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Filing year 2023

CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN

Kalamazoo, Michigan·EIN 38-1686050·14
Total revenue
$183.1M
Total assets
$3B
Total expenses
$148.2M
Reported officers
19
Mission

PROVIDE COMPETITIVE DEPOSIT AND LOAN PRODUCTS TO OUR MEMBERSHIP BASE.

Executive compensation, broken down

Form 990 · Schedule J · 11 reported individuals · Filing year 2023

$1M
$1.1M
Base
$636k
Bonus
$88k
Other
$25k
Benefits
$34k
Chief Lending Officer
key employee
$463k
$511k
Base
$300k
Bonus
$52k
Other
$7k
Benefits
$24k
Chief Operating Officer
$460k
$508k
Base
$301k
Bonus
$52k
Other
$3k
Benefits
$22k
Chief Financial Officer
$323k
$357k
Base
$272k
Bonus
$31k
Other
$1k
Benefits
$14k
Chief People Officer
key employee
$271k
$299k
Base
$225k
Bonus
$23k
Other
$7k
Benefits
$4k
Commercial Lending Manager
highest compensated employee
$256k
$283k
Base
$115k
Bonus
$114k
Other
$3k
Benefits
$17k
Chief Retail Officer
key employee
$250k
$276k
Base
$202k
Bonus
$18k
Other
$913
Benefits
$19k
VP of Indirect Services
vice president
$246k
$272k
Base
$141k
Bonus
$75k
Other
$5k
Benefits
$17k
VP of IT
vice president
$235k
$259k
Base
$167k
Bonus
$24k
Other
$2k
Benefits
$33k
VP of Commercial Services
vice president
$222k
$246k
Base
$177k
Bonus
$24k
Other
$2k
Benefits
$12k
VP of Marketing
vice president
$207k
$229k
Base
$167k
Bonus
$22k
Other
$8k
Benefits
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

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