Royal Credit Union
Fiscal year ending 2021. Filed on November 15, 2022.
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 2021 IRS Form 990 filing, Royal Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 12 out of 862 total employees. Among the employees shown here, the average compensation is $633,840. The highest compensated employee at Royal Credit Union is Brandon Riechers with fiscal year 2021 compensation of $1,946,490.
Revenue, expenses, and employee compensation
Revenue
$185,328,498
Expenses
$120,388,667
Employee compensation
$60,369,132
Reported Compensated Employees
＋15.2%vs 2020
Brandon Riechers
President and Chief Executive Officer
$1,946,490
$986,318 from orgNo related comp$960,172 other
＋16.6%vs 2020
Jared Johnson
Mortgage Loan Officer
$745,096
$683,911 from orgNo related comp$61,185 other
＋26.9%vs 2020
Jon Hehli
Executive Vice President and Chief Financial Officer
$726,771
$598,766 from orgNo related comp$128,005 other
＋43.3%vs 2020
Jan Johnson
Evp-Organizational Agility
$659,744
$524,463 from orgNo related comp$135,281 other
－2.9%vs 2020
Jeffrey Sproul
Mortgage Loan Officer
$557,377
$534,528 from orgNo related comp$22,849 other
＋18.3%vs 2020
Michael Dill
Evp-Chief Lending Officer
$487,801
$411,024 from orgNo related comp$76,777 other
－5.8%vs 2020
Jacob Spies
Regional Mortgage Sales MA
$481,889
$419,649 from orgNo related comp$62,240 other
＋31.5%vs 2020
Pamela Haller
Evp-Chief Digital Experien
$437,723
$378,149 from orgNo related comp$59,574 other
－17.1%vs 2020
Barbara Oas-Holmes
Mortgage Loan Officer
$431,793
$371,293 from orgNo related comp$60,500 other
＋29.8%vs 2020
Adam Kinnard
Evp-Chief Technology Offic
$412,040
$345,964 from orgNo related comp$66,076 other
－12.2%vs 2020
Mark Erickson
Mortgage Loan Officer
$403,369
$358,293 from orgNo related comp$45,076 other
＋256.3%vs 2020
Geoffrey Bullock
Executive Vice President - Member Experience
$315,985
$259,696 from orgNo related comp$56,289 other
Non-Employee Board Members
＋54.4%vs 2020
Thomas Huffcutt
Chair
$37,000
$37,000 from orgNo related compNo other comp
－13.8%vs 2020
Doug Olson
Treasurer
$28,500
$28,500 from orgNo related compNo other comp
＋26.3%vs 2020
John Sackett
Assistant Secretary
$23,500
$23,500 from orgNo related compNo other comp
＋24.0%vs 2020
Jennifer McDonough
Secretary
$22,000
$22,000 from orgNo related compNo other comp
＋32.3%vs 2020
Stuart Schaefer
Vice Chair
$21,500
$21,500 from orgNo related compNo other comp
＋27.8%vs 2020
William Blackburn
Assistant VICE Chairman
$21,000
$21,000 from orgNo related compNo other comp
＋22.8%vs 2020
Nancy Beltz
Assistant Treasurer
$17,500
$17,500 from orgNo related compNo other comp
Contractors
New in 2021
Market & Johnson
Building Contractor
$1,219,216
New in 2021
Act Appraisal Inc.
Appraisals for Mortgage Loans
$903,220
New in 2021
Kopelowitz Ostrow PA
Attorney/Legal
$360,000
New in 2021
Class Valuation LLC
Appraisals for Mortgage Loans
$330,058
New in 2021
Royal Construction Inc.
Building Contractor
$307,201
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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