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Organizations The Southern Credit Union

The Southern Credit Union

Fiscal year ending 2021. Filed on October 6, 2022.

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 2021 IRS Form 990 filing, The Southern Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 10 out of 91 total employees. Among the employees shown here, the average compensation is $433,352. The highest compensated employee at The Southern Credit Union is Ray Hull with fiscal year 2021 compensation of $1,102,726.

Revenue, expenses, and employee compensation

Revenue

$16,906,844

Expenses

$14,565,263

Employee compensation

$7,596,535
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ray Hull
Chief Executive Officer and Treasurer
$1,102,726
$891,813 No related comp$210,913
Trisha Sherpy
Executive Vice President
$1,093,802
$998,475 No related comp$95,327
Jim Phillips
Chief Financial Officer
$771,484
$672,802 No related comp$98,682
James Richards
Vice President of Mortgages
$284,625
$227,568 No related comp$57,057
Sam Posey
Chief Information Officer
$225,487
$199,812 No related comp$25,675
Barry Griffin
Vice President of Branch Services
$217,699
$163,162 No related comp$54,537
John Purdy
Chief Lending Officer
$194,063
$173,891 No related comp$20,172
Keith Saltzman
Senior DATA Analyst
$173,563
$146,616 No related comp$26,947
Shannon Meserole
Vice President, Risk Management
$140,069
$126,632 No related comp$13,437
Jason Montrois
Regional Market MGR
$130,000
$102,908 No related comp$27,092

Benchmark Employee Compensation

Non-Employee Board Members

Randy Hobbs
Director
$14,150
$14,150 No related compNo other comp
Wilton Marchman
Vice Chair
$14,150
$14,150 No related compNo other comp
Morris Kelly
Chair
$14,150
$14,150 No related compNo other comp
Robert Matthews
Director
$14,150
$14,150 No related compNo other comp
John Rick Halbert
Secretary
$14,150
$14,150 No related compNo other comp
Michael Foran
Director
$14,150
$14,150 No related compNo other comp

Contractors

Fiserv
Card and Core Processing
$1,127,415
Digital Insight
Homebanking
$743,681
Bitdiamond Communications Solutions
Statement Processor
$179,944

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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Southern Credit Union
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