Mission
COOPERATIVE SOCIETY INCORPORATED FOR THE TWOFOLD PURPOSE OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST.
Public Charity
MUTUAL SAVINGS CREDIT UNION
Based in BIRMINGHAM, AL, MUTUAL SAVINGS CREDIT UNION operates as a Public Charity. The organization reported $17.0M in revenue, $15.1M in expenses, $235.9M in total assets for fiscal year 2024.
EIN: 630148940
BIRMINGHAM, AL
Latest filing: 2024
Total Revenue$17.0M
Total Expenses$15.1M
Total Assets$235.9M
Grant Records0
Filing Years2019–2024
Where $100 goes at Mutual Savings Credit Union
How Mutual Savings Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 7 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
Code of alabama, sec 5-17-1, states that a credit union is a cooperative society incorporated for the twofold purpose of promoting thrift among its members and creating a…
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
BOARD MEMBER
Allen Ritter
CFO
David Mooney
BOARD MEMBER
Derrell Crimm
VP LENDING SERVICES
Jeffrey Graham
VP BUSINESS BANKING
Jimmie Rochester Ii
SUPERVISORY COMMITTEE CHAIRPERSON
Karl Hendrickson
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $17.0M | $15.1M | $235.9M |
| 2023 | $14.0M | $13.5M | $228.0M |
| 2022 | $12.3M | $11.0M | $218.9M |
| 2020 | $10.1M | $10.4M | $202.8M |
| 2019 | $11.4M | $10.9M | $173.4M |
Between 2019 and 2024, reported annual revenue grew from $11.4M to $17.0M (+48%), with total assets most recently reported at $235.9M.
Interactive year-over-year charts and full filing details available with membership.