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Filing year 2024

GREENWOOD CREDIT UNION INC

Warwick, Rhode Island·EIN 05-0254228·14
Total revenue
$53.6M
Total assets
$865.5M
Total expenses
$48.7M
Reported officers
13
Mission

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 · Schedule J · 13 reported individuals · Filing year 2024

Base
$350k
Bonus
$76k
Other
$328k
Benefits
$22k
Base
$202k
Bonus
$20k
Other
$60k
Benefits
Senior Vp/cl
highest compensated employee
$272k
$293k
Base
$199k
Bonus
$37k
Other
Benefits
$23k
Svp/coo
officer (unspecified)
$263k
$284k
Base
$201k
Bonus
$27k
Other
Benefits
$23k
Svp, Human R
senior vice president
$178k
$192k
Base
$129k
Bonus
$19k
Other
Benefits
$22k
Director
board member
$44k
$48k
Chairperson/
officer (unspecified)
$29k
$31k
Board Secret
board secretary
$24k
$26k
Vice Chair/d
officer (unspecified)
$24k
$25k
Board Treasu
officer (unspecified)
$18k
$20k
Director
board member
$16k
$18k
Director
board member
$14k
$15k
Director
board member
$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.

$456k
2023
$793k
2024
In today's dollarsEst.
Up 68% in real terms$509k to $856k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

GREENWOOD CREDIT UNION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$43.6M
$39.6M
2023
$53.6M
$48.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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