Why Credit Union of Texas
FY2024 · Form 990Its mission and biggest programs, as filedOffers loans, leases, and savings accounts to members.
- Consumer and commercial loans and leases: Credit Union of Texas offers various consumer loan products to our members. These are closed-end loans that include new and used automobiles, motorcycles, boats and recreational vehicles and motor homes as well as unsecured…
- Certificates of deposits (cds) and individual retirement account certificates (iras): Credit Union of Texas offers cds and iras for our members to invest in both short and long term investment vehicles at a guaranteed rate of return. Interest rates are…
- Share accounts: Credit Union of Texas has a minimum $5.00 share account balance requirement and a one time $10.00 membership fee. Member share accounts may pay a monthly dividend. These "savings" accounts are paid a competitive rate to benefit our…
Before you apply
FY2024 · Form 990Independent: from IRS data, not the orgPays its leaders
$248K–$2.1M
12 officers reported
Fine: from the org's Form 990.
Pt VII · Sec A
Budget
$208.8M
spent in FY2024
Fine: from the org's Form 990.
Pt I · Ln 18
Staff
701
employees
10 volunteers
Fine: from the org's Form 990.
Pt I · Ln 5–6
Surplus or deficit
+4%
of revenue, FY2024
Looks good: revenue was at least expenses in the latest filing.
Pt I · Ln 19
Cash reserves
11 mo
of spending, in cash and securities
Looks good: 10.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file
IRS status
501(c)(14)
tax-exempt since 1976
Looks good: listed by the IRS.
IRS BMF
Looks goodFineWorth a lookConcernTap a box for the reason.
About the role
The org's own posting, as writtenThe Collections Officer assists Credit Union of Texas members in resolving loan delinquency and other account issues affecting loan repayment. Working primarily by outbound and inbound telephone contact, the role negotiates payment arrangements, processes payments, performs skip tracing, examines delinquent loans, and makes recommendations for extensions, due date changes, refinancing, and repossession when warranted. The objective is to reduce delinquency and charge-offs on loans, leases, and credit cards while delivering exceptional, regulation-compliant member service on every contact.
About Credit Union of Texas
From its Form 990- Budget $218.1M
- Staff 701 · founded 1931
- Pays its leaders $248K–$2.1M (12 reported)
- Open jobs 0 · Jobs at Credit Union of Texas · Full 990 report