Program areas at Municipal Employees Credit Union of Okc
Loan interest income generates more funds for future loans, thus increasing member Credit availability.
Overdraft privilege - through this program, we will pay a member's check instead of returning the item when their account has a negative balance. The Credit Union still charges a $30 fee per item just as they would if the check was returned, however, by paying the check the member avoids a fee from the merchant. The Credit Union has policies in place that qualifies a member for this service.
Investment interest income funds provide higher or more competitive interest rates members earn on their deposits thus encouraging more savings, as well as a liquidity source for the Credit Union.
Personnel at Municipal Employees Credit Union of Okc
Name | Title | Compensation | Date of data |
---|
Eric Jones | Former President and Chief Executive Officer | $223,852 | 2022-12-31 |
John Cummings | President and Chief Executive Officer | $95,286 | 2022-12-31 |
Michael Brantley | Vice President of Operations | $100,333 | 2021-12-31 |
Je'Neil Torres | Vice President of Finance | $117,719 | 2023-04-12 |
Allan Bean | Vice President of Marketing | $133,978 | 2021-12-31 |
...and 2 more key personnel |
Financials for Municipal Employees Credit Union of Okc
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $0 | $0 | - |
Program services | $5,232,983 | $5,313,631 | -1.5% |
Investment income and dividends | $147,528 | $46,778 | 215.4% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $2,495,863 | $2,960,387 | -15.7% |
Total revenues | $7,876,374 | $8,320,796 | -5.3% |
Organizations like Municipal Employees Credit Union of Okc
Organization | Type | Location | Revenue |
---|
Dexter Credit Union | 501(c)(14) | Central Falls, RI | $5,043,492 |
Sofcu Community Credit Union | 501(c)(14) | Coquille, OR | $10,652,673 |
Riverdale Credit Union | 501(c)(14) | Selma, AL | $6,293,291 |
Cinco Family Financial Center Cu | 501(c)(14) | Cincinnati, OH | $5,160,124 |
Premier Credit Union | 501(c)(14) | Palatine, IL | $5,717,485 |
Kent Credit Union | 501(c)(14) | Kent, OH | $2,532,526 |
Central Corporate Credit Union | 501(c)(14) | Southfield, MI | $16,468,140 |
Credit Unions Chartered in the State of Michigan - 97 Vibe Credit Union | 501(c)(14) | Novi, MI | $25,404,715 |
SageLink Credit Union | 501(c)(14) | Durand, MI | $8,805,007 |
Kansas City Credit Union | 501(c)(14) | Kansas City, MO | $3,993,380 |
Data update history
June 25, 2023
Updated personnel
Identified 2 new personnel
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 13, 2023
Updated personnel
Identified 1 new personnel
June 9, 2023
Used new vendors
Identified 2 new vendors, including , and
July 8, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unions
Issues
No issues found
Characteristics
No characteristics found
General information
- Address
- 101 North Walker Ave
- Oklahoma City, OK 73102
- Metro area
- Oklahoma City, OK
- County
- Oklahoma County, OK
- Website URL
- mecuokc.org/
- Phone
- (405) 813-5500
IRS details
- EIN
- 73-0366010
- 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
- Independent
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