EIN 62-0579508

First South Financial Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
197
Year formed
1957
Most recent tax filings
2022-12-01
Description
First South Financial Credit union is a member-owned, federally insured financial institution serving over 50,000 members throughout the world. They provide a full range of financial services to members in a convenient and efficient manner.
Related structure
First South Financial Credit Union is child organization, under the parent exemption from Credit Unions Chartered in the State of Tennessee / State of Tn-Dept of Financial Insti.
Total revenues
$40,066,306
2022
Total expenses
$29,046,406
2022
Total assets
$795,631,441
2022
Num. employees
197
2022

Program areas at First South Financial Credit Union

Members are offered a full suite of Financial services that meet all of their needs.

Personnel at First South Financial Credit Union

NameTitleCompensation
W Craig EsraelPresident and Chief Executive Officer$1,160,653
Summers TownsendChief Operating Officer$214,843
Paul PennebakerChief Financial Officer
Tammy CraigChief Information Officer$214,843
Ian JohnsonSenior Vice President Technology and Innovation$124,132
...and 7 more key personnel

Financials for First South Financial Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$13,496,515
Investment income and dividends$3,880,487
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$22,689,304
Total revenues$40,066,306

Form 990s for First South Financial Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122021-11-10990View PDF
2018-122020-01-23990View PDF
2017-122019-02-21990View PDF
...and 9 more Form 990s

Organizations like First South Financial Credit Union

OrganizationLocationRevenue
Memphis City Employees Credit UnionMemphis, TN$23,689,199
Bowater Employees Credit UnionCalhoun, TN$12,161,157
Consumer Credit UnionGreeneville, TN$20,055,124
Old Hickory Credit UnionOld Hickory, TN$14,832,560
Heritage South Community CuShelbyville, TN$17,607,679
Knoxville Tva Employees Credit UNIONKnoxville, TN$170,977,094
Southeast Financial Credit UnionFranklin, TN$24,888,572
The Tennessee Credit Union (TTCU)Nashville, TN$14,793,248
Credit Unions chartered in the State of Tennessee Cornerstone Financial Credit UnionNashville, TN$23,967,218
US Community Credit UnionNashville, TN$17,909,727
Data update history
December 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 25, 2023
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 11, 2023
Used new vendors
Identified 17 new vendors, including , , , , , , , , , , , , , , , , and
June 30, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
2723 Summer Oaks Dr
Bartlett, TN 38134
Metro area
Memphis, TN-MS-AR
Website URL
firstsouth.com/ 
Phone
(901) 380-7400
Facebook page
firstsouthfincu 
Twitter profile
@firstsouthfincu 
IRS details
EIN
62-0579508
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1957
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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