Mission
OFFER A VARIETY OF QUALITY PRODUCTS AND FINANCIAL SERVICES DESIGNED TO BENEFIT ALL MEMBERS UNDER A STRONG FINANCIAL STRUCTURE THAT ENSURES THE CONTINUED VIABILITY OF THE CREDIT UNION.
Executive compensation, broken down
Form 990 · Schedule J · 17 reported individuals · Filing year 2024
President/ceo
$929k
$1000k
- Base
- $865k
- Bonus
- —
- Other
- $6k
- Benefits
- $16k
Loan Originator
highest compensated employee
$305k
$328k
- Base
- $294k
- Bonus
- —
- Other
- —
- Benefits
- $9k
Chief Financial Officer
$281k
$302k
- Base
- $238k
- Bonus
- —
- Other
- —
- Benefits
- $20k
Chief Credit Officer
officer (unspecified)
$275k
$296k
- Base
- $243k
- Bonus
- —
- Other
- —
- Benefits
- $7k
Vice President of Mortgage Originations
vice president
$273k
$293k
- Base
- $239k
- Bonus
- $24k
- Other
- $1k
- Benefits
- $7k
Chief Delivery Officer
officer (unspecified)
$252k
$271k
- Base
- $217k
- Bonus
- —
- Other
- —
- Benefits
- $13k
Chief Communication Officer
officer (unspecified)
$251k
$270k
- Base
- $216k
- Bonus
- —
- Other
- —
- Benefits
- $13k
Chief Development Officer
$251k
$270k
- Base
- $215k
- Bonus
- $500
- Other
- —
- Benefits
- $13k
Chief Support Officer
officer (unspecified)
$243k
$261k
- Base
- $208k
- Bonus
- —
- Other
- —
- Benefits
- $14k
Chief Information Officer
chief information officer
$243k
$261k
- Base
- $200k
- Bonus
- —
- Other
- $598
- Benefits
- $21k
Chief Risk Officer
officer (unspecified)
$242k
$261k
- Base
- $214k
- Bonus
- —
- Other
- —
- Benefits
- $7k
Senior Vice President of Compliance
senior vice president
$220k
$237k
- Base
- $182k
- Bonus
- $8k
- Other
- —
- Benefits
- $13k
Senior Vice President of Financial Planning & Analysis
senior vice president
$218k
$235k
- Base
- $197k
- Bonus
- $8k
- Other
- —
- Benefits
- $13k
Chief Audit Officer
officer (unspecified)
$213k
$229k
- Base
- $190k
- Bonus
- —
- Other
- $4k
- Benefits
- $576
Senior Vice President/controller
highest compensated employee
$203k
$218k
- Base
- $159k
- Bonus
- $8k
- Other
- —
- Benefits
- $21k
Mortgage Loan Originator
highest compensated employee
$202k
$217k
- Base
- $191k
- Bonus
- —
- Other
- —
- Benefits
- $10k
Chief Human Resources Officer
officer (unspecified)
$202k
$217k
- Base
- $171k
- Bonus
- —
- Other
- —
- Benefits
- $13k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo | $865k | — | $6k | $16k | $929k $1000k |
Loan Originator highest compensated employee | $294k | — | — | $9k | $305k $328k |
Chief Financial Officer | $238k | — | — | $20k | $281k $302k |
Chief Credit Officer officer (unspecified) | $243k | — | — | $7k | $275k $296k |
Vice President of Mortgage Originations vice president | $239k | $24k | $1k | $7k | $273k $293k |
Chief Delivery Officer officer (unspecified) | $217k | — | — | $13k | $252k $271k |
Chief Communication Officer officer (unspecified) | $216k | — | — | $13k | $251k $270k |
Chief Development Officer | $215k | $500 | — | $13k | $251k $270k |
Chief Support Officer officer (unspecified) | $208k | — | — | $14k | $243k $261k |
Chief Information Officer chief information officer | $200k | — | $598 | $21k | $243k $261k |
Chief Risk Officer officer (unspecified) | $214k | — | — | $7k | $242k $261k |
Senior Vice President of Compliance senior vice president | $182k | $8k | — | $13k | $220k $237k |
Senior Vice President of Financial Planning & Analysis senior vice president | $197k | $8k | — | $13k | $218k $235k |
Chief Audit Officer officer (unspecified) | $190k | — | $4k | $576 | $213k $229k |
Senior Vice President/controller highest compensated employee | $159k | $8k | — | $21k | $203k $218k |
Mortgage Loan Originator highest compensated employee | $191k | — | — | $10k | $202k $217k |
Chief Human Resources Officer officer (unspecified) | $171k | — | — | $13k | $202k $217k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 8 unpaid individuals.
Held steady
from 2023
From $927k in 2023 to $929k in 2024.
$927k
2023
$929k
2024
$927k
2023
$929k
2024
In today's dollarsEst.
Down 2% in real terms$1M to $1000k
Estimated with BLS CPI-U for the Midwest 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
General Electric Credit Union reported revenue and expenses across 2 filing years.
RevenueExpenses
$238.1M
$246.6M
2023
$251.4M
$270.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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