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Filing year 2024

MY CREDIT UNION

Bloomington, Minnesota·EIN 41-0824021·14
Total revenue
$19.1M
Total assets
$376.6M
Total expenses
$18.4M
Reported officers
19
Mission

TO PROVIDE LENDING, SAVINGS AND OTHER FINANCIAL SERVICES TO OUR QUALIFYING MEMBERS AT TERMS GENERALLY BETTER THAN AVAILABLE IN THE MARKETPLACE AND WITH A "SERVICE BASED EMPHASIS" THAT RECOGNIZES THE MEMBERS' STATUS AS OWNERS.

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

$494k
$527k
Base
$346k
Bonus
$68k
Other
$41k
Benefits
$19k
Chief Financial Officer
$258k
$275k
Base
$185k
Bonus
$38k
Other
$8k
Benefits
$15k
Vice President, Lending
vice president
$221k
$236k
Base
$167k
Bonus
$32k
Other
$9k
Benefits
Vice President, IT
vice president
$217k
$232k
Base
$166k
Bonus
$34k
Other
$2k
Benefits
$15k
Vice President, Member Ser
vice president
$203k
$217k
Base
$160k
Bonus
$31k
Other
$2k
Benefits
VP of Commercial Services
vice president
$168k
$179k
Base
$111k
Bonus
$15k
Other
$13k
Benefits
$21k
Vice President, HR
vice president
$164k
$175k
Base
$112k
Bonus
$23k
Other
$5k
Benefits
$17k
Vice President, Marketing
vice president
$158k
$168k
Base
$114k
Bonus
$23k
Other
$7k
Benefits
$7k
Director of IT
chief information officer
$135k
$144k
Vice President, Commercial
vice president
$120k
$128k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Up 5%
from 2023

From $470k in 2023 to $494k in 2024.

$470k
2023
$494k
2024
In today's dollarsEst.
Up 3% in real terms$513k to $527k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, 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

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

RevenueExpenses
$18.7M
$16.6M
2023
$19.1M
$18.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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MY CREDIT UNION | Executive Pay $120k-$494k | Lucido