Program areas at First Community Credit Union of Beloit
We funded $105,908,213 in loans during 2022. As of 12/31/2022 we had $43,432,709 in mortgages/home equity loans and $192,270,043 in consumer loans. We also had 1,757 Credit card accounts with our members at 12/31/22.we have deposit, transaction, and investment accounts with 27,500 members as of 12/31. During 2022 we opened 4,784 new deposit, transaction, and investment accounts.
First Community Credit Union supports the communities that we serve in many ways. This includes providing financial education in local school districts and donating time and money to many Community organizations. In 2022, we supported several food drives and local homeless shelters. We also employee bilingual staff in an effort to bring more Community members into the financial mainstream. Additionally, we host educational sessions for improving one's Credit score, buying a First home, and personal budgeting. As a member-owned cooperative, our focus is always on the members and communities that we serve.
Personnel at First Community Credit Union of Beloit
Name | Title | Compensation | Date of data |
---|
Jack Gill | President | $346,763 | 2023-05-12 |
Mark Hutchinson | Chief Financial Officer | $113,856 | 2022-12-31 |
Ryan Miller | Executive Vice President Operations | $168,473 | 2021-12-31 |
Shawna Sherry | Mortgage Originator | $104,359 | 2021-12-31 |
Dave Waller | Chairman | $0 | 2022-12-31 |
...and 3 more key personnel |
Financials for First Community Credit Union of Beloit
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $0 | $0 | - |
Program services | $12,284,684 | $11,529,804 | 6.5% |
Investment income and dividends | $216,665 | $30,210 | 617.2% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $-33,004 | $-24,324 | -35.7% |
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 | $12,468,345 | $11,535,690 | 8.1% |
Organizations like First Community Credit Union of Beloit
Organization | Type | Location | Revenue |
---|
Governmental Employees Credit Union | 501(c)(14) | La Crosse, WI | $3,521,998 |
Sentry Credit Union | 501(c)(14) | Stevens Point, WI | $3,850,431 |
Oakdale Credit Union (OCU) | 501(c)(14) | Oakdale, WI | $4,086,946 |
Tomah Area Credit Union | 501(c)(14) | Tomah, WI | $3,376,958 |
Winnebago Community Credit Union (WCCU) | 501(c)(14) | Oshkosh, WI | $6,162,060 |
Glacier Hills Credit Union | 501(c)(14) | West Bend, WI | $9,272,339 |
Superior Choice Credit Union (SCCU) | 501(c)(14) | Superior, WI | $30,905,234 |
Premier Financial Credit Union | 501(c)(14) | New Holstein, WI | $4,403,229 |
Shipbuilders Credit Union | 501(c)(14) | Manitowoc, WI | $5,269,006 |
Prospera Credit Union | 501(c)(14) | Appleton, WI | $16,930,595 |
Data update history
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 1 new personnel
May 19, 2023
Updated personnel
Identified 4 new personnel
October 8, 2021
Posted financials
Added Form 990 for fiscal year 2020
October 8, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unionsChapter / child organizations
Issues
Hunger
Characteristics
State / local level
General information
- Address
- 1702 Park Ave
- Beloit, WI 53511
- Metro area
- Janesville-Beloit, WI
- County
- Rock County, WI
- Website URL
- firstccu.com/
- Phone
- (608) 362-9077
IRS details
- EIN
- 39-0269470
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1933
- 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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