MEMBERS WILL UNDERSTAND AND EXPERIENCE THE BENEFITS OF A CREDIT UNION RELATIONSHIP AT A COST JUSTIFIED BY THE RESULTS. MEMBERS HAVE THE CAPABILITY TO EXERCISE CONTROL OVER THEIR FINANCIAL LIVES WHILE SHARING IN THE SUCCESS OF THE ORGANIZATION. (CONT'D ON SCH. O)MEMBERS EXPERIENCE REWARDS OF A MUTUALLY BENEFICIAL RELATIONSHIP BASED ON ADVOCACY AND TRUST RESULTING IN TRUST AND LOYALTY. MEMBERS VALUE THE LINK BETWEEN THEIR BENEFITS AND THEIR OWNERSHIP.
Executive compensation, broken down
Form 990 · Schedule J · 18 reported individuals · Filing year 2024
- Base
- $800k
- Bonus
- $177k
- Other
- $26k
- Benefits
- $24k
- Base
- $276k
- Bonus
- $26k
- Other
- $15k
- Benefits
- $25k
- Base
- $281k
- Bonus
- $5k
- Other
- $1k
- Benefits
- $22k
- Base
- $248k
- Bonus
- —
- Other
- $49k
- Benefits
- $10k
- Base
- $256k
- Bonus
- $10k
- Other
- $600
- Benefits
- $26k
- Base
- $251k
- Bonus
- $16k
- Other
- $4k
- Benefits
- $9k
- Base
- $248k
- Bonus
- $2k
- Other
- $900
- Benefits
- $23k
- Base
- $227k
- Bonus
- $24k
- Other
- $900
- Benefits
- $10k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO and President | $800k | $177k | $26k | $24k | $1.4M $1.5M |
EVP Chief Financial Officer | $276k | $26k | $15k | $25k | $356k $375k |
EVP Chief Info & Ops Officer | $281k | $5k | $1k | $22k | $323k $341k |
EVP Chief Strategy Officer | $248k | — | $49k | $10k | $317k $335k |
EVP General Counsel Cro executive vice president | $256k | $10k | $600 | $26k | $307k $324k |
EVP Chief Member Experience Officer | $251k | $16k | $4k | $9k | $293k $310k |
EVP Chief Lending Officer | $248k | $2k | $900 | $23k | $286k $302k |
EVP Chief People & Purpose Officer | $227k | $24k | $900 | $10k | $274k $290k |
Director board member | — | — | — | — | $12k $12k |
Secretary officer (unspecified) | — | — | — | — | $11k $12k |
Director board member | — | — | — | — | $7k $8k |
Director board member | — | — | — | — | $5k $6k |
Director board member | — | — | — | — | $4k $4k |
Director board member | — | — | — | — | $4k $4k |
Director board member | — | — | — | — | $2k $2k |
Director board member | — | — | — | — | $2k $2k |
Chairperson board chair | — | — | — | — | $1k $1k |
Director board member | — | — | — | — | $675 $713 |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 2 unpaid individuals.
Up 5%
from 2023
From $1.3M in 2023 to $1.4M in 2024.
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Revenue and expenses over time
CREDIT UNIONS CHARTERED IN THE STATE OF 222 LAKE TRUST CREDIT UNION reported revenue and expenses across 2 filing years.
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