MEMBERS CHOICE CREDIT UNION
18211 KATY FREEWAY, HOUSTON, TX 77094 www.mccu.com

Total Revenue
$29,861,142
Total Expenses
$26,795,689
Net Assets
$54,201,644

Organizations Filed Purposes: MEMBERS CHOICE CREDIT UNION IS A COOPERATIVE OWNED BY THE MEMBERS OF THE CREDIT UNION. IT IS A NON-PROFIT FINACIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBERS AT LOWER RATES THAN IS AVAILABLE FROM OTHER SOURCES.

To Promote Thrift and Provide Credit to Members at lower rates than available from other sources.

MEMBERS CHOICE CREDIT UNION PAYS COMPETITIVE DIVIDEND RATES ON SHARE DEPOSIT ACCOUNTS. TYPES OF ACCOUNTS OFFERED BY THE CREDIT UNION INCLUDE SHARE SAVINGS, CHECKING, SHARE CERTIFICATES, MONEY MARKETS AND INDIVIDUAL RETIREMENT ACCOUNTS. AS A FINANCIAL COOPERATIVE, MEMBERS CHOICE STRIVES TO OFFER THE HIGHEST QUALITY SERVICE PLUS PAY HIGHLY COMPETITIVE DIVIDENDS BACK TO THE MEMBER OWNERS.

MEMBERS CHOICE CREDIT UNION OFFERS CONSUMER LOAN PRODUCTS SUCH AS AUTO, HOME, CREDIT CARD AND SMALL BUSINESS LOANS. AS A FINANCIAL COOPERATIVE, MEMBERS CHOICE STRIVES TO OFFER THE MOST COMPETITIVE INTEREST RATES AND QUALITY SERVICE IN OUR LOCAL MARKET. MEMBERS PAY INTEREST ON LOANS WHICH IS BOOKED AS LOAN INCOME TO THE CREDIT UNION. LOAN SERVICING EXPENSES ARE INCURRED FOR DATA PROCESSING, COLLECTION EXPENSES, AND PROVISION FOR FUTURE LOAN LOSSES.

MEMBERS CHOICE CREDIT UNION PROVIDES PLASTIC CARD SERVICES FOR MEMBERS THROUGH THE USE OF DEBIT CARDS, CREDIT CARDS, MULTIPLE CREDIT UNION OWNED ATM MACHINES, AND ACCESS TO A NATIONWIDE ATM NETWORK. AS CARDHOLDERS, CREDIT UNION MEMBERS ENJOY FEE-FREE TRANSACTIONS. INCOME IS EARNED BY THE CREDIT UNION IN THE FORM OF NETWORK INTERCHANGE INCOME. EXPENSES INCURRED ARE FOR ATM HOSTING COSTS AND PLSTIC CARD PROCESSING EXPENSES PAID TO THIRD PARTY PROCESSORS.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Randy TheiligPRESIDENT CEO40$370,948
Kelly GainesSVP CDO40$178,833
Diane ParhamSR VP / CLO40$168,222
Stephen FariasSVP / CIO40$166,221
Bridgette MayonSVP / CRO40$159,831
Holla WalkerSVP / CFO40$149,265
Joye JacksonVP OF PROJECT MGMT40$115,930
Patricia WoodVP MARKETING40$115,119
Susan BradleyVP OF RISK MANAGEMENT40$108,869
Douglas HodgesVP CONSUMER AND BUSINESS LENDING40$105,788
Kodiack EmanualIT DIRECTOR40$101,435
Ken CanonVP MORTGAGE40$94,151
Renee AvilesVP BUSINESS LENDING40$89,039
Dr Paul WitheyDIRECTOR2$0
Gene AtteberryDIRECTOR2$0
Preston MeeksDIRECTOR2$0
Ron JulunDIRECTOR2$0
Tonya JordanDIRECTOR2$0
Ed Conner JrDIRECTOR2$0
Wilfred KrenekDIRECTOR TREASURER2$0
Johnny WilliamsCHAIRMAN OF THE BOARD2$0
Cameron AndersonDIRECTOR2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201943199349319489_public.xml