Charles Friederichs
CHIEF EXECUTIVE OFFICER at MAGNIFI FINANCIAL CREDIT UNION · MN
$1.2M
Peak Total Compensation
8
Years Tracked
16x
vs. Median Household
Charles Friederichs has appeared in compensation disclosures over 8 years of available data (2017–2024). Total compensation changed from $412,509 to $1,234,830 - a 199.3% increase.
Peak total compensation of $1,234,830 equals 16x the median U.S. household income ($75,000).
Compensation History
Year-by-Year Detail
| Year | Organization | Title | Compensation | Other | Total |
|---|---|---|---|---|---|
| 2024 | MAGNIFI FINANCIAL CREDIT UNION | CHIEF EXECUTIVE OFFICER | $1,132,433 | $102,397 | $1,234,830 |
| 2023 | MAGNIFI FINANCIAL CREDIT UNION | CHIEF EXECUTIVE OFFICER | $962,577 | $96,240 | $1,058,817 |
| 2022 | MAGNIFI FINANCIAL CREDIT UNION | CHIEF EXECUTIVE OFFICER | $822,773 | $87,042 | $909,815 |
| 2021 | CENTRAL MINNESOTA CREDIT UNION | CHIEF EXECUTIVE OFFICER | $745,845 | $82,927 | $828,772 |
| 2020 | CENTRAL MINNESOTA CREDIT UNION | CHIEF EXECUTIVE OFFICER | $664,315 | $79,476 | $743,791 |
| 2019 | CENTRAL MINNESOTA CREDIT UNION | CHIEF EXECUTIVE OFFICER | $815,802 | $75,864 | $891,666 |
| 2018 | CENTRAL MINNESOTA CREDIT UNION | CHIEF EXECUTIVE OFFICER | $383,880 | $72,976 | $456,856 |
| 2017 | CENTRAL MINNESOTA CREDIT UNION | CHIEF OPERATIONS OFFICER | $346,403 | $66,106 | $412,509 |
Peers at MAGNIFI FINANCIAL CREDIT UNION
| Name | Title | Peak Comp. |
|---|---|---|
| Richard Odenthal | CHIEF EXECUTIVE OFFICER | $1.8M |
| Nadine Rieland | CHIEF HUMAN RESOURCES OFFI | $1.2M |
| Bernard Brixius | COO | $1.2M |
| Greg Misterman | CHIEF CREDIT OFFICER | $746K |
| Neal Kaderabek | CHIEF DIGITAL/INFO OFFICER | $643K |
| Stephanie Mayers | FINANCIAL ADVISOR | $523K |
| Ross Bloomquist | CHIEF EXPERIENCE OFFICER | $515K |
| Nancy Roske | CHIEF ADMIN OFFICER | $464K |
| Andrea Kraska | CHIEF OPERATIONS OFFICER | $422K |
| Matt Noska | CHIEF PEOPLE OFFICER | $398K |
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