2025-04-22T13:11:49-07:00 2024-12-31 650152722 FINANCIAL STANDARDS GROUP INC 6447 W HIGHWAY 146 CRESTWOOD KY 40014 990 2024-01-01 386084711 Gratiot Community Credit Union GRAT 9894638321 211 W CENTER ST ALMA MI 48801 KATINA STRUBLE CEO 2025-04-22 true true Donald E Lingerfelt P00339004 8005225820 2024 2025-03-06 01:10:19Z KATINA STRUBLE 3858840 false X WWW.GRATIOTCU.ORG X 1955 MI PROVIDE FINANCIAL SERVICES AND PRODUCTS TO MEMBERS. 7 7 29 10 31438 0 3101822 3548567 179497 310273 0 3281319 3858840 0 0 1128253 1171655 0 0 1999983 2269061 3128236 3440716 153083 418124 54818109 55538683 50894100 51100821 3924009 4437862 PROVIDE FINANCIAL SERVICES AND PRODUCTS TO MEMBERS. false false THE CREDIT UNION PROVIDES SEVERAL DEPOSIT ACCOUNT TYPES TO MEMBERS INCLUDING SAVINGS, CHECKING, CERTIFICATES AND OTHER. THE TOTAL NUMBER OF MEMBERS AT 12/31/2024 WAS 6,666. 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 4,435. 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 false false false false false false false false false false false false false false false true 907 0 true 29 true true true false false false false false false false X 7 7 false false false false true true true true false false true true false true true true false true true true false X ROB BENDELE 9894638321 211 W CENTER ST ALMA MI 48801 Katina Struble CEO 40.00 0.00 X 96686 0 17186 ROBERT BENDELE CFO 40.00 0.00 X 81914 0 9505 Clark Hubbard Treasurer 0.00 0.00 X 0 0 0 Glenn Rose Secretary 0.00 0.00 X 0 0 0 Diane S Malek Director 0.00 0.00 X 0 0 0 Sonia Gibson Chairman 0.00 0.00 X 0 0 0 Sharol Pominville Director 0.00 0.00 X 0 0 0 Dale L Sherman Director 0.00 0.00 X 0 0 0 Alan L Schafer Director 0.00 0.00 X 0 0 0 178600 26691 0 false false false CUANSWERS 6000 28TH STREET SE GRAND RAPIDS MI 49546 DATA PROCESSOR 254244 FISERV 255 FISERV DR BROOKFIELD WI 53045 CARD PROCESSOR 147561 2 0 FEE AND OTHER INCOME 522100 913589 902227 11362 INTEREST INCOME 522100 2614902 2614902 NON-MEMBER ATM FEES 525990 15038 15038 SHARED BRANCHING 525990 5038 5038 3548567 310273 310273 0 0 0 0 0 0 0 0 3858840 3827402 31438 0 0 0 0 205291 0 811234 15060 50599 89471 0 0 147987 0 0 0 0 23236 448627 78357 0 71625 6026 0 0 566675 6668 167937 32438 PROVISION FOR LOAN LOSSES 449369 LOAN SERVICING 236958 MISC EXPENSE 33158 0 3440716 0 0 0 1191050 1207862 3465876 10188410 0 9533 181210 0 0 43360642 38617478 0 72409 54796 3619826 1026038 2721358 2593788 2115654 1010140 1035090 897540 0 0 846497 787459 54818109 55538683 919505 914873 822239 49152356 50185948 50894100 51100821 X 3924009 4437862 3924009 4437862 54818109 55538683 418124 95729 X false false false 370914 370914 2276747 600948 1675799 972165 425090 547075 2593788 OTHER LIABILITIES 38842 SHARE AND DEPOSIT ACCTS 50147106 50185948 Form 990, Part VI, Section A, Line 6 SECTION 501C14 CREDIT UNION IS COMPOSED OF MEMBERS. Form 990, Part VI, Section A, Line 7a MEMBERS VOTE ON BYLAW AND CHARTER CHANGES. MEMBERS VOTE AND ELECT BOARD MEMBERS AT ANNUAL MEETING. Form 990, Part VI, Section A, Line 7b MERGERS ARE VOTED ON BY ENTIRE MEMBERSHIP. Form 990, Part VI, Section B, Line 11b SIGNING OFFICER REVIEWS TAX RETURNS AND FORWARDS SIGNED FORM 8879-TE TO TAX PREPARER. BOARD REVIEWS TAX RETURNS AT NEXT SCHEDULED MEETING. Form 990, Part VI, Section B, Line 12c EMPLOYEE LOANS ARE MANAGEMENT APPROVED. MANAGEMENT LOANS ARE BOARD APPROVED. LOANS TO BOARD MEMBERS ARE APPROVED BY THE BOARD MINUS THE LENDEE. Form 990, Part VI, Section B, Line 15a EXECUTIVE AND EMPLOYEE SALARIES ARE BOARD REVIEWED AND APPROVED. BOARD OF DIRECTORS ARE NOT COMPENSATED. Form 990, Part VI, Section C, Line 19 CREDIT UNION BYLAWS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST AT THE CREDIT UNION'S MAIN OFFICE. QUARTERLY FINANCIAL STATEMENTS ARE DISPLAYED IN THE LOBBY WHICH IS ACCESSIBLE TO THE GENERAL PUBLIC. QUARTERLY FINANCIAL PERFORMANCE CALL REPORTS ARE ALSO AVAILABLE AT WWW.NCUA.GOV FOR ALL FEDERALLY INSURED CREDIT UNIONS.