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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations The Southern Credit Union

The Southern Credit Union

Fiscal year ending 2023. Filed on October 2, 2024.

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 2023 IRS Form 990 filing, The Southern Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 13 out of 94 total employees. Among the employees shown here, the average compensation is $332,675. The highest compensated employee at The Southern Credit Union is Ray Hull with fiscal year 2023 compensation of $1,295,311.

Revenue, expenses, and employee compensation

Revenue

$24,671,604

Expenses

$19,170,799

Employee compensation

$8,702,918
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ray Hull
Chief Executive Officer
$1,295,311
$1,076,880 No related comp$218,431
Jim Phillips
Executive Vice President
$647,625
$462,282 No related comp$185,343
Kris Trainor
Chief Financial Officer
$470,254
$375,552 No related comp$94,702
James Richards
Vice President of Mortgages
$322,754
$245,722 No related comp$77,032
John Purdy
Chief Lending Officer
$245,819
$206,067 No related comp$39,752
Tim Pless
Chief Technology Officer
$224,846
$196,772 No related comp$28,074
Barry Griffin
Vice President of Branch Services
$222,720
$183,912 No related comp$38,808
Keith Saltzman
Senior DATA Analyst
$192,661
$167,087 No related comp$25,574
Shannon Meserole
Vice President, Risk Management
$156,555
$141,860 No related comp$14,695
Amy Gay
Chief Marketing OFF
$156,092
$133,366 No related comp$22,726
Steven Richardson
Human Resources Director
$145,592
$116,071 No related comp$29,521
Jared Thompson
Vice President SR Regional MKT MGR
$125,266
$106,047 No related comp$19,219

Benchmark Employee Compensation

Non-Employee Board Members

Robert Matthews
Board Member
$16,800
$16,800 No related compNo other comp
John Halbert
Board Secretary
$16,800
$16,800 No related compNo other comp
Randy Hobbs
Board Member
$16,800
$16,800 No related compNo other comp
Michael Foran
Board Member
$16,800
$16,800 No related compNo other comp
Morris Kelly
Board Chair
$16,800
$16,800 No related compNo other comp
Wilton Marchman
Board Vice Chair
$16,800
$16,800 No related compNo other comp

Contractors

Fiserv
Card and Core Processing
$1,504,434
Digital Insight
Homebanking
$757,181
Bitdiamond Communications Solutions
Statement Processor
$216,136
Wallace Electric CO
Electrician
$209,470
Blackjack Paving
Paving
$187,114

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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