SECU'S MAIN PURPOSE IS TO PROMOTE THRIFT AMONG AND TO CREATE A SOURCE OF CREDIT FOR ITS MEMBERS. SECU DOES SO BY PROVIDING MARYLANDERS WITH PRODUCTS, SERVICES, AND STATE OF THE ART TECHNOLOGY DESIGNED TO MEET ITS MEMBERS' FINANCIAL NEEDS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 35 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $813k
- Bonus
- $299k
- Other
- $7k
- Benefits
- $42k
- Base
- $408k
- Bonus
- $137k
- Other
- $15k
- Benefits
- $43k
- Base
- $427k
- Bonus
- $200k
- Other
- $10k
- Benefits
- $34k
- Base
- $398k
- Bonus
- $197k
- Other
- $13k
- Benefits
- $17k
- Base
- $324k
- Bonus
- $97k
- Other
- $14k
- Benefits
- $49k
- Base
- $259k
- Bonus
- $97k
- Other
- $43k
- Benefits
- $35k
- Base
- $313k
- Bonus
- $103k
- Other
- $9k
- Benefits
- $39k
- Base
- $195k
- Bonus
- $102k
- Other
- $132k
- Benefits
- $5k
- Base
- $254k
- Bonus
- $180k
- Other
- $3k
- Benefits
- $40k
- Base
- $277k
- Bonus
- $83k
- Other
- $10k
- Benefits
- $42k
- Base
- $217k
- Bonus
- $158k
- Other
- $6k
- Benefits
- $40k
- Base
- $276k
- Bonus
- $70k
- Other
- $7k
- Benefits
- $37k
- Base
- $285k
- Bonus
- $88k
- Other
- $2k
- Benefits
- $7k
- Base
- $156k
- Bonus
- $156k
- Other
- $5k
- Benefits
- $38k
- Base
- $238k
- Bonus
- $63k
- Other
- $3k
- Benefits
- $34k
- Base
- $238k
- Bonus
- $62k
- Other
- $1k
- Benefits
- $41k
- Base
- $224k
- Bonus
- $67k
- Other
- $2k
- Benefits
- $27k
- Base
- $222k
- Bonus
- $65k
- Other
- $1k
- Benefits
- $15k
- Base
- $211k
- Bonus
- $54k
- Other
- $2k
- Benefits
- $32k
- Base
- $263k
- Bonus
- $750
- Other
- $8k
- Benefits
- $34k
- Base
- $100k
- Bonus
- $188k
- Other
- $441
- Benefits
- $1k
- Base
- $183k
- Bonus
- $74k
- Other
- $386
- Benefits
- $35k
- Base
- $198k
- Bonus
- $51k
- Other
- $908
- Benefits
- $37k
- Base
- $189k
- Bonus
- $48k
- Other
- $1k
- Benefits
- $38k
- Base
- $181k
- Bonus
- $49k
- Other
- $787
- Benefits
- $38k
- Base
- $29k
- Bonus
- $218k
- Other
- $5k
- Benefits
- $8k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Ceo/president Above 90th percentile | $813k | $299k | $7k | $42k | $1.7M $1.8M |
Cfo/evp Officer (Unspecified) | $408k | $137k | $15k | $43k | $903k $992k |
Chief Revenue Officer/evp Officer (Unspecified) | $427k | $200k | $10k | $34k | $851k $935k |
Chief Administrative Officer/evp Officer (Unspecified) | $398k | $197k | $13k | $17k | $796k $874k |
Chief Dei & HR Officer/svp Officer (Unspecified) | $324k | $97k | $14k | $49k | $626k $688k |
Chief Governance Officer & Gc/svp Officer (Unspecified) | $259k | $97k | $43k | $35k | $574k $631k |
Chief Lending Officer/svp Officer (Unspecified) | $313k | $103k | $9k | $39k | $548k $602k |
Chief Bd Officer/svp Thru 7/23 Officer (Unspecified) | $195k | $102k | $132k | $5k | $514k $565k |
Vp, Mortgage Prog & Strat Lending Board Vice President Above 90th percentile | $254k | $180k | $3k | $40k | $503k $553k |
Chief S&e Officer/svp Officer (Unspecified) | $277k | $83k | $10k | $42k | $489k $538k |
Managing Director, Mortgage Lending Key Employee Above 90th percentile | $217k | $158k | $6k | $40k | $438k $482k |
