2025-04-07T11:33:30-07:00 2024-12-31 650152722 FINANCIAL STANDARDS GROUP INC 6447 W HIGHWAY 146 CRESTWOOD KY 40014 990 2024-01-01 381504660 WEXFORD COMMUNITY CREDIT UNION WEXF 2317752081 1015 WILCOX ST CADILLAC MI 49601 JULIE RUSHING President & CEO 2025-04-07 true true Donald E Lingerfelt P00339004 8005225820 2024 2025-03-06 01:10:19Z JULIE RUSHING 1015 WILCOX ST CADILLAC MI 49601 5061616 false X WWW.WEXCCU.COM X 1953 MI TO PROVIDE QUALITY FINANCIAL SERVICES AT FAIR RATES AND TERMS TO MEET OUT MEMBERS' NEEDS. WE STRIVE TOWARD EXCELLENCE AND ACHIEVEMENT THROUGH SERVICE TO OUR MEMBERS. 6 6 60 6 15779 0 3514086 3921167 1131935 1140449 0 4646021 5061616 0 0 2116307 2539135 0 0 2109580 2312218 4225887 4851353 420134 210263 79644073 84143370 74086512 78051677 5557561 6091693 TO PROVIDE QUALITY FINANCIAL SERVICES AT FAIR RATES AND TERMS TO MEET OUT MEMBERS' NEEDS. WE STRIVE TOWARD EXCELLENCE AND ACHIEVEMENT THROUGH SERVICE TO OUR MEMBERS. false false PROVIDE 8,373 MEMBERS WITH REGULAR SHARES, MONEY MARKET, SHARE DRAFT, IRA, AND CERTIFICATE OF DEPOSIT ACCOUNTS AS OF DECEMBER 31, 2024. PROVIDE 14,795 LOANS INCLUDING VEHICLE, PERSONAL, MORTGAGE, HOME EQUITY, AND CREDIT CAR LOANS, AS OF DECEMBER 31, 2024. OFFER AUTOMATED TELLER MACHINES, DEBIT CARDS, CHECK CASHING, WIRE TRANSFERS, MONEY ORDERS, TRAVELLERS CHECKS, BILL PAY, OVERDRAFT/COURTESY PAY AND VARIOUS INSURANCE PROGRAMS. false false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 859 0 true 60 true true true false false false false false false false X 6 6 false false false false true true true true true false true true false true true true true true true true false X LEVON GARBOOSHIAN 2317552081 1015 WILCOX ST CADILLAC MI 49601 JULIE RUSHING CEO 40.00 0.00 X 160370 0 44369 SHANI PERRY COO 40.00 0.00 X 120833 0 45791 LEVON GARBOOSHIAN CFO 40.00 0.00 X 114388 0 35567 MARGARET ELMORE Chairman 1.00 0.00 X 0 0 0 RICHARD GIDDENS Director 1.00 0.00 X 0 0 0 ERIC GILDNER Director 1.00 0.00 X 0 0 0 LORETTA OLSEN Director 1.00 0.00 X 0 0 0 CARL OUWINGA Director 1.00 0.00 X 0 0 0 HAROLD MEEUWES Director 1.00 0.00 X 0 0 0 395591 125727 3 false true false CUANSWERS 6000 28TH ST SE WTE 100 GRAND RAPIDS MI 495466927 DATA PROCESSOR 269288 REDROCK SECURITY 1101 40TH ST SE GRAND RAPIDS MI 49508 IT SERVICES 157880 SALUS GROUP 38233 MOUND RD BUILDING F STERLING HTS MI 48310 HEALTH INSURANCE 343035 FIS 601 RIVERSIDE AVE JACKSONVILLE FL 32204 CREDIT CARD PROCESSOR 106819 4 0 FEE AND OTHER INCOME 522100 1306278 1306278 INTERCHANGE INCOME 522100 INTEREST ON LOANS 522100 2599110 2599110 NON MEMBER ATM FEES 900099 6859 6859 NON-MEM SHRD BRANCHING 900099 8920 8920 3921167 1140449 1140449 0 0 0 0 0 0 0 0 5061616 5045837 15779 0 0 0 0 521318 0 1632849 12017 209557 163394 0 0 0 0 0 0 0 36152 524269 228916 0 151528 24192 0 0 480667 13872 106966 739 LOAN SERVICING EXPENSE 325264 PROVISION FOR CREDIT LOSSES 247679 PRO SERVICES 155863 OPERATING FEES 12218 3893 4851353 0 0 0 1480147 2612878 13394822 16529313 0 834023 547077 0 0 42886236 44408982 0 81758 86104 4432572 1693434 1414767 2739138 17608123 15280736 941571 747048 0 0 1002626 1192094 79644073 84143370 392332 319173 73694180 77732504 74086512 78051677 X 5557561 6091693 5557561 6091693 79644073 84143370 210263 323869 X false true X true false 188481 188481 1463037 633462 829575 569829 335140 234689 2211225 724832 1486393 2739138 OTHER LIABILITIES 320118 SHARES 77412386 77732504 false false false JULIE RUSHING CEO 160370 27844 16525 204739 SHANI PERRY COO 120833 18653 27138 166624 Form 990, Part VI, Section A, Line 7a THE CREDIT UNION HAS A SINGLE CLASS OF MEMBERS WITH EQUAL RIGHTS OF OWNERSHIP, GOVERNANCE, AND VOTING. Form 990, Part VI, Section A, Line 7b A NOMINATING COMMITTEE RECOMMENDS INDIVIDUALS AT THE ANNUAL MEETING AND ARE VOTED IN BY THE CURRENT BOARD OF DIRECTORS TO FILL AVAILABLE VACANCIES. EACH BOARD MEMBER IS ELECTED FOR A THREE-YEAR TERM. Form 990, Part VI, Section B, Line 11b A REVIEW IS CONDUCTED BY THE CEO PRIOR TO THE SUBMISSION TO THE IRS. Form 990, Part VI, Section B, Line 12c THE BOARD OF DIRECTORS AND SR. MANAGEMENT ARE REQUIRED TO SUBMIT ANNUALLY A WRITTEN ACKNOWLEDGEMENT FOR POTENTIAL CONFLICTS OF INTEREST Form 990, Part VI, Section B, Line 15a THE BOARD OF DIRECTORS COMPLETE A PERFORMANCE APPRAISAL EVALUATION OF THE CEO ANNUALLY. SALARY INCREASES ARE REVIEWED AND VOTED ON BASED ON OVERALL PERFORMANCE AND THE COST OF LIVING. LAST REVIEW WAS IN 2024. Form 990, Part VI, Section B, Line 15b KEY EMPLOYEES RECEIVE AN ANNUAL PERFORMANCE REVIEW AND COMPENSATION IS ADJUSTED BASED ON THOSE REVIEWS. Form 990, Part VI, Section C, Line 19 FINANCIAL STATEMENTS ARE POSTED IN THE CREDIT UNION LOBBY. OTHER DOCUMENTS AND POLICIES ARE AVAILABLE FOR REVIEW UPON REQUEST.