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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 Max Credit Union

Max Credit Union

Fiscal year ending 2023. Filed on November 8, 2024.

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 2023 IRS Form 990 filing, Max Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 13 out of 346 total employees. Among the employees shown here, the average compensation is $308,685. The highest compensated employee at Max Credit Union is Martin E Head with fiscal year 2023 compensation of $621,887.

Revenue, expenses, and employee compensation

Revenue

$110,340,417

Expenses

$84,301,649

Employee compensation

$29,475,859
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Martin E Head
President and Chief Executive Officer
$621,887
$559,994 No related comp$61,893
Timothy Marquardt
Chief Financial Officer
$345,379
$296,664 No related comp$48,715
Clinton Dale Watkins
Chief Information Officer
$334,651
$286,218 No related comp$48,433
Cheryl Payson
Chief Optns Excel Officer
$309,753
$264,614 No related comp$45,139
Mike Hart
Executive Vice President Chief Operations Officer
$295,195
$260,204 No related comp$34,991
Ron Creel
Senior Vice President Business Services
$287,059
$241,957 No related comp$45,102
Sandra Branch
Chief Talent Officer
$281,708
$233,128 No related comp$48,580
Ken Peavy
Vice President Wealth Management
$275,075
$224,594 No related comp$50,481
Wendy Anderson
Chief Lending Officer
$263,376
$220,088 No related comp$43,288
Elizabeth Moseley
Vice President, Business Services
$260,723
$217,548 No related comp$43,175
William Epperson
Chief Retail Officer
$256,502
$209,643 No related comp$46,859
Sandra Downing
Wealth Advisor
$254,078
$223,732 No related comp$30,346

Benchmark Employee Compensation

Non-Employee Board Members

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

Contractors

Cennox Reactive Field Services
Itm
$1,434,375
Jack Henry & Associates
Core IT Processing
$1,351,104
High Cotton
Statement
$1,295,383
Prosys
IT
$1,172,073
Q2 Software
Homebanking Software
$1,072,928

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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