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Filing year 2024

CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN

Royal Oak, Michigan·EIN 38-1627404·14
Total revenue
$19.6M
Total assets
$357.7M
Total expenses
$18.4M
Reported officers
10
Mission

AS A MEMBER-OWNED FINANCIAL COOPERATIVE WE WILL UPHOLD THE HIGHEST STANDARDS IN OUR RELATIONSHIPS WITH MEMBERS EMPLOYEES AND THE COMMUNITY. WE WILL MAINTAIN EARNINGS AND RESERVES WHICH PROMOTE SOUND GROWTH AND ENCOURAGE MEMBER CONFIDENCE.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

$280k
$296k
Base
$260k
Bonus
Other
$20k
Benefits
Chief Experience Officer
officer (unspecified)
$165k
$174k
Chief Lending Officer
officer (unspecified)
$165k
$174k
Chief Financial Officer
$165k
$174k

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 6 unpaid individuals.

Up 4%
from 2023

From $270k in 2023 to $280k in 2024.

$270k
2023
$280k
2024
In today's dollarsEst.
Up 1% in real terms$294k to $296k

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
$19M
$17.4M
2023
$19.6M
$18.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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