Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1976.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
29 people listed on the 990; $9.8M paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Lonnie Nicholson | $2,494,947 | $2,376,831 | $2,312,265 | $2,235,034 | $2,160,810 | $2,147,690 |
| Robert C Sanger Retired Dec 2023 | — | — | $1,768,128 | — | — | — |
| Robert C Sanger | — | — | — | $1,612,148 | $1,554,742 | $1,556,183 |
| Matt Kaudy | $800,534 | $731,225 | $777,103 | $563,850 | $529,564 | $642,989 |
| David Shurtz | $611,656 | $585,581 | $702,671 | $537,217 | $490,930 | $600,692 |
| Bradley Schone | $684,146 | $551,698 | $628,564 | — | — | — |
| Tim Burch | $597,153 | $569,573 | $677,187 | $506,792 | $475,475 | $578,363 |
| Robin Harris | $605,350 | $583,089 | $668,810 | $449,323 | $371,148 | $421,886 |
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.
See Eecu executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
- Loans to or from officersSch L · Pt II11 listed
Programs and updates
Offers loans and savings accounts to improve members' financial well-being.
Questions for Eecu
Your first name shows with your question. Eecu answers here, for everyone.
The credit union operates under the provisions of the laws and rules of the Texas Credit Union Department and National Credit Union Administration. It's purpose is to encourage thrift among its members and provide credit at fair and reasonable rates of interest. This provides an opportunity to improve the members' economic conditions.
Voluntary cooperative, non-profit credit union incorporated under the provisions of the laws and rules of the Texas Credit Union Department to encourage thrift among its members, providing credit at fair and reasonable rates of interest and providing an opportunity to improve our members' economic condition.
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $527.2M | $511.8M |
| InvestmentsLn 11–13 | $190.1M | $268.0M |
| Land, buildings, equipmentLn 10c | $43.6M | $45.3M |
| Total assetsLn 16 | $4.11B | $4.59B |
| LiabilitiesLn 26 | $36.1M | $47.1M |
| Net assetsLn 32 | $4.08B | $4.54B |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $9.4M | |||
| Other salaries and wagesLn 7 | $26.0M | |||
| Pension plan contributionsLn 8 | $1.7M | |||
| Other employee benefitsLn 9 | $6.8M | |||
| Payroll taxesLn 10 | $2.5M | |||
| Management feesLn 11a | $216K | |||
| Legal feesLn 11b | −$219K | |||
| Investment management feesLn 11f | $215K | |||
| Advertising and promotionLn 12 | $4.2M | |||
| Office expensesLn 13 | $21.8M | |||
| Information technologyLn 14 | $176K | |||
| OccupancyLn 16 | $4.0M | |||
| Conferences, conventions and meetingsLn 19 | $440K | |||
| InterestLn 20 | $98.9M | |||
| Depreciation, depletion and amortizationLn 22 | $2.1M | |||
| InsuranceLn 23 | $561K | |||
| Other expenses (24a–d)Ln 24 | $23.7M | |||
| All other expensesLn 24e | $11.3M | |||
| Total functional expensesLn 25 | $213.7M | $0 | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS Apr 8, 2026 | $276.9M | $213.7M | $63.2M | $4.5B | 990 PDF |
| FY2024Filed with the IRS Apr 4, 2025 | $246.0M | $192.7M | $53.2M | $4.1B | 990 PDF |
| FY2023Filed with the IRS May 2, 2024 | $198.6M | $152.2M | $46.4M | $3.7B | 990 PDF |
| FY2022Filed with the IRS May 2, 2023 | $152.3M | $104.1M | $48.2M | $3.4B | 990 PDF |
| FY2021Filed with the IRS Mar 30, 2022 | $132.7M | $96.2M | $36.5M | $3.3B | 990 PDF |
| FY2020Filed with the IRS Mar 29, 2021 | $131.8M | $102.9M | $28.9M | $2.9B | 990 PDF |
Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $276,922,397 revenue, 12 lines filed
Part VI · Governance 5 of 9 board members independent, no flags
Part VIII · Statement of revenue $276,922,397 across 15 lines filed
Part IX · Statement of functional expenses $213,724,468 across 18 lines filed
Part X · Balance sheet $4,586,598,539 assets, 12 lines filed
Part XI · Reconciliation of net assets $4,539,476,448 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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