Organizations Filed Purposes:
AS A FINANCIAL COOPERATIVE OWNED BY OUR MEMBERS, OUR MISSION IS TO IMPROVE THE ECONOMIC LIFE AND SOCIAL CONDITION OF MEMBERS, TO ENCOURAGE THRIFT, TO PROVIDE A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST AND TO BROADEN THE ECONOMIC AWARENESS OF MEMBERS THROUGH PROGRAMS OF CONSUMER PROTECTION.
IMPROVE ECONOMIC LIFE, SOCIAL CONDITION, PROVIDE CREDIT & BROADEN ECONOMIC AWARENESS.
THE STATE EMPLOYEES' CREDIT UNION IS OWNED BY OUR 2.4 MILLION MEMBERS. SECU PROVIDES SERVICES TO OUR MEMBERS THROUGH 267 BRANCH OFFICES, OVER 1,000 ATMS, 24/7 CONTACT CENTERS, AND A WEBSITE - WWW.NCSECU.ORG. AS A CREDIT UNION, MEMBERS DEPOSIT FUNDS INTO SHARE ACCOUNTS, WHICH ARE THEN LOANED TO OTHER MEMBERS. THE CREDIT UNION OFFERS SHARE ACCOUNTS OF VARIOUS TYPES - MEMBERSHIP SHARES, SHARE DRAFTS, MONEY MARKET SHARES, IRA SHARES, AND SHARE TERM CERTIFICATES. LOANS TO MEMBERS CONSIST OF MORTGAGE, HOME EQUITY, AUTO, AND OTHER CONSUMER LOANS. AT JUNE 30, 2019, THERE WERE 845,000 PERSONAL LOANS AND 181,000 FIRST AND SECOND MORTGAGE LOANS OUTSTANDING. THE CREDIT UNION RECEIVED $1,684,967,336 IN REVENUES FROM INTEREST ON LOANS, INTEREST ON INVESTMENTS, AND OTHER NON-INTEREST SOURCES DURING THE YEAR ENDED JUNE 30, 2019. THE COST OF PROVIDING SERVICES TO CREDIT UNION MEMBERS WAS $1,441,021,781 FOR THE YEAR. THE COST OF SERVICES CONSISTS OF INTEREST PAID ON SHARE ACCOUNTS, SALARIES, BUILDING EXPENSES, EQUIPMENT EXPENSES, AND OTHER OPERATIONAL EXPENSES.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Michael J Lord | PRESIDENT | 40 | $711,360 |
| Rex Spivey | CHIEF FINANCIAL OFFICER | 40 | $440,016 |
| Chris Ayer | CHIEF INFORMATION OFFICER | 40 | $406,284 |
| Sue A Douglas | CHIEF OPERATIONS OFFICER | 40 | $399,393 |
| Jerry Harmon | CHIEF LENDING OFFICER | 40 | $389,607 |
| Wallace W Umphlett | EVP - FINANCIAL ADVISORY S | 40 | $351,133 |
| Randy Partin | CHIEF AUDIT OFFICER | 40 | $327,808 |
| Leigh Brady | EVP - ORGANIZATION DEVELOP | 40 | $325,696 |
| Steven Herrell | CHIEF RISK OFFICER | 40 | $306,583 |
| Jennifer Hamrick | EVP-ORGANIZATIONAL SUPPORT | 40 | $300,779 |
| Sara Trexler | CHIEF LEGAL OFFICER | 40 | $293,899 |
| Jamie Applequist | CHIEF ADMINISTRATION OFFICER | 40 | $288,591 |
| Edward T Hoffman Jr | EVP-PROPERTY MANAGEMENT | 40 | $275,824 |
| William Deans | SVP - INFRASTRUCTURE SERVI | 40 | $238,519 |
| Richard Rhoads | SVP-ELECTRONIC SERVICES | 40 | $237,869 |
| Cathleen Plaut | SVP - DEPUTY GENERAL COUNSEL | 40 | $230,438 |
| Russell Parrish | SVP-DISTRICT | 40 | $213,928 |
| Joseph Banks | SVP-DISTRICT | 40 | $212,118 |
| Warren Peacock | EVP - BRANCH OPERATIONS | 40 | $207,453 |
| Joanne Sanford | CHAIRMAN | 5 | $839 |
| Jim Johnson | DIRECTOR | 5 | $670 |
| Mckinley Wooten | DIRECTOR | 5 | $0 |
| Stelfanie Williams | DIRECTOR | 5 | $0 |
| Mona Moon | DIRECTOR | 5 | $0 |
| Jennifer Haygood | DIRECTOR | 5 | $0 |
| Alice Garland | DIRECTOR | 5 | $0 |
| Mark Fleming | DIRECTOR | 5 | $0 |
| Karan Bunn | DIRECTOR | 5 | $0 |
| Shirley Bell | DIRECTOR | 5 | $0 |
| Chris Ayers | SECRETARY/TREASURER | 5 | $0 |
| Bob Brinson | VICE CHAIRMAN | 5 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202001679349300920_public.xml