Compensation 990

First City Credit Union

Fiscal year ending 2023. Filed on November 4, 2024.

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 2023 IRS Form 990 filing, First City Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 8 out of 148 total employees. Among the employees shown here, the average compensation is $294,807. The highest compensated employee at First City Credit Union is Navneet Khanna with fiscal year 2023 compensation of $629,956.

Revenue, expenses, and employee compensation

Revenue

$38,120,641

Expenses

$30,541,292

Employee compensation

$10,991,855
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋80.5%vs 2022
Navneet Khanna
Chief Executive Officer
$629,956
$559,442 from orgNo related comp$70,514 other
＋1.8%vs 2022
Lourdes Ruano
Executive Vice President and Chief Financial Officer
$376,867
$323,293 from orgNo related comp$53,574 other
＋1.6%vs 2022
Michael Wilkins
Senior Vice President and Chief Operating Officer
$308,048
$264,567 from orgNo related comp$43,481 other
New in 2023
Alfredo Perez
Senior Vice President and CLO
$254,686
$217,081 from orgNo related comp$37,605 other
＋13.3%vs 2022
Qamar Noory
Vice President and Chief Information Officer
$236,800
$214,297 from orgNo related comp$22,503 other
＋22.6%vs 2019
Mary Bolose
Vice President
$195,335
$160,867 from orgNo related comp$34,468 other
－1.5%vs 2022
Mary Rubio
Vice President, Human Resources
$184,287
$164,519 from orgNo related comp$19,768 other
New in 2023
Curtis Ruther
Vice President of Consumer Lending
$172,473
$161,808 from orgNo related comp$10,665 other

Non-Employee Board Members

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

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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