THE CREDIT UNION'S MISSION IS TO PROMOTE THRIFT AMONG ITS MEMBERS, CREATING SOURCES OF CREDIT AT A FAIR AND REASONABLE RATES OF INTEREST, AND PROVIDING AN OPPORTUNITY FOR ITS MEMBERS TO USE AND CONTROL THEIR RESOURCES ON A DEMOCRATIC BASIS TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION. THE CREDIT UNION SERVES MEMBERS IN BALDWIN OR MOBILE COUNTIES IN ALABAMA AND FROM ESCAMBIA TO LEON COUNTIES IN FLORIDA. THE CREDIT UNION FURTHER SERVES MEMBERS JOINING THE CREDIT UNION AS A FRIEND OF THE NAVY MARINE CORP RELIEF SOCIETY. THE TOTAL NUMBER OF MEMBERS IS IN EXCESS OF 129,000.
Executive compensation, broken down
Form 990 · Schedule J · 23 reported individuals · Filing year 2024
- Base
- $545k
- Bonus
- $100k
- Other
- $12k
- Benefits
- $29k
- Base
- $256k
- Bonus
- $32k
- Other
- $3k
- Benefits
- $28k
- Base
- $235k
- Bonus
- $33k
- Other
- $8k
- Benefits
- $28k
- Base
- $242k
- Bonus
- $32k
- Other
- $2k
- Benefits
- $28k
- Base
- $235k
- Bonus
- $31k
- Other
- $2k
- Benefits
- $28k
- Base
- $233k
- Bonus
- $8k
- Other
- $39k
- Benefits
- $28k
- Base
- $236k
- Bonus
- $31k
- Other
- $1k
- Benefits
- $27k
- Base
- $211k
- Bonus
- $20k
- Other
- $2k
- Benefits
- $28k
- Base
- $195k
- Bonus
- $18k
- Other
- $6k
- Benefits
- $17k
- Base
- $68k
- Bonus
- $151k
- Other
- $770
- Benefits
- $15k
- Base
- $176k
- Bonus
- $22k
- Other
- $1k
- Benefits
- $28k
- Base
- $195k
- Bonus
- $24k
- Other
- $1k
- Benefits
- $2k
- Base
- $165k
- Bonus
- $11k
- Other
- $1k
- Benefits
- $26k
- Base
- $155k
- Bonus
- $18k
- Other
- $1k
- Benefits
- $27k
- Base
- $161k
- Bonus
- $20k
- Other
- $2k
- Benefits
- $19k
- Base
- $165k
- Bonus
- $16k
- Other
- $1k
- Benefits
- $11k
- Base
- $183k
- Bonus
- $11k
- Other
- $1k
- Benefits
- $2k
- Base
- $148k
- Bonus
- $11k
- Other
- $27k
- Benefits
- $9k
- Base
- $143k
- Bonus
- $14k
- Other
- $770
- Benefits
- $16k
- Base
- $145k
- Bonus
- $15k
- Other
- $995
- Benefits
- $11k
- Base
- $137k
- Bonus
- $12k
- Other
- $1k
- Benefits
- $17k
- Base
- $69k
- Bonus
- $91k
- Other
- $820
- Benefits
- $15k
- Base
- $141k
- Bonus
- $12k
- Other
- $1k
- Benefits
- $2k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President CEO | $545k | $100k | $12k | $29k | $707k $749k |
Svp/chief Lending Officer officer (unspecified) | $256k | $32k | $3k | $28k | $340k $360k |
Svp/chief Experience Officer officer (unspecified) | $235k | $33k | $8k | $28k | $324k $344k |
Svp/chief Information Officer officer (unspecified) | $242k | $32k | $2k | $28k | $324k $344k |
Svp/chief People Officer officer (unspecified) | $235k | $31k | $2k | $28k | $323k $343k |
Svp/chief Strategy Officer officer (unspecified) | $233k | $8k | $39k | $28k | $321k $340k |
Svp/chief Risk Officer officer (unspecified) | $236k | $31k | $1k | $27k | $315k $334k |
Svp/chief Financial Officer officer (unspecified) | $211k | $20k | $2k | $28k | $269k $285k |
VP of Commercial Lending vice president | $195k | $18k | $6k | $17k | $248k $263k |
Sr. Wealth Advisor highest compensated employee | $68k | $151k | $770 | $15k | $246k $260k |
VP of Digital Transformation vice president | $176k | $22k | $1k | $28k | $234k $248k |
VP of Data Analytics vice president | $195k | $24k | $1k | $2k | $233k $247k |
AVP Information Technology highest compensated employee | $165k | $11k | $1k | $26k | $216k $229k |
VP of Consumer Lending vice president | $155k | $18k | $1k | $27k | $214k $227k |
VP Member Experience vice president | $161k | $20k | $2k | $19k | $213k $226k |
AVP Sr Wealth Manager highest compensated employee | $165k | $16k | $1k | $11k | $205k $218k |
VP of Marketing vice president | $183k | $11k | $1k | $2k | $200k $212k |
Former VP of Mortgage vice president | $148k | $11k | $27k | $9k | $199k $212k |
AVP Finance & Treasury highest compensated employee | $143k | $14k | $770 | $16k | $184k $196k |
VP of Project Management vice president | $145k | $15k | $995 | $11k | $184k $195k |
VP of Risk Management vice president | $137k | $12k | $1k | $17k | $178k $189k |
Sr. Wealth Advisor highest compensated employee | $69k | $91k | $820 | $15k | $175k $186k |
VP of Credit Resolutions vice president | $141k | $12k | $1k | $2k | $167k $177k |
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 7 unpaid individuals.
Up 5%
from 2023
From $670k in 2023 to $707k in 2024.
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.
Revenue and expenses over time
PENAIR CREDIT UNION reported revenue and expenses across 2 filing years.
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