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Filing year 2024

MUTUAL SAVINGS CREDIT UNION

Birmingham, Alabama·EIN 63-0148940·14
Total revenue
$17M
Total assets
$235.9M
Total expenses
$15.1M
Reported officers
19
Mission

COOPERATIVE SOCIETY INCORPORATED FOR THE TWOFOLD PURPOSE OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST.

Executive compensation, broken down

Form 990 · Schedule J · 11 reported individuals · Filing year 2024

Ceo/director - Treasurer
officer (unspecified)
$330k
$350k
Base
$257k
Bonus
$52k
Other
Benefits
$20k
Base
$170k
Bonus
$35k
Other
Benefits
$18k
Chief Marketing Officer
officer (unspecified)
$216k
$229k
Base
$164k
Bonus
$34k
Other
Benefits
$18k
Chief Technology Officer
officer (unspecified)
$206k
$218k
Base
$153k
Bonus
$32k
Other
Benefits
$20k
VP Business Banking
vice president
$169k
$179k
Base
$138k
Bonus
$28k
Other
Benefits
$3k
VP Collections
vice president
$144k
$153k
VP Lending Services
vice president
$144k
$152k
VP Human Resources
vice president
$142k
$151k
CFO (retired in 2024)
$140k
$148k
Highly Compensated Employee
highest compensated employee
$106k
$112k

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 8 unpaid individuals.

Held steady
from 2023

From $331k in 2023 to $330k in 2024.

$331k
2023
$330k
2024
In today's dollarsEst.
Down 3% in real terms$362k to $350k

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

MUTUAL SAVINGS CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$14M
$13.5M
2023
$17M
$15.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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