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Filing year 2024

REDWOOD CREDIT UNION

Santa Rosa, California·EIN 94-1244186·14
Total revenue
$504M
Total assets
$9.1B
Total expenses
$388.2M
Reported officers
33
Mission

PASSIONATELY SERVING THE BEST INTERESTS OF OUR MEMBERS, EMPLOYEES, AND COMMUNITIES. SERVING ALL OF OUR MEMBERS FINANCIAL SERVICE NEEDS.

Executive compensation, broken down

Form 990 · Schedule J · 22 reported individuals · Filing year 2024

$2.3M
$2.5M
Base
$914k
Bonus
$565k
Other
$323k
Benefits
Evp/chief Admin Officer
officer (unspecified)
$1.4M
$1.5M
Base
$538k
Bonus
$430k
Other
$47k
Benefits
$10k
Wealth Advisor
highest compensated employee
$1.1M
$1.1M
Base
$64k
Bonus
$983k
Other
$6k
Benefits
Evp/chief Lending Officer
officer (unspecified)
$994k
$1.1M
Base
$506k
Bonus
$172k
Other
$88k
Benefits
$13k
External Mortgage Loan Off
highest compensated employee
$866k
$922k
Base
$34k
Bonus
$810k
Other
Benefits
$6k
Evp/chief Op & Risk Office
officer (unspecified)
$812k
$865k
Base
$435k
Bonus
$122k
Other
$38k
Benefits
$11k
Evp/chief Financial Officer
officer (unspecified)
$727k
$774k
Base
$351k
Bonus
$220k
Other
$557
Benefits
$16k
Wealth Advisor
highest compensated employee
$700k
$745k
Base
$40k
Bonus
$638k
Other
Benefits
$5k
Evp/chief Lending Officer (thru 6/24)
key employee
$692k
$737k
Base
$228k
Bonus
$227k
Other
$183k
Benefits
$4k
Svp/auto, Insurance & Wealth (thru 10/31/24)
key employee
$618k
$658k
Base
$377k
Bonus
$61k
Other
$36k
Benefits
Svp/member Experience
key employee
$567k
$604k
Base
$319k
Bonus
$50k
Other
$18k
Benefits
$8k
Svp/payments
key employee
$538k
$573k
Base
$299k
Bonus
$64k
Other
$18k
Benefits
$9k
Former Svp/people (term 02/17/
former officer/director/trustee
$536k
$570k
Base
Bonus
Other
$529k
Benefits
$7k
Svp/consumer Lending & Len
key employee
$503k
$535k
Base
$280k
Bonus
$58k
Other
$36k
Benefits
Wealth Advisor
highest compensated employee
$486k
$518k
Base
$62k
Bonus
$398k
Other
Benefits
$8k
External Mortgage Loan Off
highest compensated employee
$456k
$486k
Base
$38k
Bonus
$403k
Other
$645
Benefits
$1k
Svp/enterprise Risk (thru 10/04/24)
key employee
$417k
$444k
Base
$252k
Bonus
$28k
Other
$76k
Benefits
$13k
Svp/auto, Insurance & Wealth
key employee
$393k
$418k
Base
$239k
Bonus
$125k
Other
Benefits
$12k
SVP of IT
senior vice president
$369k
$393k
Base
$282k
Bonus
$33k
Other
$30k
Benefits
$10k
External Mortgage Loan Off
key employee
$364k
$387k
Base
$34k
Bonus
$319k
Other
Benefits
$6k
SVP of Business Services
senior vice president
$353k
$376k
Base
$296k
Bonus
$32k
Other
Benefits
$12k
Evp/chief Info Officer (thru 03/24)
officer (unspecified)
$173k
$185k
Base
$132k
Bonus
$32k
Other
Benefits
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Down 27%
from 2023

From $3.2M in 2023 to $2.3M in 2024.

$3.2M
2023
$2.3M
2024
In today's dollarsEst.
Down 29% in real terms$3.5M to $2.5M

Estimated with BLS CPI-U for the West 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

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

RevenueExpenses
$423M
$297.3M
2023
$504M
$388.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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