A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT ANDSAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, MEMBERS 1ST CREDIT UNIONCONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICESOF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.
Executive compensation, broken down
Form 990 · Schedule J · 8 reported individuals · Filing year 2024
- Base
- $241k
- Bonus
- $133k
- Other
- —
- Benefits
- $21k
- Base
- $183k
- Bonus
- $12k
- Other
- $76k
- Benefits
- $19k
- Base
- $141k
- Bonus
- $9k
- Other
- $69k
- Benefits
- $14k
- Base
- $133k
- Bonus
- $8k
- Other
- $75k
- Benefits
- —
- Base
- $130k
- Bonus
- $8k
- Other
- $74k
- Benefits
- $3k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Ceo/president | $241k | $133k | — | $21k | $406k $432k |
CFO | $183k | $12k | $76k | $19k | $309k $328k |
VP of Lending vice president | $141k | $9k | $69k | $14k | $242k $258k |
VP of IT vice president | $133k | $8k | $75k | — | $225k $239k |
VP of Marketing/hr vice president | $130k | $8k | $74k | $3k | $223k $238k |
VP of Operatiions vice president | — | — | — | — | $142k $151k |
Indirect Loan Manager highest compensated employee | — | — | — | — | $131k $139k |
Regional Manager highest compensated employee | — | — | — | — | $110k $117k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 14 unpaid individuals.
Up 42%
from 2023
From $287k in 2023 to $406k in 2024.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Revenue and expenses over time
MEMBERS 1ST CREDIT UNION reported revenue and expenses across 2 filing years.
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