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First Commerce Credit Union

Public charity · Grantmaker Tallahassee, FL EIN: 59-0687423 Website

To be our members' financial partners for life.

Key facts about First Commerce Credit Union

EIN
59-0687423
Latest 990 filing
Form 990, 2024
Total assets
$1,096,207,913

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$1.1B

+2.5% YoY

Revenue

$70.2M

+15.1% YoY

Net Investment Income

$8.0M

+8.2% YoY

Expenses

$65.1M

+18.2% YoY

About First Commerce Credit Union

Based on IRS filings

First Commerce Credit Union is a public charity, based in Tallahassee, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1B in total assets. Net investment income was $8.0M.

Open Grants

1 open opportunity from First Commerce Credit Union

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Tallahassee

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2020 0 grants2021 1 grant2022 1 grant2023 0 grants2024

From 2022 to 2023, annual grant giving ranged from $25K (2022) to $56K (2023). In 2023 it made 1 grant totaling $56K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

2 grants across all recorded years

1<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 1 grant of 2 (50%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$20M$40M$60M$80M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,096,207,913$1,069,625,273$1,014,264,212
Revenue$70,159,818$60,956,938$49,452,473
Expenses$65,081,415$55,069,957$41,095,263
Net Investment Income$8,006,228$7,399,280$3,495,456

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS November 10, 2023)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

First Commerce Credit Union is led by Cecilia D. Homison, CEO on every filing since 2020; 14 of 19 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Cecilia D. Homison

    CEO

    On filings since 2020

    40 hrs/week

    $493K (2020) → $1.2M (2024)

  • Alan Neubauer

    Bod Chairperson

    Bod Chairman → Bod Chairperson, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Casey Stoutamire

    Bod Director

    On filings since 2020

    1 hr/week

    $1K (2024)

  • Shonda Knight

    Bod Director

    On filings since 2021

    1 hr/week

    $2K (2024)

  • Warren Sumner

    Director of Lending

    On filings since 2022

    40 hrs/week

    $150K (2022) → $164K (2024)

  • Allen Burkes

    Director of Risk Management

    New on the 2024 filing

    40 hrs/week

    $141K (2024)

  • Christopher Eppes

    Director of It

    New on the 2024 filing

    40 hrs/week

    $147K (2024)

  • Jared Ross

    Bod Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Barbara Williams-Anderson

    Thomas County Market Executive

    Mortgage Loan Originator → Market Executive, 2022

    Market Executive → Thomas County Market Executive, 2024

    On filings since 2020

    40 hrs/week

    $316K (2020) → $221K (2024)

  • Dennis G. Adams

    Senior Executive Vice President

    Executive Vice President & CFO → Senior Executive Vice President, 2022

    On filings since 2020

    40 hrs/week

    $278K (2020) → $445K (2024)

  • Kimberly S. Howes

    Chief Visionary Officer

    COO → Chief Visionary Officer, 2024

    On filings since 2020

    40 hrs/week

    $191K (2020) → $311K (2024)

  • Justin Hof

    Chief Information & Lending Officer

    Chief Information Officer → Chief Information & Lending Officer, 2024

    On filings since 2021

    40 hrs/week

    $184K (2021) → $286K (2024)

  • Angela Terhune

    CFO

    On filings since 2022

    40 hrs/week

    $166K (2022) → $252K (2024)

  • Joy Sanders

    COO

    Vice President of Member Services → Vice President of Member S, 2023

    Vice President of Member S → COO, 2024

    On filings since 2022

    40 hrs/week

    $149K (2022) → $177K (2024)

  • Steven Reynolds

    Vice President of Business Services

    Vice President of Business Services → Vice President of Business, 2023

    Vice President of Business → Vice President of Business Services, 2024

    On filings since 2022

    40 hrs/week

    $194K (2022) → $167K (2024)

  • Amy K. Groff

    Chief People Officer

    On filings since 2023

    40 hrs/week

    $225K (2023) → $203K (2024)

  • Canita Peterson

    Bod Vice Chairperson

    On filings since 2020

    1 hr/week

    No compensation reported

  • John Grayson

    Bod Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kathy Arrant

    Bod Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (10)
  • Former: Jerry Osteryoung (2020–2023) — Bod Director
  • Former: Mary B. Estes (2020–2023) — Executive Vice President
  • Former: Wilma T. Wooten (2020–2023) — Controller
  • Former: Donald Peaks (2020–2021) — Chief Lending & Wealth Officer
  • Former: Stephen Parker (2020–2021) — Mortgage Loan Originator
  • Former: Garrett L. Copeland (2021) — Market President
  • Former: James Bryan Williams (2021) — Vice President of Business Services
  • Former: Howard Steven Perry (2020) — Regional President
  • Former: Michael Gomez (2020) — Bod Director
  • Former: William Cavanaugh Perry (2020) — Vice President of Legal

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Cecilia D Homison — CEO: $1.2MCecilia D HomisonCEO$1.2MDennis G Adams — Senior Executive Vice President: $445KDennis G AdamsSenior Executive Vice President$445KKimberly S Howes — Chief Visionary Officer: $311KKimberly S HowesChief Visionary Officer$311KJustin HOF — Chief Information & Lending Officer: $286KJustin HOFChief Information & Lending…$286KAngela Terhune — CFO: $252KAngela TerhuneCFO$252KBarbara Williams-Anderson — Thomas County Market Executive: $221KBarbara…Thomas County Market Executive$221KAmy K Groff — Chief People Officer: $203KAmy K GroffChief People Officer$203KJoy Sanders — COO: $177KJoy SandersCOO$177KSteven Reynolds — Vice President of Business Services: $167KSteven ReynoldsVice President of Business…$167KWarren Sumner — Director of Lending: $164KWarren SumnerDirector of Lending$164KChristopher Eppes — Director of It: $147KChristopher EppesDirector of It$147KAllen Burkes — Director of Risk Management: $141KAllen BurkesDirector of Risk Management$141KShonda Knight — Bod Director: $2KShonda KnightBod Director$2KCasey Stoutamire — Bod Director: $1KCasey StoutamireBod Director$1K

The highest reported compensation on the 2024 filing was $1.2M, to Cecilia D Homison (CEO). 14 officers or directors reported compensation on that filing.

Frequently asked questions about First Commerce Credit Union

How large is First Commerce Credit Union?

First Commerce Credit Union reported $1.1B in total assets on its 2024 IRS Form 990. Its revenue that year was $70.2M.

Where does First Commerce Credit Union operate?

First Commerce Credit Union has awarded grants in Florida.

What is First Commerce Credit Union's EIN?

First Commerce Credit Union's EIN (Employer Identification Number) is 59-0687423. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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