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Filing year 2024

FIRST SOUTH FINANCIAL CREDIT UNION

Bartlett, Tennessee·EIN 62-0579508·14
Total revenue
$41.2M
Total assets
$0
Total expenses
$27.8M
Reported officers
18
Mission

FIRST SOUTH FINANCIAL CREDIT UNION IS A STATE CHARTERED CREDIT UNION AND CO-OPERATIVE THAT PROMOTES THRIFT, SAVINGS, AND LOANS TO ITS MEMBERS.

Executive compensation, broken down

Form 990 · Schedule J · 11 reported individuals · Filing year 2024

$821k
$871k
Base
$804k
Bonus
Other
Benefits
$18k
Executive Vice President
executive vice president
$239k
$253k
Base
$227k
Bonus
Other
Benefits
$11k
Chief Information Officer
chief information officer
$181k
$192k
Base
$173k
Bonus
Other
Benefits
$8k
Chief Financial Officer
$181k
$192k
Base
$173k
Bonus
Other
Benefits
$8k
Chief Marketing Officer
highest compensated employee
$140k
$148k
Contoller
highest compensated employee
$118k
$125k
SVP Tech and Innovation
senior vice president
$102k
$108k
Senior Vice President - Information Systems
senior vice president
$90k
$95k
Senior Vice President
senior vice president
$89k
$94k
Legal Counsel
officer (unspecified)
$78k
$83k
SVP Mortgages
senior vice president
$78k
$83k

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 7 unpaid individuals.

Down 30%
from 2023

From $1.2M in 2023 to $821k in 2024.

$1.2M
2023
$821k
2024
In today's dollarsEst.
Down 32% in real terms$1.3M to $871k

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

FIRST SOUTH FINANCIAL CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$53.7M
$39.7M
2023
$41.2M
$27.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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