Mission
TO PROVIDE FINANCIAL SERVICES TO MEMBER OWNERS WITH A COMMON BOND.
Executive compensation, broken down
Form 990 · Schedule J · 6 reported individuals · Filing year 2024
President/ceo
$255k
$275k
- Base
- $219k
- Bonus
- $900
- Other
- —
- Benefits
- $25k
$229k
$247k
- Base
- $173k
- Bonus
- $31k
- Other
- —
- Benefits
- $15k
Senior VP Operations
senior vice president
$169k
$182k
- Base
- $131k
- Bonus
- $11k
- Other
- —
- Benefits
- $21k
SVP of Lending
senior vice president
$143k
$154k
VP of IT
vice president
$139k
$149k
AVP of Branch Operations
officer (unspecified)
$124k
$133k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo | $219k | $900 | — | $25k | $255k $275k |
CFO | $173k | $31k | — | $15k | $229k $247k |
Senior VP Operations senior vice president | $131k | $11k | — | $21k | $169k $182k |
SVP of Lending senior vice president | — | — | — | — | $143k $154k |
VP of IT vice president | — | — | — | — | $139k $149k |
AVP of Branch Operations officer (unspecified) | — | — | — | — | $124k $133k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 6 unpaid individuals.
Up 5%
from 2023
From $244k in 2023 to $255k in 2024.
$244k
2023
$255k
2024
$244k
2023
$255k
2024
In today's dollarsEst.
Up 2% in real terms$269k to $275k
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend
Revenue and expenses over time
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN D/B/A ASTERA CREDIT UNION reported revenue and expenses across 2 filing years.
RevenueExpenses
$12.6M
$12.6M
2023
$12.7M
$13.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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