Compensation 990

Max Credit Union

Fiscal year ending 2024. Filed on October 13, 2025.

PO Box 244040
Montgomery, Alabama 36124

Max Credit Union (EIN: 36-4618706) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Max Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 14 out of 341 total employees. Among the employees shown here, the average compensation is $322,578. The highest compensated employee at Max Credit Union is Martin E Head with fiscal year 2024 compensation of $727,659.

Revenue, expenses, and employee compensation

Revenue

$123,834,123

Expenses

$100,536,448

Employee compensation

$30,850,134
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋17.0%vs 2023
Martin E Head
President and Chief Executive Officer
$727,659
$662,803 from orgNo related comp$64,856 other
＋3.9%vs 2023
Timothy Marquardt
Chief Financial Officer
$358,953
$308,014 from orgNo related comp$50,939 other
＋19.8%vs 2023
Mike Hart
Executive Vice President Chief Operations Officer
$353,508
$300,185 from orgNo related comp$53,323 other
＋3.8%vs 2023
Cheryl Payson
Chief Optns Excel Officer
$321,376
$274,621 from orgNo related comp$46,755 other
＋72.4%vs 2019
Martee Moseley
Market President
$318,057
$272,813 from orgNo related comp$45,244 other
－6.9%vs 2023
Clinton Dale Watkins
Chief Information Officer
$311,717
$260,944 from orgNo related comp$50,773 other
＋4.1%vs 2023
Sandra Branch
Chief Talent Officer
$293,157
$244,207 from orgNo related comp$48,950 other
＋6.4%vs 2023
Ken Peavy
Vice President Wealth Management
$292,778
$239,896 from orgNo related comp$52,882 other
＋8.2%vs 2023
William Epperson
Chief Retail Officer
$277,585
$228,900 from orgNo related comp$48,685 other
＋4.6%vs 2023
Wendy Anderson
Chief Lending Officer
$275,608
$230,704 from orgNo related comp$44,904 other
－7.5%vs 2023
Ron Creel
Senior Vice President Business Services
$265,602
$218,435 from orgNo related comp$47,167 other
－4.1%vs 2022
Kenneth Hill
Vice President Mortgage Services
$246,649
$203,053 from orgNo related comp$43,596 other

Non-Employee Board Members

A Kelli Wise
Director
Barbara T Starr
Chair
Bea Forniss
Director
Carl Whatley
Director
Edward Crowell
Director
Gary Tomlin
Director
James Littlejohn
Director
James W Solze Jr
Treasurer
John Averrett
Vice Chair
K Sue Jackson
Secretary
Lloyd Woodman Jr
Director

Mission Statement

THE CREDIT UNION IS A COOPERATIVE COMMUNITY FINANCIAL INSTITUTION WHICH WAS ORGANIZED TO PROMOTE THRIFT AMONG ITS MEMBERS AS WELL AS TO PROVIDE A SOURCE OF CREDIT FOR ITS MEMBERS.

Revisions to this organization profile

November 17, 2025:
Amended (originally filed November 13, 2023)2022 Max Credit Union 990 filed
October 13, 2025:
2024 Max Credit Union 990 filed
November 8, 2024:
2023 Max Credit Union 990 filed

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