Compensation 990

Max Credit Union

Fiscal year ending 2021. Filed on November 10, 2022.

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 2021 IRS Form 990 filing, Max Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 11 out of 362 total employees. Among the employees shown here, the average compensation is $288,789. The highest compensated employee at Max Credit Union is Martin Edward Head with fiscal year 2021 compensation of $533,727.

Revenue, expenses, and employee compensation

Revenue

$76,797,432

Expenses

$60,006,358

Employee compensation

$27,403,552
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Martin Edward Head
President and Chief Executive Officer
$533,727
$481,088 from orgNo related comp$52,639 other
Tim Marquardt
Senior Vice President and Chief Financial Officer
$316,503
$271,018 from orgNo related comp$45,485 other
Wayne Blackwell
Svp/Chief Retail Officer
$308,473
$265,659 from orgNo related comp$42,814 other
Kenneth Hill
Vice President Mortgage Services
$301,581
$267,028 from orgNo related comp$34,553 other
Cheryl Payson
Svp/Chief Support Officer
$277,134
$243,096 from orgNo related comp$34,038 other
Ken Peavy
Advisor
$275,181
$233,246 from orgNo related comp$41,935 other
Ron Creel
Senior Vice President Business Services
$239,342
$201,412 from orgNo related comp$37,930 other
Wendy Anderson
AVP Consumer Underwriting
$236,955
$202,126 from orgNo related comp$34,829 other
Sandra Branch
SVC CTR Consultant III
$234,365
$194,271 from orgNo related comp$40,094 other
Bruce Chafin
Senior Vice President MAX Capital
$233,086
$194,934 from orgNo related comp$38,152 other
Dg Markwell
Chief Marketing Officer
$220,330
$182,988 from orgNo related comp$37,342 other

Non-Employee Board Members

K Sue Jackson
Secretary
$2,086
$2,086 from orgNo related compNo other comp
Barbara T Starr
Chair
$1,315
$1,315 from orgNo related compNo other comp
Carl L Whatley
Director
No compensation reported
Lloyd Woodman Jr
Director
No compensation reported
John Averrett
Vice Chair
No compensation reported
James W Solze Jr
Treasurer
No compensation reported
A Kelli Wise
Director
No compensation reported
Gary Tomlin
Director
No compensation reported

Contractors

Jack Henry & Associates Inc.
Core IT Processing
$1,389,490
High Cotton
Statement
$1,240,287
Q2 Software Inc.
Homebanking Software
$883,852
Windstream
Communications
$793,797
Prosys
Software
$702,732

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

Get an email when new compensation information is released for Max Credit Union

Be the first to know when new IRS Form 990 data is published for this organization.

Related Jobs

View more jobs
Powered by Talroo
Report a discrepancy →