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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 Public & Societal Benefit Monterra Credit Union

Monterra Credit Union

Fiscal year ending 2024. Filed on November 10, 2025.

350 Convention Way
Redwood City, California 94063

Monterra Credit Union (EIN: 94-1231186) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Monterra Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 18 out of 249 total employees. Among the employees shown here, the average compensation is $315,708. The highest compensated employee at Monterra Credit Union is Wade Painter with fiscal year 2024 compensation of $872,583. Monterra Credit Union changed its name from San Mateo Credit Union in 2024.

Revenue, expenses, and employee compensation

Revenue

$94,782,581

Expenses

$75,381,520

Employee compensation

$28,472,632
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Wade Painter
President and Chief Executive Officer
$872,583
$835,111 No related comp$37,472
Valerie Alsip
Executive Vice President and Chief Operating Officer
$448,767
$420,688 No related comp$28,079
David Diamond
Chief Financial Officer and Vice President
$403,743
$366,095 No related comp$37,648
Patricia Ellingson
Executive Vice President, Chief Lending Officer
$363,993
$323,933 No related comp$40,060
Anatoly Vilderman
Executive Wealth Advisor
$334,770
$304,653 No related comp$30,117
Emilio Johansen
Executive Wealth Advisor
$333,093
$278,899 No related comp$54,194
Rebecca Nixon
Senior Vice President, Chief People Officer
$323,728
$272,768 No related comp$50,960
William Andrews
Vice President, Information Services
$288,820
$247,634 No related comp$41,186
Richard Kinzie
Vice President RISK and Compliance
$249,369
$210,854 No related comp$38,515
Ignasio Medrano
Vice President Digital Services
$248,814
$212,725 No related comp$36,089
Suzanne Knowlton
Vice President Marketing and Community Relations
$245,047
$209,010 No related comp$36,037
Cheryl Rayo
Vice President, Real Estate Lending
$244,826
$222,647 No related comp$22,179

Benchmark Employee Compensation

Non-Employee Board Members

Brian Ponty
Board Treasurer
John Beiers
Board Chair
Kate Harr
Board Vice Chair
Magda Gonzalez
Board Secretary
Michael Claire
Board Member
Paul Okada
Board Member
Steve Divney
Board Member

Contractors

Visa Inc.
Card Network Provider
$3,394,565
Alkami Technology
Mobile Deposit
$1,462,367
Jack Henry & Associates
Core System
$864,278
Financial Technology Solutions International Inc.
ATM Servicing
$822,358
Convergeone
Software Provider
$466,754

Mission Statement

PASSIONATELY DELIVER RELEVANT PRODUCTS, SERVICES, AND EDUCATION TAILORED TO HELP OUR MEMBERS, EMPLOYEES, AND COMMUNITIES ACHIEVE THEIR FINANCIAL GOALS.

Revisions to this organization profile

November 10, 2025:
2024 Monterra Credit Union 990 filed
November 13, 2024:
2023 Monterra Credit Union 990 filed
November 15, 2023:
2022 Monterra Credit Union 990 filed

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