Dallas, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)POLLOCK EMPLOYEES CREDIT UNION, founded in 1934, is a small nonprofit that reported $221K in total revenue in fiscal year 2021. Revenue decreased 8% compared to the prior year. Expenses of $243K exceeded revenue, resulting in a 10% operating deficit.
Pollock Employees Credit Union is a cooperative thrift institution and is a member of the Texas Credit Union Department and National Credit Union Association. It is also is a member of the Texas Credit Union Department and National Credit Union Association. It is also a member of the Cornerstone Credit Union League. It offers share accounts, share draft accounts, and consumer loans. It is a provider of credit union financial services.
Share Accounts Pollock Employees Credit Union share accounts offer advantages to members of all ages. The credit union had 960 member-owner accounts on December 31, 2021. Member share accounts...
Share Accounts Pollock Employees Credit Union share accounts offer advantages to members of all ages. The credit union had 960 member-owner accounts on December 31, 2021. Member share accounts (savings accounts) pay dividends quarterly and are accessed by phone, wiring, and ACH. Share Accounts for children and teenagers encourage the development of consistent savings habits.
Share Draft Accounts/ ATM/ Debit Cards Pollock Employees Credit Union provides Share Draft accounts with various features for its members. Share Draft accounts (checking accounts) for students have...
Share Draft Accounts/ ATM/ Debit Cards Pollock Employees Credit Union provides Share Draft accounts with various features for its members. Share Draft accounts (checking accounts) for students have no monthly charges. Adults, ages 62 and older, have no monthly charge. Regular accounts, with a minimal required balance of only $300, also have no monthly charge. Accounts that do have a monthly charge only pay a small fee. Dividends are paid monthly on the Share Drafts accounts. Additionally, the credit union extends the reach of these accounts to all members with free debit cards and low cost ACH access.
Consumer loans Pollock Employees Credit Union has provided vehicle loans since its early years. The consumer loan product line includes efficient underwriting and offerings for recreational vehicles...
Consumer loans Pollock Employees Credit Union has provided vehicle loans since its early years. The consumer loan product line includes efficient underwriting and offerings for recreational vehicles, boats, and motorcycles. Loans are offered for almost all personal needs. Small personal loans are available with low dollar payments.
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)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $221,114 | $240,601 | -0.1% |
| Expenses | $243,337 | $238,633 | +0.0% |
| Net Income | $-22,223 | $1,968 | -12.3% |
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 |
|---|---|---|---|---|---|---|
| Gene Pittman | President | 23.9 |
Officer
Key Emp
Highest
|
$43,496 | $0 | $43,496 |
| Benny Parrish | Board Chairman | 0.50 |
Director
|
$0 | $0 | $0 |
| Walter Drake | Board Vice-Chairman | 0.50 |
Director
|
$0 | $0 | $0 |
| Tracy Vandiver | Board Secretary | 1.00 |
Director
|
$0 | $0 | $0 |
| Mel Brown | Board Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Otis Conner | Board Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Richard Berk | Board Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Ron Herron | Board Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Ernie Beasley | Board Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Sandra Walker | Board Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $221,114 | $243,337 | $5,101,604 | $-22,223 |
| 2020 | $240,601 | $238,633 | $4,963,192 | $1,968 |
Compare POLLOCK EMPLOYEES CREDIT UNION with other nonprofits in Texas and across the country.