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  4. Railway Employees Credit Union
EIN 63-0362060

Railway Employees Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
5
City
Muscle Shoals
State
Alabama
Year formed
1935
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Railway Employees Credit Union provides financial services for its members through various deposit and loan programs. With approximately 1,471 members, they offer a variety of financial services to meet their customers' needs. Their programs include various deposit and loan services to help members manage and grow their finances.
Related structure
Railway Employees Credit Union is child organization, under the parent exemption from Alabama Credit Union Administration.
Also known as...
Credit Unions in the State of Alabama
Total revenues
$558,613
2022
Total expenses
$475,760
2022
Total assets
$18,908,048
2022
Num. employees
5
2022

Program areas at Railway Employees Credit Union

The Credit Union provided a variety of loan services for its members.
The Credit Union provided a variety of deposit services for its members.

Personnel at Railway Employees Credit Union

NameTitleCompensation
Mary Leigh MatthewsManager$86,142
Phillip WrightSC Member$0
Jeremy UtleyCredit Commi$0
James FullerSC Chairman$0
Roy E ClementCredit Comm$0
...and 3 more key personnel

Financials for Railway Employees Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$371,819
Investment income and dividends$186,794
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$558,613

Form 990s for Railway Employees Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-03990View PDF
2021-122022-04-25990View PDF
2020-122021-08-04990View PDF
2019-122021-06-08990View PDF
2018-122019-10-12990View PDF
...and 9 more Form 990s

Organizations like Railway Employees Credit Union

OrganizationLocationRevenue
Credit Unions in the State of Alabama Azalea City Credit UnionMobile, AL$2,228,511
Federal Employees Credit UnionBirmingham, AL$856,545
Birmingham City Credit UnionBirmingham, AL$966,521
L and N Employees Credit UnionBirmingham, AL$561,023
City Credit UnionTuscaloosa, AL$821,644
Alabama River Credit UnionMonroeville, AL$847,705
Wcu Credit UnionDecatur, AL$1,433,001
Mobile Government Employees Credit UnionMobile, AL$482,433
Shoreline Credit UnionTuscaloosa, AL$1,027,947
Secure First Credit UnionBirmingham, AL$2,026,221
Data update history
July 11, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 6 new personnel
May 19, 2023
Updated personnel
Identified 5 new personnel
May 12, 2023
Used new vendors
Identified 1 new vendor, including
October 8, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
1604 Gusmus Ave
Muscle Shoals, AL 35661
Metro area
Florence-Muscle Shoals, AL
County
Colbert County, AL
Website URL
railwaycreditunion.com/ 
Phone
(256) 383-7940
IRS details
EIN
63-0362060
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1935
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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