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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 Wescom Central Credit Union

Wescom Central Credit Union

Fiscal year ending 2019. Filed on November 12, 2020.

123 South Marengo Avenue
Pasadena, California 91101

Wescom Central Credit Union (EIN: 95-1288265), also known as Wescom Credit Union, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Wescom Central Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 28 out of 919 total employees. Among the employees shown here, the average compensation is $445,421. The highest compensated employee at Wescom Central Credit Union is Darren Williams with fiscal year 2019 compensation of $2,335,766. Wescom Central Credit Union changed its name from Wescom Central Credit Union Dba Wescom Credit Union in 2019.

Revenue, expenses, and employee compensation

Revenue

$217,920,461

Expenses

$189,482,828

Employee compensation

$81,960,370
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Darren Williams
President and Chief Executive Officer
$2,335,766
$1,244,084 No related comp$1,091,682
Keith Pipes
Executive Vice President Lending and Financial SE
$1,206,325
$974,932 No related comp$231,393
Charles Thomas
Senior Vice President and Chief Lending Officer
$523,106
$411,306 No related comp$111,800
Kevin Sarber Until 52019
Senior Vice President TECH and Delivery
$517,250
$496,459 No related comp$20,791
Jonathon Allen
Senior Vice President Financial SVCS and Deposit Operation
$491,487
$407,276 No related comp$84,211
Irving Chiu Heng Yu
Senior Vice President, Finance and Chief Financial Officer
$484,583
$393,256 No related comp$91,327
Pan Kwe
SR Financial Advisor
$481,082
$441,501 No related comp$39,581
Deena Otto
Senior Vice President Payments and Digital Channels
$459,969
$385,910 No related comp$74,059
Melissa Pederson
Senior Vice President, Administration
$439,268
$375,999 No related comp$63,269
Ofelia Tellez
Loan Officer
$345,972
$311,302 No related comp$34,670
Jonathon Bauman
Vice President LOAN Servicing and Default Management
$332,040
$291,276 No related comp$40,764
Cindy Ching-Ching Law
Vice President, Finance
$328,145
$282,664 No related comp$45,481

Benchmark Employee Compensation

Non-Employee Board Members

Dan Kraus
Secretary
$12,000
$12,000 No related compNo other comp
Gina Friedrich
Board Member
$11,886
$11,886 No related compNo other comp
Noel Ross
Chair
$11,642
$11,642 No related compNo other comp
Virginia Panossian
Board Member
$11,162
$11,162 No related compNo other comp
Brad Selby
Board Member
$9,867
$9,867 No related compNo other comp
Ron Fischer
Treasurer
$9,822
$9,822 No related compNo other comp
Phil Perkins
Board Member
$9,000
$9,000 No related compNo other comp
Hani Bhimiji
Board Member
$6,434
$6,434 No related compNo other comp
David Perez
Board Member
$5,000
$5,000 No related compNo other comp
Javier Morales
Vice Chair
$4,357
$4,357 No related compNo other comp
Jeff Luong
Board Member
$1,692
$1,692 No related compNo other comp

Contractors

Grail Brand Design LLC
Advertising
$2,855,429
Securitas Security Services USA Inc.
Security
$724,667
Ropes Gray LLP
Legal
$347,379
Lereta LLC
Tax Contracts
$281,303
Crowe LLP
Audit
$200,970

Mission Statement

THE GENERAL MISSION OF THE CREDIT UNION IS TO PROMOTE THRIFT, HONESTY, INTEGRITY AND A SPIRIT OF SERVICE AMONG ITS MEMBERS. IN ADDITION, THE ORGANIZATION MAKES LOANS TO ITS MEMBERS AT REASONABLE RATES, INVESTS EXCESS LIQUIDITY PRUDENTLY AND WITHIN LIMITS AS PERMITTED BY CALIFORNIA LAW, AND ENGAGES IN ANY OTHER LAWFUL ACTIVITY NOT PROHIBITED BY APPLICABLE LAWS AND REGULATIONS.

Revisions to this organization profile

November 10, 2025:
2024 Wescom Central Credit Union 990 filed
November 15, 2024:
2023 Wescom Central Credit Union 990 filed
November 9, 2023:
2022 Wescom Central Credit Union 990 filed

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