LEOMINSTER CREDIT UNION
20 ADAMS STREET, LEOMINSTER, MA 01453 www.leominstercu.com

Total Revenue
$30,838,004
Total Expenses
$28,667,683
Net Assets
$74,870,562

Organizations Filed Purposes: LEOMINSTER CREDIT UNION (LCU) IS A COMMUNITY-BASED FINANCIAL SERVICES PROVIDER. WE EXIST TO FULFILL OUR MEMBERS' FINANCIAL NEEDS THROUGH OUTSTANDING SERVICE AND EFFECTIVE TECHNOLOGY. AS A RESPONSIBLE CORPORATE CITIZEN, WE ARE COMMITTED TO ENRICHING THE COMMUNITIES IN WHICH WE LIVE AND WORK.

FULFILL OUR MEMBERS' FINANCIAL NEEDS THROUGH OUTSTANDING SERVICE AND EFFECTIVE TECHNOLOGY.

TO SERVE OUR MEMBERS, OUR HIGHEST EXPENSE IS INTEREST PAID ON CERTIFICATES OF DEPOSIT. AT YEAR-END, THE CREDIT UNION HAD 47,175 MEMBERS, AND INTEREST PAID ON CERTIFICATES OF DEPOSIT TOTALED $3,012,325

OUR SECOND HIGHEST EXPENSE IS INTEREST PAID ON INDIVIDUAL RETIREMENT ACCOUNTS FOR OUR MEMBERS. AT YEAR-END, THE CREDIT UNION HAD 47,175 MEMBERS, AND INTEREST PAID ON INDIVIDUAL RETIREMENT ACCOUNTS TOTALED $747,732

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
John O'BrienPRESIDENT/CEO (UNTIL 11/30/2020)40$450,331
Gary AbramsEVP/CFO (UNTIL 5/1/2020)40$287,382
Barbara MahoneySVP COO40$210,736
Craig MadoniaSVP LENDING40$176,623
Lisa PerrinFORMER HIGHLY COMPENSATED40$132,001
Audie FranksVP IT40$131,774
Kelli RooneySVP COMMUNITY ENGAGEMENT & MARKETING40$130,953
Diane FarnsworthMORTGAGE ORIGINATOR40$124,514
Oscar O'ConnorVP LENDING OPERATIONS40$121,890
Robert DellechiaieDIRECTOR1$0
Richard SheppardDIRECTOR1$0
Joyce LafleurDIRECTOR1$0
Henry KulikDIRECTOR1$0
Bruce BollivarDIRECTOR1$0
Anthony GasbarroDIRECTOR1$0
Amedeo BilottaDIRECTOR1$0
Joseph QuintalCLERK1$0
Joyce LegerVICE TREASURER1$0
Nancy GravesTREASURER1$0
Michael SauvageauVICE CHAIR2$0
Giulio GrecoCHAIR1$0
Joseph J NormantSVP/CFO (AS OF 2/18/2020)40$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202130689349301423_public.xml