First Community Credit Union
Nonprofit profile at a glance
- EIN
- 741212168
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Houston, Texas, US
- Phone
- 281-856-5300
- Rating confidence
- Limited
Reported finances
- Revenue
- $167,373,815
- Expenses
- $156,139,923
- Assets
- $2,554,931,538
- Liabilities
- $2,373,498,721
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- RENE TIJERINA (CEO)
Highest reported compensation
- RENE TIJERINA (CEO): $888,090 total reported compensation
- KEITH DOMINGUE (EVP/CFO): $566,158 total reported compensation
- RANDAL W WARD (EVP LENDING): $399,557 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Cooperative provider of credit union financial services to those who live or work in harris, montgomery, and ft bend counties. As a member of the national credit union insurance fund, the credit union is regulated by the state of Texas credit union dept as well as the national credit union administration.
What it reported doing in 2024
Checking accounts - available for consumers as well as businesses with various features, from free accounts to those with enhanced benefits. Checking accounts have been designed to meet the needs of all age groups and financial status. Teenager accounts are available (with a parent or guardian as a joint signer) to begin teaching proper money management seniors qualify for our best checking account at a discounted rate. Fresh start checking accounts are available to those who would normally be unable to establish a checking account elsewhere. High yield money management accounts are available to those who maintain high balances and wish to earn money market rates. Small businesses can also benefit from one of our three affordable and flexible business checking accounts. Additionally, fccu extends the reach of these accounts to all members with free debit cards, free internet account access, free electronic bill payer services and free electronic statements. Some checking accounts offer dividends that are paid monthly. Over 50% of the credit union's members have a checking account.
Operating model
- Revenue model
- Earned-program. 85% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Accountability: 100
- Sustainability: 62
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 6.7%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 16.36; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0.93; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 3.7%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 9.5% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 9% per year; rating input score 100; 65th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 7 of 7 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $888K · 24 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $11.4M reported
- Consistency: 13 of 13 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 24 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Liabilities to assets ratio scored 10/100.
- High — Sustainability: Officer compensation ratio scored 29/100.