Compensation 990

Membersfirst Credit Union

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

2476 Lawrenceville Hwy
Decatur, Georgia 30033

Membersfirst Credit Union (EIN: 58-1489204) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Membersfirst Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 7 out of 119 total employees. Among the employees shown here, the average compensation is $205,074. The highest compensated employee at Membersfirst Credit Union is Terry Hardy with fiscal year 2024 compensation of $370,770. Membersfirst Credit Union changed its name from Membersfirst Credit Union 2050 Lawrenceville Hwy STE C-40 in 2017.

Revenue, expenses, and employee compensation

Revenue

$24,599,650

Expenses

$21,227,210

Employee compensation

$7,545,276
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋14.5%vs 2023
Terry Hardy
President and Chief Executive Officer
$370,770
$325,935 from orgNo related comp$44,835 other
＋10.8%vs 2023
Gwen Hardy
Senior Vice President
$303,452
$293,218 from orgNo related comp$10,234 other
＋8.0%vs 2023
William Laughridge
Vice President, Information Technology
$165,356
$139,274 from orgNo related comp$26,082 other
＋6.6%vs 2023
Daveeth O Svansson
Vice President, Consumer Lending
$159,283
$137,678 from orgNo related comp$21,605 other
＋7.4%vs 2023
Kimberly McNary
Vice President of Commercial and REAL Estate
$151,066
$145,137 from orgNo related comp$5,929 other
＋6.6%vs 2023
Virginia Colegrove
Vice President of Member Experience
$144,460
$138,900 from orgNo related comp$5,560 other
＋2.2%vs 2023
James Coltrane
Vice President and Chief Financial Officer
$141,129
$135,895 from orgNo related comp$5,234 other

Non-Employee Board Members

Billy Reid
Board Member
Christina Miller
Committee Member
Don Neunaber
Board Member
Don Remillard
Board Member
Douglas Reed
Board Member
Elaine Moore
Committee Member
Jack Hague
Board Member
Janice Alexander
Board Member
Jeffery Thomas
Committee Member
Joe van Horn
Board Member
Lee Underwood
Board Member
Nancy Lawson
Committee Member

Mission Statement

TO PROVIDE THRIFT SAVINGS AND BORROWINGS TO MEMBERS OF AN OWNED COOPERATIVE

Revisions to this organization profile

November 17, 2025:
2024 Membersfirst Credit Union 990 filed
May 14, 2025:
2023 Membersfirst Credit Union 990 filed
November 14, 2023:
2022 Membersfirst Credit Union 990 filed

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