Mission
A COOPERATIVE, NONPROFIT CORPORATION, INCORPORATED UNDER WISCONSIN STATE LAW TO ENCOURAGE THRIFT AMONG ITS MEMBERS, CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE COST, AND PROVIDE AN OPPORTUNITY FOR ITS MEMBERS TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS.
Executive compensation, broken down
Form 990 · Schedule J · 26 reported individuals · Filing year 2024
Ceo/president
$2.8M
$3.1M
- Base
- $1.7M
- Bonus
- $966k
- Other
- $60k
- Benefits
- $2k
$1.1M
$1.2M
- Base
- $359k
- Bonus
- $162k
- Other
- $542k
- Benefits
- $24k
$793k
$853k
- Base
- $372k
- Bonus
- $100k
- Other
- $5k
- Benefits
- $23k
CIO
chief information officer
$761k
$819k
- Base
- $391k
- Bonus
- $139k
- Other
- $48k
- Benefits
- $24k
SVP - Sales & Lending Ops
senior vice president
$577k
$621k
- Base
- $315k
- Bonus
- $82k
- Other
- $7k
- Benefits
- $21k
CMO
key employee
$525k
$564k
- Base
- $257k
- Bonus
- $67k
- Other
- $4k
- Benefits
- $19k
Chief Commercial Bus Serv Officer
key employee
$478k
$514k
- Base
- $312k
- Bonus
- $80k
- Other
- $5k
- Benefits
- $21k
SVP - Business Tech Solutions
senior vice president
$477k
$513k
- Base
- $212k
- Bonus
- $58k
- Other
- $4k
- Benefits
- $18k
VP of Sales - Business Services
vice president
$435k
$468k
- Base
- $228k
- Bonus
- $126k
- Other
- $4k
- Benefits
- $22k
SVP - HR & OD
senior vice president
$357k
$384k
- Base
- $255k
- Bonus
- $29k
- Other
- $3k
- Benefits
- $25k
VP - Blo Market Manager - Business Services
vice president
$324k
$348k
- Base
- $181k
- Bonus
- $99k
- Other
- $1k
- Benefits
- $21k
VP - Blo Market Manager - Business Services
vice president
$305k
$328k
- Base
- $161k
- Bonus
- $102k
- Other
- $636
- Benefits
- $21k
VP - Blo Market Manager - Business Services
vice president
$295k
$317k
- Base
- $162k
- Bonus
- $93k
- Other
- $1k
- Benefits
- $21k
VP - Digital Technology
vice president
$274k
$295k
- Base
- $214k
- Bonus
- $510
- Other
- $25k
- Benefits
- $9k
VP - Risk Management
vice president
$244k
$262k
- Base
- $177k
- Bonus
- $19k
- Other
- $5k
- Benefits
- $23k
Chair
board chair
$22k
$23k
Director (past Chair)
board chair
$21k
$22k
Director
board member
$18k
$19k
Director
board member
$18k
$19k
Director
board member
$18k
$19k
Director
board member
$18k
$19k
Vice Chair
board vice chair
$18k
$19k
Treasurer
officer (unspecified)
$18k
$19k
Secretary
officer (unspecified)
$18k
$19k
Director (treasurer Elect)
board member
$18k
$19k
Director
board member
$18k
$19k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Ceo/president | $1.7M | $966k | $60k | $2k | $2.8M $3.1M |
COO | $359k | $162k | $542k | $24k | $1.1M $1.2M |
CFO | $372k | $100k | $5k | $23k | $793k $853k |
CIO chief information officer | $391k | $139k | $48k | $24k | $761k $819k |
SVP - Sales & Lending Ops senior vice president | $315k | $82k | $7k | $21k | $577k $621k |
CMO key employee | $257k | $67k | $4k | $19k | $525k $564k |
Chief Commercial Bus Serv Officer key employee | $312k | $80k | $5k | $21k | $478k $514k |
SVP - Business Tech Solutions senior vice president | $212k | $58k | $4k | $18k | $477k $513k |
VP of Sales - Business Services vice president | $228k | $126k | $4k | $22k | $435k $468k |
SVP - HR & OD senior vice president | $255k | $29k | $3k | $25k | $357k $384k |
VP - Blo Market Manager - Business Services vice president | $181k | $99k | $1k | $21k | $324k $348k |
VP - Blo Market Manager - Business Services vice president | $161k | $102k | $636 | $21k | $305k $328k |
VP - Blo Market Manager - Business Services vice president | $162k | $93k | $1k | $21k | $295k $317k |
VP - Digital Technology vice president | $214k | $510 | $25k | $9k | $274k $295k |
VP - Risk Management vice president | $177k | $19k | $5k | $23k | $244k $262k |
Chair board chair | — | — | — | — | $22k $23k |
Director (past Chair) board chair | — | — | — | — | $21k $22k |
Director board member | — | — | — | — | $18k $19k |
Director board member | — | — | — | — | $18k $19k |
Director board member | — | — | — | — | $18k $19k |
Director board member | — | — | — | — | $18k $19k |
Vice Chair board vice chair | — | — | — | — | $18k $19k |
Treasurer officer (unspecified) | — | — | — | — | $18k $19k |
Secretary officer (unspecified) | — | — | — | — | $18k $19k |
Director (treasurer Elect) board member | — | — | — | — | $18k $19k |
Director board member | — | — | — | — | $18k $19k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Up 16%
from 2023
From $2.4M in 2023 to $2.8M in 2024.
$2.4M
2023
$2.8M
2024
$2.4M
2023
$2.8M
2024
In today's dollarsEst.
Up 13% in real terms$2.7M to $3.1M
Estimated with BLS CPI-U for the Midwest 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
SUMMIT CREDIT UNION reported revenue and expenses across 2 filing years.
RevenueExpenses
$344.6M
$293.4M
2023
$453.9M
$395.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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