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Filing year 2024

FAMILY SECURITY CREDIT UNION

Decatur, Alabama·EIN 63-0757453·501(c)(14)
Total revenue
$61M
Total assets
$974.8M
Total expenses
$40.6M
Reported officers
17
Mission

TO PROVIDE THRIFT OPPORTUNITIES AND LOW COST LOANS TO MEMBERS

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2024

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

Manager or CEO
Above 90th percentile
$550k
$584k
Base
$518k
Bonus
Other
Benefits
$14k
VP Lending & Branch Ops.
Vice President
Above 90th percentile
$281k
$298k
Base
$259k
Bonus
Other
Benefits
$9k
VP Computer Info Sys
Vice President
Above 90th percentile
$274k
$290k
Base
$259k
Bonus
Other
Benefits
$2k
VP Marketing & Admin.
Vice President
Above 90th percentile
$264k
$280k
Base
$237k
Bonus
Other
Benefits
$14k
VP of Finance and Back Off
Vice President
75th to 90th percentile
$196k
$208k
Base
$173k
Bonus
Other
Benefits
$14k
AVP of Operations
Officer (Unspecified)
$162k
$172k
Base
$147k
Bonus
Other
Benefits
$8k
AVP of Operations
Highest Compensated Employee
25th percentile to median
$138k
$146k
AVP of Informations Systems
Highest Compensated Employee
25th percentile to median
$133k
$141k
Human Resource Manager
Highest Compensated Employee
10th to 25th percentile
$114k
$121k

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 8 unpaid individuals.

Up 5%
from 2023

From $524k in 2023 to $550k in 2024.

$524k
2023
$550k
2024
In today's dollarsEst.
Up 2% in real terms$572k to $584k

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 5% from 2023 to 2024, while revenue rose 11%.

$524k in 2023 to $550k in 2024.
  • Vice President 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

FAMILY SECURITY CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$54.9M
$35.5M
2023
$61M
$40.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FAMILY SECURITY CREDIT UNION

What does the Chief Executive Officer of FAMILY SECURITY CREDIT UNION earn?

In 2024, the Chief Executive Officer of FAMILY SECURITY CREDIT UNION received $550,145 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 FAMILY SECURITY 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 FAMILY SECURITY CREDIT UNION falls in the top 10%.

What are FAMILY SECURITY CREDIT UNION's revenue and expenses?

In 2024, FAMILY SECURITY CREDIT UNION reported $61M in total revenue and $40.6M in total expenses on its IRS Form 990.

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