THE CREDIT UNION IS AN ASSOCIATION OWNED BY ITS MEMBER DEPOSITORS. INTEREST INCOME FROM LOANS AND INVESTMENTS ALLOW THE CREDIT UNION TO PROVIDE LOW COST FINANCIAL SERVICES TO ITS MEMBERS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $350k
- Bonus
- $76k
- Other
- $328k
- Benefits
- $22k
- Base
- $202k
- Bonus
- $20k
- Other
- $60k
- Benefits
- —
- Base
- $199k
- Bonus
- $37k
- Other
- —
- Benefits
- $23k
- Base
- $201k
- Bonus
- $27k
- Other
- —
- Benefits
- $23k
- Base
- $129k
- Bonus
- $19k
- Other
- —
- Benefits
- $22k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $350k | $76k | $328k | $22k | $793k $856k |
CFO Above 90th percentile | $202k | $20k | $60k | — | $293k $316k |
Senior Vp/cl Highest Compensated Employee 75th to 90th percentile | $199k | $37k | — | $23k | $272k $293k |
Svp/coo Officer (Unspecified) | $201k | $27k | — | $23k | $263k $284k |
Svp, Human R Senior Vice President 25th percentile to median | $129k | $19k | — | $22k | $178k $192k |
Director Board Member Median to 75th percentile | — | — | — | — | $44k $48k |
Chairperson/ Officer (Unspecified) | — | — | — | — | $29k $31k |
Board Secret Board Secretary 75th to 90th percentile | — | — | — | — | $24k $26k |
Vice Chair/d Officer (Unspecified) | — | — | — | — | $24k $25k |
Board Treasu Officer (Unspecified) | — | — | — | — | $18k $20k |
Director Board Member Median to 75th percentile | — | — | — | — | $16k $18k |
Director Board Member 25th percentile to median | — | — | — | — | $14k $15k |
Director Board Member 25th percentile to median | — | — | — | — | $12k $13k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Up 74%
from 2023
From $456k in 2023 to $793k in 2024.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 74% from 2023 to 2024, while revenue rose 23%.
- Chief Financial Officer pay rose 34% from 2023 to 2024.
- Senior Vice President pay rose 6% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
GREENWOOD CREDIT UNION INC reported revenue and expenses across 2 filing years.
Common questions about GREENWOOD CREDIT UNION INC
What does the Chief Executive Officer of GREENWOOD CREDIT UNION INC earn?
In 2024, the Chief Executive Officer of GREENWOOD CREDIT UNION INC received $793,042 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 GREENWOOD CREDIT UNION INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at GREENWOOD CREDIT UNION INC falls in the top 10%.
What are GREENWOOD CREDIT UNION INC's revenue and expenses?
In 2024, GREENWOOD CREDIT UNION INC reported $53.6M in total revenue and $48.7M in total expenses on its IRS Form 990.
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