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Filing year 2024

GREAT LAKES CREDIT UNION

Bannockburn, Illinois·EIN 36-1163912·14
Total revenue
$80.7M
Total assets
$1.5B
Total expenses
$83.8M
Reported officers
22
Mission

TO OFFER PRODUCTS AND SERVICES FOR OUR MEMBERS TO ACHIEVE THEIR FINANCIAL GOALS. WE WILL BUILD VALUED RELATIONSHIPS, ONE MEMBER AT A TIME.

Executive compensation, broken down

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

$736k
$788k
Base
$518k
Bonus
$162k
Other
$5k
Benefits
$21k
Chief Financial Officer
$364k
$390k
Base
$280k
Bonus
$21k
Other
$13k
Benefits
$27k
Chief Administrative Officer
officer (unspecified)
$323k
$346k
Base
$252k
Bonus
$19k
Other
$6k
Benefits
$23k
Chief Experience Officer
officer (unspecified)
$311k
$333k
Base
$238k
Bonus
$18k
Other
$6k
Benefits
$27k
Chief Lending Officer
officer (unspecified)
$304k
$325k
Base
$248k
Bonus
$18k
Other
$7k
Benefits
$9k
Chief Operations Officer
officer (unspecified)
$300k
$322k
Base
$236k
Bonus
$18k
Other
$6k
Benefits
$27k
Senior Vice President - Ac
senior vice president
$245k
$263k
Base
$215k
Bonus
$17k
Other
$2k
Benefits
$9k
VP Commercial Lending
vice president
$231k
$247k
Base
$179k
Bonus
$16k
Other
$2k
Benefits
$12k
SVP Enterprise Risk Manage
senior vice president
$230k
$246k
Base
$193k
Bonus
$16k
Other
$2k
Benefits
$9k
VP of Human Resources & or
vice president
$197k
$211k
Base
$139k
Bonus
$13k
Other
$1k
Benefits
$27k
Manager IT
highest compensated employee
$168k
$180k
Base
$136k
Bonus
$9k
Other
$2k
Benefits
Chief Strategy Officer
officer (unspecified)
$140k
$150k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Up 20%
from 2023

From $613k in 2023 to $736k in 2024.

$613k
2023
$736k
2024
In today's dollarsEst.
Up 16% in real terms$679k to $788k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, 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

GREAT LAKES CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$64.8M
$62.1M
2023
$80.7M
$83.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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