Eastman Credit Union
Eastman Credit Union (ECU) is based in Kingsport, Tennessee. It is classified as a public charity and describes itself as a state-chartered, mutually owned credit union, formed in 1934. Its stated purpose is to provide financial products and services that add value to members. ECU also supports communities through charitable giving, financial education, and employee volunteer projects.
Key facts about Eastman Credit Union
In short: Eastman Credit Union gave $920K across 39 grants in 2025 (avg $24K), mostly in Tennessee. 33% of 2025 grantees were new. Source: 2025 IRS Form 990.
- EIN
- 62-6039479
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $919,526
- Grants made (2025)
- 39
- Average grant
- $23,578
- Median grant
- $15,000
- New grantees (estimate)
- 33% first-time grantees (13 of 39, 2025)
- Total assets
- $9,906,909,981
- Primary geography
- Tennessee (81% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$9.9B
+8.9% YoY
Annual Giving
$920K
-46.8% YoY
Grant Count
39
+30.0% YoY
Avg Grant Size
$24K
-59.0% YoY
Is Eastman Credit Union open to new grantees?
33%
first-time grantees, 2025
In 2025, 13 of 39 grantees (33%) were first-time recipients. First grants averaged $22K; repeat grants $24K. How we count
Medians: $11K first-time, $16K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
ECU’s stated mission is to be the preferred financial institution in the communities it serves by providing member-valued financial products and services, guided by credit union cooperative values and service excellence. It also says improving financial well-being is a priority and describes financial education for members and students as part of its community work.
Its 2025 grants included food assistance, health, education, community development, and event or program sponsorships. The grantees describe their own work in varied terms: Second Harvest Food Bank of Northeast Tennessee received support for an expansion project, SNAP relief, and event sponsorship; Summit Leadership Foundation says it creates relational hubs for connecting, consulting, coaching, and caring; and Frontier Health Foundation says it supports and sustains Frontier Health programs. Other supported organizations included United Ways, a regional food bank, chambers of commerce, and health and education organizations.
Grantmaking
In filing year 2025, ECU reported 39 grants totaling $919,526. Grants ranged from $5,750 to $125,780, with a median grant of $15,000. The largest listed awards included $125,780 to Second Harvest Food Bank of Northeast Tennessee for an expansion project, SNAP relief, and event sponsorship; $102,250 to the City of Kingsport for a planetarium sponsorship and general contribution; and $60,000 to Summit Leadership Foundation for a development contribution. Other notable awards were $54,500 to Healing Hands Health and $50,000 to the Tennessee Financial Literacy Commission.
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Geographic Focus
Where this funder awards grants
In 2025, 81% of grant dollars went to recipients in Tennessee, 11% to Texas, and 8% to Virginia. The listed grants include organizations in Northeast Tennessee and Southwest Virginia, as well as recipients in Texas.
Grant Distribution by State
Share of 2025 grant dollars across all 39 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $487K (2023) to $2.5M (2021). In 2025 it made 39 grants totaling $920K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Second Harvest Food Bank of Ne TN ($126K). Together the top 10 received $554K.
Grant Size Distribution
157 grants across all recorded years
The most common grant size was under $50K: 141 grants of 157 (90%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Second Harvest Food Bank of Ne TN Johnson City, TN | Expansion Project/Snap Relief/Event Sponsorship | $125,780 |
| City of Kingsport Kingsport, TN | Bays Mountain Park - Planetarium Sponsorship, General Contribution | $102,250 |
| Summit Leadership Foundation Johnson City, TN | Development Contribution | $60,000 |
| Healing Hands Health Bristol, TN | Development Contribution | $54,500 |
| Tennessee Financial Literacy Commission Nashville, TN | General Contribution | $50,000 |
| Frontier Health Foundation Gray, TN | Development Contribution/Event Sponsorship | $37,500 |
| Kingsport Chamber of Commerce Foundation Kingsport, TN | Event/Program Sponsorship | $34,800 |
| Etsu Foundation Johnson City, TN | Program Sponsorship | $30,000 |
| Martin House Children's Advocacy Center Longview, TX | Development Contribution | $30,000 |
| Barter Theatre Abingdon, VA | General Contribution | $29,302 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $9,906,909,981 | $602,491,997 | $438,179,625 | $919,526 |
| 2024 | $9,097,283,047 | $535,980,677 | $403,354,283 | $1,727,006 |
| 2023 | $8,017,428,459 | $436,090,758 | $283,680,095 | $487,017 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $9,906,909,981 | $9,097,283,047 | $8,017,428,459 |
| Revenue | $602,491,997 | $535,980,677 | $436,090,758 |
| Expenses | $438,179,625 | $403,354,283 | $283,680,095 |
| Net Investment Income | $66,219,630 | $57,958,083 | $40,180,959 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 4, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 3, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 1, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)
- Added Form 990 for fiscal year 2019 (received by the IRS May 11, 2020)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Kelly Price as president/CEO and director. Other listed officers are Tonja Fish, EVP and chief financial officer; Darrell Dinsmore, EVP and chief administrative officer; Jeremiah Lounds, VP and chief operating officer; Russell Ayscue, VP and chief information officer; Dolly Linkous, VP and chief lending officer; Mark Millwood, VP and chief human resource officer; Matt Wimberley, VP and chief legal and risk officer; Matthew Smith, VP and chief marketing/analytics officer; and Thomas Kennedy, VP of business services.
