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Governance Register
US nonprofit · EIN 362479293 · Chicago, ILiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 362479293) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe time served.Latest return IRS Form 990 series e-file data - 990 for the year to 31 December 2025: assets, liabilities, staff, website, telephone, pay.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue. Not a statement that the organisation is recruiting.Licence US Federal Government public domain.How we handle data

U S Employees Credit Union's network

7 people2 organisationsi7 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (7). Violet dotted lines (2) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.

The board

7 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 7 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
Paul E Durbak ChairChairman2018
8 yrs
Cherie McClendonDirector2018
8 yrs
Eric StiegelCU CEO/Board Treasurer2018
8 yrs
John KuckDirector2018
8 yrs
Michael MyersDirector2019
7 yrs
Stephen Slamar (also filed as Steve Slamar)Director2018
8 yrs
Therese AndersonVice-Chairman/Secretary2018
8 yrs
Under 5 years5 to 6 years6 years or more

Officers and senior leadership

3 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.
NameTitle as filedOn the filings
Frank NicholsonChief Financial Officersince 2018
John MorinVP-Information Technologysince 2018
Nilda R PadinChief Operating Officersince 2018

Pay and hours

year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Eric StiegelCU CEO/Board Treasurer40$491k$58k
Frank NicholsonChief Financial Officer40$276k$31k
Nilda R PadinChief Operating Officer40$273k$37k
John MorinVP-Information Technology40$208k$24k
Paul E DurbakChairman2$0
Therese AndersonVice-Chairman/Secretary2$0
Michael MyersDirector2$0
John KuckDirector2$0
Steve SlamarDirector2$0
Cherie McClendonDirector2$0

About

Legal name
U S Employees Credit Union
EIN
362479293
Address
230 S Dearborn St Ste 2962, Chicago, IL, 60604-1592
State
Illinois
Mission
Illinois state chartered credit union operated for the mutual benefit of its members. The Credit Union makes loans to members and pays dividends to members with share deposits at a competitive rate of interest. (as filed on the Form 990)
Activity (NTEE)
W61 Public and societal benefit
IRS classification
501(c)14 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Public & Societal Benefit
Size band
9 (IRS master file code)
Formed
1953
Principal officer
Eric Stiegel (as named on the Form 990)
IRS ruling date
1 October 2001
Status
Code 01 (unconditional exemption)
Form 990 filings on record
7, latest 2025

Most connected

Longest observed on the filings

≥8years on the filingsPaul E Durbak
≥8years on the filingsCherie McClendon
≥8years on the filingsEric Stiegel
≥8years on the filingsJohn Kuck

Latest return

year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.
Total assets
$101.5m
Total liabilities
$88.6m
Net assets or fund balances
$12.9m
Contributions and grants received
$0
Program service revenue
$3.2m
Employees
17
Volunteers
6