WE ARE OUR MEMBERS' TRUSTED, SECURED FINANCIAL COOPERATIVE DEDICATED TO PROVIDING EXCEPTIONAL VALUE, PERSONALIZED SERVICE, AND CONVENIENCE.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $573k
- Bonus
- $75k
- Other
- $215k
- Benefits
- $14k
- Base
- $320k
- Bonus
- $33k
- Other
- —
- Benefits
- $23k
- Base
- $193k
- Bonus
- $18k
- Other
- —
- Benefits
- $23k
- Base
- $188k
- Bonus
- $19k
- Other
- —
- Benefits
- $23k
- Base
- $168k
- Bonus
- $12k
- Other
- —
- Benefits
- $23k
- Base
- $159k
- Bonus
- $17k
- Other
- —
- Benefits
- $23k
- Base
- $139k
- Bonus
- $10k
- Other
- —
- Benefits
- $23k
- Base
- $143k
- Bonus
- $10k
- Other
- —
- Benefits
- $18k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President and CEO Thru 7/30/24 Above 90th percentile | $573k | $75k | $215k | $14k | $911k $961k |
President and CEO As of 7/31/24 Above 90th percentile | $320k | $33k | — | $23k | $409k $432k |
Senior Vp/cfo Officer (Unspecified) | $193k | $18k | — | $23k | $255k $269k |
VP of IT Board Vice President 75th to 90th percentile | $188k | $19k | — | $23k | $251k $265k |
VP of Lending/loss Prevent Board Vice President 75th to 90th percentile | $168k | $12k | — | $23k | $222k $234k |
VP HR Board Vice President 75th to 90th percentile | $159k | $17k | — | $23k | $215k $227k |
VP of Operations Board Vice President Median to 75th percentile | $139k | $10k | — | $23k | $187k $197k |
VP Sales & Service Board Vice President Median to 75th percentile | $143k | $10k | — | $18k | $187k $197k |
Chairman Board Chair 10th to 25th percentile | — | — | — | — | $2k $2k |
Treasurer Officer (Unspecified) | — | — | — | — | $1k $1k |
2nd Vice Chairman Board Chair Below 10th percentile | — | — | — | — | $788 $832 |
Secretary Officer (Unspecified) | — | — | — | — | $381 $402 |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 2 unpaid individuals.
Up 103%
from 2023
From $448k in 2023 to $911k in 2024.
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 103% from 2023 to 2024, while revenue rose 14%.
- Board Vice President pay rose 42% 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
SECURITY CREDIT UNION reported revenue and expenses across 2 filing years.
Common questions about SECURITY CREDIT UNION
What does the Chief Executive Officer of SECURITY CREDIT UNION earn?
In 2024, the Chief Executive Officer of SECURITY CREDIT UNION received $910,772 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 SECURITY 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 SECURITY CREDIT UNION falls in the top 10%.
What are SECURITY CREDIT UNION's revenue and expenses?
In 2024, SECURITY CREDIT UNION reported $40.2M in total revenue and $36.9M in total expenses on its IRS Form 990.
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