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Employees Minnesota Power Employees Credit Union Terese Thorstad

Terese Thorstad

Officer

Vice President, Finance at Minnesota Power Employees Credit Union

Fiscal year ended December 31, 2022. Published on January 25, 2026.

$118,257
2022

Total compensation

Terese Thorstad has been listed as an employee of Minnesota Power Employees Credit Union in Form 990 filings since at least fiscal year 2016. Total compensation for Terese Thorstad has increased by 65.8% from 2016 to 2022.

Annual compensation details

$118,257
+3.7%
Vice President, Finance
2022
$108k
40 hrs/wk
$11k
--
$113,985
+3.9%
Vice President and Chief Financial Officer
2021
$104k
40 hrs/wk
$11k
--
$109,692
+10.8%
Vice President and Chief Financial Officer
2020
$101k
40 hrs/wk
$10k
--
$99,008
+4.5%
Vice President and Chief Financial Officer
2019
$90k
40 hrs/wk
$10k
--
$94,712
+2.1%
Vice President and Chief Financial Officer
2018
$87k
40 hrs/wk
$9k
--
$92,720
+30%
Chief Financial Officer
2017
$85k
40 hrs/wk
$9k
--
$71,311
Chief Financial Officer
2016
$66k
40 hrs/wk
$6k
--

Total compensation by year

Compare the compensation of Terese Thorstad to:

2022

Other employees at Minnesota Power Employees Credit Union

Debora Almirall
President and Chief Executive Officer
$211,918
$178,976 No related comp$32,942
Jason Olsen
Senior Vice President Business Lending
$108,405
$101,843 No related comp$6,562
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Revisions to this profile

January 25, 2026:
2022 Minnesota Power Employees Credit Union 990 published
January 25, 2026:
2021 Minnesota Power Employees Credit Union 990 published
January 24, 2026:
2020 Minnesota Power Employees Credit Union 990 published

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