ALLEGIANCE FEDERAL CREDIT UNION

OKLAHOMA CITY, OK | Oklahoma County
Mission-Driven Bank or Credit Union

Overview

ALLEGIANCE FEDERAL CREDIT UNION
73-0727707
4235 N MERIDIAN AVE
OKLAHOMA CITY, OK 73112
Oklahoma County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Mission-Driven Bank or Credit Union
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
Awards & Certifications info
  • CDFI Award Recipient
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
W61

W - Public, Society Benefit

Credit Unions

Cooperative 501(c)(14) associations that use money deposited by a group of people (e.g., fellow employees) and lend it out again to people in the same group at favorable interest rates.

IRS Activity Codes info
279
Other services or benefits to members or employees
263
Association of employees
-
Not reported
Standard Business Classification (NAICS Code) info
522130
Credit Unions

CRA Alignment

CRA Category info
Mission-Driven Bank or Credit Union
Bank or credit union that has been certified by the U.S. Treasury as a Community Development Financial Institution.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
YearAmountProgramAwardee Name
2021 $125,000 CDFI Technical Assistance open_in_new Allegiance Federal Credit Union
2022 $125,000 CDFI Technical Assistance open_in_new Allegiance Federal Credit Union
2024 $300,000 CDFI Technical Assistance open_in_new Allegiance Federal Credit Union

Includes CDFI Fund awards granted between January 2015 and December 2024

HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$376M
Revenue
$16.4M
Assets
$16.2M

IRS Business Master File Details info

As of March 2025
Exempt Ruling Date info
2024-02
Deductibility Status info
Not Deductible
Last Tax Filing info
2021
Organization Type info
Corporation
Organization Tax Filing Status info
990 - Government 501(c)(1)
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
All organizations except 501(c)(3)

IRS Publication 78 Details info

As of March 2025
Verified in Publication 78 info
No
Deductibility Limitation info
Not reported
Organization Description info
Not reported

IRS Form 990 Returns info

Through December 2024
Tax period ending in
2021-12
Tax period ending in
2020-12
Tax period ending in
2018-12
Tax period ending in
2017-12
Tax period ending in
2016-12
Tax period ending in
2015-12

Nonprofit Location

Physical Address info
4235 N MERIDIAN AVE
OKLAHOMA CITY, OK 73112
Oklahoma County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
36420
MSA/MD info
40
State info
109
County info
1068.04
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
36420 - Oklahoma City, OK
Combined Statistical Area info
416 - Oklahoma City-Shawnee, OK
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 57.56%
FFIEC Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
1068.04 Oklahoma County
Population
Total Population 3,848 800,487
Total Households 1,317 323,102
Income
Median Income* $56,042 $65,374
Median Family Income (2024 FFIEC est.) $89,100 $85,800
Tract Income Percentage 74.55% N/A
Below Poverty Level 24.2% 15.7%
Unemployment Level 2.4% 4.8%
Housing
Total Housing Units 1,494 356,997
Total Owner-Occupied Units 45.0% 58.6%
Total Renter-Occupied Units 43.2% 41.4%
Total Vacant Units 11.8% 8.9%
* Census Tract Median Income based on 2020 Tract Median Family Income as reported in the 2024 FFIEC Census Flat File. County Income based on Median Household Income as reported in the 2023 American Community Survey.
View more than 200 performance context data points for this county now.

Management

7
Total Voting Members
in Governing Body
info
7
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Amy Downs
(405) 277-9990
Principal Officer info
Not reported by nonprofit.
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2021-12.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.