Oklahoma Central Credit Union
Improves lives for employees, members, and communities. For fiscal year 2024 it reported $38.2M in revenue, $33.1M in expenses, and $81.1M in net assets.Pt I
- Founded
- 1941
- Type
- Mutual-benefit / member-serving · Nonprofit
- Location
- Tulsa, OK
- Filings
- 5 on file (2020–2024)
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Summary of the Filing
Where the work happens
Promote savings and provide financial services to MEMBER/OWNERS - overall deposit balances increased in 2024 by $6.4m or 1.08% over the previous year. Some of the savings category changes during the year were: savings decreased by $5.8m (2.81%); regular certificates increased by $17m (19.34%); checking increased $6.6m (4.46%); iras…
Community Involvement
Oklahoma central credit union continues to support and be active in the communities we serve. In 2024, oklahoma central sponsored or was involved in the following: 1) credit union youth month encouraging youth to set goals and plan for their financial futures through youth savings accounts.
Provide Enhanced Access to Credit at Reasonable Rates
The credit union uses a prudent lending philosophy to offer various loan products at a low cost for members to finance their homes, automobiles, boats, college expenses, etc. During 2024, the credit union approved 3,334 loan requests for over $79m. A total of 293 real estate loans were approved with a dollar amount of $25m.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Eugenia Wilson | $476,445 | $447,789 | $2,037,516 | $1,004,410 | $680,556 |
| Shelli Schroeder | $239,041 | $217,654 | $207,777 | $199,371 | $181,127 |
| William Jolin | $187,463 | $177,765 | $167,998 | $158,525 | $141,889 |
| Brad Scheidt | — | — | — | $156,565 | $186,045 |
| Katrina Morton | $160,217 | $151,838 | $131,796 | — | — |
| Joyce White | $151,161 | $143,659 | — | — | — |
| Jeremy Lippiatt | $145,415 | $136,491 | $135,420 | $137,537 | — |
| Allen Coffer | $142,860 | $120,653 | $102,389 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Revenue growth | 10% | — | — |
| Legal fee ratio | 0.2% | — | — |
| Accounting fee ratio | 0.5% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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