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VELOCITY CREDIT UNION
VELOCITY CREDIT UNION
TX · EIN 741200165
32
Executives Disclosed
$61.7M
Annual Revenue
$1028.4M
Total Assets
4.3:1
Internal Pay Ratio
VELOCITY CREDIT UNION has 32 executives with disclosed compensation. The highest-paid executive, Debbie Mitchell (PRESIDENT/CEO), received peak total compensation of $1,366,397.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Debbie Mitchell | PRESIDENT/CEO | $1.4M | $954K | 2016–2021 | 18.2x |
| Deborah Mitchell | PRESIDENT/CEO | $1.0M | $1.0M | 2022–2024 | 13.9x |
| Lisa Back | EVP/CFO (LEFT 4/25/23) | $524K | $524K | 2016–2023 | 7x |
| Jack Jordan | EVP/COO | $451K | $451K | 2016–2021 | 6x |
| James Brown | EVP/CLO | $434K | $434K | 2022–2024 | 5.8x |
| Daniel Penberg | CIO | $310K | $310K | 2017–2024 | 4.1x |
| Cheri Hall | SR. VP OF HUMAN RESOURCES | $271K | $271K | 2016–2024 | 3.6x |
| Robert Cole | SR. VP OF DIGITAL & REMOTE | $266K | $266K | 2021–2024 | 3.5x |
| Austin Ahlrich | SR. VP OF OPERATIONS | $255K | $255K | 2023–2024 | 3.4x |
| Felix Gonzalez | SR. VP LENDING | $245K | $203K | 2017–2020 | 3.3x |
| Barbara Carol Cain | SR. VP OF MARKETING | $244K | $244K | 2020–2023 | 3.2x |
| Lindsey Record | VP MORTGAGE LENDING | $240K | $240K | 2022–2024 | 3.2x |
| Chris Clark | CFO | $233K | $233K | 2024–2024 | 3.1x |
| Greg Shaver | CLO | $233K | $233K | 2021–2021 | 3.1x |
| Kim Schaefer | SR VICE PRES. MEMBER SERVICES | $221K | $221K | 2019–2024 | 3x |
| Carol Cain | SR. VICE-PRES. MARKETING | $220K | $220K | 2016–2019 | 2.9x |
| Lindsey Putman | FORMER SR. VICE-PRES. RISK MANAGE | $214K | $214K | 2016–2017 | 2.9x |
| John Paul Sayers | FORMER SR. VICE-PRES. IT | $212K | $124K | 2016–2017 | 2.8x |
| Steve Langehennig | VP ACCOUNTING | $196K | $196K | 2018–2018 | 2.6x |
| Cheryl Blanco | FORMER SR. VICE-PRES. BRANCH SERV | $179K | $113K | 2016–2017 | 2.4x |
| Jose Luis Baralt | SR. VP RETAIL DELIVERY | $159K | $159K | 2017–2017 | 2.1x |
| James Chapman | DIRECTOR (LEFT 4/1/23) | $24K | $0 | 2016–2023 | 0.3x |
| Kasha Bartholomew | CHAIRPERSON | $15K | $0 | 2017–2024 | 0.2x |
| John Chomout | DIRECTOR | $15K | $0 | 2016–2024 | 0.2x |
| Lindsey J Putman | SECRETARY/TREASURER | $15K | $0 | 2020–2024 | 0.2x |
| Eric Wise | 1ST VICE CHAIR | $15K | $0 | 2022–2024 | 0.2x |
| Mary Paredes | DIRECTOR | $14K | $0 | 2016–2024 | 0.2x |
| Thomas Matthews | 2ND VICE CHAIR | $14K | $0 | 2016–2024 | 0.2x |
| Doug Skolaut | DIRECTOR | $13K | $0 | 2023–2024 | 0.2x |
| Xavier Zarate | DIRECTOR (UNTIL 3/22) | $12K | $0 | 2018–2022 | 0.2x |
| John Ross | DIRECTOR (UNTIL 10/22) | $11K | $0 | 2017–2022 | 0.1x |
| Carl Lynch | DIRECTOR | $7K | $0 | 2017–2020 | 0.1x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 12 | $251K | $464K | $2.0M |
| 2017 | 18 | $203K | $425K | $2.2M |
| 2018 | 16 | $320K | $781K | $2.6M |
| 2019 | 16 | $405K | $1.4M | $3.2M |
| 2020 | 17 | $329K | $930K | $2.6M |
| 2021 | 16 | $364K | $954K | $2.9M |
| 2022 | 17 | $318K | $907K | $2.5M |
| 2023 | 17 | $379K | $1.0M | $3.4M |
| 2024 | 16 | $363K | $1.0M | $3.3M |
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