Compensation 990

Apco Employees Credit Union

Fiscal year ending 2021. Filed on November 15, 2022.

750 17th Street North
Birmingham, Alabama 35203

Apco Employees Credit Union (EIN: 63-0328360) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Apco Employees Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 9 out of 194 total employees. Among the employees shown here, the average compensation is $408,383. The highest compensated employee at Apco Employees Credit Union is Derrick Ragland with fiscal year 2021 compensation of $1,177,525.

Revenue, expenses, and employee compensation

Revenue

$74,996,749

Expenses

$53,186,389

Employee compensation

$13,591,830
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋72.1%vs 2020
Derrick Ragland
Chief Executive Officer
$1,177,525
$605,738 from orgNo related comp$571,787 other
＋31.6%vs 2020
Blane Mink
Chief Financial Officer and Vice President
$602,923
$384,736 from orgNo related comp$218,187 other
＋19.3%vs 2020
Andy Rush
Chief Operating Officer
$417,370
$279,211 from orgNo related comp$138,159 other
＋45.6%vs 2020
Angela Wright
IT Manager
$406,931
$228,393 from orgNo related comp$178,538 other
＋32.8%vs 2020
Danna Horne
Administrative Manager
$278,405
$147,032 from orgNo related comp$131,373 other
＋25.9%vs 2020
Jacob Julian
Comptroller
$254,578
$171,679 from orgNo related comp$82,899 other
＋26.8%vs 2020
Alan Russell
MBR Service Manager
$244,287
$222,890 from orgNo related comp$21,397 other
New in 2021
Preston Holder
Lending Manager
$182,637
$130,657 from orgNo related comp$51,980 other
－90.4%vs 2020
Don Manuel
Former Key Employee
$110,787
$110,787 from orgNo related compNo other comp

Non-Employee Board Members

Allison Boone
Supervisory Committee Member
Ann Wilkinson
Supervisory Committee Member
Bill Gober
Director
Carlton Stephens
Director
Celia Yates
Secretary and Director
Greg Bass
Supervisory Committee Chairperson
Greg Shipp
Vice Chair and Director
John Valekis
Treasurer and Director
Mark Wilkinson
Chair and Director
Melinda Lopez
Director
Robert B Roy
Director
Wendell Pate
Director

Mission Statement

COOPERATIVE SOCIETY INCORPORATED FOR THE TWOFOLD PURPOSE OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST.

Revisions to this organization profile

November 17, 2025:
2024 Apco Employees Credit Union 990 filed
November 15, 2024:
2023 Apco Employees Credit Union 990 filed
November 15, 2023:
2022 Apco Employees Credit Union 990 filed

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