Mission
PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES.
Executive compensation, broken down
Form 990 · Schedule J · 11 reported individuals · Filing year 2024
President/ceo
$435k
$469k
- Base
- $371k
- Bonus
- $15k
- Other
- $14k
- Benefits
- $24k
Svp/chief Strategy Officer
officer (unspecified)
$229k
$247k
- Base
- $180k
- Bonus
- $7k
- Other
- $7k
- Benefits
- $27k
Svp/chief Lending Officer
officer (unspecified)
$227k
$245k
- Base
- $183k
- Bonus
- $7k
- Other
- $3k
- Benefits
- $27k
SVP Commercial Lending
senior vice president
$193k
$208k
- Base
- $152k
- Bonus
- $7k
- Other
- $6k
- Benefits
- $26k
SVP Residential Mortgage
senior vice president
$181k
$196k
- Base
- $148k
- Bonus
- $2k
- Other
- —
- Benefits
- $26k
VP Technology Operations
vice president
$174k
$188k
- Base
- $130k
- Bonus
- $5k
- Other
- $5k
- Benefits
- $25k
VP of Human Resources
vice president
$170k
$184k
- Base
- $134k
- Bonus
- $6k
- Other
- —
- Benefits
- $21k
VP Commercial Loan Officer
vice president
$165k
$178k
- Base
- $146k
- Bonus
- $6k
- Other
- —
- Benefits
- $3k
Svp/cfo (thru Aug '24) Then Svp/controller
officer (unspecified)
$159k
$172k
- Base
- $124k
- Bonus
- $5k
- Other
- $5k
- Benefits
- $16k
Svp/chief Retail Officer
officer (unspecified)
$152k
$164k
- Base
- $132k
- Bonus
- $5k
- Other
- —
- Benefits
- $10k
Svp/chief Financial Officer
officer (unspecified)
$58k
$62k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo | $371k | $15k | $14k | $24k | $435k $469k |
Svp/chief Strategy Officer officer (unspecified) | $180k | $7k | $7k | $27k | $229k $247k |
Svp/chief Lending Officer officer (unspecified) | $183k | $7k | $3k | $27k | $227k $245k |
SVP Commercial Lending senior vice president | $152k | $7k | $6k | $26k | $193k $208k |
SVP Residential Mortgage senior vice president | $148k | $2k | — | $26k | $181k $196k |
VP Technology Operations vice president | $130k | $5k | $5k | $25k | $174k $188k |
VP of Human Resources vice president | $134k | $6k | — | $21k | $170k $184k |
VP Commercial Loan Officer vice president | $146k | $6k | — | $3k | $165k $178k |
Svp/cfo (thru Aug '24) Then Svp/controller officer (unspecified) | $124k | $5k | $5k | $16k | $159k $172k |
Svp/chief Retail Officer officer (unspecified) | $132k | $5k | — | $10k | $152k $164k |
Svp/chief Financial Officer officer (unspecified) | — | — | — | — | $58k $62k |
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.
Up 7%
from 2023
From $405k in 2023 to $435k in 2024.
$405k
2023
$435k
2024
$405k
2023
$435k
2024
In today's dollarsEst.
Up 4% in real terms$453k to $469k
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
MAINE STATE CREDIT UNION reported revenue and expenses across 2 filing years.
RevenueExpenses
$30.2M
$28.8M
2023
$39.8M
$38.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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