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Organizations St Mary's Credit Union Inc.

St Mary's Credit Union Inc.

Fiscal year ending 2020. Filed on March 10, 2021.

PO Box 729
Marlborough, Massachusetts 01752

St Mary's Credit Union Inc. (EIN: 04-1802000) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, St Mary's Credit Union Inc., a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 20 out of 140 total employees. Among the employees shown here, the average compensation is $207,048. The highest compensated employee at St Mary's Credit Union Inc. is James Garvey with fiscal year 2020 compensation of $744,023.

Revenue, expenses, and employee compensation

Revenue

$32,685,266

Expenses

$28,654,490

Employee compensation

$11,656,869
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

James Garvey
President and Chief Executive Officer
$744,023
$508,493 No related comp$235,530
Larissa Thurston
Chief Financial Officer and Chief Operating Officer
$321,717
$261,801 No related comp$59,916
Nabil Farooq
Senior Vice President - Senior Commercial LE
$270,138
$219,292 No related comp$50,846
James Petkewich
Senior Vice President Retail
$241,790
$187,766 No related comp$54,024
Christopher Mancini
Senior Vice President IT and PMO
$236,162
$191,353 No related comp$44,809
Melissa Eagles
Vice President, Real Estate Lending
$207,645
$150,925 No related comp$56,720
John Hendriske
Senior Vice President Consumer Lending
$194,204
$159,268 No related comp$34,936
Sherrie Leboeuf
Senior Vice President, Human Resources
$188,376
$147,593 No related comp$40,783
Maria Mendoza
Mortgage Loan Originator
$182,522
$155,322 No related comp$27,200
Armand Fernandez
Vice President Small Business Lending
$181,900
$142,884 No related comp$39,016
Sarah Day
Vice President Commercial LOAN Office
$181,346
$133,943 No related comp$47,403
Karen Mitchell
Mortgage Loan Originator
$179,148
$135,974 No related comp$43,174

Benchmark Employee Compensation

Non-Employee Board Members

Brian Bouvier
Director
$5,885
$5,885 No related compNo other comp
Gerard P Richer
Chair and Director
$5,885
$5,885 No related compNo other comp
Sandra Farrell
Director
$5,885
$5,885 No related compNo other comp
Karen Gadbois
Director
$4,822
$4,822 No related compNo other comp
Philippe Bouvier
Director
$2,624
$2,624 No related compNo other comp
David Brumby
Director
$1,890
$1,890 No related compNo other comp
Joseph Bane
Director
No compensation reported
Kevin M Mallett
Director
No compensation reported
Richard P Valarioti
Director
No compensation reported
Thomas H Wellen
Director
No compensation reported
James F Toohey
Director
No compensation reported

Mission Statement

TO PROVIDE OUR MEMBERS/OWNERS WITH SUPERIOR FINANCIAL PRODUCTS AND SERVICES WITH FAVORABLE PRICING DELIVERED THROUGH ATTENTIVE, CONVENIENT AND COST-EFFECTIVE DELIVERY CHANNELS WHILE MAINTAINING A STRONG AND SAFE FINANCIAL CONDITION.

Revisions to this organization profile

March 26, 2025:
2024 St Mary's Credit Union Inc. 990 filed
March 26, 2024:
2023 St Mary's Credit Union Inc. 990 filed
March 20, 2023:
2022 St Mary's Credit Union Inc. 990 filed

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