Skip to main content
Filing year 2024

MIDFLORIDA CREDIT UNION

Lakeland, Florida·EIN 59-6194363·501(c)(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 · Part VII & Schedule J · 23 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ceo
Above 90th percentile
$3.2M
$3.4M
Base
$995k
Bonus
$295k
Other
$43k
Benefits
$19k
Evp/chief Lending Officer
Key Employee
Above 90th percentile
$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
Above 90th percentile
$571k
$606k
Base
$398k
Bonus
$112k
Other
$18k
Benefits
$28k
Chief Commercial Lending
Key Employee
Above 90th percentile
$471k
$499k
Base
$314k
Bonus
$92k
Other
$22k
Benefits
$28k
Chief Analytics Officer
Key Employee
Above 90th percentile
$415k
$440k
Base
$271k
Bonus
$81k
Other
$23k
Benefits
$28k
CEO Southeast Trust/special Asset Manager
Above 90th percentile
$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
Above 90th percentile
$395k
$419k
Base
$282k
Bonus
$80k
Other
$10k
Benefits
$10k
Chief of Collections
Key Employee
75th to 90th percentile
$389k
$412k
Base
$271k
Bonus
$80k
Other
$5k
Benefits
$19k
Chief Information Officer
75th to 90th percentile
$358k
$380k
Base
$248k
Bonus
$71k
Other
$6k
Benefits
$21k
Chief Retail Delivery
Key Employee
75th to 90th percentile
$355k
$376k
Base
$248k
Bonus
$70k
Other
$10k
Benefits
$17k
Svpii Commercial Relationship Officer
Highest Compensated Employee
75th to 90th percentile
$345k
$366k
Base
$240k
Bonus
$70k
Other
$5k
Benefits
$19k
Svpii Commercial Loan Administrator
Highest Compensated Employee
75th to 90th percentile
$296k
$314k
Base
$222k
Bonus
$50k
Other
$3k
Benefits
$10k
Svp/private Client Officer
Highest Compensated Employee
75th to 90th percentile
$281k
$298k
Base
$120k
Bonus
$129k
Other
$2k
Benefits
$19k
Board Memebr
Board Member
Median to 75th percentile
$17k
$18k
Board Member
25th percentile to median
$14k
$15k
Board Chariperson
Board Member
25th percentile to median
$13k
$13k
Board Secretary
Median to 75th percentile
$9k
$10k
Board Member
25th percentile to median
$9k
$10k
Board Member
25th percentile to median
$8k
$9k
Board Member
25th percentile to median
$6k
$6k
Board Vice Chairperson
Board Chair
10th to 25th percentile
$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.

Pay for the position

Chief Executive Officer pay rose 184% from 2023 to 2024, while revenue rose 22%.

$1.1M in 2023 to $3.2M in 2024.
  • Highest Compensated Employee pay rose 106% 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

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.
FAQ

Common questions about MIDFLORIDA CREDIT UNION

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

In 2024, the Chief Executive Officer of MIDFLORIDA CREDIT UNION received $3,198,500 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

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

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at MIDFLORIDA CREDIT UNION falls in the top 10%.

What are MIDFLORIDA CREDIT UNION's revenue and expenses?

In 2024, MIDFLORIDA CREDIT UNION reported $497.2M in total revenue and $387.5M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.