Maine State Credit Union

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

PO Box 5659
Augusta, Maine 04332

Maine State Credit Union (EIN: 01-0196194) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Maine State Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 11 out of 182 total employees. Among the employees shown here, the average compensation is $194,852. The highest compensated employee at Maine State Credit Union is Stephen Wallace with fiscal year 2024 compensation of $434,545.

Revenue, expenses, and employee compensation

Revenue

$39,810,710

Expenses

$38,756,567

Employee compensation

$11,745,132

Reported Compensated Employees

Stephen Wallace

President and Chief Executive Officer

$434,545

$399,928 No related comp$34,617

Shane Abbott

Svp/Chief Strategy Officer

$228,767

$195,012 No related comp$33,755

Brie Mellor

Senior Vice President and Chief Lending Officer

$226,654

$193,109 No related comp$33,545

Bruce Harrington

Senior Vice President Commercial Lending

$192,545

$164,974 No related comp$27,571

Elizebeth Jean

Senior Vice President Residential Mortgage

$181,474

$149,305 No related comp$32,169

Mitchell Ryan

Vice President Technology Operations

$174,487

$140,508 No related comp$33,979

Jennifer Bechard

Vice President, Human Resources

$170,446

$139,566 No related comp$30,880

Jeffrey Charland

Vice President Commercial LOAN Officer

$165,256

$152,157 No related comp$13,099

Jason Hilt

Svp/Cfo (Thru AUG '24) THEN Svp/Controller

$159,463

$134,441 No related comp$25,022

Amanda Crommett

Svp/Chief Retail Officer

$152,198

$137,462 No related comp$14,736

Neal Blake

Senior Vice President and Chief Financial Officer

$57,535

$47,963 No related comp$9,572

Benchmark Employee Compensation

Non-Employee Board Members

Duncan MacKellar

George Lapointe

Michael Roderigue

Contractors

Data Processing

Workgroup Technology Partners Inc.

Alkami Technology

Data Processing

Jack Henry & Associates

Data Processing

Mission Statement

PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES.

Revisions to this organization profile

November 17, 2025:

2024 Maine State Credit Union 990 filed

October 16, 2024:

2023 Maine State Credit Union 990 filed

November 7, 2023:

2022 Maine State Credit Union 990 filed

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