NonprofitsCredit Unions Chartered By The State Of Michigan

Credit Unions Chartered By The State Of Michigan

FARMINGTON HILLS, MI

Total revenue

$124.8M

Total expenses

$118.2M

Net assets

$154.2M

Grants received

EIN

380960035

Tax year

2024

Mission

Community choice credit union is a member owned, not-for-profit financial cooperative committed to serving as a trusted advisor to our members. We are dedicated to improving the financial lives of our members and quality of life for the communities we serve in michigan. We recognize four main core values that we strive to deliver with every experience: committed, charitable, credible, and united.

Programs

2 programs

Deposits: our members deposited over $1.5 billion with us in savings, checking, business, and investment accounts including ira and cds.

Digital access: in support of our strategic focus on digital together, we upgraded many of our atm machines to itm machines. We upgraded communication systems to include a more robust online chat, video calls, and co-browsing. We increased accessibility by making loan payments available via text from accounts held anywhere; and we implemented same day electronic payments.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$112.1M
Investment income$10.5M
Other revenue$2.2M
Total revenue$124.8M

Expenses

Grants paid$15K
Salaries & benefits$42.0M
Fundraising
Other expenses$76.2M
Total expenses$118.2M
Total assets$1.8B
Net assets$154.2M

People

26 listed

NameRoleCompensation

ROBERT BAVA

CEO

Board

$1.2M

40 hrs/wk

DANIEL MUNRO

COO/EVP

Board

$555K

40 hrs/wk

KELLI WISNER-FRANK

CFO

Board

$408K

40 hrs/wk

TERESA MAYER

CLO

Board

$407K

40 hrs/wk

DONNA SIEJUTT

CHRO

Board

$333K

40 hrs/wk

JENNIFER LYNN HURREN

SVP CHIEF DIGITAL OFFICER

Board

$330K

40 hrs/wk

BRIAN WILSON

CHAIRPERSON

Board

1 hrs/wk

TIMOTHY WELCER

DIRECTOR

Board

1 hrs/wk

MICHAEL FAHMY

DIRECTOR

Board

1 hrs/wk

CHERYL MARKS

DIRECTOR

Board

1 hrs/wk

TIMOTHY CROSSON

VICE CHAIRPERSON

Board

1 hrs/wk

KATHLEEN BONUTTI

TREASURER

Board

1 hrs/wk

THOMAS COOK

SECRETARY

Board

1 hrs/wk

MARY MIKO

DIRECTOR

Board

1 hrs/wk

ONEATA BAILEY

DIRECTOR

Board

1 hrs/wk

WENDI DIACONO

WEALTH ADVISOR

Staff

$534K

40 hrs/wk

DONNA BASHI

VP BUSINESS DEVELOPMENT

Staff

$382K

40 hrs/wk

BRENT LOWELL

SR BUSINESS RELATIONSHIP MANAGER

Staff

$331K

40 hrs/wk

ELIZABETH ANNE SPADAFORE

SR BUSINESS RELATIONSHIP MANAGER

Staff

$324K

40 hrs/wk

JENNY LUDWIGSEN

VP MARKETING

Staff

$268K

40 hrs/wk

CARLINGTON BUCKNOR

VP TECHNOLOGY

Staff

$262K

40 hrs/wk

JEFFREY DUBEY

VP RISK MANAGEMENT

Staff

$258K

40 hrs/wk

BARBARA BABINGTON

VP LENDING

Staff

$249K

40 hrs/wk

BRIAN WILSON

VP RETAIL DELIVERY

Staff

$247K

40 hrs/wk

FREDERICK MARSZALEC

BUSINESS RELATIONSHIP MANAGER

Staff

$217K

40 hrs/wk

JASON CAIN

VP DIGITAL

Staff

$202K

40 hrs/wk

Independent contractors

ANCHOUR CREATIVE

MARKETING

$4.7M

MEMBER DRIVEN TECHNOLOGIES

SOFTWARE/TECHNOLOGY SERVICES

$2.6M

Q2 SOFTWARE INC

DIGITAL BANKING

$1.5M

ROAMING HUNGER LLC

MARKETING SERVICES

$1.1M

FIRST CLOSE INC

MORTGAGE SERVICING

$574K

Details

EIN380960035
Subsection14
Ruling date1956-10
Formed1935
Employees503
Volunteers9
CREDIT UNIONS CHARTERED BY THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo