First Central Credit Union

Fiscal year ending 2024. Filed on November 6, 2025.

6201 Sanger Avenue
Waco, Texas 76710

First Central Credit Union (EIN: 74-1137995) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, First Central Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 6 out of 86 total employees. Among the employees shown here, the average compensation is $176,663. The highest compensated employee at First Central Credit Union is Jo Betsy Tyler with fiscal year 2024 compensation of $362,849.

Revenue, expenses, and employee compensation

Revenue

$16,211,380

Expenses

$14,606,563

Employee compensation

$4,526,815
Revenue, expenses, and employee compensation over time

Mission Statement

FIRST CENTRAL CREDIT UNION IS A FINANCIAL INSTITUTION, SPECIFICALLY A CREDIT UNION WHICH IS A COOPERATIVE PROVIDER OF FINANCIAL SERVICES TO OUR MEMBERS. FIRST CENTRAL CREDIT UNION IS COMMITTED TO PROVIDING SECURE, COMPETITIVE FINANCIAL SERVICES, DEDICATED TO OFFERING THE BEST POSSIBLE BENEFITS TO OUR MEMBERS, AND TO MAKING A DIFFERENCE IN THE COMMUNITIES WE SERVE WHILE CONTINUING TO BUILD CAPITAL RESERVES THROUGH INNOVATIVE AND SOUND BUSINESS PRACTICES. FIRST CENTRAL CREDIT UNION IS A STATE OF TEXAS CHARTERED CREDIT UNION AND A MEMBER OF CUNA. WE ARE ALSO DESIGNATED AS "JUNTOS AVANZAMOS" BY CORNERSTONE CREDIT UNION LEAGUE WHICH SIGNIFIES THAT FIRST CENTRAL HAS A LONG TERM VISION AND COMMITMENT TO SERVING THE NEEDS OF THE HISPANIC MARKET. IN 2018 FIRST CENTRAL CREDIT UNION WAS AWARDED CERTIFICATION AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) BY THE US DEPARTMENT OF THE TREASURY.

Revisions to this organization profile

November 6, 2025:
2024 First Central Credit Union 990 filed
October 28, 2024:
2023 First Central Credit Union 990 filed
October 6, 2023:
Amended (originally filed May 13, 2022)2021 First Central Credit Union 990 filed

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