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Filing year 2023

MERRIMACK VALLEY CREDIT UNION

Lawrence, Massachusetts·EIN 04-2206928·14
Total revenue
$91.4M
Total assets
$2.2B
Total expenses
$82.9M
Reported officers
66
Mission

TO SERVE OUR COMMUNITY AND PARTNER WITH OUR MEMBERS TO OFFER VALUE ADDED FINANCIAL PRODUCTS, SERVICES, SOLUTIONS AND EXCELLENT MEMBER SERVICE.

Executive compensation, broken down

Form 990 · Schedule J · 44 reported individuals · Filing year 2023

$910k
$1M
Base
$683k
Bonus
$186k
Other
Benefits
$18k
EVP / Chief Lending Officer
$599k
$660k
Base
$444k
Bonus
$114k
Other
Benefits
$18k
$531k
$585k
Base
$384k
Bonus
$114k
Other
Benefits
$10k
SVP / Information Technology
senior vice president
$403k
$443k
Base
$302k
Bonus
$60k
Other
Benefits
$18k
SVP Marketing
senior vice president
$310k
$341k
Base
$242k
Bonus
$35k
Other
Benefits
$18k
Strategic Advisor
officer (unspecified)
$300k
$330k
Base
$289k
Bonus
Other
Benefits
$6k
SVP Residential Lending
senior vice president
$289k
$318k
Base
$213k
Bonus
$40k
Other
Benefits
$18k
SVP Organizational Development
senior vice president
$259k
$286k
Base
$210k
Bonus
$30k
Other
Benefits
$2k
VP Finance
vice president
$255k
$281k
Base
$188k
Bonus
$35k
Other
Benefits
$17k
VP Commercial Lending
vice president
$252k
$277k
Base
$203k
Bonus
$27k
Other
Benefits
$5k
VP Online and Digital Channels
vice president
$243k
$267k
Base
$164k
Bonus
$40k
Other
Benefits
$25k
SVP Operations
senior vice president
$240k
$265k
Base
$192k
Bonus
$30k
Other
Benefits
$3k
VP Human Resources
vice president
$240k
$264k
Base
$178k
Bonus
$30k
Other
Benefits
$17k
VP IT
vice president
$238k
$263k
Base
$190k
Bonus
$30k
Other
Benefits
$3k
Evp, Chief Retail Officer & Chief People Officer
$227k
$250k
Base
$211k
Bonus
Other
Benefits
$6k
AVP Mortgage Lending Operations
officer (unspecified)
$215k
$237k
Base
$178k
Bonus
$15k
Other
Benefits
$9k
Mortgage Loan Originator (outside)
officer (unspecified)
$213k
$234k
Base
$154k
Bonus
$22k
Other
Benefits
$24k
VP / Risk Management
vice president
$210k
$232k
Base
$165k
Bonus
$30k
Other
Benefits
$1k
VP Consumer Lending Manager
vice president
$203k
$224k
Base
$167k
Bonus
$21k
Other
Benefits
$2k
VP Operations
vice president
$198k
$218k
Base
$157k
Bonus
$19k
Other
Benefits
$9k
VP Collections
vice president
$192k
$211k
Base
$146k
Bonus
$18k
Other
Benefits
$17k
VP Corporate Communication & Community Relations
vice president
$189k
$208k
Base
$161k
Bonus
$15k
Other
Benefits
$1k
VP Project Development & Cra Officer
vice president
$185k
$204k
Base
$141k
Bonus
$17k
Other
Benefits
$17k
AVP Bsa/fraud Manager
officer (unspecified)
$170k
$188k
Base
$131k
Bonus
$5k
Other
Benefits
$25k
AVP Alm, Planning & Budgeting
officer (unspecified)
$166k
$183k
Base
$141k
Bonus
Other
Benefits
$17k
SVP Digital Channels
senior vice president
$165k
$182k
Base
$145k
Bonus
Other
Benefits
$10k
Avp, Accounting Manager
officer (unspecified)
$165k
$181k
Base
$126k
Bonus
$5k
Other
Benefits
$25k
AVP Collections
officer (unspecified)
$156k
$171k
Base
$132k
Bonus
$12k
Other
Benefits
$1k
AVP Compliance
officer (unspecified)
$155k
$170k
Base
$138k
Bonus
$3k
Other
Benefits
$5k
AVP Member Support
officer (unspecified)
$151k
$166k
Base
$118k
Bonus
$15k
Other
Benefits
$9k
VP Information Security
vice president
$134k
$147k
SVP Loan Administration
senior vice president
$129k
$142k
VP Depoist Operations
vice president
$126k
$138k
VP Community & Member Engagement
vice president
$125k
$137k
VP Member Experience
vice president
$115k
$127k
AVP Technology Applications & Automation
officer (unspecified)
$106k
$117k
VP Commerical Ledning Officer
vice president
$103k
$113k
VP Seg, Member Growth & Development
vice president
$99k
$109k
VP General Counsel
vice president
$92k
$101k
VP Marketing
vice president
$79k
$87k
Director
board member
$11k
$12k
Director
board member
$8k
$9k
Assistant Treasurer
officer (unspecified)
$7k
$8k
1st Vice Chairman
board chair
$6k
$7k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 22 unpaid individuals.

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