Compensation 990

Five County Credit Union

Fiscal year ending 2024. Filed on May 8, 2025.

765 Washington Street
Bath, Maine 04530

Five County Credit Union (EIN: 01-0261795) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Five County Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 7 out of 158 total employees. Among the employees shown here, the average compensation is $380,318. The highest compensated employee at Five County Credit Union is Terri Ryan with fiscal year 2024 compensation of $731,124.

Revenue, expenses, and employee compensation

Revenue

$26,215,158

Expenses

$23,993,228

Employee compensation

$12,582,000
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋216.0%vs 2023
Terri Ryan
Senior Vice President, Administration
$731,124
$689,488 from orgNo related comp$41,636 other
＋9.1%vs 2023
Julie A Marquis
President and Chief Executive Officer
$659,333
$598,847 from orgNo related comp$60,486 other
＋12.3%vs 2023
Kenneth H Stockford
Senior Vice President Finance and Technology/C
$346,356
$300,224 from orgNo related comp$46,132 other
＋10.4%vs 2023
Michael Foley
Senior Vice President Support Services/Cgo
$319,788
$274,361 from orgNo related comp$45,427 other
＋8.1%vs 2023
Jennifer Andersen
Senior Vice President Retail Services/Coo
$274,585
$242,401 from orgNo related comp$32,184 other
＋8.7%vs 2023
Lynn Farmer
Senior Vice President, Human Resources
$217,270
$188,478 from orgNo related comp$28,792 other
New in 2024
Scott Budde
Senior Vice President Strategic Development
$113,770
$112,086 from orgNo related comp$1,684 other

Non-Employee Board Members

A Bosica
Director
Bruce Wilson
Director
Merlin Suggs
Vice Chair
Mona Faulter
Secretary and Treasurer
Peter Decourcy
Director
Robert Brewer
Chair
Sam May
Director

Contractors

＋79.3%vs 2023
Synergent
Bureau
$1,131,104
New in 2024
Diebold Nixdorf Inc.
ATM/Security
$257,688
New in 2024
Portland Safe
Communications
$254,924
New in 2024
Alkami Technology
Electronic Banking
$234,674
New in 2024
Strum Agency Inc.
Rebranding
$193,787

Mission Statement

DELIVERING TRUE CONVENIENCE THROUGH EXTENDED HOURS, MODERN & TRADITIONAL BANKING SERVICES AND TRUSTED SOLUTIONS.

Revisions to this organization profile

May 8, 2025:
2024 Five County Credit Union 990 filed
September 12, 2024:
2023 Five County Credit Union 990 filed
August 23, 2023:
2022 Five County Credit Union 990 filed

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