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Filing year 2024

FINANCIAL PLUS CREDIT UNION

Flint, Michigan·EIN 38-1439120·14
Total revenue
$90.3M
Total assets
$1.4B
Total expenses
$78.3M
Reported officers
22
Mission

COMMITMENT TO ENHANCING THE FINANCIAL WELL-BEING OF OUR MEMBERS! PASSION FOR SERVICE! DEDICATION TO ENRICHING THE COMMUNITIES WE SERVE!

Executive compensation, broken down

Form 990 · Schedule J · 11 reported individuals · Filing year 2024

$734k
$790k
Base
$510k
Bonus
$145k
Other
$18k
Benefits
$23k
Integration Advisor
board member
$427k
$459k
Base
$369k
Bonus
Other
$8k
Benefits
$16k
Base
$273k
Bonus
$61k
Other
$16k
Benefits
$23k
SVP of Lending
senior vice president
$282k
$304k
Base
$197k
Bonus
$38k
Other
Benefits
$21k
SVP of People and Retail D
senior vice president
$277k
$298k
Base
$196k
Bonus
$38k
Other
Benefits
$17k
Director of Business Servi
highest compensated employee
$212k
$228k
Base
$134k
Bonus
$38k
Other
Benefits
$20k
SVP of Operations
senior vice president
$211k
$227k
Base
$153k
Bonus
$19k
Other
Benefits
$21k
SVP of Tech and Innovation
senior vice president
$196k
$211k
Base
$141k
Bonus
$18k
Other
Benefits
$19k
VP of Mortgage Lending
vice president
$193k
$207k
Base
$126k
Bonus
$29k
Other
Benefits
$18k
Director of IT
chief information officer
$189k
$203k
Base
$142k
Bonus
$13k
Other
Benefits
$16k
VP of Technology
vice president
$160k
$172k
Base
$132k
Bonus
$10k
Other
Benefits
$10k

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 11 unpaid individuals.

Down 38%
from 2023

From $1.2M in 2023 to $734k in 2024.

$1.2M
2023
$734k
2024
In today's dollarsEst.
Down 40% in real terms$1.3M to $790k

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.

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

Revenue and expenses over time

FINANCIAL PLUS CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$76.2M
$66.7M
2023
$90.3M
$78.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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