First Commerce Credit Union logo

First Commerce Credit Union

TALLAHASSEE, FL EIN: 59-0687423 Website

TO BE OUR MEMBERS' FINANCIAL PARTNERS FOR LIFE.

Financial Overview

From 2024 IRS Form 990-PF · 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 nonprofit organization, 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Tallahassee

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$19M$39M$58M$77M20202021202220232024
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
Qualifying Distributions
Net Investment Income$8,006,228$7,399,280$3,495,456
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$14K$28K$42K$56K0 grants20200 grants20211 grants20221 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

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

Open Grants

1 open opportunity from First Commerce Credit Union

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

CECILIA D HOMISONCEO$1.2MDENNIS G ADAMSSENIOR EXECUTIVE VICE PRESID…$445KKIMBERLY S HOWESCHIEF VISIONARY OFFICER$311KJUSTIN HOFCHIEF INFORMATION & LENDING …$286KANGELA TERHUNECFO$252KBARBARA WILLIAMS-AND…THOMAS COUNTY MARKET EXECUTIVE$221KAMY K GROFFCHIEF PEOPLE OFFICER$203KJOY SANDERSCOO$177KSTEVEN REYNOLDSVICE PRESIDENT OF BUSINESS S…$167KWARREN SUMNERDIRECTOR OF LENDING$164KCHRISTOPHER EPPESDIRECTOR OF IT$147KALLEN BURKESDIRECTOR OF RISK MANAGEMENT$141KSHONDA KNIGHTBOD DIRECTOR$2KCASEY STOUTAMIREBOD DIRECTOR$1K

From 2024 filing

NameTitleHoursCompensation
ALAN NEUBAUERBOD CHAIRPERSON1
KATHY ARRANTBOD TREASURER1
SHONDA KNIGHTBOD DIRECTOR1$1,648
JOHN GRAYSONBOD SECRETARY1
JARED ROSSBOD DIRECTOR1
CANITA PETERSONBOD VICE CHAIRPERSON1
CASEY STOUTAMIREBOD DIRECTOR1$1,240
CECILIA D HOMISONCEO40$1,193,923
DENNIS G ADAMSSENIOR EXECUTIVE VICE PRESIDENT40$445,037
ANGELA TERHUNECFO40$251,944
KIMBERLY S HOWESCHIEF VISIONARY OFFICER40$310,682
JUSTIN HOFCHIEF INFORMATION & LENDING OFFICER40$286,053
AMY K GROFFCHIEF PEOPLE OFFICER40$202,910
JOY SANDERSCOO40$177,268
BARBARA WILLIAMS-ANDERSONTHOMAS COUNTY MARKET EXECUTIVE40$221,039
STEVEN REYNOLDSVICE PRESIDENT OF BUSINESS SERVICES40$167,223
WARREN SUMNERDIRECTOR OF LENDING40$163,951
CHRISTOPHER EPPESDIRECTOR OF IT40$147,373
ALLEN BURKESDIRECTOR OF RISK MANAGEMENT40$140,713

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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