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Filing year 2024

MEMBERS1ST COMMUNITY CREDIT UNION

Ames, Iowa·EIN 42-0894163·14
Total revenue
$15.9M
Total assets
$271.1M
Total expenses
$14.1M
Reported officers
14
Mission

THE CREDIT UNION IS A FINANCIAL COOPERATIVE THAT PROVIDES DEPOSIT, LOAN, AND OTHER FINANCIAL SERVICES TO OUR MEMBER OWNERS.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

Base
$246k
Bonus
$6k
Other
Benefits
$14k
Base
$133k
Bonus
$4k
Other
Benefits
$8k
Vice President of Lending
vice president
$138k
$149k
Director of Business Services
highest compensated employee
$112k
$121k

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.

Plus 10 unpaid individuals.

Up 40%
from 2023

From $204k in 2023 to $286k in 2024.

$204k
2023
$286k
2024
In today's dollarsEst.
Up 36% in real terms$226k to $308k

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

MEMBERS1ST COMMUNITY CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$12M
$10.6M
2023
$15.9M
$14.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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