TO PROVIDE FINANCIAL SERVICES, LOAN, AND DEPOSIT PRODUCTS THAT WILL MEET NEEDS AND EXPECTATIONS OF THE FIELD OF MEMBERSHIP AND PROVIDE A FAIR AND EQUITABLE RETURN TO THE CREDIT UNION. TO GROW THE FIELD OF MEMBERSHIP BY AGGRESSIVELY PURSUING ALL PERSONS IN NEED OF FINANCIAL PRODUCTS AND SERVICES BY CONTINUALLY ENHANCING PRODUCTS TO BETTER SERVE THE FIELD OF MEMBERSHIP.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $353k
- Bonus
- —
- Other
- —
- Benefits
- $25k
- Base
- $196k
- Bonus
- —
- Other
- —
- Benefits
- $11k
- Base
- $220k
- Bonus
- —
- Other
- —
- Benefits
- $11k
- Base
- $176k
- Bonus
- —
- Other
- —
- Benefits
- $11k
- Base
- $153k
- Bonus
- —
- Other
- —
- Benefits
- $11k
- Base
- $128k
- Bonus
- —
- Other
- —
- Benefits
- $19k
- Base
- $120k
- Bonus
- —
- Other
- —
- Benefits
- $11k
- Base
- $129k
- Bonus
- —
- Other
- —
- Benefits
- $520
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo Above 90th percentile | $353k | — | — | $25k | $654k $694k |
COO Above 90th percentile | $196k | — | — | $11k | $347k $369k |
Evp/cfo Officer (Unspecified) | $220k | — | — | $11k | $292k $310k |
VP of Business Lending Board Vice President 75th to 90th percentile | $176k | — | — | $11k | $229k $243k |
SVP of Operations Senior Vice President 25th percentile to median | $153k | — | — | $11k | $198k $210k |
VP IT Board Vice President Median to 75th percentile | $128k | — | — | $19k | $195k $207k |
VP Consumer Lending Board Vice President Median to 75th percentile | $120k | — | — | $11k | $163k $173k |
Vice President Human Resou Board Vice President Median to 75th percentile | $129k | — | — | $520 | $162k $171k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 9 unpaid individuals.
Up 8%
from 2023
From $608k in 2023 to $654k in 2024.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 8% from 2023 to 2024, while revenue rose 7%.
- Chief Operating Officer pay fell 8% from 2023 to 2024.
- Board Vice President pay rose 22% 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
MCT CREDIT UNION reported revenue and expenses across 2 filing years.
Common questions about MCT CREDIT UNION
What does the Chief Executive Officer of MCT CREDIT UNION earn?
In 2024, the Chief Executive Officer of MCT CREDIT UNION received $653,984 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MCT 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 MCT CREDIT UNION falls in the top 10%.
What are MCT CREDIT UNION's revenue and expenses?
In 2024, MCT CREDIT UNION reported $21.7M in total revenue and $20.7M in total expenses on its IRS Form 990.
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