EAST TEXAS PROFESSIONAL CREDIT UNI… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1953

Legal Domicile

Principal Officer

JENNY SMITH

Phone

9033230230

Tax Period

2025-01-01 to 2025-12-31

EAST TEXAS PROFESSIONAL CREDIT UNION, founded in 1953, is a mid-sized nonprofit that reported $89.4M in total revenue in fiscal year 2025. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $25.3M, a strong 28% operating margin.

Mission

To be the financial institution of choice for our membership

Program Service Accomplishments

Program 1

Expenses: $1,901,850 Revenue: $59,162,029

ETPCU provides all types of consumer lending products including automobile (direct and indirect), boat, motorcycle, home mortgage, home equity, home improvement and HELOC's. All loans are granted...

ETPCU provides all types of consumer lending products including automobile (direct and indirect), boat, motorcycle, home mortgage, home equity, home improvement and HELOC's. All loans are granted using risk based pricing levels at highly competitive rates.

Program 2

Expenses: $18,476,421

ETPCU requires a share account with a minimum balance of $5.00 to become a member. Our accounts pay rates that are competitive with other financial institutions in our area. With membership, all...

ETPCU requires a share account with a minimum balance of $5.00 to become a member. Our accounts pay rates that are competitive with other financial institutions in our area. With membership, all members have rights to all of our services which include checking accounts, term share certificates, loans internet banking and theme park tickets at discounted rates.

Program 3

Expenses: $1,458,863 Revenue: $2,177,881

ETPCU has numerous checking account products including Advantage Checking which allows overdraft courtesy of up to $175. Most of our accounts are interest bearing and have little to no service fees. We also offer Money Market checking for those who can maintain a minimum balance of $1,000 and want to earn a higher rate of interest.

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Trantor Score

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

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $76,578,508

Investment Income $12,609,782

Other Revenue $244,767

TOTAL REVENUE $89,433,057

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,594,795

Fundraising Expenses $0

Program Expenses $21,837,134

Other Expenses $44,513,771

TOTAL EXPENSES $64,108,566

Year-over-Year Comparison

	2025	2024	Change
Revenue	$89,433,057	$82,471,516	+0.1%
Expenses	$64,108,566	$60,764,060	+0.1%
Net Income	$25,324,491	$21,707,456	+0.2%

Key Indicators

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

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

N/A

Employees

433

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

Total Directors

Key Employees

$2,430,144

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
W Byron Norton	President	40	Key Emp Highest	$1,054,915	$0	$1,054,915
John Griffin	SRVP Lending	40	Key Emp	$221,695	$0	$221,695
Scot Haines	SRVP Operations	40	Key Emp	$200,971	$0	$200,971
Kerri Dalme	SRVP Branch Operations	40	Key Emp	$178,169	$0	$178,169
Keitha Nilsson	SRVP Branch Operations	40	Key Emp	$158,680	$0	$158,680
Douglas Gonzales	VP Information Technology	40	Highest	$151,428	$0	$151,428
Jenny Smith	SRVP Accounting Manager	40	Key Emp	$142,495	$0	$142,495
Meagan Staples	VP HR Manager	40	Key Emp	$126,166	$0	$126,166
Richard Martin	VP Indirect Lending	40	Key Emp	$121,014	$0	$121,014
Greg Jeffery	VP Branch Operations	40	Key Emp	$114,594	$0	$114,594
Kelly Evans	VP Branch Operations	40	Key Emp	$111,445	$0	$111,445

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	$89,433,057	$64,108,566	$1,402,343,568	$25,324,491
2024	$82,471,516	$60,764,060	$1,322,488,787	$21,707,456
2023	$67,204,448	$46,515,614	$1,196,894,416	$20,688,834
2022	$48,939,993	$37,551,936	$1,179,947,147	$11,388,057
2021	$39,825,100	$27,290,062	$963,213,382	$12,535,038
2020	$38,657,943	$26,436,365	$826,175,436	$12,221,578
2019	$38,339,633	$25,381,175	$653,838,562	$12,958,458
2018	$33,958,773	$22,585,954	$615,308,609	$11,372,819

EAST TEXAS PROFESSIONAL CREDIT UNION