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Filing year 2024

MERIWEST CREDIT UNION

San Jose, California·EIN 94-1521987·NTEE W610 · Public & Societal Benefit·501(c)(14)
Total revenue
$110.4M
Total assets
$2.1B
Total expenses
$104.9M
Reported officers
29
Mission

MERIWEST CREDIT UNION IS A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS 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, MERIWEST CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

President/ceo
Above 90th percentilevs Public & Societal Benefit peers in California
$638k
$679k
Base
$571k
Bonus
Other
$37k
Benefits
$24k
Svp, Chief Financial Officer
Above 90th percentile
$504k
$537k
Base
$442k
Bonus
Other
$11k
Benefits
$28k
Svp, Chief Operating Officer
Above 90th percentile
$444k
$473k
Base
$392k
Bonus
Other
$2k
Benefits
$34k
Vp, Chief Technology Officer
Vice President
75th to 90th percentile
$358k
$382k
Base
$297k
Bonus
Other
$11k
Benefits
$27k
Senior Financial Advisor
Highest Compensated Employee
75th to 90th percentilevs Public & Societal Benefit peers in California
$331k
$352k
Base
$295k
Bonus
$10k
Other
$2k
Benefits
$25k
Financial Advisor
Highest Compensated Employee
75th to 90th percentilevs Public & Societal Benefit peers in California
$330k
$352k
Base
$311k
Bonus
$3k
Other
$608
Benefits
$16k
Vp, Chief Treasury Officer
Vice President
75th to 90th percentile
$327k
$348k
Base
$291k
Bonus
Other
$2k
Benefits
$34k
Financial Advisor
Highest Compensated Employee
75th to 90th percentilevs Public & Societal Benefit peers in California
$305k
$325k
Base
$270k
Bonus
$3k
Other
$2k
Benefits
$31k
Vp, Digital Strategy and Engagement
Board Vice President
75th to 90th percentile
$286k
$305k
Base
$248k
Bonus
Other
$4k
Benefits
$34k
Vp, Chief Risk & Operations Officer
Vice President
75th to 90th percentile
$280k
$298k
Base
$241k
Bonus
Other
$2k
Benefits
$37k
Vp, Chief Human Resources Officer
Vice President
75th to 90th percentile
$279k
$297k
Base
$243k
Bonus
Other
$8k
Benefits
$28k
Vp, Network Operations and Security
Board Vice President
75th to 90th percentile
$276k
$294k
Base
$242k
Bonus
Other
$8k
Benefits
$27k
President, Meriwest Mortgage
Key Employee
Median to 75th percentile
$275k
$293k
Base
$226k
Bonus
Other
$5k
Benefits
$21k
Vp, Chief Retail Officer
Vice President
75th to 90th percentile
$260k
$277k
Base
$225k
Bonus
$3k
Other
$779
Benefits
$32k
AVP Assistant Controller
Controller
Median to 75th percentile
$241k
$257k
Base
$199k
Bonus
$7k
Other
$3k
Benefits
$32k
AVP Information Technology Development
Highest Compensated Employee
75th to 90th percentilevs Public & Societal Benefit peers in California
$236k
$251k
Base
$214k
Bonus
$8k
Other
$2k
Benefits
$13k
Vp, Consumer & Fintech Lending
Board Vice President
Median to 75th percentile
$191k
$203k
Base
$180k
Bonus
Other
$3k
Benefits
$4k

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 12 unpaid individuals.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MERIWEST CREDIT UNION equaled 0.6% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
0.6%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 2%
from 2023

From $653k in 2023 to $638k in 2024.

$653k
2023
$638k
2024
In today's dollarsEst.
Down 5% in real terms$714k to $679k

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.

Pay for the position

Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue rose 9%.

$605k in 2023 to $638k in 2024.
  • Chief Financial Officer pay fell 8% from 2023 to 2024.
  • Highest Compensated Employee pay rose 3% 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

MERIWEST CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$101.1M
$98.6M
2023
$110.4M
$104.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Public & Societal Benefit executives earn in California

Comparable public & societal benefit organizations in California pay their highest-earning executive a median of $104,500.

25th percentile
$40k
Median
$104,500
75th percentile
$188k
90th percentile
$381k

These are public & societal benefit sector-wide figures, not this organization's reported pay. Based on 273 organizations across 273 filings (2022 – 2024).

See full Public & Societal Benefit pay data for California
FAQ

Common questions about MERIWEST CREDIT UNION

What does the Chief Executive Officer of MERIWEST CREDIT UNION earn?

In 2024, the Chief Executive Officer of MERIWEST CREDIT UNION received $637,654 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Public & Societal Benefit organizations in California: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MERIWEST CREDIT UNION compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations in California, the 2024 pay of the Chief Executive Officer at MERIWEST CREDIT UNION falls in the top 10%. In 2024, the highest total compensation at MERIWEST CREDIT UNION equaled 0.6% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are MERIWEST CREDIT UNION's revenue and expenses?

In 2024, MERIWEST CREDIT UNION reported $110.4M in total revenue and $104.9M in total expenses on its IRS Form 990.

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