Mission
TO PROVIDE FINANCIAL SERVICES TO OUR MEMBERSHIP INCLUDING LOANS, DEPOSITS AND OTHER MISCELLANEOUS SERVICES.
Executive compensation, broken down
Form 990 · Schedule J · 31 reported individuals · Filing year 2024
$965k
$1M
- Base
- $610k
- Bonus
- $98k
- Other
- $23k
- Benefits
- $16k
CFO - EVP
$543k
$579k
- Base
- $409k
- Bonus
- $69k
- Other
- $14k
- Benefits
- $16k
Wealth Management Advisor
highest compensated employee
$512k
$546k
- Base
- $91k
- Bonus
- $390k
- Other
- $6k
- Benefits
- —
Chief Technology Officer
officer (unspecified)
$505k
$539k
- Base
- $272k
- Bonus
- $36k
- Other
- $150k
- Benefits
- $16k
Chief Growth Officer
officer (unspecified)
$424k
$453k
- Base
- $292k
- Bonus
- $39k
- Other
- —
- Benefits
- $14k
Clo
officer (unspecified)
$400k
$427k
- Base
- $292k
- Bonus
- $37k
- Other
- —
- Benefits
- —
SVP Member Experience
senior vice president
$356k
$380k
- Base
- $245k
- Bonus
- $27k
- Other
- $50k
- Benefits
- $10k
Chief Financial Officer
$286k
$305k
- Base
- $229k
- Bonus
- $20k
- Other
- —
- Benefits
- $13k
SVP HR & Admin
senior vice president
$286k
$305k
- Base
- $225k
- Bonus
- $25k
- Other
- —
- Benefits
- $10k
SVP Ops
senior vice president
$285k
$304k
- Base
- $216k
- Bonus
- $25k
- Other
- —
- Benefits
- $19k
SVP Mortgage and Consumer
senior vice president
$285k
$304k
- Base
- $230k
- Bonus
- $25k
- Other
- —
- Benefits
- $5k
VP Risk
vice president
$236k
$252k
- Base
- $196k
- Bonus
- $17k
- Other
- —
- Benefits
- $2k
VP Enterprise Applications
vice president
$204k
$217k
- Base
- $166k
- Bonus
- $14k
- Other
- —
- Benefits
- $5k
VP Business Lending
vice president
$203k
$217k
- Base
- $168k
- Bonus
- $14k
- Other
- —
- Benefits
- $3k
VP Ops
vice president
$202k
$216k
- Base
- $156k
- Bonus
- $14k
- Other
- —
- Benefits
- $15k
VP Marketing
vice president
$202k
$215k
- Base
- $158k
- Bonus
- $14k
- Other
- —
- Benefits
- $14k
Bod - Chairman
board chair
$8k
$8k
Bod - Secretary
officer (unspecified)
$4k
$4k
Board of Directors
board member
$3k
$3k
Bod - Vice Chairman
board chair
$3k
$3k
Board of Directors
board member
$3k
$3k
Board of Directors
board member
$2k
$2k
Sup Committee - Chairman
board chair
$2k
$2k
Board of Directors
board member
$2k
$2k
Advisory Committee - Chairman
board chair
$2k
$2k
Board of Directors
board member
$1k
$2k
Board of Directors - Assoc
board member
$875
$933
Advisory Committee
board member
$850
$907
Advisory Committee
board member
$613
$654
Advisory Committee
board member
$238
$254
Advisory Committee
board member
$75
$80
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO | $610k | $98k | $23k | $16k | $965k $1M |
CFO - EVP | $409k | $69k | $14k | $16k | $543k $579k |
Wealth Management Advisor highest compensated employee | $91k | $390k | $6k | — | $512k $546k |
Chief Technology Officer officer (unspecified) | $272k | $36k | $150k | $16k | $505k $539k |
Chief Growth Officer officer (unspecified) | $292k | $39k | — | $14k | $424k $453k |
Clo officer (unspecified) | $292k | $37k | — | — | $400k $427k |
SVP Member Experience senior vice president | $245k | $27k | $50k | $10k | $356k $380k |
Chief Financial Officer | $229k | $20k | — | $13k | $286k $305k |
SVP HR & Admin senior vice president | $225k | $25k | — | $10k | $286k $305k |
SVP Ops senior vice president | $216k | $25k | — | $19k | $285k $304k |
SVP Mortgage and Consumer senior vice president | $230k | $25k | — | $5k | $285k $304k |
VP Risk vice president | $196k | $17k | — | $2k | $236k $252k |
VP Enterprise Applications vice president | $166k | $14k | — | $5k | $204k $217k |
VP Business Lending vice president | $168k | $14k | — | $3k | $203k $217k |
VP Ops vice president | $156k | $14k | — | $15k | $202k $216k |
VP Marketing vice president | $158k | $14k | — | $14k | $202k $215k |
Bod - Chairman board chair | — | — | — | — | $8k $8k |
Bod - Secretary officer (unspecified) | — | — | — | — | $4k $4k |
Board of Directors board member | — | — | — | — | $3k $3k |
Bod - Vice Chairman board chair | — | — | — | — | $3k $3k |
Board of Directors board member | — | — | — | — | $3k $3k |
Board of Directors board member | — | — | — | — | $2k $2k |
Sup Committee - Chairman board chair | — | — | — | — | $2k $2k |
Board of Directors board member | — | — | — | — | $2k $2k |
Advisory Committee - Chairman board chair | — | — | — | — | $2k $2k |
Board of Directors board member | — | — | — | — | $1k $2k |
Board of Directors - Assoc board member | — | — | — | — | $875 $933 |
Advisory Committee board member | — | — | — | — | $850 $907 |
Advisory Committee board member | — | — | — | — | $613 $654 |
Advisory Committee board member | — | — | — | — | $238 $254 |
Advisory Committee board member | — | — | — | — | $75 $80 |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Down 2%
from 2023
From $989k in 2023 to $965k in 2024.
$989k
2023
$965k
2024
$989k
2023
$965k
2024
In today's dollarsEst.
Down 5% in real terms$1.1M to $1M
Estimated with Minneapolis-St.Paul-Bloomington, MN-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
IDEAL CREDIT UNION reported revenue and expenses across 2 filing years.
RevenueExpenses
$56.2M
$50.6M
2023
$63.1M
$59.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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