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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Alabama Credit Union

Alabama Credit Union

Fiscal year ending 2021. Filed on November 14, 2022.

PO Box 862998
Tuscaloosa, Alabama 35486

Alabama Credit Union (EIN: 63-0440014) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Alabama Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 12 out of 396 total employees. Among the employees shown here, the average compensation is $211,935. The highest compensated employee at Alabama Credit Union is Stephen K Swofford with fiscal year 2021 compensation of $490,028.

Revenue, expenses, and employee compensation

Revenue

$57,798,045

Expenses

$47,077,943

Employee compensation

$19,291,111
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Stephen K Swofford
President and Chief Executive Officer
$490,028
$433,808 No related comp$56,220
Tommy Cobb
Senior Vice President of Branch Operat
$238,377
$214,109 No related comp$24,268
Michael Goodman
Chief Information Officer
$234,250
$210,267 No related comp$23,983
Eleanor Brown
Chief Financial Officer
$208,559
$181,514 No related comp$27,045
Benson P Bolling
Chief Lending Officer
$203,129
$182,344 No related comp$20,785
Joseph Hardy
Manager of Outside Sales
$178,652
$155,131 No related comp$23,521
June Landrum
AVP, Branch Operations
$178,647
$161,704 No related comp$16,943
Brandi McKinney
AVP, Human Resources
$176,538
$153,532 No related comp$23,006
Michael R Shults
Vice President, Information Systems
$175,754
$154,075 No related comp$21,679
Jim Pennington
Vice President, Collections
$159,523
$138,450 No related comp$21,073
Ajaykumar Gupta
Manager, Network Services
$152,910
$137,100 No related comp$15,810
Kelly Porter
AVP, Marketing
$146,851
$131,419 No related comp$15,432

Benchmark Employee Compensation

Non-Employee Board Members

Casey Taylor
Secretary and Treasurer
Charlotte Harris
Director
Lisa Evans
Director
Lynne April
Chair
Marcus Jones
Director
Mark Nelson
Director
Reba Essary
Director
Robert Riley
Director
Ron Dulek
Vice Chair
Thomas West
Director

Contractors

Fiserv
Payment and Fintech Provider
$1,219,035
Apiture LLC
Digital Banking
$836,646
Windstream Services LLC
Telecommunications
$812,753
M2 the Agency
Advertising
$617,307
Fedcorp Inc.
ATM Sales
$417,822

Mission Statement

TO PROVIDE THRIFT OPPORTUNITIES AND LOW COST LOANS TO MEMBERS

Revisions to this organization profile

November 10, 2025:
2024 Alabama Credit Union 990 filed
November 14, 2024:
2023 Alabama Credit Union 990 filed
November 13, 2023:
2022 Alabama Credit Union 990 filed

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Other organizations also named Alabama Credit Union

Alabama Credit Union Administration
Opp, Alabama
Alabama Credit Union Foundation Inc.
Tuscaloosa, Alabama