THE HOLYOKE CREDIT UNION MISSION IS TO PROVIDE MEMBERS WITH AN EXCELLENT SELECTION OF HIGH-QUALITY AND AFFORDABLE FINANCIAL PRODUCTS AND SERVICES IN A SOCIALLY RESPONSIBLE MANNER. OUR CREDIT UNION ADHERES TO THE HIGHEST ETHICAL STANDARDS OF THE BANKING INDUSTRY, WHILE WE MAINTAIN FINANCIAL SECURITY AND PROVIDE OUR EMPLOYEES WITH GAINFUL AND SECURE EMPLOYMENT.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $199k
- Bonus
- $400
- Other
- $20k
- Benefits
- $21k
- Base
- $123k
- Bonus
- —
- Other
- $22k
- Benefits
- $27k
- Base
- $120k
- Bonus
- —
- Other
- $22k
- Benefits
- $23k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo 75th to 90th percentile | $199k | $400 | $20k | $21k | $240k $259k |
Chief Financial Officer Median to 75th percentile | $123k | — | $22k | $27k | $172k $185k |
VP Lending Administration Vice President 75th to 90th percentile | $120k | — | $22k | $23k | $164k $177k |
Small Business Lening Officer Officer (Unspecified) | — | — | — | — | $148k $160k |
VP Operations Board Vice President Median to 75th percentile | — | — | — | — | $145k $156k |
Retail Banking Officer Officer (Unspecified) | — | — | — | — | $140k $151k |
Senior VP Mortgage Senior Vice President 25th percentile to median | — | — | — | — | $139k $150k |
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.
Plus 10 unpaid individuals.
Down 13%
from 2023
From $275k in 2023 to $240k 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 fell 13% from 2023 to 2024, while revenue rose 21%.
- Chief Financial Officer pay rose 7% from 2023 to 2024.
- Vice President pay rose 13% 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
HOLYOKE CREDIT UNION reported revenue and expenses across 2 filing years.
Common questions about HOLYOKE CREDIT UNION
What does the Chief Executive Officer of HOLYOKE CREDIT UNION earn?
In 2024, the Chief Executive Officer of HOLYOKE CREDIT UNION received $240,110 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at HOLYOKE CREDIT UNION compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at HOLYOKE CREDIT UNION falls between the 75th and 90th percentiles.
What are HOLYOKE CREDIT UNION's revenue and expenses?
In 2024, HOLYOKE CREDIT UNION reported $15.3M in total revenue and $15.1M in total expenses on its IRS Form 990.
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