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EIN 63-0421601

Valley Credit Union (VCU)

IRS 501(c) type
501(c)(14)
Num. employees
39
City
Tuscumbia
State
Alabama
Year formed
1956
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Credit Union - to provide services to approximately 6,548 members in the form of loans, savings, and other financial services. To provide thrift opportunities and low cost loans to members. Credit Union - to provide financial services for its members.
Related structure
VCU is child organization, under the parent exemption from Alabama Credit Union Administration.
Total revenues
$4,170,298
2023
Total expenses
$3,878,663
2023
Total assets
$102,030,791
2023
Num. employees
39
2023

Program areas at VCU

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 VCU

NameTitleCompensation
Dawn TruittChief Executive Officer and Secretary and Treasurer$174,615
Brittany CobbSupervisory$0
Larry DanleySupv Comm CH$0
Hillard SparksChief Executive Officer and Secretary and Treasurer$169,477
Marvin DailySupervisory$0

Financials for VCU

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$2,726,268
Investment income and dividends$1,420,410
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$23,620
Total revenues$4,170,298

Form 990s for VCU

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-15990View PDF
2022-122023-04-07990View PDF
2021-122022-03-03990View PDF
2020-122021-04-05990View PDF
2019-122020-12-11990View PDF
...and 10 more Form 990s

Organizations like VCU

OrganizationLocationRevenue
Riverdale Credit UnionSelma, AL$6,293,291
Wcu Credit UnionDecatur, AL$1,433,001
Landmark Credit UnionFairfield, AL$2,082,933
Birmingham City Credit UnionBirmingham, AL$1,173,190
Secure First Credit UnionBirmingham, AL$2,026,221
Heritage South Credit UnionSylacauga, AL$9,575,524
Red Oak Credit UnionTuscaloosa, AL$2,234,656
Mutual Savings Credit UnionBirmingham, AL$12,277,489
Naheola Credit UnionPennington, AL$9,386,778
TVA Community Credit UnionMuscle Shoals, AL$15,805,515
Data update history
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 10, 2023
Updated personnel
Identified 2 new personnel
July 11, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
PO Box 388
Tuscumbia, AL 35674
Metro area
Florence-Muscle Shoals, AL
County
Colbert County, AL
Website URL
valleycreditunion.net/ 
Phone
(256) 381-4800
IRS details
EIN
63-0421601
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1956
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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