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Filing year 2024

CREDIT UNIONS IN THE STATE OF ALABAMA FAMILY SAVINGS CREDIT UNION

Rainbow City, Alabama·EIN 63-0355713·14
Total revenue
$83.4M
Total assets
$1B
Total expenses
$76M
Reported officers
18
Mission

TO PROVIDE THRIFT OPPORTUNITIES AND LOW COST LOANS TO MEMBERS.

Executive compensation, broken down

Form 990 · Schedule J · 12 reported individuals · Filing year 2024

Commercial Lender
highest compensated employee
$759k
$805k
Base
$241k
Bonus
$484k
Other
Benefits
$9k
$625k
$663k
Base
$492k
Bonus
$75k
Other
Benefits
$33k
Executive Vice President
executive vice president
$408k
$433k
Base
$304k
Bonus
$38k
Other
Benefits
$42k
Mortgage Services Director
highest compensated employee
$377k
$400k
Base
$41k
Bonus
$282k
Other
Benefits
$30k
Chief Financial Officer
$364k
$386k
Base
$266k
Bonus
$38k
Other
Benefits
$39k
Chief Lending Officer
officer (unspecified)
$338k
$359k
Base
$246k
Bonus
$38k
Other
Benefits
$34k
Director of Business Servi
highest compensated employee
$247k
$262k
Base
$140k
Bonus
$21k
Other
Benefits
$74k
Commercial Loan Assistant
highest compensated employee
$228k
$242k
Base
$54k
Bonus
$129k
Other
Benefits
$32k
Cheif Information Officer
officer (unspecified)
$227k
$241k
Base
$159k
Bonus
$10k
Other
Benefits
$45k
Chief Marketing Officer
officer (unspecified)
$211k
$224k
Base
$158k
Bonus
$10k
Other
Benefits
$31k
Commerical Loan Underwriter
highest compensated employee
$156k
$165k
Base
$123k
Bonus
$1k
Other
Benefits
$22k
Secretary
board secretary
$1k
$1k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Down 4%
from 2023

From $792k in 2023 to $759k in 2024.

$792k
2023
$759k
2024
In today's dollarsEst.
Down 7% in real terms$865k to $805k

Estimated with BLS CPI-U for the South 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 IN THE STATE OF ALABAMA FAMILY SAVINGS CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$68.1M
$58M
2023
$83.4M
$76M
2024
Total revenue and total expenses from IRS Form 990 filings.
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