Eastman Credit Union is led by Kelly Price, President, CEO & Director since 2023 (on filings since 2019); 14 of 24 officers listed in 2025 are compensated.
Officers on the 2025 filing
Kelly Price
President, CEO & Director
Executive Vice President → President & CEO, 2020
President & CEO → President, CEO & Director, 2023
On filings since 2019
40 hrs/week
$475K (2019) → $1.3M (2025)
Norris P. Sneed
Chairman of the Board
Vice Chairman Board of Directors → Vice Chairman of the Board, 2020
Vice Chairman of the Board → Chairman of the Board, 2024
On filings since 2019
5 hrs/week
No compensation reported
Jeff W. Anderson
Director
Board of Directors → Director, 2020
On filings since 2019
3 hrs/week
No compensation reported
Kyle P. Macione
Director
Board of Directors → Director, 2020
On filings since 2019
2 hrs/week
No compensation reported
Gary Bass
Director
On filings since 2020
2 hrs/week
No compensation reported
J. Andrew Hatfield Jr.
Director
On filings since 2022
2 hrs/week
No compensation reported
Kristie J. Hammonds
Director
On filings since 2023
2 hrs/week
No compensation reported
Jennifer P. Keller
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Saul A. Hernandez
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Darrell Dinsmore
Executive Vice President & Chief Administrative Officer
Senior Vice President & Information Technology → Senior Vice President & Chief Administrative Officer, 2021
Senior Vice President & Chief Administrative Officer → Executive Vice President & Chief Administrative Officer, 2023
On filings since 2019
40 hrs/week
$362K (2019) → $527K (2025)
Dolly Linkous
Vice President & Chief Lending Officer
Director Mortgage Lending → Vice President & Chief Lending Officer, 2021
On filings since 2019
40 hrs/week
$191K (2019) → $417K (2025)
Jeremiah Lounds
Vice President & Chief Operating Officer
Vice President & Operations → Vice President & Chief Operating Officer, 2021
On filings since 2019
40 hrs/week
$221K (2019) → $443K (2025)
Mark Millwood
Vice President & Chief Human Resource Officer
Vice President & Chief Human Resource Officer → Vice President & Chief Human Resources Officer, 2023
Vice President & Chief Human Resources Officer → Vice President & Chief Human Resource Officer, 2024
On filings since 2019
40 hrs/week
$212K (2019) → $358K (2025)
Matt Wimberley
Vice President, Chief Legal & Risk Officer
Vice President & Chief Legal Officer → Vice President & Chief Legal Officer General Counsel, 2023
Vice President & Chief Legal Officer General Counsel → Vice President, Chief Legal & Risk Officer, 2024
On filings since 2019
40 hrs/week
$259K (2019) → $362K (2025)
Thomas Kennedy
Vice President & Business Services
Director Business Services → Vice President & Business Services, 2022
On filings since 2019
40 hrs/week
$212K (2019) → $337K (2025)
Tonja Fish
Executive Vice President & Chief Financial Officer
Vice President & CFO → Vice President & Chief Financial Officer, 2021
Vice President & Chief Financial Officer → Executive Vice President & Chief Financial Officer, 2023
On filings since 2019
40 hrs/week
$343K (2019) → $563K (2025)
Michelle Clark
Vice President & Enterprise Risk Management
Director & Internal Audit → Vice President Enterprise Risk Management, 2024
Vice President Enterprise Risk Management → Vice President & Enterprise Risk Management, 2025
On filings since 2021
40 hrs/week
$183K (2021) → $270K (2025)
Russell Ayscue
Vice President & Chief Information Officer
On filings since 2021
40 hrs/week
$206K (2021) → $405K (2025)
Chuck Perry
Vice President & Branch Operations
On filings since 2022
40 hrs/week
$198K (2022) → $314K (2025)
Jeffrey Davis
Vice President & Controller
New on the 2025 filing
40 hrs/week
$235K (2025)
Jill Alley Director Member
Contact Center & Digital Support
New on the 2025 filing
40 hrs/week
$204K (2025)
Matthew Smith Vp Chief
Marketing & Analytics Officer
New on the 2025 filing
40 hrs/week
$310K (2025)
Jennifer L. Stewart
Vice Chairman of the Board
Secretary & Treasurer of the Board → Secretary & Treasurer, 2022
