Mission
To provide high quality, low cost financial services to its members
Executive compensation, broken down
Form 990 · Schedule J · 16 reported individuals · Filing year 2024
CEO Retired
$635k
$685k
- Base
- $75k
- Bonus
- —
- Other
- $36k
- Benefits
- $17k
$290k
$313k
- Base
- $264k
- Bonus
- —
- Other
- —
- Benefits
- $25k
Coo/compliance Risk Officer
key employee
$165k
$178k
- Base
- $156k
- Bonus
- —
- Other
- —
- Benefits
- $9k
Director Consumer Lending
key employee
$114k
$123k
Chairman
board chair
$16k
$17k
Treasurer
officer (unspecified)
$14k
$15k
Second Chair
board chair
$14k
$15k
First Chair
board chair
$14k
$15k
Secretary
officer (unspecified)
$13k
$14k
Director
board member
$12k
$13k
Director
board member
$12k
$13k
Director
board member
$12k
$13k
Director
board member
$12k
$13k
Director
board member
$12k
$13k
Director
board member
$10k
$11k
Director
board member
$7k
$7k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Retired | $75k | — | $36k | $17k | $635k $685k |
CEO | $264k | — | — | $25k | $290k $313k |
Coo/compliance Risk Officer key employee | $156k | — | — | $9k | $165k $178k |
Director Consumer Lending key employee | — | — | — | — | $114k $123k |
Chairman board chair | — | — | — | — | $16k $17k |
Treasurer officer (unspecified) | — | — | — | — | $14k $15k |
Second Chair board chair | — | — | — | — | $14k $15k |
First Chair board chair | — | — | — | — | $14k $15k |
Secretary officer (unspecified) | — | — | — | — | $13k $14k |
Director board member | — | — | — | — | $12k $13k |
Director board member | — | — | — | — | $12k $13k |
Director board member | — | — | — | — | $12k $13k |
Director board member | — | — | — | — | $12k $13k |
Director board member | — | — | — | — | $12k $13k |
Director board member | — | — | — | — | $10k $11k |
Director board member | — | — | — | — | $7k $7k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Up 35%
from 2023
From $469k in 2023 to $635k in 2024.
$469k
2023
$635k
2024
$469k
2023
$635k
2024
In today's dollarsEst.
Up 31% in real terms$524k to $685k
Estimated with BLS CPI-U for the Northeast 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
Ocean State Credit Union reported revenue and expenses across 2 filing years.
RevenueExpenses
$16.2M
$14.8M
2023
$17.5M
$16.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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