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Filing year 2024

Education Credit Union

Amarillo, Texas·EIN 75-0693720·501(c)(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 · Part VII & Schedule J · 12 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

CEO
Above 90th percentile
$683k
$724k
Base
$418k
Bonus
$213k
Other
Benefits
$18k
Executive VP
Executive Vice President
75th to 90th percentile
$463k
$492k
Base
$217k
Bonus
$204k
Other
Benefits
$8k
COO
75th to 90th percentile
$245k
$260k
Base
$193k
Bonus
$22k
Other
Benefits
$9k
SVP of Lending
Senior Vice President
25th percentile to median
$207k
$219k
Base
$175k
Bonus
$5k
Other
Benefits
$9k
Compliance Officer
Key Employee
Median to 75th percentile
$188k
$199k
Base
$152k
Bonus
$11k
Other
Benefits
$9k
VP Lending
Board Vice President
Median to 75th percentile
$184k
$195k
Base
$143k
Bonus
$16k
Other
Benefits
$8k
SVP of IT
Senior Vice President
25th percentile to median
$182k
$193k
Base
$150k
Bonus
$14k
Other
Benefits
$8k
SVP of Learning & Dev.
Senior Vice President
25th percentile to median
$151k
$161k
Base
$120k
Bonus
$10k
Other
Benefits
$9k
VP of Special Projects
Board Vice President
Median to 75th percentile
$143k
$151k
Director of IT
Chief Information Officer
25th percentile to median
$137k
$145k
Director Retail Operations
25th percentile to median
$134k
$142k
Mortgage Manager
Highest Compensated Employee
25th percentile to median
$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.

Pay for the position

Chief Executive Officer pay rose 2% from 2023 to 2024, while revenue rose 7%.

$672k in 2023 to $683k in 2024.
  • Executive Vice President pay fell 16% from 2023 to 2024.
  • Key Employee pay rose 13% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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.
FAQ

Common questions about Education Credit Union

What does the Chief Executive Officer of Education Credit Union earn?

In 2024, the Chief Executive Officer of Education Credit Union received $682,756 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Education Credit Union compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at Education Credit Union falls in the top 10%.

What are Education Credit Union's revenue and expenses?

In 2024, Education Credit Union reported $39.8M in total revenue and $41.6M in total expenses on its IRS Form 990.

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