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 · Schedule J · 19 reported individuals · Filing year 2023
| Base salary | Bonus | Other compensation | Benefits | Executive compensation | |
|---|---|---|---|---|---|
Chief Information Officer chief information officer $531k | |||||
Executive Vice President executive vice president $517k | |||||
Chief Human Resources Officer key employee $408k | |||||
Vice President, Retail Delivery vice president $354k | |||||
Vice President, Lending vice president $346k | |||||
Vice President, Business Banking vice president $331k | |||||
Chief Marketing Officer key employee $329k | |||||
Business Banking Senior Loan Officer/Manager highest compensated employee $321k | |||||
Director, Business Intelligence highest compensated employee $270k | |||||
Director, Information Security highest compensated employee $255k | |||||
Director, IT Infrastructure chief information officer $254k | |||||
Vice President, Risk Management vice president $238k | |||||
Business Banking Loan Officer III highest compensated employee $236k | |||||
Director board member $3k | |||||
Secretary officer (unspecified) $2k | |||||
Director board member $1k | |||||
Director board member $1k | |||||
Plus 7 unpaid individuals.
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