NonprofitsConsumers Credit Union

Consumers Credit Union

GURNEE, IL

Total revenue

$255.3M

Total expenses

$244.1M

Net assets

$333.1M

Grants received

EIN

361936022

Tax year

2024

Mission

Consumers CU has been member owned since 1930. Currently we have 263,460 members. We provide lower loan rates, higher savings rates, lower fees and other financial services to our members to help them achieve their financial success. The People in your Corner.

Programs

3 programs

Provide Deposit Services to our members Products include: Savings, Checking, Money Market, Certificate of Deposits, IRA, and Commercial Accts. Members have $3,289,345,964 in total deposits. Paid members $61,506,197 in dividends during 2024.

We offer lower loan rates, lower fees, higher deposit rates on savings, CD's, and Checking accounts. We have lower fees-service charges on our products. We offer free Educational Seminars to members and non-members.

total expenses for CCU see part ix for detail

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$207.1M
Investment income$48.2M
Other revenue
Total revenue$255.3M

Expenses

Grants paid
Salaries & benefits$47.7M
Fundraising
Other expenses$196.4M
Total expenses$244.1M
Total assets$4.0B
Net assets$333.1M

People

34 listed

NameRoleCompensation

Sean Rathjen

CEO

Board

$1.7M

40 hrs/wk

Sean Bowers

CFO

Board

$526K

40 hrs/wk

Saba Shibberu

Board of Director

Board

2 hrs/wk

Demar Harris

Board of Director - Vice Chairperson

Board

3 hrs/wk

James Mahnich Sr

Associate Director

Board

2 hrs/wk

George Abraham

Associate Director

Board

2 hrs/wk

Derek Christopher

Associate Director

Board

2 hrs/wk

Dr Angela Smith

Board of Director

Board

2 hrs/wk

David Kintz

Board of Director

Board

2 hrs/wk

Miten Champaneri

Associate Director

Board

2 hrs/wk

Melanie Meidel

Associate Director

Board

2 hrs/wk

James Roche

Nomination Committee

Board

1 hrs/wk

Tricia Strong

Committee Member

Board

1 hrs/wk

Scott Drabicki

Board of Director - Chairperson

Board

5 hrs/wk

John Fiore

Board of Director

Board

2 hrs/wk

Frank Soyka

Board of Director - Treasurer

Board

3 hrs/wk

Denise Charts

Board of Director - Secretary

Board

3 hrs/wk

Spiro Giotis

Board of Director

Board

2 hrs/wk

Kenneth Robinson

Board of Director - Supervisory Committee Chairperson

Board

2 hrs/wk

John Janezic

Board of Director

Board

2 hrs/wk

Francine Frankie Masi

Board of Director

Board

2 hrs/wk

William Attea

Board of Director

Board

2 hrs/wk

Spirdoula Mavrothalastis

Board of Director - At Large

Board

3 hrs/wk

Bob Hubberts

Board of Director - Finance Committee Chairperson

Board

2 hrs/wk

Michael Murphy

President

Staff

$1.1M

40 hrs/wk

Dan Nerroth

CIO/COO

Staff

$498K

40 hrs/wk

Dave Valentine

Chief Experience Officer/CLO

Staff

$445K

40 hrs/wk

Adam Saper

CLO

Staff

$431K

40 hrs/wk

Cheryl Kubas

CPO

Staff

$409K

40 hrs/wk

MaryFran Callahan

CRO

Staff

$395K

40 hrs/wk

John Pawlowski

VP Accounting

Staff

$375K

4 hrs/wk

Matt Hancock

VP Commercial

Staff

$330K

40 hrs/wk

Christine Stotland

VP Retail Sales & Service

Staff

$322K

40 hrs/wk

Michael Cublic

VP Loans

Staff

$270K

40 hrs/wk

Details

EIN361936022
Subsection14
Ruling date1980-01
Formed1930
Employees593
Volunteers22
CONSUMERS CREDIT UNION — Mission, Financials & Grants Received | Grantivo