Mission
PROVIDE FINANCIAL PRODUCTS AND PERSONALIZED SERVICES THAT WILL ASSIST OUR MEMBERS IN ACHIEVING THEIR FINANCIAL GOALS.
Executive compensation, broken down
Form 990 · Schedule J · 8 reported individuals · Filing year 2024
President/ceo
$318k
$343k
- Base
- $270k
- Bonus
- —
- Other
- —
- Benefits
- $27k
Cfo/treasurer
$218k
$235k
- Base
- $199k
- Bonus
- —
- Other
- —
- Benefits
- $4k
VP of Commercial Loans
vice president
$148k
$159k
SVP of Retail Operations
senior vice president
$145k
$157k
VP of Consumer Lending
vice president
$141k
$153k
SVP of Administration
senior vice president
$140k
$151k
Chairperson of the Board
board chair
$11k
$12k
Director (resigned 11/2024)
board member
$1k
$1k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo | $270k | — | — | $27k | $318k $343k |
Cfo/treasurer | $199k | — | — | $4k | $218k $235k |
VP of Commercial Loans vice president | — | — | — | — | $148k $159k |
SVP of Retail Operations senior vice president | — | — | — | — | $145k $157k |
VP of Consumer Lending vice president | — | — | — | — | $141k $153k |
SVP of Administration senior vice president | — | — | — | — | $140k $151k |
Chairperson of the Board board chair | — | — | — | — | $11k $12k |
Director (resigned 11/2024) board member | — | — | — | — | $1k $1k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 10 unpaid individuals.
Up 15%
from 2023
From $276k in 2023 to $318k in 2024.
$276k
2023
$318k
2024
$276k
2023
$318k
2024
In today's dollarsEst.
Up 11% in real terms$309k to $343k
Estimated with BLS CPI-U for the Northeast 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
Southbridge Credit Union reported revenue and expenses across 2 filing years.
RevenueExpenses
$10.6M
$10.3M
2023
$11.9M
$11.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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