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Filing year 2024

MEMPHIS CITY EMPLOYEES CREDIT UNION

Memphis, Tennessee·EIN 62-0630690·14
Total revenue
$29M
Total assets
$455.4M
Total expenses
$27.2M
Reported officers
16

Executive compensation, broken down

Form 990 · Schedule J · 8 reported individuals · Filing year 2024

$714k
$758k
Base
$507k
Bonus
$143k
Other
$58k
Benefits
$7k
Chief Operating Officer
$351k
$372k
Base
$194k
Bonus
$135k
Other
$15k
Benefits
$7k
Chief Financial Officer
$310k
$328k
Base
$186k
Bonus
$101k
Other
$15k
Benefits
$7k
Chief Information Officer
chief information officer
$251k
$266k
Base
$130k
Bonus
$116k
Other
Benefits
$5k
Chief Risk Officer
highest compensated employee
$210k
$223k
Base
$132k
Bonus
$75k
Other
Benefits
$3k
Chief Lending Officer
highest compensated employee
$178k
$189k
Base
$133k
Bonus
$41k
Other
$701
Benefits
$3k
Controller
highest compensated employee
$141k
$150k
VP of Mortgage
vice president
$131k
$139k

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 8 unpaid individuals.

Up 4%
from 2023

From $685k in 2023 to $714k in 2024.

$685k
2023
$714k
2024
In today's dollarsEst.
Up 1% in real terms$748k to $758k

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.

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

Revenue and expenses over time

MEMPHIS CITY EMPLOYEES CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$26.1M
$24M
2023
$29M
$27.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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