Cause IQ organization profile

First Commerce Credit Union

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

First Commerce Credit Union is a credit union based in Tallahassee, FL that was founded in 1940. As of 2019 they had $36 million in revenue and $606 million in assets.They are a child organization of State Charter Credit Unions in Florida Group Return.

To be our members financial partner for life. To provide services and education to members in the framework of a financial cooperative. To be our members' financial partners for life.

EIN:
59-0687423
City:
State:
Website:
Founded:
1940
Type:
501(c)(14)
NTEE:
Revenue:
$36,489,769
Assets:
$606,327,093
Employees:
217
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at First Commerce Credit Union

Tallahassee's #1 auto lending program for over a decade- first commerce has earned the title of tallahassee's number one auto lender year after year. This title has been consistently earned because the credit union offers a range of auto loan choices for almost every budget and credit level. First commerce's flexible terms and competitive rates allow members to purchase the vehicle they need at a monthly payment they can afford.

First commerce offers a wide array of electronic services to members. More than 30,000 members utilize ibranch! Online banking to keep track of their accounts, make transfers, and pay bills. Fccu's bill pay offers rush payments which include next business day check options to give members flexibility in how they make their payments. Person-to-person payments (p2p) and member -to-member (m2m) transfers, located within online banking under the transactions menu, which gives members convenient options in moving their money. About half of our active online banking users have enrolled in ibranchmobile!. Fccu also presents members and non-members with options to open an account, apply for auto or personal loans, and apply for a mortgage online. Ensenta mobile deposit serves more than 6,489 members who deposit over $19 million each year.

Business services program - first commerce credit union has been an innovator in the delivery of services to its members. Fccu has adapted to a changing world while remaining focused on the mission to be "people helping people and building a trusted financial institution that now has twelve branches and over 56,000 members. Today, in addition to providing services for the varied financial needs of individual members, fccu offers ibiz, a business services program, with a new and exciting line of services for businesses of all sizes. Ibiz includes free and interest-bearing checking options, merchant services, business lending, and business credit cards.

Form 990s for First Commerce Credit Union

Fiscal year endingDate received by IRSFormPDF link
2018-12Feb 10, 2020990View PDF
2017-12Mar 15, 2019990View PDF
2016-12Nov 8, 2017990OView PDF
2015-12Mar 3, 2017990OView PDF
2014-12Jan 27, 2016990OView PDF
...and five more Form 990 PDFs

Financials for First Commerce Credit Union

Field2018
Total grants, contributions, etc.$0
Program services$31,995,726
Investment income and dividends$1,914,416
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$985,877
Net gain from sale of non-inventory assets$9,364
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,584,386
Total revenues$36,489,769

Vendors for First Commerce Credit Union

VendorServicesAmount paidDate
Doeren MayhewTax accounting; Audit accounting2020-02-10
██████Fundraising software2019-10-19
███████ ███ ████Fundraising software; Payment processing2019-10-19
██████Data Processing Home Banking$1,555,6092018-12-01
████ █████ ███ ██████████ ███Core Processor$484,9192018-12-01
███ ███ ██████ ████████████Construction$1,885,1822018-12-01
███ ███████████Technology Services$565,6402018-12-01
██ ████████ ███Home Banking$492,2832018-12-01
...and 10 more vendors

Personnel at First Commerce Credit Union

NameTitleCompensationMost recent data
Cecilia HomisonChief Executive Officer$416,720Oct. 22, 2019
Dennis G AdamsExecutive Vice President and Chief Financial Officer$238,225Feb. 10, 2020
██████ █████████Chief of Staff$122,358Dec. 31, 2018
████████ █████Vice President of Marketing$154,043Dec. 31, 2018
█████ ██████ ██████Vice President of People$156,060Oct. 22, 2019
████ █████Senior Vice President of People-Oct. 22, 2019
███ █████Senior Vice President Strategic Initiatives-Oct. 22, 2019
██████ █████Senior Vice President and Cxo$151,323Dec. 31, 2018
████ █████Executive Vice President$326,271Oct. 22, 2019
███████████ ███Director of It$120,215Dec. 31, 2018
...and six more key personnel

Peer credit unions

 NameTypeRevenueLocation
1Fka PBC Credit Unions501(c)(14)$12 millionWest Palm Beach, FL
2Community First Credit Union of Florida501(c)(14)$80 millionJacksonville, FL
3We Florida Financial501(c)(14)$31 millionMargate, FL
4Achieva Credit Union501(c)(14)$88 millionDunedin, FL
5Members First Credit Union of Florida501(c)(14)$10 millionPensacola, FL
6BrightStar Credit Union (BSCU)501(c)(14)$29 millionFort Lauderdale, FL
7Florida State University Credit Union (FSUCU)501(c)(14)$14 millionTallahassee, FL
8Florida Credit Union (FCU)501(c)(14)$74 millionGainesville, FL
9Tropical Financial Credit Union501(c)(14)$35 millionMiramar, FL
10Envision Credit Union501(c)(14)$37 millionTallahassee, FL
11FAIRWINDS Credit Union501(c)(14)$127 millionOrlando, FL
12State Chartered Credit Unions in Florida 121 Financial Credit Union501(c)(14)$31 millionJacksonville, FL
13Central Credit Union of Florida501(c)(14)$10 millionPensacola, FL
14Campus USA Credit Union501(c)(14)$87 millionJonesville, FL
15Insight Credit Union501(c)(14)$27 millionOrlando, FL
16Community CREDIT UNIONS of Florida501(c)(14)$37 millionRockledge, FL
17First Florida Credit Union501(c)(14)$34 millionJacksonville, FL
18IBM Southeast Employees Credit Union501(c)(14)$60 millionDelray Beach, FL
19Summit Credit Union501(c)(14)$134 millionMadison, WI
20Heritage Community Credit Union (HCCU)501(c)(14)$9.1 millionRancho Cordova, CA
21North Island Financial Credit Union501(c)(14)$57 millionSan Diego, CA
22Five County Credit Union501(c)(14)$16 millionBath, ME
23Marion and Polk Schools Credit Union501(c)(14)$37 millionSalem, OR
24CoVantage Credit Union501(c)(14)$73 millionAntigo, WI
25Consumers Credit Union501(c)(14)$56 millionOshtemo, MI

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