CITIZENS EQUITY FIRST CREDIT UNION
PO BOX 1715, PEORIA, IL 616561715 www.cefcu.com

Total Revenue
$281,570,051
Total Expenses
$254,091,550
Net Assets
$584,620,565

Organizations Filed Purposes: PROVIDE QUALITY SERVICE AND PRODUCTS TO IMPROVE THE FINANCIAL WELL BEING OF MEMBERS.

PROVIDED LOW COST FINANCIAL SERVICES TO OVER 347,000 MEMBERS.INTRODUCED A NEW FLEET OF ATMS, OFFERING TOUCHSCREENS WITH A MODERN LOOK AND FEEL. REMODELED 8 MEMBER CENTERS.

CONTINUED TO PROVIDE A WIDE VARIETY OF SAVINGS PRODUCTS WITH LOW FEES AND COMPETITIVE RATES. ADDED OVER $269 MILLION OF SAVINGS DEPOSITS IN 2019. PAID DIVIDENDS TOTALING 35% OF REVENUES INCLUDING A $50 MILLION EXTRAORDINARY DIVIDEND DIVIDED BETWEEN BORROWERS AND SAVERS.

PROVIDED A FULL RANGE OF MORTGAGE, CONSUMER, AND BUSINESS LOANS TO MEMBERS AND MEMBER OWNED BUSINESSES. GRANTED OVER $1.2 BILLION IN CONSUMER LOANS, OVER $422 MILLION IN MORTGAGE LOANS, AND $135 MILLION TO MEMBER OWNED BUSINESSES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Mark A SpennyPRESIDENT-TREASURER50$808,864
Charles E WalkerCHIEF FINANCIAL OFFICER50$362,261
Kevin D SchneiderCHIEF LEGAL COUNSEL50$296,537
Matthew J MamerCHIEF OPERATIONS OFFICER50$284,203
Timothy I DuntonCHIEF TECHNOLOGY OFFICER50$277,652
Mark A HoffmireSENIOR VICE PRESIDENT50$258,147
Todd R HallerVICE PRESIDENT50$208,596
Theresa A LakeVICE PRESIDENT50$205,991
Alycia D HightowerVICE PRESIDENT50$191,524
Mary ConradyVICE PRESIDENT50$187,655
Matthew D JoliffBOARD VICE CHAIRMAN3$3,368
Sean D ScrantonBOARD VICE CHAIRMAN3$2,732
Erec D MontgomeryBOARD CHAIRMAN4$2,688
Robert M MetzingerBOARD MEMBER3$2,057
Thea M RobinsonBOARD MEMBER3$1,758
Angel G MartinezBOARD VICE CHAIRMAN3$1,496
Kavita SachdevBOARD MEMBER3$1,441
Joseph R NeedhamBOARD MEMBER3$1,325
Grant M SeshulBOARD MEMBER3$0
Reed A StuedemannBOARD MEMBER3$0
David M KoehlerBOARD MEMBER3$0
Todd W BryantBOARD MEMBER3$0
Todd G GwillimSECRETARY3$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202043179349301334_public.xml