TALLAHASSEE, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FIRST COMMERCE CREDIT UNION, founded in 1940, is a mid-sized nonprofit that reported $61.0M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $55.1M left a modest 10% surplus.
TO BE OUR MEMBERS' FINANCIAL PARTNERS FOR LIFE.
TALLAHASSEE'S #1 AUTO LENDING PROGRAM FOR OVER A DECADE. FIRST COMMERCE HAS EARNED THE TITLE OF TALLAHASSEE'S NUMBER ONE AUTO LENDER YEAR AFTER YEAR. THIS TITLE HAS BEEN CONSISTENTLY EARNED BECAUSE...
TALLAHASSEE'S #1 AUTO LENDING PROGRAM FOR OVER A DECADE. FIRST COMMERCE HAS EARNED THE TITLE OF TALLAHASSEE'S NUMBER ONE AUTO LENDER YEAR AFTER YEAR. THIS TITLE HAS BEEN CONSISTENTLY EARNED BECAUSE THE CREDIT UNION OFFERS A RANGE OF AUTO LOAN CHOICES FOR ALMOST EVERY BUDGET AND CREDIT LEVEL. FIRST COMMERCE'S FLEXIBLE TERMS AND COMPETITIVE RATES ALLOW MEMBERS TO PURCHASE THE VEHICLE THEY NEED AT A MONTHLY PAYMENT THEY CAN AFFORD.
FCCU OFFERS A FULL RANGE OF FINANCIAL PRODUCTS FOR BUSINESSES. THEY INCLUDE LENDING FOR OPERATING EXPENSES, EQUIPMENT, INVENTORY, REAL ESTATE, AND OTHER NEEDS AS WELL AS BUSINESS CREDIT CARD...
FCCU OFFERS A FULL RANGE OF FINANCIAL PRODUCTS FOR BUSINESSES. THEY INCLUDE LENDING FOR OPERATING EXPENSES, EQUIPMENT, INVENTORY, REAL ESTATE, AND OTHER NEEDS AS WELL AS BUSINESS CREDIT CARD OFFERINGS. DEPOSIT PRODUCTS FROM BASIC BUSINESS CHECKING TO A FULL SUITE OF TREASURY SERVICES ARE ALSO AVAILABLE. FCCU INCORPORATES INTEREST BEARING ACCOUNTS, TIME DEPOSITS, FUNDS TRANSFER, AND DIGITAL AND REMOTE BUSINESS SERVICES.
FIRST COMMERCE CREDIT UNION OFFERS A WIDE ARRAY OF ELECTRONIC SERVICES TO MEMBERS. ALMOST 46,000 MEMBERS UTILIZE DIGITAL BANKING TO KEEP TRACK OF THEIR ACCOUNTS, MAKE TRANSFERS, MAKE MOBILE DEPOSITS...
FIRST COMMERCE CREDIT UNION OFFERS A WIDE ARRAY OF ELECTRONIC SERVICES TO MEMBERS. ALMOST 46,000 MEMBERS UTILIZE DIGITAL BANKING TO KEEP TRACK OF THEIR ACCOUNTS, MAKE TRANSFERS, MAKE MOBILE DEPOSITS AND PAY BILLS. FCCU'S BILL PAY OFFERS SAME DAY BILL PAY AND OVERNIGHT CHECK OPTIONS TO PROVIDE MEMBERS FLEXIBILITY IN HOW THEY MAKE THEIR PAYMENTS. ACCOUNT-TO-ACCOUNT TRANSFERS PROVIDE MEMBERS CONVENIENT OPTIONS IN MOVING THEIR FUNDS. OVER HALF OF OUR ACTIVE ONLINE BANKING USERS HAVE ENROLLED IN MOBILE BANKING. FCCU PRESENTS MEMBERS AND NON-MEMBERS WITH ONLINE OPTIONS TO OPEN AN ACCOUNT; APPLY FOR AUTO OR PERSONAL LOANS; AND APPLY FOR A MORTGAGE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $60,956,938 | $49,452,473 | +0.2% |
| Expenses | $55,069,957 | $41,095,263 | +0.3% |
| Net Income | $5,886,981 | $8,357,210 | -0.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ALAN NEUBAUER | BOD CHAIRPERSON | 1.00 |
Director
|
$0 | $0 | $0 |
| KATHY ARRANT | BOD TREASURER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHONDA KNIGHT | BOD DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN GRAYSON | BOD SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| JERRY OSTERYOUNG | BOD DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CANITA PETERSON | BOD VICE CHAIRPERSON | 1.00 |
Director
|
$0 | $0 | $0 |
| CASEY STOUTAMIRE | BOD DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CECILIA D HOMISON | CEO | 40.00 |
Officer
|
$661,240 | $32,600 | $693,840 |
| DENNIS G ADAMS | SENIOR EXECUTIVE VICE PRES | 40.00 |
Officer
|
$392,391 | $31,866 | $424,257 |
| ANGELA TERHUNE | CFO | 40.00 |
Officer
|
$201,655 | $19,660 | $221,315 |
| KIMBERLY S HOWES | COO | 40.00 |
Key Emp
|
$291,533 | $15,886 | $307,419 |
| JUSTIN HOF | CHIEF INFORMATION OFFICER | 40.00 |
Key Emp
|
$269,630 | $18,228 | $287,858 |
| AMY K GROFF | CHIEF PEOPLE OFFICER | 40.00 |
Key Emp
|
$224,546 | $73 | $224,619 |
| MARY B ESTES | EXECUTIVE VICE PRESIDENT | 40.00 |
Key Emp
|
$213,093 | $2,480 | $215,573 |
| BARBARA WILLIAMS-ANDERSON | MARKET EXECUTIVE | 40.00 |
Highest
|
$186,464 | $16,304 | $202,768 |
| STEVEN REYNOLDS | VICE PRESIDENT OF BUSINESS | 40.00 |
Highest
|
$163,595 | $21,593 | $185,188 |
| WILMA T WOOTEN | CONTROLLER | 40.00 |
Highest
|
$162,872 | $16,663 | $179,535 |
| JOY SANDERS | VICE PRESIDENT OF MEMBER S | 40.00 |
Highest
|
$158,607 | $26,335 | $184,942 |
| WARREN SUMNER | DIRECTOR OF LENDING | 40.00 |
Highest
|
$157,185 | $21,940 | $179,125 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $60,956,938 | $55,069,957 | $1,069,625,273 | $5,886,981 |
| 2022 | $49,452,473 | $41,095,263 | $1,014,264,212 | $8,357,210 |
| 2021 | $46,857,921 | $39,411,572 | $972,658,522 | $7,446,349 |
| 2020 | $47,845,792 | $44,728,914 | $919,350,223 | $3,116,878 |
| 2019 | $39,613,609 | $35,355,027 | $615,519,411 | $4,258,582 |
| 2018 | $36,489,769 | $32,657,054 | $606,327,093 | $3,832,715 |
Compare FIRST COMMERCE CREDIT UNION with other nonprofits in Florida and across the country.