Mission
STATE CHARTERED CREDIT UNION MUTUALLY OWNED BY OUR 20,680 MEMBERS TO PROMOTE THRIFT ISSUE SHARES AND MAINTAIN ACCOUNTS AND MAKE LOANS TO OUR MEMBERS. FUNDS NOT NEEDED FOR LIQUIDITY OR FOR LOANS ARE TEMPORARILY INVESTED.
Public Charity
BOWATER EMPLOYEES CREDIT UNION
BOWATER EMPLOYEES CREDIT UNION is a Public Charity headquartered in CALHOUN, TN. Financial data from the 2025 filing: $22.4M revenue, $19.1M expenses, $296.3M total assets.
EIN: 620553259
CALHOUN, TN
Latest filing: 2025
Total Revenue$22.4M
Total Expenses$19.1M
Total Assets$296.3M
Grant Records0
Filing Years2021–2025
Where $100 goes at Bowater Employees Credit Union
How Bowater Employees Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
Operated during 2025 as a state chartered credit union that is mutually owned by 20,680 members to promote thrift issue shares and maintain accounts and make loans to…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Director
Clara Pat Burger
Chairman
David Lattimore
Treasurer
Jamie Creekmore
Secretary
Jean Ann Toomey
CEO
Jennifer Carter
Executive Consultant
Matthew Holden
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $22.4M | $19.1M | $296.3M |
| 2024 | $19.3M | $15.3M | $304.3M |
| 2023 | $15.2M | $12.1M | $255.6M |
| 2022 | $12.2M | $9.7M | $259.0M |
| 2021 | $10.0M | $8.6M | $238.2M |
Between 2021 and 2025, reported annual revenue grew from $10.0M to $22.4M (+125%), with total assets most recently reported at $296.3M.
Interactive year-over-year charts and full filing details available with membership.