STATE CHARTERED CREDIT UNION NATCHEZ-ADAMS EDUCATORS CREDIT UNION
211 LYNDA LEE DR, NATCHEZ, MS 39120

Total Revenue
$83,480
Total Expenses
$89,728
Net Assets
$559,343

Organizations Filed Purposes: TO PROMOTE THRIFT, TO ISSUE SHARES OR MAINTAIN DEPOSITS AS SET FORTH IN THE BY-LAWS OF SAID CREDIT UNION, TO MAKE LOANS TO ITS MEMBERS AT REASONABLE RATES OF INTEREST, TO INVEST ANY SURPLUS NOT REQUIRED FOR LOANS TO MEMBERS IN THE WAY AND MANNER PROVIDED BY LAW, TO EXERCISE THOSE FUNCTIONS DESCRIBED IN THE LAWS OF THE STATE OF MISSISSIPPI AND THE RULES AND REGULATIONS OF THE DEPARTMENT OF BANKING AND CONSUMER FINANCE.

OFFERED AND PROVIDED PERSONAL AND CAR LOANS TO MEMBERS WHICH ARE EMPLOYEES OF THE NATCHEZ ADAMS SCHOOL DISTRICT. OFFERED TO ALL MEMBERS OF THE CREDIT UNION SAVINGS ACCOUNTS. DIVIDENDS ON THOSE SAVINGS WERE PAID SEMI-ANNUALLY.SURPLUS MONEY NOT REQUIRED FOR LOANS OR DIVIDEND PAYMENTS WAS INVESTED IN LOCAL BANKS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Teresa FordMANAGER/CEO24$18,900
Shantoura SpearsCREDIT COMMITTEE MEMBER0.3$0
Cassandra TennesseeCREDIT COMMITTEE CHAIRPERS0.3$0
Iris MylesSUPERVISORY COMMITTEE MEMB0.5$0
Phyllis LewellynSUPERVISORY COMMITTEE MEMB0.5$0
Esther MackelSUPERVISORY COMMITTEE CHAI0.5$0
Denise FordBOARD MEMBER0.3$0
Nick PetermanBOARD MEMBER0.3$0
Donna WellbornBOARD MEMBER0.3$0
Yamika ThomasTREASURER0.3$0
Linda GraftonSECRETARY0.3$0
Sheila HickinbottomVICE-CHAIRPERSON0.3$0
Lorene MockCHAIRPERSON0.3$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201731329349304653_public.xml