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Filing year 2024

WASHINGTON STATE EMPLOYEES CREDIT UNION

Olympia, Washington·EIN 91-0683062·14
Total revenue
$336M
Total assets
$5.2B
Total expenses
$331.4M
Reported officers
22
Mission

TO PROVIDE SERVICES TO MEMBERS WHICH ARE MANDATED IN THE CREDIT UNION ACT TO CHARTERS AND TO PROVIDE A MEANS WHEREBY MEMBERS CAN PROVIDE EACH OTHER WITH NEEDED FINANCIAL SERVICES.

Executive compensation, broken down

Form 990 · Schedule J · 22 reported individuals · Filing year 2024

$2.4M
$2.6M
Base
$907k
Bonus
$307k
Other
$956k
Benefits
$7k
Chief Operating Officer
$714k
$761k
Base
$480k
Bonus
$156k
Other
Benefits
$796
Chief Financial Officer
$686k
$730k
Base
$459k
Bonus
$151k
Other
Benefits
$788
Chief Marketing & Analytics Officer
key employee
$505k
$538k
Base
$329k
Bonus
$111k
Other
Benefits
$712
Chief Lending Officer
key employee
$489k
$521k
Base
$366k
Bonus
$61k
Other
Benefits
$723
Chief Technology Officer
key employee
$465k
$495k
Base
$324k
Bonus
$81k
Other
Benefits
$800
Financial Advisor
highest compensated employee
$320k
$341k
Base
$288k
Bonus
$7k
Other
Benefits
$653
Chief Digital Officer
key employee
$319k
$339k
Base
$229k
Bonus
$43k
Other
Benefits
$581
VP People & Culture Services
vice president
$318k
$339k
Base
$250k
Bonus
$46k
Other
Benefits
$634
VP Public Relations
vice president
$304k
$324k
Base
$242k
Bonus
$41k
Other
Benefits
$518
VP Business Lending
vice president
$303k
$322k
Base
$238k
Bonus
$44k
Other
Benefits
$611
VP Information Security and Fraud
vice president
$298k
$317k
Base
$236k
Bonus
$41k
Other
Benefits
$546
Chief Administrative Officer
key employee
$288k
$307k
Base
$287k
Bonus
Other
Benefits
$819
Board Member
board member
$2k
$2k
Board Member
board member
$2k
$2k
Board Secretary
board secretary
$2k
$2k
Board Vice Chair
board chair
$2k
$2k
Board Member
board member
$2k
$2k
Board Member
board member
$1k
$1k
Board Member
board member
$1k
$1k
Board Chair
board chair
$736
$784
Board Member
board member
$707
$753

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.

Up 39%
from 2023

From $1.7M in 2023 to $2.4M in 2024.

$1.7M
2023
$2.4M
2024
In today's dollarsEst.
Up 36% in real terms$1.9M to $2.6M

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

WASHINGTON STATE EMPLOYEES CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$317.9M
$289.3M
2023
$336M
$331.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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