EIN 62-0526770

The Tennessee Credit Union (TTCU)

IRS 501(c) type
501(c)(14)
Num. employees
146
Year formed
1950
Most recent tax filings
2022-12-01
Description
The mission of The Tennessee Credit Union is to provide services to its members, including loan, checking and saving services.
Related structure
TTCU is child organization, under the parent exemption from Credit Unions Chartered in the State of Tennessee / State of Tn-Dept of Financial Insti.
Also known as...
Credit Unions Charted in the
Total revenues
$14,793,248
2022
Total expenses
$15,212,498
2022
Total assets
$407,626,939
2022
Num. employees
146
2022

Program areas at TTCU

As of 12/31/22, The Tennessee Credit Union (ttcu) has 9 locations covering a wide geographic area of middle and east Tennessee. Ttcu offers a wide range of consumer Credit and deposit products & services. These include Credit cards, secured and unsecured term and revolving loans, residential construction and permanent mortgage lending. Ttcu retains most mortgage loans but occasionally sell mortgages to fnma and fhlmc and retains servicing. Ttcu provides value services as "summer pay" programs, and seasonal savings accounts such as christmas and vacation club savings to aid our consumer members in managing their budgets and achieving their financial thrift objectives. Key data as of december 31, 2022 include 9 locations, 99 employees, 24,097 members, 23,376 loan accounts and 42,352 deposit accounts.
Tennessee scholastic art competition held annually at cheekwood art and gardens. In 2022, The Tennessee Credit Union contributed $10,000 in funds to finance The competition and make entry fees affordable for all young competitors in The middle Tennessee area.
The Tennessee Credit Union entered into a commitment with metro nashville board of education to establish, provide equipment, furnishings, educational training, and operational support for The antioch high school's "The Tennessee Credit Union academy of business and finance". Additionally, ttcu provides paid summer internships to worthy students, training them in operating a limited-service Credit Union at The school. During 2022, ttcu provided $62,582 in resources such as internships, training, and equipment for The program.

Grants made by TTCU

GranteeGrant descriptionAmount
Cheekwood Botanical Garden and Museum of ArtCharitable Contribution$10,000

Who funds The Tennessee Credit Union (TTCU)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Community Foundation of Middle Tennessee (CFMT)For Unrestricted Use$5,025

Personnel at TTCU

NameTitleCompensation
Michael MartinChief Executive Officer$168,546
Rafael RondonPresident and Chief Executive Officer$267,652
Maria EdwardsChief Operating Officer
Andres LlanosChief Financial Officer$40,430
Joseph KnowlesVice President It$107,759
...and 4 more key personnel

Financials for TTCU

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$12,829,308
Investment income and dividends$1,963,940
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$14,793,248

Form 990s for TTCU

Fiscal year endingDate received by IRSFormPDF link
2022-122023-07-26990View PDF
2021-122022-11-14990View PDF
2020-122021-11-10990View PDF
2018-122020-02-10990View PDF
2017-122018-12-22990View PDF
...and 8 more Form 990s

Organizations like TTCU

OrganizationLocationRevenue
Memphis City Employees Credit UnionMemphis, TN$23,689,199
Enbright Credit UnionNashville, TN$4,938,371
Northeast Community Credit UnionElizabethton, TN$6,535,819
Scenic Community Credit Union (SCCU)Hixson, TN$6,491,428
Johnsonville Tva Employees Credit UnionCamden, TN$5,400,399
The Credit Union for Robertson CountySpringfield, TN$5,294,390
Consumer Credit UnionGreeneville, TN$20,055,124
Old Hickory Credit UnionOld Hickory, TN$14,832,560
Heritage South Community CuShelbyville, TN$17,607,679
Southeast Financial Credit UnionFranklin, TN$24,888,572
Data update history
February 13, 2024
Updated personnel
Identified 4 new personnel
November 28, 2023
Received grants
Identified 1 new grant, including a grant for $5,025 from Community Foundation of Middle Tennessee (CFMT)
August 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 22, 2023
Updated personnel
Identified 5 new personnel
August 19, 2023
Used new vendors
Identified 6 new vendors, including , , , , , and
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local levelCommunity engagement / volunteering
General information
Address
1400 8th Ave South
Nashville, TN 37203
Metro area
Nashville-Davidson--Murfreesboro--Franklin, TN
County
Davidson County, TN
Website URL
ttcu.org/ 
Phone
(615) 244-1910
Facebook page
TheTennesseeCU 
Twitter profile
@tncreditunion 
IRS details
EIN
62-0526770
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1950
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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