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COMMONWEALTH CREDIT UNION

EIN: 61-0671028Frankfort, KYZIP: 406020978
501(c)(14)

Mission

THE CREDIT UNION'S VISION IS "GROWTH INSPIRED BY ENGAGEMENT, EMPOWERMENT, AND EXTRAORDINARY SERVICE." COMMONWEALTH PROVIDES ITS MEMBERS WITH A SAFE PLACE TO SAVE AND A SOURCE OF CREDIT IN A NOT-FOR-PROFIT CONTEXT. WE STRIVE TO IMPROVE THE LIVES OF THOSE WE SERVE BY HELPING THEM ACHIEVE THEIR DREAMS THROUGH FINANCIAL HEALTH AND SUCCESS.

Financials

YearRevenueExpensesAssets
2024$159.5M$0$2.5B
2023$122.4M$0$2.2B

Compensation

2024

KAREN HARBIN
President/ceo/board Member
chief executive officer
$627,376
$248,459
$250,000
$1,174,808
JAYNEL CHRISTENSEN
Executive Vice President
executive vice president
$296,081
$93,806
$0
$485,542
STEPHEN BELLAS
CFO
chief financial officer
$321,154
$101,822
$0
$441,173
PATRICIA SMITH
Chief Brand & Advocacy Off
highest compensated employee
$238,236
$76,395
$0
$349,212
DOUGLAS GRAHAM
Chief Innovation & Strateg
highest compensated employee
$291,986
$90,399
$0
$342,291
KIMBERLY DURRUM
Chief Member Experience Officer
highest compensated employee
$207,048
$49,989
$0
$318,105
LISA STINSON
Chief People Officer
highest compensated employee
$186,151
$31,354
$0
$279,212
MATTHEW STEWART
SVP of Commercial Services
senior vice president
$209,483
$50,605
$0
$274,053
DONNIE RODGERS II
Vice Chairperson
board vice chair
$0
$0
$0
$6,601
REGINA GRUBBS
Board Member
board member
$0
$0
$0
$1,550
THOMAS RANDY FAWNS
Chairperson
board chair
$0
$0
$0
$1,493
ROBIN ELLIS
Treasurer/secretary
board treasurer
$0
$0
$0
$1,493
JOSEPH BREWER
Board Member
board member
$0
$0
$0
$900
JAMES CHADWELL
Board Member
board member
$0
$0
$0
$300
MARY FOSTER
Board Member
board member
$0
$0
$0
$0
KAY JONES
Board Member
board member
$0
$0
$0
$0
DOUGLAS SMITH
Board Member
board member
$0
$0
$0
$0
CARMINE IACCARINO
Board Member
board member
$0
$0
$0
$0
KENNETH BLACKWELL
Board Member
board member
$0
$0
$0
$0
JACQUELINE DUVALL
Board Member
board member
$0
$0
$0
$0

2023

KAREN HARBIN
CEO/President/Board Member
chief executive officer
$856,982
$194,108
$0
$1,339,436
DAVID YOUNG
Executive Vice President
executive vice president
$400,813
$71,024
$464,644
$1,108,031
KAREN MAXFIELD
Chief People Officer
highest compensated employee
$387,959
$59,364
$0
$584,736
STEPHEN BELLAS
CFO
chief financial officer
$322,140
$70,813
$0
$504,648
JAYNEL CHRISTENSEN
Chief Growth Officer
highest compensated employee
$271,289
$68,872
$0
$462,952
DOUGLAS GRAHAM
Chief Innovation & Strategy Officer
highest compensated employee
$279,473
$72,320
$0
$455,178
PATRICIA SMITH
Chief Brand & Advocacy Officer
highest compensated employee
$228,814
$61,116
$0
$328,005
MATTHEW STEWART
SVP of Commercial Services
senior vice president
$202,648
$39,478
$0
$262,970
ROBIN ELLIS
Treasurer
board treasurer
$0
$0
$0
$7,551
THOMAS RANDY FAWNS
Chairperson
board chair
$0
$0
$0
$6,461
MARY FOSTER
Board of Directors
board member
$0
$0
$0
$5,686
JAMES CHADWELL
Board of Directors
board member
$0
$0
$0
$5,223
REGINA GRUBBS
Board of Directors
board member
$0
$0
$0
$2,923
DONNIE RODGERS II
Vice Chairperson
board vice chair
$0
$0
$0
$2,526
JOSEPH BREWER
Board of Directors
board member
$0
$0
$0
$900
KELLY SMITH
Board of Directors
board member
$0
$0
$0
$0
KENNETH BLACKWELL
Board of Directors
board member
$0
$0
$0
$0
KAY JONES
Board of Directors
board member
$0
$0
$0
$0

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