Mission
TO PROVIDE FINANCIAL SERVICES, INCLUDING DEPOSIT ACCOUNTS AND LOANS, TO CREDIT UNION MEMBERS.
Executive compensation, broken down
Form 990 · Schedule J · 7 reported individuals · Filing year 2024
President & CEO
$344k
$372k
- Base
- $290k
- Bonus
- $1k
- Other
- —
- Benefits
- $38k
Chief Financial Officer
$223k
$241k
- Base
- $175k
- Bonus
- $7k
- Other
- —
- Benefits
- $32k
SVP of Lending & Branch Op
senior vice president
$198k
$214k
- Base
- $160k
- Bonus
- $7k
- Other
- —
- Benefits
- $23k
SVP of Internal Operations
senior vice president
$182k
$197k
- Base
- $147k
- Bonus
- $4k
- Other
- —
- Benefits
- $23k
Lending Officer
highest compensated employee
$174k
$188k
- Base
- $63k
- Bonus
- $95k
- Other
- —
- Benefits
- $12k
IT Director
chief information officer
$168k
$181k
- Base
- $147k
- Bonus
- $1k
- Other
- —
- Benefits
- $12k
Director of Lending
highest compensated employee
$162k
$175k
- Base
- $106k
- Bonus
- $38k
- Other
- —
- Benefits
- $13k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO | $290k | $1k | — | $38k | $344k $372k |
Chief Financial Officer | $175k | $7k | — | $32k | $223k $241k |
SVP of Lending & Branch Op senior vice president | $160k | $7k | — | $23k | $198k $214k |
SVP of Internal Operations senior vice president | $147k | $4k | — | $23k | $182k $197k |
Lending Officer highest compensated employee | $63k | $95k | — | $12k | $174k $188k |
IT Director chief information officer | $147k | $1k | — | $12k | $168k $181k |
Director of Lending highest compensated employee | $106k | $38k | — | $13k | $162k $175k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 5 unpaid individuals.
Down 16%
from 2023
From $408k in 2023 to $344k in 2024.
$408k
2023
$344k
2024
$408k
2023
$344k
2024
In today's dollarsEst.
Down 18% in real terms$456k to $372k
Estimated with BLS CPI-U for the Northeast 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
DOWNEAST CREDIT UNION reported revenue and expenses across 2 filing years.
RevenueExpenses
$16.1M
$15.1M
2023
$19.5M
$18.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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