Managing Director, Wealth Management Key Employee Above 90th percentile | $276k | $70k | $7k | $37k | $415k $456k |
Svp, Finance/controller Senior Vice President 75th to 90th percentile | $285k | $88k | $2k | $7k | $406k $446k |
Managing Director, Business Services Key Employee 75th to 90th percentile | $156k | $156k | $5k | $38k | $380k $418k |
Vp, Commercial Lending Board Vice President Above 90th percentile | $238k | $63k | $3k | $34k | $364k $400k |
Vp, People Board Vice President Above 90th percentile | $238k | $62k | $1k | $41k | $360k $396k |
Vp, Operations Board Vice President Above 90th percentile | $224k | $67k | $2k | $27k | $342k $376k |
Svp, Marketing Senior Vice President Median to 75th percentile | $222k | $65k | $1k | $15k | $322k $354k |
Vp, Organizational Development Board Vice President 75th to 90th percentile | $211k | $54k | $2k | $32k | $322k $354k |
Chief Deposit Officer/svp Officer (Unspecified) | $263k | $750 | $8k | $34k | $313k $344k |
Financial Advisor Highest Compensated Employee 75th to 90th percentile | $100k | $188k | $441 | $1k | $311k $342k |
Managing Director/eop Highest Compensated Employee 75th to 90th percentile | $183k | $74k | $386 | $35k | $309k $340k |
Vp, Channel Optimization Board Vice President 75th to 90th percentile | $198k | $51k | $908 | $37k | $300k $330k |
Vp, Pmo Board Vice President 75th to 90th percentile | $189k | $48k | $1k | $38k | $295k $325k |
Vp, Digital Board Vice President 75th to 90th percentile | $181k | $49k | $787 | $38k | $286k $315k |
Mortgage Loan Officer Highest Compensated Employee 75th to 90th percentile | $29k | $218k | $5k | $8k | $277k $305k |
Vice Chair/director Officer (Unspecified) | — | — | — | — | $45k $49k |
Chair/director Officer (Unspecified) | — | — | — | — | $41k $45k |
Secretary/director Officer (Unspecified) | — | — | — | — | $32k $35k |
Treasurer/director Officer (Unspecified) | — | — | — | — | $31k $34k |
Director Board Member Median to 75th percentile | — | — | — | — | $27k $30k |
Director Board Member Median to 75th percentile | — | — | — | — | $26k $29k |
Director Board Member Median to 75th percentile | — | — | — | — | $26k $28k |
Director Board Member Median to 75th percentile | — | — | — | — | $25k $28k |
Director Board Member Median to 75th percentile | — | — | — | — | $20k $22k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Common questions about STATE EMPLOYEES CREDIT UNION OF MARYLAND INC
What does the Chief Executive Officer of STATE EMPLOYEES CREDIT UNION OF MARYLAND INC earn?
In 2023, the Chief Executive Officer of STATE EMPLOYEES CREDIT UNION OF MARYLAND INC received $1,675,673 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 STATE EMPLOYEES CREDIT UNION OF MARYLAND INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at STATE EMPLOYEES CREDIT UNION OF MARYLAND INC falls in the top 10%.
What are STATE EMPLOYEES CREDIT UNION OF MARYLAND INC's revenue and expenses?
In 2023, STATE EMPLOYEES CREDIT UNION OF MARYLAND INC reported $285.5M in total revenue and $232.6M in total expenses on its IRS Form 990.
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