NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

TRAVERSE CITY, MI

Total revenue

$20.8M

Total expenses

$16.2M

Net assets

$51.2M

Grants received

EIN

381602298

Tax year

2024

Mission

To serve the community and build trusted relationship

Programs

2 programs

The credit union provides a variety of loans to members including real estate, credit card, vehicle and other. The total number of loans outstanding at 12/31/2024 was 13,449.

Offer automated teller machines, debit cards, money orders, safe deposit boxes, bill payment, travelers checks, digital wallet-apple, google pay, samsung pay and various insurance programs.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$18.6M
Investment income$2.1M
Other revenue$54K
Total revenue$20.8M

Expenses

Grants paid$18K
Salaries & benefits$6.3M
Fundraising
Other expenses$9.8M
Total expenses$16.2M
Total assets$368.9M
Net assets$51.2M

People

14 listed

NameRoleCompensation

KAREN BROWNE

CEO

Board

$349K

40 hrs/wk

MING MAYS

Director

Board

$162K

40 hrs/wk

CHRISTOPHER MILLIRON

Vice President

Board

$158K

40 hrs/wk

STACYANN SMITH

CFO

Board

$148K

40 hrs/wk

MEGHAN CHENOWETH

Vice President

Board

$137K

40 hrs/wk

CARRIE EPPINGER

Director

Board

$134K

40 hrs/wk

ABBY SMITH

Director

Board

$117K

40 hrs/wk

KATHERING WALKER-TELMA

Treasurer

Board

1 hrs/wk

ADAM BEVIER

Director

Board

1 hrs/wk

DAN BRADY

Director

Board

1 hrs/wk

KATHLEEN DOUGLAS

Secretary

Board

1 hrs/wk

KYLE ATTWOOD

Director

Board

1 hrs/wk

DAVE SEMAN

Chairman

Board

1 hrs/wk

JESSICA YOUNG

Director

Board

1 hrs/wk

Independent contractors

FINANCIAL SYSTEMS CORP

ITM Machines/Software

$644K

CUAnswers

DATA PROCESSING

$557K

Blue Care Network

HEALTH CARE INSURANCE

$395K

FIS

CARD PROCESSOR

$276K

VDA Labs

CYBER-SECURITY SOLUTION

$221K

Details

EIN381602298
Subsection14
Ruling date1956-10
Formed1955
Employees88
Volunteers7
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo