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Filing year 2024

Michigan Legacy Credit Union

Wyandotte, Michigan·EIN 38-1295875·14
Total revenue
$12.7M
Total assets
$209.5M
Total expenses
$11.4M
Reported officers
13
Mission

MICHIGAN LEGACY CREDIT UNION IS COMMITTED TO BUILDING AND MAINTAINING RELATIONSHIPS UTILIZING HONESTY, INTEGRITY, AND TRUST TO BECOME OUR MEMBERS FIRST CHOICE FOR ALL FINANCIAL NEEDS.

Executive compensation, broken down

Form 990 · Schedule J · 5 reported individuals · Filing year 2024

Base
$250k
Bonus
$195k
Other
$2k
Benefits
$2k
Base
$234k
Bonus
$195k
Other
$1k
Benefits
$2k
VP of HR and Training
vice president
$129k
$136k
VP of Asset Recovery
vice president
$119k
$125k
VP of Data Analytics
vice president
$117k
$124k

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 8 unpaid individuals.

Up 78%
from 2023

From $260k in 2023 to $461k in 2024.

$260k
2023
$461k
2024
In today's dollarsEst.
Up 72% in real terms$283k to $487k

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

Michigan Legacy Credit Union reported revenue and expenses across 2 filing years.

RevenueExpenses
$11.5M
$10.7M
2023
$12.7M
$11.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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