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Organizations The Southern Credit Union

The Southern Credit Union

Fiscal year ending 2020. Filed on October 22, 2021.

430 East Lanier Avenue
Fayetteville, Georgia 30214

The Southern Credit Union (EIN: 58-0905515) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, The Southern Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 9 out of 101 total employees. Among the employees shown here, the average compensation is $389,387. The highest compensated employee at The Southern Credit Union is Ray Hull with fiscal year 2020 compensation of $1,362,472.

Revenue, expenses, and employee compensation

Revenue

$17,277,738

Expenses

$15,166,521

Employee compensation

$7,793,155
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ray Hull
Chief Executive Officer and Treasurer
$1,362,472
$1,012,567 No related comp$349,905
Trisha Sherpy
Executive Vice President
$468,118
$323,376 No related comp$144,742
Jim Phillips
Chief Financial Officer
$467,650
$323,642 No related comp$144,008
James Richards
Vice President of Mortgages
$274,635
$219,700 No related comp$54,935
Barry Griffin
Vice President of Branch Services
$219,356
$167,672 No related comp$51,684
Samuel Posey
Chief Information Officer
$215,532
$181,815 No related comp$33,717
John Purdy
Chief Lending Officer
$189,250
$170,200 No related comp$19,050
Keith Saltzman
Senior DATA Analyst
$171,270
$148,228 No related comp$23,042
Shannon Meserole
Vice President, Risk Management
$136,203
$124,224 No related comp$11,979

Benchmark Employee Compensation

Non-Employee Board Members

Wilton Marchman
Vice Chair
$11,400
$11,400 No related compNo other comp
Randy Hobbs
Director
$11,400
$11,400 No related compNo other comp
Robert Matthews
Director
$11,400
$11,400 No related compNo other comp
John Rick Halbert
Secretary
$11,400
$11,400 No related compNo other comp
Morris Kelly
Chair
$11,400
$11,400 No related compNo other comp
Michael Foran
Director
$11,400
$11,400 No related compNo other comp

Contractors

Fiserv
Card and Core Processing
$994,448
Digital Insight
Homebanking
$719,116
Crippen Woodworks
Construction
$336,416
Bitdiamond Communications Solutions
Statement Processor
$219,917
Dieboldnixdorf
ATM and ATM
$192,513

Mission Statement

AS A STATE-CHARTERED CREDIT UNION, WE PROVIDE THRIFT SAVINGS, LOANS AND OTHER FINANCIAL SERVICES TO OUR MEMBERS.

Revisions to this organization profile

October 6, 2025:
2024 The Southern Credit Union 990 filed
October 2, 2024:
2023 The Southern Credit Union 990 filed
September 18, 2023:
2022 The Southern Credit Union 990 filed

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