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Filing year 2024

MIDFLORIDA CREDIT UNION

Lakeland, Florida·EIN 59-6194363·14
Total revenue
$497.2M
Total assets
$8.1B
Total expenses
$387.5M
Reported officers
26
Mission

MIDFLORIDA CREDIT UNION IS COMMITTED TO DELIVERING PERSONALIZED FINANCIAL SOLUTIONS WHILE MAKING BANKING SIMPLE, SECURE AND CONVENIENT FOR ALL OF OUR MEMBERS.

Executive compensation, broken down

Form 990 · Schedule J · 23 reported individuals · Filing year 2024

$3.2M
$3.4M
Base
$995k
Bonus
$295k
Other
$43k
Benefits
$19k
Evp/chief Lending Officer
key employee
$615k
$652k
Base
$432k
Bonus
$124k
Other
$16k
Benefits
$28k
Evp/chief Financial Officer
officer (unspecified)
$605k
$642k
Base
$435k
Bonus
$122k
Other
$15k
Benefits
$17k
Evp/chief Operations Officer
key employee
$571k
$606k
Base
$398k
Bonus
$112k
Other
$18k
Benefits
$28k
Chief Commercial Lending
key employee
$471k
$499k
Base
$314k
Bonus
$92k
Other
$22k
Benefits
$28k
Chief Analytics Officer
key employee
$415k
$440k
Base
$271k
Bonus
$81k
Other
$23k
Benefits
$28k
CEO Southeast Trust/special Asset Manager
$400k
$425k
Base
$274k
Bonus
$80k
Other
$15k
Benefits
$19k
Chief Marketing Officer
officer (unspecified)
$395k
$419k
Base
$276k
Bonus
$81k
Other
$8k
Benefits
$17k
Sw Florida Market President
highest compensated employee
$395k
$419k
Base
$282k
Bonus
$80k
Other
$10k
Benefits
$10k
Chief of Collections
key employee
$389k
$412k
Base
$271k
Bonus
$80k
Other
$5k
Benefits
$19k
Chief Information Officer
chief information officer
$358k
$380k
Base
$248k
Bonus
$71k
Other
$6k
Benefits
$21k
Chief Retail Delivery
key employee
$355k
$376k
Base
$248k
Bonus
$70k
Other
$10k
Benefits
$17k
Svpii Commercial Relationship Officer
highest compensated employee
$345k
$366k
Base
$240k
Bonus
$70k
Other
$5k
Benefits
$19k
Svpii Commercial Loan Administrator
highest compensated employee
$296k
$314k
Base
$222k
Bonus
$50k
Other
$3k
Benefits
$10k
Svp/private Client Officer
highest compensated employee
$281k
$298k
Base
$120k
Bonus
$129k
Other
$2k
Benefits
$19k
Board Memebr
board member
$17k
$18k
Board Member
board member
$14k
$15k
Board Chariperson
board member
$13k
$13k
Board Secretary
board secretary
$9k
$10k
Board Member
board member
$9k
$10k
Board Member
board member
$8k
$9k
Board Member
board member
$6k
$6k
Board Vice Chairperson
board chair
$6k
$6k

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 3 unpaid individuals.

Up 184%
from 2023

From $1.1M in 2023 to $3.2M in 2024.

$1.1M
2023
$3.2M
2024
In today's dollarsEst.
Up 176% in real terms$1.2M to $3.4M

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

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

RevenueExpenses
$407.8M
$307.7M
2023
$497.2M
$387.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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