MTCU

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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

1955

Legal Domicile

Principal Officer

JUSTIN MARLER

Phone

4326887300

Tax Period

2023-01-01 to 2023-12-31

MTCU, founded in 1955, is a community nonprofit that reported $8.9M in total revenue in fiscal year 2023. Expenses of $8.0M left a modest 10% surplus.

Mission

MTCU IS A COOPERATIVE THRIFT INSTITUTION AND IS A MEMBER OF THE NATIONAL CREDIT UNION ASSOCIATION INSURANCE FUND. MTCU IS REGULATED BY THE STATE OF TEXAS CREDIT UNION DEPARTMENT AS WELL AS THE NATIONAL CREDIT UNION ADMINISTRATION. MTCU OFFERS PRODUCTS AND SERVICES IN FOUR PRIMARY AREAS: SHARE & CHECKING ACCOUNTS, CONSUMER LOANS, AND REAL ESTATE LOANS. MTCU IS DEDICATED TO PROVIDING PERSONAL, COURTEOUS, AND PROFESSIONAL SERVICE IN AN EFFICIENT AND CARING MANNER AND TO MEETING THE DIVERSE NEEDS OF THE MEMBER-OWNERS THROUGH SOUND MANAGEMENT PRACTICES.

Program Service Accomplishments

Program 1

SHARE ACCOUNTS:MTCU SHARE ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. MTCU HAD 7,579 MEMBER-OWNED ACCOUNTS ON DECEMBER 31, 2023. MEMBERS' SAVINGS ACCOUNTS PAY DIVIDENDS MONTHLY AND OFFER ACCESS THROUGH THREE BRANCHES, HOME BANKING VIA THE INTERNET OR TELEPHONE, AND ATMS WORLDWIDE. SPECIAL SAVINGS ACCOUNTS DESIGNED FOR CHILDREN AND TEENAGERS ENCOURAGE THE DEVELOPMENT OF CONSISTENT SAVINGS HABITS.

Program 2

CHECKING ACCOUNTS:MTCU PROVIDES CHECKING ACCOUNTS FOR MEMBERS. MTCU EXTENDS THE REACH OF THESE ACCOUNTS TO ALL MEMBERS WITH FREE DEBIT CARDS, FREE INTERNET ACCESS, FREE BILL PAY, AND FREE TELEPHONE...

Program 3

CONSUMER LOANS:MTCU HAS PROVIDED VEHICLE LOANS SINCE ITS FIRST YEAR OF BUSINESS. THE CONSUMER LOAN PRODUCT LINE NOW INCLUDES EFFICIENT UNDERWRITING AND FLEXIBLE OFFERINGS FOR RECREATIONAL VEHICLES...

CONSUMER LOANS:MTCU HAS PROVIDED VEHICLE LOANS SINCE ITS FIRST YEAR OF BUSINESS. THE CONSUMER LOAN PRODUCT LINE NOW INCLUDES EFFICIENT UNDERWRITING AND FLEXIBLE OFFERINGS FOR RECREATIONAL VEHICLES, BOATS, AND MOTORCYCLES. CONSUMER LIFE AND DISABILITY INSURANCE IS AVAILABLE ON ANY OF THESE LOAN TYPES. MTCU OFFERS PERSONAL LOANS, HOME EQUITY LOANS, MORTGAGE LOANS, AND CREDIT CARDS. AS OF DECEMBER 31, 2023 MTCU HAD 4,398 CONSUMER LOANS WITH A BALANCE OF $72,372,340

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $7,561,915

Investment Income $1,311,182

Other Revenue $0

TOTAL REVENUE $8,873,097

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,111,933

Fundraising Expenses $0

Other Expenses $4,901,225

TOTAL EXPENSES $8,013,158

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,873,097	$8,352,706	+0.1%
Expenses	$8,013,158	$7,438,390	+0.1%
Net Income	$859,939	$914,316	-0.1%

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

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

$944,061

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY ASHLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
JON BRENNER	BOARD MEMBER	1.00	Director	$0	$0	$0
ARIEL ELLIOTT	BOARD MEMBER	1.00	Director	$0	$0	$0
LINDA HANCOCK	SECRETARY	1.00	Officer Director	$0	$0	$0
BETTY MERRITT	CHAIR	1.00	Officer Director	$0	$0	$0
OFELIA PALLANEZ	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JAYME TEDDER	TREASURER	1.00	Officer Director	$0	$0	$0
JANA HANEY	FORMER PRESIDENT	40.00	Officer	$380,607	$63,920	$444,527
BROOKE MARTIN	FORMER CFO	40.00	Officer	$199,807	$15,540	$215,347
JUSTIN MARLER	PRESIDENT	40.00	Officer	$202,753	$43,907	$246,660
ESTRELLA AGUILAR	CFO	40.00	Officer	$35,856	$1,671	$37,527
CESAR TARIN	VICE PRESIDENT OF LENDING	40.00	Highest	$152,188	$35,841	$188,029
SUSAN MASTEN	EXECUTIVE VICE PRESIDENT	40.00	Highest	$128,243	$30,640	$158,883

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
2024	No data	No data	No data	No data
2023	$8,873,097	$8,013,158	$138,084,055	$859,939
2022	$8,352,706	$7,438,390	$148,244,519	$914,316
2021	$7,400,793	$6,775,537	$143,998,178	$625,256
2020	$7,741,069	$6,960,232	$135,379,260	$780,837
2019	$7,453,685	$7,076,638	$129,946,776	$377,047
2018	$6,712,631	$6,455,591	$129,853,916	$257,040