 more key personnel |
Financials for ECU
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $395,732,615 | $321,487,147 | 23.1% |
| Investment income and dividends | $40,131,711 | $20,562,384 | 95.2% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $177,184 | $172,024 | 3% |
| Net gain from sale of non-inventory assets | $49,248 | $247,514 | -80.1% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $436,090,758 | $342,469,069 | 27.3% |
Organizations like ECU
| Organization | Type | Location | Revenue |
|---|
| Knoxville Tva Employees Credit UNION | 501(c)(14) | Knoxville, TN | $170,977,094 |
| Credit Unions Chartered in the State of Michigan - 48 Lake Michigan Credit Union | 501(c)(14) | Grand Rapids, MI | $692,047,277 |
| Ent Credit Union | 501(c)(14) | Colorado Springs, CO | $406,110,668 |
| Georgia's Own Credit Union | 501(c)(14) | Atlanta, GA | $209,813,141 |
| Royal Credit Union (RCU) | 501(c)(14) | Eau Claire, WI | $198,876,123 |
| Sound Credit Union | 501(c)(14) | Tacoma, WA | $118,091,214 |
| TwinStar Credit Union | 501(c)(14) | Olympia, WA | $119,511,993 |
| Safe Credit Union | 501(c)(14) | Folsom, CA | $183,102,902 |
| Patelco Credit Union | 501(c)(14) | Dublin, CA | $314,717,655 |
| General Electric Credit Union | 501(c)(14) | Cincinnati, OH | $167,594,908 |
Data update history
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 6 new personnel
June 26, 2023
Used new vendors
Identified 2 new vendors, including , and
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 26, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Grantmaking organizationsCredit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
- Address
- PO Box 1989
- Kingsport, TN 37662
- Metro area
- Kingsport-Bristol, TN-VA
- County
- Sullivan County, TN
- Website URL
- ecu.org/Â
- Phone
- (800) 999-2328
IRS details
- EIN
- 62-6039479
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1934
- 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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