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Filing year 2024

CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN

Auburn Hills, Michigan·EIN 38-1445060·14
Total revenue
$323.5M
Total assets
$5.3B
Total expenses
$237.2M
Reported officers
27
Mission

To promote thrift to 272,934 credit union members by providing financial services including various loan products, deposit accounts, such as checking, savings, IRAs and certificates of deposit; electronic services including mobile banking, online banking, e-statements, ATM and debit cards; and financial education programs and services

Executive compensation, broken down

Form 990 · Schedule J · 15 reported individuals · Filing year 2024

$3.4M
$3.5M
Base
$1.6M
Bonus
$1.7M
Other
$41k
Benefits
$9k
Chief Financial Officer
$551k
$582k
Base
$347k
Bonus
$127k
Other
$7k
Benefits
$18k
Business Loan
highest compensated employee
$507k
$536k
Base
$85k
Bonus
$388k
Other
$5k
Benefits
$3k
Mortgage Officer
highest compensated employee
$450k
$475k
Base
$24k
Bonus
$386k
Other
$554
Benefits
$12k
Mortgage Consultant
highest compensated employee
$352k
$372k
Base
$24k
Bonus
$288k
Other
Benefits
$15k
Chief Information Officer
chief information officer
$350k
$369k
Base
$251k
Bonus
$58k
Other
$5k
Benefits
$17k
SVP Remote Delivery Channels
senior vice president
$333k
$352k
Base
$215k
Bonus
$56k
Other
$5k
Benefits
$15k
VP Human Resources
vice president
$304k
$321k
Base
$219k
Bonus
$56k
Other
$5k
Benefits
$7k
VP of Lending
vice president
$284k
$299k
Base
$205k
Bonus
$54k
Other
Benefits
$8k
VP of Marketing
vice president
$266k
$281k
Base
$191k
Bonus
$51k
Other
$4k
Benefits
$4k
VP Risk Management
vice president
$265k
$279k
Base
$177k
Bonus
$54k
Other
$2k
Benefits
$17k
VP Sales and Service
vice president
$264k
$279k
VP of Real Estate Lending
vice president
$251k
$265k
Base
$183k
Bonus
$45k
Other
$4k
Benefits
$4k
Information Security Manager
highest compensated employee
$249k
$263k
Base
$187k
Bonus
$26k
Other
$4k
Benefits
$17k
Mortgage Consultant
highest compensated employee
$247k
$261k
Base
$24k
Bonus
$191k
Other
Benefits
$14k

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 12 unpaid individuals.

Up 14%
from 2023

From $3M in 2023 to $3.4M in 2024.

$3M
2023
$3.4M
2024
In today's dollarsEst.
Up 10% in real terms$3.2M to $3.5M

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
$255.1M
$173.6M
2023
$323.5M
$237.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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