Mission
A MEMBER OWNED COOPERATIVE PROVIDING FINANCIAL SERVICES, INCLUDING LOANS AND SHARE DEPOSITS TO ITS MEMBERS.
Executive compensation, broken down
Form 990 · Schedule J · 22 reported individuals · Filing year 2024
President/ceo
$2.4M
$2.6M
- Base
- $960k
- Bonus
- $384k
- Other
- $831k
- Benefits
- $24k
Evp/chief Operations Officer
officer (unspecified)
$493k
$524k
- Base
- $347k
- Bonus
- $80k
- Other
- $12k
- Benefits
- $18k
Evp/chief Strategy Officer
key employee
$432k
$459k
- Base
- $293k
- Bonus
- $67k
- Other
- $47k
- Benefits
- $14k
Svp/chief Retail Officer
key employee
$399k
$425k
- Base
- $286k
- Bonus
- $59k
- Other
- $22k
- Benefits
- $21k
Svp/chief Lending & Business Officer
key employee
$397k
$423k
- Base
- $276k
- Bonus
- $72k
- Other
- $13k
- Benefits
- $24k
Svp/chief Information Officer
key employee
$352k
$375k
- Base
- $250k
- Bonus
- $64k
- Other
- $8k
- Benefits
- $21k
Svp/chief Employee Engagement Officer
key employee
$339k
$361k
- Base
- $249k
- Bonus
- $63k
- Other
- $1k
- Benefits
- $15k
Svp/chief Growth Officer
highest compensated employee
$332k
$354k
- Base
- $239k
- Bonus
- $61k
- Other
- $6k
- Benefits
- $16k
Evp/chief Financial & Risk Officer
officer (unspecified)
$315k
$335k
- Base
- $225k
- Bonus
- $65k
- Other
- $8k
- Benefits
- $11k
VP Business Loan Officer
vice president
$268k
$285k
- Base
- $111k
- Bonus
- $135k
- Other
- $598
- Benefits
- $12k
Vp/business Lending
highest compensated employee
$254k
$271k
- Base
- $194k
- Bonus
- $30k
- Other
- $1k
- Benefits
- $19k
Vp/change Management & Enterprise Projects
highest compensated employee
$249k
$265k
- Base
- $190k
- Bonus
- $30k
- Other
- —
- Benefits
- $20k
VP Business Loan Officer
vice president
$244k
$260k
- Base
- $116k
- Bonus
- $113k
- Other
- $365
- Benefits
- $11k
Director
board member
$45k
$48k
Chair
board chair
$42k
$44k
Director
board member
$41k
$44k
Director
board member
$40k
$43k
Vice Chair
board vice chair
$40k
$43k
Director
board member
$40k
$43k
Director
board member
$39k
$42k
Director
board member
$35k
$37k
Secretary/treasurer
officer (unspecified)
$35k
$37k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo | $960k | $384k | $831k | $24k | $2.4M $2.6M |
Evp/chief Operations Officer officer (unspecified) | $347k | $80k | $12k | $18k | $493k $524k |
Evp/chief Strategy Officer key employee | $293k | $67k | $47k | $14k | $432k $459k |
Svp/chief Retail Officer key employee | $286k | $59k | $22k | $21k | $399k $425k |
Svp/chief Lending & Business Officer key employee | $276k | $72k | $13k | $24k | $397k $423k |
Svp/chief Information Officer key employee | $250k | $64k | $8k | $21k | $352k $375k |
Svp/chief Employee Engagement Officer key employee | $249k | $63k | $1k | $15k | $339k $361k |
Svp/chief Growth Officer highest compensated employee | $239k | $61k | $6k | $16k | $332k $354k |
Evp/chief Financial & Risk Officer officer (unspecified) | $225k | $65k | $8k | $11k | $315k $335k |
VP Business Loan Officer vice president | $111k | $135k | $598 | $12k | $268k $285k |
Vp/business Lending highest compensated employee | $194k | $30k | $1k | $19k | $254k $271k |
Vp/change Management & Enterprise Projects highest compensated employee | $190k | $30k | — | $20k | $249k $265k |
VP Business Loan Officer vice president | $116k | $113k | $365 | $11k | $244k $260k |
Director board member | — | — | — | — | $45k $48k |
Chair board chair | — | — | — | — | $42k $44k |
Director board member | — | — | — | — | $41k $44k |
Director board member | — | — | — | — | $40k $43k |
Vice Chair board vice chair | — | — | — | — | $40k $43k |
Director board member | — | — | — | — | $40k $43k |
Director board member | — | — | — | — | $39k $42k |
Director board member | — | — | — | — | $35k $37k |
Secretary/treasurer officer (unspecified) | — | — | — | — | $35k $37k |
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.
Down 40%
from 2023
From $4M in 2023 to $2.4M in 2024.
$4M
2023
$2.4M
2024
$4M
2023
$2.4M
2024
In today's dollarsEst.
Down 42% in real terms$4.4M to $2.6M
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
SOUND CREDIT UNION reported revenue and expenses across 2 filing years.
RevenueExpenses
$151.5M
$130.4M
2023
$178.2M
$163.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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