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Filing year 2024

STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA

Canton, North Carolina·EIN 56-0172675·14
Total revenue
$32.6M
Total assets
$549.6M
Total expenses
$29.3M
Reported officers
17
Mission

State chartered credit union mutually owned by our 36,379 members to promote deposits, issue shares and maintain accounts, and make loans to our members. Funds not needed for liquidity or for loans are temporarily invested.

Executive compensation, broken down

Form 990 · Schedule J · 7 reported individuals · Filing year 2024

$536k
$568k
Base
$262k
Bonus
$217k
Other
$2k
Benefits
$54k
Base
$184k
Bonus
$50k
Other
$7k
Benefits
$53k
Director of Organizational Strategy
highest compensated employee
$175k
$186k
Base
$120k
Bonus
$19k
Other
$1k
Benefits
$35k
Director of HR
highest compensated employee
$174k
$184k
Base
$126k
Bonus
$21k
Other
$4k
Benefits
$24k
Director of Lending
highest compensated employee
$170k
$180k
Base
$112k
Bonus
$19k
Other
$2k
Benefits
$37k
Director of Member Experience
highest compensated employee
$159k
$169k
Base
$109k
Bonus
$19k
Other
$189
Benefits
$32k
Market Executive
highest compensated employee
$151k
$160k
Base
$112k
Bonus
$16k
Other
$2k
Benefits
$20k

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 10 unpaid individuals.

Up 11%
from 2023

From $484k in 2023 to $536k in 2024.

$484k
2023
$536k
2024
In today's dollarsEst.
Up 7% in real terms$529k to $568k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA reported revenue and expenses across 2 filing years.

RevenueExpenses
$28.9M
$23.6M
2023
$32.6M
$29.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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