Royal Credit Union
Fiscal year ending 2020. Filed on November 12, 2021.
200 Riverfront Terrace
Eau Claire, Wisconsin 54703
Royal Credit Union (EIN: 39-6072970) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Royal Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 13 out of 806 total employees. Among the employees shown here, the average compensation is $530,229. The highest compensated employee at Royal Credit Union is Brandon Riechers with fiscal year 2020 compensation of $1,689,937.
Revenue, expenses, and employee compensation
Revenue
$170,100,476
Expenses
$141,594,596
Employee compensation
$55,457,880
Reported Compensated Employees
+18.4%vs 2019
Brandon Riechers
President and Chief Executive Officer
$1,689,937
$761,291 from orgNo related comp$928,646 other
+62.0%vs 2019
Jared Johnson
Mortgage Loan Officer
$638,945
$598,608 from orgNo related comp$40,337 other
+58.4%vs 2019
Jeffrey Sproul
Mortgage Loan Officer
$573,736
$539,918 from orgNo related comp$33,818 other
+23.4%vs 2019
Jon Hehli
Executive Vice President and Chief Financial Officer
$572,686
$502,661 from orgNo related comp$70,025 other
+42.8%vs 2019
Barbara Oas-Holmes
Mortgage Loan Officer
$521,086
$454,608 from orgNo related comp$66,478 other
+56.2%vs 2019
Jacob Spies
Regional Mortgage Sales MA
$511,304
$432,177 from orgNo related comp$79,127 other
+24.1%vs 2019
Jan Johnson
Evp-Organizational Agility
$460,310
$413,458 from orgNo related comp$46,852 other
+43.4%vs 2019
Mark Erickson
Mortgage Loan Officer
$459,656
$414,574 from orgNo related comp$45,082 other
+29.7%vs 2019
Michael Dill
Evp-Chief Lending Officer
$412,386
$352,945 from orgNo related comp$59,441 other
+47.6%vs 2019
Pamela Haller
Evp-Chief Digital Experience and Marketing Officer
$332,940
$293,465 from orgNo related comp$39,475 other
+28.3%vs 2019
Adam Kinnard
Evp-Chief Technology Offic
$317,529
$269,254 from orgNo related comp$48,275 other
+9.1%vs 2019
Amy Forcier-Pabst
Evp-Member Experience
$313,775
$249,862 from orgNo related comp$63,913 other
Non-Employee Board Members
±0%vs 2019
Doug Olson
Chair
$33,076
$33,076 from orgNo related compNo other comp
±0%vs 2019
Thomas Huffcutt
Treasurer
$23,968
$23,968 from orgNo related compNo other comp
±0%vs 2019
John Sackett
Assistant VICE Chairperson
$18,613
$18,613 from orgNo related compNo other comp
±0%vs 2019
Jennifer McDonough
Secretary
$17,748
$17,748 from orgNo related compNo other comp
±0%vs 2019
William Blackburn
Assistant Secretary
$16,435
$16,435 from orgNo related compNo other comp
-1.1%vs 2019
Stuart Schaefer
Vice Chair
$16,255
$16,255 from orgNo related compNo other comp
±0%vs 2019
Nancy Beltz
Assistant Treasurer
$14,255
$14,255 from orgNo related compNo other comp
Contractors
New in 2020
Radian Valuation Services LLC
Appraisals for Mortgage Loans
$1,808,690
New in 2020
Hoeft Builders
Contractor
$598,283
-1.4%vs 2019
Thillens Inc.
ATM Cash Provider
$272,071
-21.8%vs 2018
Service Solutions
ATM Maintenance (Technicians)
$245,831
New in 2020
Info-Pro Lenders Services Inc.
Tax Monitoring
$226,765
Mission Statement
TO CREATE A POSITIVE IMPACT IN THE LIVES WE TOUCH.
Revisions to this organization profile
November 6, 2025:
2024 Royal Credit Union 990 filed
November 14, 2024:
2023 Royal Credit Union 990 filed
November 15, 2023:
2022 Royal Credit Union 990 filed
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