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Filing year 2024

PANHANDLE CREDIT UNION

Panama City, Florida·EIN 85-3981152·14
Total revenue
$20M
Total assets
$328M
Total expenses
$17.1M
Reported officers
17
Mission

THE CREDIT UNION'S MISSION IS TO PROMOTE THRIFT AMONG ITS MEMBERS AND CREATE A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST. THE CREDIT UNION SERVES MEMBERS IN THE GREATER BAY, CALHOUN, GULF, HOLMES, JACKSON, WALTON AND WASHINGTON COUNTIES IN FLORIDA. THE TOTAL NUMBER OF MEMBERS IS IN EXCESS OF 15,800.

Executive compensation, broken down

Form 990 · Schedule J · 9 reported individuals · Filing year 2024

$403k
$428k
Base
$225k
Bonus
$25k
Other
$112k
Benefits
$30k
Base
$161k
Bonus
$30k
Other
Benefits
$9k
Clo
officer (unspecified)
$200k
$212k
Base
$165k
Bonus
$28k
Other
Benefits
$795
Chief of Risk & Compliance
officer (unspecified)
$161k
$171k
Base
$125k
Bonus
$27k
Other
Benefits
$9k
Chief Operations Officer
officer (unspecified)
$152k
$161k
Base
$119k
Bonus
$27k
Other
Benefits
$787
Director of Business Lendi
director (operational)
$126k
$134k
VP of Retail Lending
vice president
$124k
$131k
VP of Digital Services
vice president
$118k
$125k
Human Resources Manager
officer (unspecified)
$116k
$124k

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.

Up 47%
from 2023

From $273k in 2023 to $403k in 2024.

$273k
2023
$403k
2024
In today's dollarsEst.
Up 43% in real terms$298k to $428k

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

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

RevenueExpenses
$17.1M
$13.7M
2023
$20M
$17.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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