A FINANCIAL COOPERATIVE, ORGANIZED TO PROVIDE A COMPLETE SELECTION OF FINANCIAL PRODUCTS TO OUR MEMBERS, CREATING A SOURCE OF CREDIT AT A RATE OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, MONTEREY CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT OF ITS MEMBERS.
Executive compensation, broken down
Form 990 · Schedule J · 13 reported individuals · Filing year 2023
- Base
- $446k
- Bonus
- $145k
- Other
- $8k
- Benefits
- $20k
- Base
- $388k
- Bonus
- $106k
- Other
- $48k
- Benefits
- $583
- Base
- $291k
- Bonus
- $187k
- Other
- $43k
- Benefits
- $914
- Base
- $290k
- Bonus
- $83k
- Other
- $28k
- Benefits
- $44k
- Base
- $279k
- Bonus
- $80k
- Other
- $11k
- Benefits
- $48k
- Base
- $333k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $204k
- Bonus
- $54k
- Other
- $8k
- Benefits
- $2k
- Base
- $165k
- Bonus
- $29k
- Other
- $8k
- Benefits
- $16k
- Base
- $149k
- Bonus
- $32k
- Other
- $30k
- Benefits
- —
- Base
- $139k
- Bonus
- $24k
- Other
- $24k
- Benefits
- $16k
- Base
- $141k
- Bonus
- $3k
- Other
- —
- Benefits
- $47k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO (thru 10/2023) | $446k | $145k | $8k | $20k | $638k $698k |
COO | $388k | $106k | $48k | $583 | $563k $616k |
VP Finance (thru 10/2023) vice president | $291k | $187k | $43k | $914 | $542k $593k |
VP Information Services vice president | $290k | $83k | $28k | $44k | $465k $509k |
VP Member Services vice president | $279k | $80k | $11k | $48k | $437k $479k |
President - CEO | $333k | — | — | — | $333k $365k |
VP Human Resources vice president | $204k | $54k | $8k | $2k | $283k $310k |
Senior Network Administrator highest compensated employee | $165k | $29k | $8k | $16k | $231k $252k |
VP Lending vice president | $149k | $32k | $30k | — | $219k $240k |
VP Retail Sales vice president | $139k | $24k | $24k | $16k | $215k $236k |
Systems Administrator II highest compensated employee | $141k | $3k | — | $47k | $199k $218k |
Systems Administrator II highest compensated employee | — | — | — | — | $146k $159k |
CFO | — | — | — | — | $84k $92k |
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 10 unpaid individuals.
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