NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

SAGINAW, MI

Total revenue

$44.3M

Total expenses

$41.5M

Net assets

$68.4M

Grants received

$12K

1 grants

EIN

386066199

Tax year

2024

Mission

To meet the financial needs of the communities we serve and to make them stronger.

Programs

2 programs

Provide 31,480 loans including vehicle, overdraft protection, mortgage, home equity, signature, credit card, student, and recreational vehicle.

Offer automated teller machines, debit cards, wire transfers, money orders, bill payment, overdraft protection/courtesy pay and various insurance and investment programs.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$38.8M
Investment income$5.6M
Other revenue
Total revenue$44.3M

Expenses

Grants paid$19K
Salaries & benefits$14.7M
Fundraising
Other expenses$26.8M
Total expenses$41.5M
Total assets$750.7M
Net assets$68.4M

People

22 listed

NameRoleCompensation

DERRICK BARBER

PRESIDENT

Board

$478K

40 hrs/wk

ANNE ARRAND

CHIEF OPERATING OFFICER

Board

$207K

40 hrs/wk

REBECCA GERZSENY

CFO

Board

$145K

40 hrs/wk

VICTORIA BRYNOLF

CFO

Board

$72K

40 hrs/wk

REBECCA SANCHEZ

CHAIRPERSON

Board

1 hrs/wk

TIMOTHY FRITZ

VICE CHAIRPERSON

Board

1 hrs/wk

PETER TYSON

SECRETARY

Board

1 hrs/wk

CARL HAWKINS

TREASURER

Board

1 hrs/wk

PATRICK O'TOOLE

DIRECTOR

Board

1 hrs/wk

JAN TOLLEY

DIRECTOR

Board

1 hrs/wk

JAN ELBING

DIRECTOR

Board

1 hrs/wk

THERON WIGGIS

DIRECTOR

Board

1 hrs/wk

JIM FINKBEINER

DIRECTOR

Board

1 hrs/wk

DANA TELL

VICE PRESIDENT

Staff

$291K

40 hrs/wk

JOHN HYATT

SENIOR COMMERCIAL LENDER

Staff

$224K

40 hrs/wk

ALEKSANDER GORGIOSKI

CHIEF INFORMATION OFFICER

Staff

$185K

40 hrs/wk

TIMOTHY FERRIO

CHIEF EXPERIENCE OFFICER

Staff

$161K

40 hrs/wk

NANCY DAVIS

CHIEF LENDING OFFICER

Staff

$160K

40 hrs/wk

TAYLOR MURRAY

CEO OF SERVISTAR

Staff

0

MICHAEL NEILL

CLO OF SERVISTAR

Staff

0

KARL BORQUIST

CEO OF CU COMPLIANCE CUSO, LLC

Staff

0

SCOTT ALBRECHT

VP LEARNING DEVELOP. OF SERVISTAR

Staff

0

Independent contractors

MEMBER DRIVEN TECHNOLOGIES

DATA PROCESSING

$1.2M

SHI INTERNATIONAL CORP

PROVIDING IT PRODUCTS AND SERVICES

$1.0M

JACK HENRY

ATM/CREDIT CARD PROCESSOR AND SUPPORT, I

$687K

VISA USA INC

CONNECTS CUSTOMERS AND BUSINESS TO ENABL

$673K

ALKAMI

PROVIDING DIGITAL BANKING PLATFORMS

$565K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$12K
MCUF COMMUNITY REINVESTMENT GRANT
2020

Funded by

$12K from 1 funder · 1 grant · 2020

Michigan Credit Union Foundation

$12K · 1 grant · 2020

Details

EIN386066199
Subsection14
Ruling date1956-10
Formed1935
Employees211
Volunteers11
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo