Mission
WE WILL SERVE MORE OF THE UNDERSERVED WITH PRODUCTS, SERVICE, TIME AND GIVING. WE WILL INCREASE THE NUMBER AND PERCENTAGE OF CUSTOMERS AVAILING THEMSELVES OF A VARIETY OF HIGH QUALITY SERVICES.
Executive compensation, broken down
Form 990 · Schedule J · 21 reported individuals · Filing year 2024
President & CEO
$659k
$709k
- Base
- $462k
- Bonus
- $139k
- Other
- $9k
- Benefits
- $34k
Chief Risk Officer
officer (unspecified)
$630k
$678k
- Base
- $300k
- Bonus
- $278k
- Other
- $261
- Benefits
- $36k
Chief Information Officer
chief information officer
$499k
$536k
- Base
- $243k
- Bonus
- $209k
- Other
- $261
- Benefits
- $33k
Chief Financial Officer
$429k
$461k
- Base
- $276k
- Bonus
- $107k
- Other
- $271
- Benefits
- $33k
Chief Lending Officer
key employee
$390k
$420k
- Base
- $248k
- Bonus
- $97k
- Other
- $451
- Benefits
- $33k
Chief Human Resource Officer
key employee
$388k
$418k
- Base
- $248k
- Bonus
- $97k
- Other
- $261
- Benefits
- $33k
Delivery & Experience Officer
key employee
$356k
$383k
- Base
- $233k
- Bonus
- $86k
- Other
- $261
- Benefits
- $33k
VP of Compliance & Audit
vice president
$342k
$367k
- Base
- $128k
- Bonus
- $174k
- Other
- $185
- Benefits
- $33k
VP of Member Experience & Digital
vice president
$331k
$357k
- Base
- $155k
- Bonus
- $135k
- Other
- $4k
- Benefits
- $32k
VP of Collections
vice president
$323k
$348k
- Base
- $192k
- Bonus
- $83k
- Other
- $261
- Benefits
- $34k
SVP of Customer Analytics
senior vice president
$307k
$330k
- Base
- $185k
- Bonus
- $72k
- Other
- $1k
- Benefits
- $36k
SVP of Mortgage Lending
senior vice president
$303k
$326k
- Base
- $187k
- Bonus
- $72k
- Other
- $4k
- Benefits
- $31k
Chair
board chair
$35k
$38k
Fourth Vice-chair
officer (unspecified)
$29k
$32k
First Vice-chair
officer (unspecified)
$28k
$30k
Second Vice-chair
officer (unspecified)
$28k
$30k
Treasurer
officer (unspecified)
$28k
$30k
Secretary
officer (unspecified)
$28k
$30k
Third Vice-chair
officer (unspecified)
$28k
$30k
Sixth Vice-chair
officer (unspecified)
$5k
$5k
Fifth Vice-chair
officer (unspecified)
$5k
$5k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO | $462k | $139k | $9k | $34k | $659k $709k |
Chief Risk Officer officer (unspecified) | $300k | $278k | $261 | $36k | $630k $678k |
Chief Information Officer chief information officer | $243k | $209k | $261 | $33k | $499k $536k |
Chief Financial Officer | $276k | $107k | $271 | $33k | $429k $461k |
Chief Lending Officer key employee | $248k | $97k | $451 | $33k | $390k $420k |
Chief Human Resource Officer key employee | $248k | $97k | $261 | $33k | $388k $418k |
Delivery & Experience Officer key employee | $233k | $86k | $261 | $33k | $356k $383k |
VP of Compliance & Audit vice president | $128k | $174k | $185 | $33k | $342k $367k |
VP of Member Experience & Digital vice president | $155k | $135k | $4k | $32k | $331k $357k |
VP of Collections vice president | $192k | $83k | $261 | $34k | $323k $348k |
SVP of Customer Analytics senior vice president | $185k | $72k | $1k | $36k | $307k $330k |
SVP of Mortgage Lending senior vice president | $187k | $72k | $4k | $31k | $303k $326k |
Chair board chair | — | — | — | — | $35k $38k |
Fourth Vice-chair officer (unspecified) | — | — | — | — | $29k $32k |
First Vice-chair officer (unspecified) | — | — | — | — | $28k $30k |
Second Vice-chair officer (unspecified) | — | — | — | — | $28k $30k |
Treasurer officer (unspecified) | — | — | — | — | $28k $30k |
Secretary officer (unspecified) | — | — | — | — | $28k $30k |
Third Vice-chair officer (unspecified) | — | — | — | — | $28k $30k |
Sixth Vice-chair officer (unspecified) | — | — | — | — | $5k $5k |
Fifth Vice-chair officer (unspecified) | — | — | — | — | $5k $5k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Up 8%
from 2023
From $612k in 2023 to $659k in 2024.
$612k
2023
$659k
2024
$612k
2023
$659k
2024
In today's dollarsEst.
Up 5% in real terms$677k to $709k
Estimated with BLS CPI-U for the Midwest 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
MARINE CREDIT UNION reported revenue and expenses across 2 filing years.
RevenueExpenses
$86.5M
$78.8M
2023
$92.3M
$84.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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