Organizations Filed Purposes:
SWEETEX CREDIT UNION OFFERS SAVINGS AND LOANS TO A SINGLE EMPLOYEE GROUP AND THEIR FAMILIES AT ECONOMICAL RATES AND ENCOURAGES THE FINANCIAL HEALTH OF OUR MEMBER-OWNERS
MEMBER SHARE/SAVINGS ACCOUNTS-SWEETEX CREDIT UNION'S SHARE/SAVINGS ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. THE CREDIT UNION HAD MORE THAN 1000 MEMBER OWNED ACCOUNTS ON DECEMBER 31, 2012. MEMBER ACCOUNTS ARE PAID DIVIDENDS MONTHLY WITH AVAILABILITY OF DIRECT DEPOSIT AND ACH FOR TRANSACTIONS. THE CREDIT UNION ENCOURAGES THE DEVELOPMENT OF SAVING HABITS.
CONSUMER LOANS-SWEETEX CREDIT UNION HAS PROVIDED VEHICLE AND OTHER SECURED LOANS SINCE ITS BEGINNING IN 1952. THE CONSUMER LOAN PRODUCT LINE NOW INCLUDES EFFICIENT UNDERWRITING AND FLEXIBLE OFFERINGS FOR RV'S, BOATS, MOTORCYCLES, NEW AND USED AUTOS, AND UNSECURED LOANS. CONSUMER CREDIT LIFE AND DISABILITY INSURANCE AND GUARANTEED AUTO BALANCE PROTECTION COVERAGE ARE AVAILABLE AT GROUP RATES JUST FOR OUR MEMBER BORROWERS.
HOME LOANS-SWEETEX CREDIT UNION HAS BEEN OFFERING HOME LOANS FOR OVER 20 YEARS AT COMPETITIVE RATES TO ITS MEMBERSHIP AND BEGAN OFFERING HOME EQUITY LOANS IN RECENT YEARS. THE CREDIT UNION CURRENTLY BOOKS THESE LOANS IN-HOUSE TO MATURITY. SWEETEX IS VERY CONSERVATIVE IN IT'S MORTGAGE LENDING, ONLY FINANCING 80%OR LESS LOAN TO VALUE FOR 20 OR LESS YEARS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Lawanda Drennan | PRESIDENT/CEO | 40 | $84,269 |
| Ronald Tevebaugh | DIRECTOR | 0.5 | $0 |
| Adrienne Newhouse | DIRECTOR | 0.5 | $0 |
| Steve King | DIRECTOR | 1.5 | $0 |
| Billy Parr | BOARD SECRETARY | 2 | $0 |
| Raymond F Taylor | BOARD VICE CHAIRMAN | 2 | $0 |
| Rita Hogan | BOARD CHAIRMAN | 2 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202021369349304087_public.xml