Secretary & Treasurer → Vice Chairman of the Board, 2024
On filings since 2019
2 hrs/week
No compensation reported
Brian K. Miller
Secretary & Treasurer
Director → Secretary & Treasurer, 2024
On filings since 2022
2 hrs/week
No compensation reported
Former officers (15)
- Former: E. Wayne Kirk (2019–2024) — Chairman of the Board
- Former: Olan O. Jones Jr. (2019–2024) — Former President & CEO
- Former: Jill Alley (2022–2024) — Director & Member Contact Center
- Former: Matthew Smith (2023–2024) — Vice President, Chief Marketing & Analytics Officer
- Former: Scott Davis (2024) — Vice President & Controller
- Former: Jennifer N. Wolfe (2019–2023) — Director
- Former: Cathy Byers (2022–2023) — Facilities Staff Assistant
- Former: Kevin Hill (2022–2023) — Vice President Chief Brand Officer
- Former: Debra Bridwell (2019–2022) — Senior Vice President & Chief Marketing Officer · Filing note: Thru 322
- Former: Steve G. Crawford (2019–2022) — Director · Filing note: Thru 322
- Former: Robin Wilkerson (2020–2022) — Enterprise Project Manager
- Former: Deborah Byers (2019–2021) — Regional Director
- Former: Linda Cox (2019–2021) — Director Facilities
- Former: Tammy Latture (2019–2021) — Senior Vice President, Member Service & Lending · Filing note: Through 5/2021
- Former: Robinette Wilkerson (2019) — Controller
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $1.3M, to Kelly Price (President/CEO, Director). 14 officers or directors reported compensation on that filing.
Contact
Mailing address: PO Box 1989, Kingsport, TN 37662
Phone: (423) 229-8200
Website: https://ecu.org
Frequently asked questions about Eastman Credit Union
How much does Eastman Credit Union give each year?
Eastman Credit Union gave $920K across 39 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.7M across 30 grants.
What is Eastman Credit Union's typical grant size?
Eastman Credit Union's median grant in 2025 was $15,000, and its average grant was $23,578, across 39 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Eastman Credit Union that year got $22K on average.
Where does Eastman Credit Union give grants?
Eastman Credit Union gives mostly in Tennessee: 81% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest states were Texas (11%) and Virginia (8%). The most frequent recipient cities were Johnson City, TN (9 grants), Kingsport, TN (8 grants), Bristol, TN (5 grants) and Longview, TX (4 grants).
Does Eastman Credit Union give general operating support?
Yes: 64% of Eastman Credit Union's 2025 grants with a stated purpose (25 of 39) were for general or operating support, per its 2025 IRS Form 990. Recurring purposes include "Event Sponsorship" (6 grants) and "Development Contribution" (4 grants).
Who are Eastman Credit Union's largest grantees?
Eastman Credit Union's largest 2025 grantees include Second Harvest Food Bank of Ne TN ($125,780), City of Kingsport ($102,250) and Summit Leadership Foundation ($60,000), according to its 2025 IRS Form 990. Together they received 31% of its itemized 2025 grant dollars.
How large is Eastman Credit Union?
Eastman Credit Union reported $9.9B in total assets on its 2025 IRS Form 990. Its revenue that year was $602.5M.
What does Eastman Credit Union fund?
ECU’s stated mission is to be the preferred financial institution in the communities it serves by providing member-valued financial products and services, guided by credit union cooperative values and service excellence. See mission & focus areas ↑
How do I apply for a grant from Eastman Credit Union?
Eastman Credit Union has no public application process in the sources Grantable reviewed. Check ecu.org for current guidelines, or contact the foundation directly before submitting a request.
What is Eastman Credit Union's EIN?
Eastman Credit Union's EIN (Employer Identification Number) is 62-6039479. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Here's the math on researching Eastman Credit Union by hand.
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