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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 People's Credit Union

People's Credit Union

Fiscal year ending 2022. Filed on October 23, 2023.

858 West Main Road
Middletown, Rhode Island 02842

People's Credit Union (EIN: 05-0198580) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2022 IRS Form 990 filing, People's Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 7 out of 146 total employees. Among the employees shown here, the average compensation is $281,622. The highest compensated employee at People's Credit Union is Sean Daly with fiscal year 2022 compensation of $539,023.

Revenue, expenses, and employee compensation

Revenue

$26,116,724

Expenses

$21,364,433

Employee compensation

$10,061,282
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sean Daly
President and Chief Executive Officer
$539,023
$524,205 No related comp$14,818
William Dewitt
Executive Vice President, Chief Marketing Officer
$290,689
$248,960 No related comp$41,729
Cormac McCarthy
Executive Vice President, Chief Lending Officer
$283,347
$241,184 No related comp$42,163
Margaret McGill
Executive Vice President and Chief Financial Officer
$262,456
$229,080 No related comp$33,376
Karen Parent
Senior Vice President HR and Talent
$226,543
$188,256 No related comp$38,287
Christopher Eden
Vice President Security and Information Technology
$187,692
$169,685 No related comp$18,007
Diane Crosby
Mortgage Loan Officer
$181,604
$161,124 No related comp$20,480

Benchmark Employee Compensation

Non-Employee Board Members

Christopher S Ottiano, M.D.
Chair
$14,133
$14,133 No related compNo other comp
Toni L McGowan
Secretary
$12,800
$12,800 No related compNo other comp
Edward T Lopes Jr
Former Chair and Director
$11,733
$11,733 No related compNo other comp
Thomas W Vignali, Cpa
Treasurer
$11,733
$11,733 No related compNo other comp
William L Douglas Jr
Past Treasurer, Director
$11,467
$11,467 No related compNo other comp
Alyson Adkins
Vice Chair
$11,333
$11,333 No related compNo other comp
Terri Marcucci Fitch
Director
$10,400
$10,400 No related compNo other comp
Louann Lawrence
Director
$10,000
$10,000 No related compNo other comp

Contractors

Cocc
Data Processing
$1,762,217
Think Stack
Information Technology
$403,455
Alkami Technology Inc.
Online Banking Provider
$381,625
Baker Hill Solutions
Consulting
$355,235
Customized Service Concepts LLC
ATM Equipment Sales
$226,495

Mission Statement

The priority of People's Credit Union is to offer value added products and services for the benefit of our existing and prospective members. We are committed to providing convenient delivery of our products and services in a friendly, welcoming and responsive environment. To ensure ongoing confidence and trust, we will continue to promote our financial strength as an organization.

Revisions to this organization profile

July 9, 2024:
2023 People's Credit Union 990 filed
October 23, 2023:
2022 People's Credit Union 990 filed
May 13, 2022:
2021 People's Credit Union 990 filed

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