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Filing year 2024

Education Credit Union

Amarillo, Texas·EIN 75-0693720·14
Total revenue
$39.8M
Total assets
$467.8M
Total expenses
$41.6M
Reported officers
22
Mission

To be the preferred financial services provider for our membership

Executive compensation, broken down

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

Base
$418k
Bonus
$213k
Other
Benefits
$18k
Executive VP
executive vice president
$463k
$492k
Base
$217k
Bonus
$204k
Other
Benefits
$8k
Base
$193k
Bonus
$22k
Other
Benefits
$9k
SVP of Lending
senior vice president
$207k
$219k
Base
$175k
Bonus
$5k
Other
Benefits
$9k
Compliance Officer
key employee
$188k
$199k
Base
$152k
Bonus
$11k
Other
Benefits
$9k
VP Lending
vice president
$184k
$195k
Base
$143k
Bonus
$16k
Other
Benefits
$8k
SVP of IT
senior vice president
$182k
$193k
Base
$150k
Bonus
$14k
Other
Benefits
$8k
SVP of Learning & Dev.
senior vice president
$151k
$161k
Base
$120k
Bonus
$10k
Other
Benefits
$9k
VP of Special Projects
vice president
$143k
$151k
Director of IT
chief information officer
$137k
$145k
Director Retail Operations
$134k
$142k
Mortgage Manager
highest compensated employee
$130k
$138k

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 10 unpaid individuals.

Up 2%
from 2023

From $672k in 2023 to $683k in 2024.

$672k
2023
$683k
2024
In today's dollarsEst.
Down 1% in real terms$734k to $724k

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

Education Credit Union reported revenue and expenses across 2 filing years.

RevenueExpenses
$37.2M
$36.4M
2023
$39.8M
$41.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
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