WHATCOM EDUCATIONAL CREDIT UNION (WECU) IS A NOT-FOR-PROFIT FINANCIAL COOPERATIVE WHERE MEMBERS ARE ENCOURAGED TO SAVE AND BORROW RESPONSIBLY AT FAIR AND COMPETITIVE RATES, IMPROVING THEIR FINANCIAL WELL-BEING AND STANDARD OF LIVING. THIS STATE-CHARTERED CREDIT UNION IS A MEMBER OF THE NATIONAL CREDIT UNION ADMINISTRATION SHARE INSURANCE FUND, AND IS REGULATED BY THE NATIONAL CREDIT UNION ASSOCIATION, AND THE STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS - DIVISION OF CREDIT UNIONS. WECU'S MAIN PRODUCTS ARE CONSUMER LOANS, REAL ESTATE LOANS AND COMMERCIAL LOANS TO MEMBERS, WHICH ARE PRIMARILY FUNDED BY DEPOSITS FROM MEMBERS. FINANCIAL EDUCATION AND COMMUNITY SERVICE ARE ALSO AN INTEGRAL PART OF WECU'S OPERATIONS AND SPIRIT OF SERVICE.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 25 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.
- Base
- $656k
- Bonus
- $179k
- Other
- $50k
- Benefits
- $28k
- Base
- $367k
- Bonus
- $71k
- Other
- $15k
- Benefits
- $29k
- Base
- $367k
- Bonus
- $71k
- Other
- $14k
- Benefits
- $29k
- Base
- $314k
- Bonus
- $60k
- Other
- $10k
- Benefits
- $29k
- Base
- $275k
- Bonus
- $54k
- Other
- $4k
- Benefits
- $29k
- Base
- $238k
- Bonus
- $46k
- Other
- $10k
- Benefits
- $29k
- Base
- $240k
- Bonus
- $48k
- Other
- $6k
- Benefits
- $29k
- Base
- $186k
- Bonus
- $95k
- Other
- $732
- Benefits
- $29k
- Base
- $226k
- Bonus
- $43k
- Other
- $9k
- Benefits
- $11k
- Base
- $240k
- Bonus
- $48k
- Other
- $2k
- Benefits
- $29k
- Base
- $185k
- Bonus
- $37k
- Other
- $1k
- Benefits
- $29k
- Base
- $189k
- Bonus
- $18k
- Other
- $1k
- Benefits
- $29k
- Base
- $182k
- Bonus
- $17k
- Other
- $1k
- Benefits
- $11k
- Base
- $32k
- Bonus
- $163k
- Other
- $771
- Benefits
- $27k
- Base
- $182k
- Bonus
- $17k
- Other
- $1k
- Benefits
- $29k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO Above 90th percentile | $656k | $179k | $50k | $28k | $966k $1M |
Chief Information Officer Above 90th percentile | $367k | $71k | $15k | $29k | $523k $557k |
Executive Vice President 75th to 90th percentile | $367k | $71k | $14k | $29k | $521k $555k |
Chief Financial Officer Above 90th percentile | $314k | $60k | $10k | $29k | $440k $469k |
Chief Human Resources Officer Key Employee Above 90th percentile | $275k | $54k | $4k | $29k | $392k $417k |
Vice President, Retail Delivery Board Vice President 75th to 90th percentile | $238k | $46k | $10k | $29k | $340k $362k |
Vice President, Lending Board Vice President 75th to 90th percentile | $240k | $48k | $6k | $29k | $325k $346k |
Business Banking Senior Loan Officer Highest Compensated Employee 75th to 90th percentile | $186k | $95k | $732 | $29k | $325k $346k |
Chief Marketing Officer Key Employee 75th to 90th percentile | $226k | $43k | $9k | $11k | $319k $340k |
Vice President, Business Banking Board Vice President 75th to 90th percentile | $240k | $48k | $2k | $29k | $318k $339k |
Vice President, Internal Audit Board Vice President Median to 75th percentile | $185k | $37k | $1k | $29k | $256k $272k |
Director, Information Security Highest Compensated Employee 75th to 90th percentile | $189k | $18k | $1k | $29k | $251k $267k |
Director, IT Infrastructure Chief Information Officer Median to 75th percentile | $182k | $17k | $1k | $11k | $241k $257k |
Re Loan Origination Officer Highest Compensated Employee 75th to 90th percentile | $32k | $163k | $771 | $27k | $241k $257k |
Director, Digital Products Highest Compensated Employee Median to 75th percentile | $182k | $17k | $1k | $29k | $229k $244k |
Chair Board Chair Median to 75th percentile | — | — | — | — | $37k $39k |
Vice Chair Board Vice Chair Median to 75th percentilevs all sectors nationwide | — | — | — | — | $32k $34k |
Director Board Member Median to 75th percentile | — | — | — | — | $30k $32k |
Secretary Officer (Unspecified) | — | — | — | — | $29k $31k |
Director Board Member Median to 75th percentile | — | — | — | — | $28k $30k |
Director Board Member Median to 75th percentile | — | — | — | — | $25k $27k |
Director Board Member Median to 75th percentile | — | — | — | — | $25k $27k |
Director Board Member Median to 75th percentile | — | — | — | — | $25k $27k |
Director Board Member Median to 75th percentile | — | — | — | — | $19k $20k |
Director (thru 6/30/24) Board Member 25th percentile to median | — | — | — | — | $12k $13k |
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.
Top pay as a share of expenses
In 2024, the highest total compensation at WHATCOM EDUCATIONAL CREDIT UNION equaled 0.6% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 2%
from 2023
From $945k in 2023 to $966k in 2024.
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.
Chief Executive Officer pay rose 2% from 2023 to 2024, while revenue rose 21%.
- Chief Information Officer pay fell 1% from 2023 to 2024.
- Executive Vice President pay rose 1% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about WHATCOM EDUCATIONAL CREDIT UNION
What does the Chief Executive Officer of WHATCOM EDUCATIONAL CREDIT UNION earn?
In 2024, the Chief Executive Officer of WHATCOM EDUCATIONAL CREDIT UNION received $966,326 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Public & Societal Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at WHATCOM EDUCATIONAL CREDIT UNION compare with similar nonprofits?
Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at WHATCOM EDUCATIONAL CREDIT UNION falls in the top 10%. In 2024, the highest total compensation at WHATCOM EDUCATIONAL CREDIT UNION equaled 0.6% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
What are WHATCOM EDUCATIONAL CREDIT UNION's revenue and expenses?
In 2024, WHATCOM EDUCATIONAL CREDIT UNION reported $166.5M in total revenue and $154.3M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
Nonprofit CFO Salary
What nonprofit CFOs earn, what drives the number, and how to use public compensation data in a job search or negotiation.
Read moreNonprofit Executive Director Salary
What nonprofit executive directors earn, what drives the number, and how to use public compensation data whether you are a candidate, a current ED, or a board member.
Read moreHow to Look Up Nonprofit Salaries
Two approaches to finding executive compensation at any tax-exempt organization, from raw IRS filings to searchable databases.
Read more