David Maus, the CEO of the 131,000-member, $1.1 billion Public Service Employees Credit Union in Denver, was paid more than $9.8 million for his work in 2010, according to the Form 990 for the year that the credit union filed with the Internal Revenue Service.
The form also indicated Maus received more than $1.2 million in additional compensation from related organizations, lifting his overall pay for the year to above $11 million.
This makes Maus significantly more highly compensated than the average chief executive at a credit union or bank of a similar size, according to the most recent survey by the firm Executive Compensation Solutions and a similar survey conducted by the American Bankers Association.
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