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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 Har-CO Credit Union

Har-CO Credit Union

Fiscal year ending 2024. Filed on November 3, 2025.

30 N Hickory Avenue
Bel Air, Maryland 21014

Har-CO Credit Union (EIN: 52-0853115) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Har-CO Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 8 out of 77 total employees. Among the employees shown here, the average compensation is $233,100. The highest compensated employee at Har-CO Credit Union is Gilbert Kennedy III with fiscal year 2024 compensation of $385,255.

Revenue, expenses, and employee compensation

Revenue

$13,335,704

Expenses

$11,641,525

Employee compensation

$5,272,440
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Gilbert Kennedy III
President and Chief Executive Officer
$385,255
$320,831 No related comp$64,424
John Shroads Jr
Evp/Coo and CCO
$265,909
$217,795 No related comp$48,114
Matthew White
Executive Vice President and Chief Financial Officer
$219,741
$180,515 No related comp$39,226
Mark Freyer
Svp/Cro and CCO
$210,943
$170,631 No related comp$40,312
Angela Gregory
Vp/Sr. Mortgage Officer
$200,187
$161,086 No related comp$39,101
Malia Dierken
Svp/Controller
$198,649
$139,856 No related comp$58,793
Sharon Wilson
Svp/Cto
$194,834
$163,872 No related comp$30,962
Alexander Coulson
Svp/Cmo
$189,283
$173,654 No related comp$15,629

Benchmark Employee Compensation

Non-Employee Board Members

Blaise Sedney
Chair
$9,600
$9,600 No related compNo other comp
Teresa Knox
Director
$9,300
$9,300 No related compNo other comp
Lawrence Dukes
Vice Chair
$8,400
$8,400 No related compNo other comp
Eric Rebbert
Secretary
$7,200
$7,200 No related compNo other comp
Thorkild Paaby Jr
Director
$6,000
$6,000 No related compNo other comp
Charles Wellington
Director
$6,000
$6,000 No related compNo other comp
Dr Austin Hill
Treasurer
$6,000
$6,000 No related compNo other comp
Steven Johnson
Director
$4,500
$4,500 No related compNo other comp

Contractors

Fiserv
System and Mobile Banking Provider
$244,670
Meridianlink Inc.
Online Application/Membership Software
$106,271
Shopeing Center Mgmt Company Inc.
Ground Rent/Lease
$101,515

Mission Statement

TO PROVIDE A SOUND FINANCIAL INSTITUTION WITH EXCELLENT MEMBER SERVICE FOR OUR CREDIT UNION FAMILY. WE MAKE OUR MEMBERSHIP OUR FIRST CONSIDERATION IN EVERYTHING WE DO.

Revisions to this organization profile

November 3, 2025:
2024 Har-CO Credit Union 990 filed
November 7, 2024:
2023 Har-CO Credit Union 990 filed
November 8, 2023:
2022 Har-CO Credit Union 990 filed

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