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Filing year 2024

CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN

Dearborn, Michigan·EIN 38-1350130·14
Total revenue
$270.9M
Total assets
$6.7B
Total expenses
$228.1M
Reported officers
19
Mission

Highly personalized service, easy to understand, financial expertise offering a full range of financial services and products.

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

Financial Consultant
highest compensated employee
$1.6M
$1.6M
Base
$1.6M
Bonus
Other
Benefits
$24k
Base
$895k
Bonus
$507k
Other
Benefits
$26k
Financial Consultant
highest compensated employee
$613k
$648k
Base
$613k
Bonus
Other
Benefits
$26k
Florida Market & Chief Cl Officer
key employee
$573k
$605k
Base
$393k
Bonus
$180k
Other
Benefits
$18k
Chief Retail Service Officer
key employee
$555k
$586k
Base
$370k
Bonus
$185k
Other
Benefits
$16k
Base
$379k
Bonus
$175k
Other
Benefits
$24k
CIO
chief information officer
$553k
$584k
Base
$368k
Bonus
$185k
Other
Benefits
$19k
President Dfcu Financial Partners
highest compensated employee
$510k
$538k
Base
$163k
Bonus
$347k
Other
Benefits
$24k
Financial Consultant
highest compensated employee
$500k
$528k
Base
$500k
Bonus
Other
Benefits
$17k
Financial Consultant
highest compensated employee
$496k
$523k
Base
$496k
Bonus
Other
Benefits
$18k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Up 10%
from 2023

From $1.4M in 2023 to $1.6M in 2024.

$1.4M
2023
$1.6M
2024
In today's dollarsEst.
Up 7% in real terms$1.5M to $1.6M

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN reported revenue and expenses across 2 filing years.

RevenueExpenses
$237.7M
$188.8M
2023
$270.9M
$228.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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