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Filing year 2024

Members Credit Union

Winston Salem, North Carolina·EIN 56-6043259·501(c)(14)
Total revenue
$27.4M
Total assets
$438.4M
Total expenses
$22.7M
Reported officers
16
Mission

To offer reasonable products and services to our members.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ceo
Above 90th percentile
$568k
$602k
Base
$459k
Bonus
$84k
Other
$25k
Benefits
SVP of Lending and Operations
Senior Vice President
25th percentile to median
$192k
$203k
Base
$174k
Bonus
$16k
Other
$1k
Benefits
CFO & Treasurer
75th to 90th percentile
$183k
$194k
Base
$165k
Bonus
$15k
Other
$3k
Benefits
SVP of Member Experience & Compliance
Senior Vice President
25th percentile to median
$172k
$183k
Base
$157k
Bonus
$14k
Other
$1k
Benefits
Director of Information Technology
Chief Information Officer
10th to 25th percentile
$124k
$132k
Base
$114k
Bonus
$9k
Other
$1k
Benefits
Director of Lending
Highest Compensated Employee
10th to 25th percentile
$124k
$132k
Base
$116k
Bonus
$7k
Other
$2k
Benefits
Executive Secretary
Secretary (Operational)
75th to 90th percentile
$89k
$94k

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 6%
from 2023

From $534k in 2023 to $568k in 2024.

$534k
2023
$568k
2024
In today's dollarsEst.
Up 3% in real terms$583k to $602k

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.

Pay for the position

Chief Executive Officer pay rose 6% from 2023 to 2024, while revenue rose 2%.

$534k in 2023 to $568k in 2024.
  • Senior Vice President pay rose 7% from 2023 to 2024.
  • Chief Financial Officer pay rose 8% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Members Credit Union reported revenue and expenses across 2 filing years.

RevenueExpenses
$26.9M
$20.1M
2023
$27.4M
$22.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Members Credit Union

What does the Chief Executive Officer of Members Credit Union earn?

In 2024, the Chief Executive Officer of Members Credit Union received $567,593 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 Members 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 Members Credit Union falls in the top 10%.

What are Members Credit Union's revenue and expenses?

In 2024, Members Credit Union reported $27.4M in total revenue and $22.7M in total expenses on its IRS Form 990.

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