EIN 74-1196893

Public Employees Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
78
City
State
Year formed
1952
Most recent tax filings
2023-12-01
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
$16,225,684
2023
Total expenses
$10,794,806
2023
Total assets
$426,329,185
2023
Num. employees
78
2023

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.

Financials for Public Employees Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$12,380,434
Investment income and dividends$3,845,250
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$16,225,684

Organizations like Public Employees Credit Union

OrganizationLocationRevenue
North East Texas Credit UnionLone Star, TX$9,477,993
Alliance Credit UnionLubbock, TX$40,796,804
United Heritage Credit Union (UHCU)Austin, TX$79,701,411
Doches Credit UnionNacogdoches, TX$4,463,808
Texell Credit UnionTemple, TX$51,325,244
Texas Bridge Credit UnionCorpus Christi, TX$4,446,773
Members Credit UnionCleburne, TX$5,572,065
Neighborhood Credit UnionDallas, TX$68,073,576
Texas DPS Credit UnionAustin, TX$4,420,117
Texas Health Credit UnionAustin, TX$6,193,127
Data update history
August 7, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 23, 2024
Updated personnel
Identified 1 new personnel
July 10, 2024
Used new vendors
Identified 1 new vendor, including
July 30, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
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
Free account sign-up

Want updates when Public Employees Credit Union has new information, or want to find more organizations like Public Employees Credit Union?

Create free Cause IQ account