FIRST AREA CREDIT UNION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1961

Legal Domicile

Principal Officer

LYNN MCCOY

Phone

9897811430

Tax Period

2025-01-01 to 2025-12-31

FIRST AREA CREDIT UNION, founded in 1961, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2025. Expenses of $1.8M left a modest 4% surplus.

Mission

YOUR FINANCIAL PARTNER PROVIDING PERSONAL COMMUNITY AND INNOVATIVE SERVICE

Program Service Accomplishments

Program 1

THE CREDIT UNION PROVIDES SEVERAL DEPOSIT ACCOUNT TYPES TO MEMBERS INCLUDING SAVINGS, CHECKING, CERTIFICATES AND OTHER. THE TOTAL NUMBER OF MEMBER ACCOUNTS AT 12/31/2025 WAS 2,872.

Program 2

THE CREDIT UNION PROVIDES A VARIETY OF LOANS TO MEMBERS INCLUDING REAL ESTATE, CREDIT CARD, VEHICLE AND OTHER. THE TOTAL NUMBER OF LOANS OUTSTANDING AT 12/31/2025 WAS 885.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,345,635

Investment Income $472,647

Other Revenue $0

TOTAL REVENUE $1,818,282

Expense Breakdown

Grants Paid $0

Salaries & Benefits $607,064

Fundraising Expenses $0

Other Expenses $1,146,991

TOTAL EXPENSES $1,754,055

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,818,282	$1,753,671	+0.0%
Expenses	$1,754,055	$1,824,125	0.0%
Net Income	$64,227	$-70,454	-1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$107,491

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYNN MCCOY	CEO	40.00	Officer	$107,491	$0	$107,491
CARI SHANKS	Secretary	1.00	Director	$0	$0	$0
JAMES THEISEN JR	Chairman	1.00	Director	$0	$0	$0
MATTHEW WURTZEL	Treasurer	1.00	Director	$0	$0	$0
BEVERLY LUMSDEN	Director	1.00	Director	$0	$0	$0
TARI NEWVINE	Director	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,818,282	$1,754,055	$38,513,438	$64,227
2024	$1,753,671	$1,824,125	$40,090,569	$-70,454
2023	$1,583,444	$1,508,250	$41,370,226	$75,194
2022	$1,424,449	$1,267,614	$44,580,717	$156,835
2021	$1,377,061	$1,369,209	$44,790,042	$7,852
2020	$1,408,913	$1,333,451	$38,389,981	$75,462
2019	$1,530,202	$1,435,962	$30,454,906	$94,240
2018	$1,485,590	$1,375,981	$30,180,529	$109,609