Compensation 990

First City Credit Union

Fiscal year ending 2024. Filed on November 17, 2025.

500 W Woodbury Road
Altadena, California 91001

First City Credit Union (EIN: 95-1679662) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, First City Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 11 out of 140 total employees. Among the employees shown here, the average compensation is $270,052. The highest compensated employee at First City Credit Union is Navneet Khanna with fiscal year 2024 compensation of $657,060.

Revenue, expenses, and employee compensation

Revenue

$41,363,905

Expenses

$37,175,695

Employee compensation

$11,508,864
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Navneet Khanna
Chief Executive Officer
$657,060
$601,824 from orgNo related comp$55,236 other
Lourdes Ruano
Executive Vice President and Chief Financial Officer
$412,895
$359,041 from orgNo related comp$53,854 other
Lixa Anderson
Senior Vice President and Chief Information Officer
$283,817
$236,821 from orgNo related comp$46,996 other
Alfredo Perez
Senior Vice President and CLO
$268,512
$232,220 from orgNo related comp$36,292 other
Royce Ngiam
Svp/Cmo
$218,348
$176,488 from orgNo related comp$41,860 other
David Tran
Vice President, Technology
$206,571
$177,976 from orgNo related comp$28,595 other
Mary Bolose
Vice President, Member Services
$203,820
$170,263 from orgNo related comp$33,557 other
Oscar Toledo
Vice President, Ecommerce and Payments
$191,602
$151,535 from orgNo related comp$40,067 other
Mary Rubio
Svp/Chro
$188,322
$168,548 from orgNo related comp$19,774 other
Deborah Minero
AVP, Project Management
$173,573
$141,671 from orgNo related comp$31,902 other
Robert Herrera
SR System Admin
$166,048
$150,106 from orgNo related comp$15,942 other

Non-Employee Board Members

Carolyn Bernardez
Director
Christopher Anderson
Director
John Benedict
Treasurer
Marisa Lopez
Director
Michael Steinberger
Chair
Willa Glover
Vice Chair

Contractors

Financial Technology Solutions
ATM Servicer
$688,543
Jack Henry & Associates
Core System Provider
$454,234
Allied Nationwide Security Inc.
Branch Security Guards
$313,369
Insync Computer Solutions
IT Consultant
$308,325
Tpx
Communication Line
$286,654

Mission Statement

FIRST CITY CREDIT UNION (THE CREDIT UNION) EXISTS TO SERVE ITS MEMBERS. THE CREDIT UNION IS COMMITTED TO OFFER A BROAD RANGE OF QUALITY FINANCIAL SERVICES, DELIVERED AND PRICED TO PROVIDE GOOD VALUE. THE CREDIT UNION SHALL MAINTAIN FINANCIALLY SOUND AND ETHICAL PRACTICES TO MERIT CONFIDENCE AND TRUST.

Revisions to this organization profile

November 17, 2025:
2024 First City Credit Union 990 filed
November 4, 2024:
2023 First City Credit Union 990 filed
November 15, 2023:
2022 First City Credit Union 990 filed

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