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Filing year 2024

EXTRA CREDIT UNION

Warren, Michigan·EIN 38-1536749·14
Total revenue
$26.1M
Total assets
$317.8M
Total expenses
$21.9M
Reported officers
15
Mission

TO ENHANCE THE FINANCIAL WELL-BEING OF MEMBERS AND POTENTIAL MEMBERS BY PROVIDING QUALITY, VALUE, AND CONVENIENCE IN OUR PRODUCTS AND SERVICES WHICH PROMOTES MEMBER CONFIDENCE AND LOYALTY WHILE MAINTAINING FINANCIAL STABILITY.

Executive compensation, broken down

Form 990 · Schedule J · 8 reported individuals · Filing year 2024

Base
$400k
Bonus
$167k
Other
$15k
Benefits
$37k
VP of Finance
vice president
$317k
$335k
Base
$215k
Bonus
$72k
Other
$2k
Benefits
$24k
VP of Member Services
vice president
$262k
$277k
Base
$171k
Bonus
$61k
Other
$6k
Benefits
$25k
AVP Finance
highest compensated employee
$200k
$211k
Base
$138k
Bonus
$32k
Other
$4k
Benefits
$23k
VP of Marketing
vice president
$165k
$174k
Base
$120k
Bonus
$25k
Other
$491
Benefits
$17k
AVP of Risk
highest compensated employee
$156k
$164k
Base
$100k
Bonus
$26k
Other
$7k
Benefits
$20k
IT Manager
highest compensated employee
$155k
$163k
Base
$124k
Bonus
$21k
Other
$91
Benefits
$8k
Aavp Member Relatioship
highest compensated employee
$152k
$160k
Base
$110k
Bonus
$17k
Other
$1k
Benefits
$22k

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 7 unpaid individuals.

Up 5%
from 2023

From $594k in 2023 to $625k in 2024.

$594k
2023
$625k
2024
In today's dollarsEst.
Up 2% in real terms$646k to $660k

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

EXTRA CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$24.2M
$19.2M
2023
$26.1M
$21.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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