Mission
NEW MEXICO STATE-CHARTERED CREDIT UNION PROVIDING FINANCIAL SERVICES TO ITS MEMBERS AS PROVIDED BY THE NEW MEXICO CREDIT UNION ACT.
Executive compensation, broken down
Form 990 · Schedule J · 12 reported individuals · Filing year 2023
President/ceo
$594k
$650k
- Base
- $490k
- Bonus
- $74k
- Other
- $12k
- Benefits
- $18k
EVP Chief Operations Officer
$323k
$353k
- Base
- $262k
- Bonus
- $32k
- Other
- —
- Benefits
- $22k
EVP Chief Information Officer
$307k
$336k
- Base
- $260k
- Bonus
- $16k
- Other
- —
- Benefits
- $22k
Chief People Officer
key employee
$263k
$288k
- Base
- $212k
- Bonus
- $14k
- Other
- —
- Benefits
- $30k
VP Commerical Lending
vice president
$247k
$271k
- Base
- $104k
- Bonus
- $62k
- Other
- $40k
- Benefits
- $27k
Chief Lending Officer
key employee
$240k
$262k
- Base
- $192k
- Bonus
- $10k
- Other
- —
- Benefits
- $2k
SVP Retail Engagement
senior vice president
$196k
$214k
- Base
- $138k
- Bonus
- $10k
- Other
- —
- Benefits
- $28k
SVP Marketing & Community
senior vice president
$184k
$201k
- Base
- $127k
- Bonus
- $11k
- Other
- —
- Benefits
- $27k
VP Commerical Lending
vice president
$163k
$179k
- Base
- $113k
- Bonus
- $19k
- Other
- —
- Benefits
- $27k
Avp/real Estate Loan Manager
highest compensated employee
$159k
$174k
- Base
- $122k
- Bonus
- $6k
- Other
- —
- Benefits
- $12k
EVP Chief Financial Off (thru 06/23)
executive vice president
$111k
$121k
Chief Financial Officer
$33k
$37k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo | $490k | $74k | $12k | $18k | $594k $650k |
EVP Chief Operations Officer | $262k | $32k | — | $22k | $323k $353k |
EVP Chief Information Officer | $260k | $16k | — | $22k | $307k $336k |
Chief People Officer key employee | $212k | $14k | — | $30k | $263k $288k |
VP Commerical Lending vice president | $104k | $62k | $40k | $27k | $247k $271k |
Chief Lending Officer key employee | $192k | $10k | — | $2k | $240k $262k |
SVP Retail Engagement senior vice president | $138k | $10k | — | $28k | $196k $214k |
SVP Marketing & Community senior vice president | $127k | $11k | — | $27k | $184k $201k |
VP Commerical Lending vice president | $113k | $19k | — | $27k | $163k $179k |
Avp/real Estate Loan Manager highest compensated employee | $122k | $6k | — | $12k | $159k $174k |
EVP Chief Financial Off (thru 06/23) executive vice president | — | — | — | — | $111k $121k |
Chief Financial Officer | — | — | — | — | $33k $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.
Plus 7 unpaid individuals.
Up 6%
from 2022
From $562k in 2022 to $594k in 2023.
$562k
2022
$594k
2023
$562k
2022
$594k
2023
In today's dollarsEst.
Up 1% in real terms$641k to $650k
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
STATE EMPLOYEES CREDIT UNION reported revenue and expenses across 2 filing years.
RevenueExpenses
$48.3M
$33.1M
2022
$58.4M
$48M
2023
Total revenue and total expenses from IRS Form 990 filings.
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