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 · Part VII & Schedule J · 23 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- 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 Above 90th percentile | $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 Board Vice President 75th to 90th percentile | $195k | $18k | $6k | $17k | $248k $263k |
Sr. Wealth Advisor Highest Compensated Employee 75th to 90th percentile | $68k | $151k | $770 | $15k | $246k $260k |
VP of Digital Transformation Board Vice President 75th to 90th percentile | $176k | $22k | $1k | $28k | $234k $248k |
VP of Data Analytics Board Vice President 75th to 90th percentile | $195k | $24k | $1k | $2k | $233k $247k |
AVP Information Technology Highest Compensated Employee Median to 75th percentile | $165k | $11k | $1k | $26k | $216k $229k |
VP of Consumer Lending Board Vice President 75th to 90th percentile | $155k | $18k | $1k | $27k | $214k $227k |
VP Member Experience Board Vice President Median to 75th percentile | $161k | $20k | $2k | $19k | $213k $226k |
AVP Sr Wealth Manager Highest Compensated Employee Median to 75th percentile | $165k | $16k | $1k | $11k | $205k $218k |
VP of Marketing Board Vice President Median to 75th percentile | $183k | $11k | $1k | $2k | $200k $212k |
Former VP of Mortgage Board Vice President Median to 75th percentile | $148k | $11k | $27k | $9k | $199k $212k |
AVP Finance & Treasury Highest Compensated Employee Median to 75th percentile | $143k | $14k | $770 | $16k | $184k $196k |
VP of Project Management Board Vice President Median to 75th percentile | $145k | $15k | $995 | $11k | $184k $195k |
VP of Risk Management Board Vice President Median to 75th percentile | $137k | $12k | $1k | $17k | $178k $189k |
Sr. Wealth Advisor Highest Compensated Employee Median to 75th percentile | $69k | $91k | $820 | $15k | $175k $186k |
VP of Credit Resolutions Board Vice President Median to 75th percentile | $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.
Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue rose 4%.
- Board Vice President pay rose 6% from 2023 to 2024.
- Highest Compensated Employee pay rose 49% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
PENAIR CREDIT UNION reported revenue and expenses across 2 filing years.
Common questions about PENAIR CREDIT UNION
What does the Chief Executive Officer of PENAIR CREDIT UNION earn?
In 2024, the Chief Executive Officer of PENAIR CREDIT UNION received $706,591 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at PENAIR CREDIT UNION compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at PENAIR CREDIT UNION falls in the top 10%.
What are PENAIR CREDIT UNION's revenue and expenses?
In 2024, PENAIR CREDIT UNION reported $174.3M in total revenue and $158.5M in total expenses on its IRS Form 990.
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