EIN 74-1196893

Public Employees Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
96
City
State
Year formed
1952
Most recent tax filings
2022-12-01
Description
Public Employees Credit Union operates as a cooperative financial institution, owned and controlled by its members, with a mission to promote thrift and provide credit and other financial services in a professional and personal manner. The credit union offers a wide range of secured and unsecured loans for items like autos, motorcycles, RVs, home equity loans, mortgages, credit cards, signature loans, line-of-credit, share or certificate. Membership requires opening Regular Share accounts that earn quarterly dividends as determined by the Board of Directors while maintaining minimum balances.
Related structure
Public Employees Credit Union is child organization, under the parent exemption from Credit Union Department of Texas.
Total revenues
$14,631,570
2022
Total expenses
$9,114,827
2022
Total assets
$452,083,209
2022
Num. employees
96
2022

Program areas at Public Employees Credit Union

Public Employees Credit Union provides a wide range of secured and unsecured loans to its members for consumable items, such as autos, motorcycles, RVs, home equity loans, mortgages, credit cards, signature loans and line-of-credit and share or certificate secured loans. Additionally, credit insurance is available on all these loans. GAP (Guaranteed Asset Protection) insurance is a product that is likewise offered on some of our secured loans.
Public Employees Credit union offers Regular Share accounts to its members. Regular Share accounts are required for membership. These accounts receive a quarterly dividend as declared by the Board of Directors. The dividends are paid as long as minimum balance requirements are met.
Public Employees credit union offers Money Market accounts to its members. These accounts pay a higher dividend than a typical savings or checking account as long as the monthly balance minimum requirement is maintained. Interest is paid and compounded monthly.

Personnel at Public Employees Credit Union

NameTitleCompensation
Gary WhitcombPresident and Chief Executive Officer$295,660
Marc BroddrickChief Financial Officer$165,810
James PattersonVice President - Operations$101,192
Scott MurphyVice President - Marketing$108,515
Andrew CurtinIt Director$115,942
...and 9 more key personnel

Financials for Public Employees Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$12,059,231
Investment income and dividends$2,572,339
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$0
Total revenues$14,631,570

Form 990s for Public Employees Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-04-28990View PDF
2021-122022-11-02990View PDF
2020-122021-09-24990View PDF
2019-122021-06-07990View PDF
2018-122019-06-19990View PDF
...and 10 more Form 990s

Organizations like Public Employees Credit Union

OrganizationLocationRevenue
Fort Worth Community Credit UnionBedford, TX$51,151,395
Lone Star Credit UnionDallas, TX$9,474,313
Neighborhood Credit UnionDallas, TX$57,236,238
Telco Plus Credit UnionLongview, TX$3,664,534
Texas Health Credit UnionAustin, TX$4,765,420
Westex Community Credit UnionKermit, TX$8,741,308
Texas DPS Credit UnionAustin, TX$4,064,571
Alliance Credit UnionLubbock, TX$32,897,518
United Heritage Credit Union (UHCU)Austin, TX$66,954,834
Qualtrust Credit UnionIrving, TX$8,510,883
Data update history
July 30, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 6 new personnel
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 29, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 2205
Austin, TX 78768
Metro area
Austin-Round Rock-Georgetown, TX
County
Travis County, TX
Website URL
pecutx.org/ 
Phone
(512) 474-1955
IRS details
EIN
74-1196893
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1952
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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