Credit Unions in the State of Alabama Family Savings Credit Union
Rainbow City, AL · EIN 63-0355713 · Rank 6,296 by total revenue
To provide thrift opportunities and low cost loans to members
Money, Form 990 for tax year 2024
- Total revenue
- $83,393,539
- Total expenses
- $76,035,896
- Total assets
- $1,043,596,288
- Salary base (all salaries and wages)
- $17,761,501
- Salaries, other pay and benefits
- $24,834,308
- Employees
- 218
- Salary base per employee
- $81,475
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (13)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Danny Varnon | PRESIDENT/CEO | Officer | 38 | $625,453 |
| Curtis Letson | EXECUTIVE VICE PRESIDENT | Officer | 38 | $408,371 |
| Deborah Gray | CHIEF FINANCIAL OFFICER | Officer | 38 | $364,171 |
| Robert Rayburn | CHIEF LENDING OFFICER | Officer | 38 | $338,248 |
| Jonathan Roland | CHEIF INFORMATION OFFICER | Officer | 38 | $227,104 |
| Lesli Bishop | CHIEF MARKETING OFFICER | Officer | 38 | $210,852 |
| Hacky Jaggers | SECRETARY | Board | 2 | $1,116 |
| Lp Williamson | BOARD CHAIR | Board | 2 | None reported |
| Bill Willard | VICE CHAIRMAN | Board | 2 | None reported |
| Wally Burns | DIRECTOR | Board | 2 | None reported |
| Randel Mountain | DIRECTOR | Board | 2 | None reported |
| Ronnie Reed | DIRECTOR | Board | 2 | None reported |
| James Wilkes | TREASURER | Board | 2 | None reported |
Top 10 paid people listed
These 10 people received $3,786,103, which is 21.3% of the $17,761,501 salary base shared by 218 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| John Riddle | COMMERCIAL LENDER | Highly paid employee | 38 | $725,187 | $0 | $33,830 | $759,017 |
| Danny Varnon | PRESIDENT/CEO | Officer | 38 | $567,097 | $0 | $58,356 | $625,453 |
| Curtis Letson | EXECUTIVE VICE PRESIDENT | Officer | 38 | $341,487 | $0 | $66,884 | $408,371 |
| Amy Jackson | MORTGAGE SERVICES DIRECTOR | Highly paid employee | 38 | $323,058 | $0 | $54,097 | $377,155 |
| Deborah Gray | CHIEF FINANCIAL OFFICER | Officer | 38 | $303,179 | $0 | $60,992 | $364,171 |
| Robert Rayburn | CHIEF LENDING OFFICER | Officer | 38 | $283,478 | $0 | $54,770 | $338,248 |
| Marcie Riddle | DIRECTOR OF BUSINESS SERVI | Highly paid employee | 38 | $161,462 | $0 | $85,802 | $247,264 |
| Chelsea McCary | COMMERCIAL LOAN ASSISTANT | Highly paid employee | 38 | $182,904 | $0 | $45,564 | $228,468 |
| Jonathan Roland | CHEIF INFORMATION OFFICER | Officer | 38 | $169,364 | $0 | $57,740 | $227,104 |
| Lesli Bishop | CHIEF MARKETING OFFICER | Officer | 38 | $167,796 | $0 | $43,056 | $210,852 |
Sources
- IRS e-file return 202523119349302797 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 63-0355713
- Organization website (as filed): www.familysavingscu.com