CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN (EIN 38-1447620)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-05-13
IRS object ID: 202331339349300323
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule I
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-05-13T14:00:29+00:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	350921680	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CROWE LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	575 Market Street Suite 3300	AddressLine1Txt
City	San Francisco	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	941055829	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	381447620	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Community Financial Credit Union	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	COMM	BusinessNameControlTxt
Phone	7344531200	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	500 S HARVEY ST	AddressLine1Txt
City	PLYMOUTH	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	481708050	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Scott Cameron	PersonNm
Person Title	EVP/CFO	PersonTitleTxt
Signature	2023-05-13	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	SCOTT	PersonFirstNm
Person Last	CAMERON	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Diane Kirmaci	PreparerPersonNm
PTIN	P01578407	PTIN
Phone	4155761100	PhoneNum

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd

Principal Ofcr Business Name PrincipalOfcrBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Tansley Stearns	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	500 S HARVEY ST	AddressLine1Txt
City	PLYMOUTH	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	481708050	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$68,299,039	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.CFCU.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2012	FormationYr
Legal Domicile State	MI	LegalDomicileStateCd
Activity Or Mission	Community Financial Credit Union is a state chartered, not-for-profit, full-service financial institution owned and governed by its membership. At Community Financial, we are committed to our members and our communities. For over 70 years, we've provided our Michigan members competitively-priced savings & loans products, outstanding service and support to their neighborhoods.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	379	TotalEmployeeCnt
Total Volunteers	15	TotalVolunteersCnt
Total Gross UBI	$56,486	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$19,497	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$57,422,331	PYProgramServiceRevenueAmt
CY Program Service Revenue	$65,611,595	CYProgramServiceRevenueAmt
PY Investment Income	$494,036	PYInvestmentIncomeAmt
CY Investment Income	$1,313,989	CYInvestmentIncomeAmt
PY Other Revenue	$3,175,957	PYOtherRevenueAmt
CY Other Revenue	$1,373,455	CYOtherRevenueAmt
PY Total Revenue	$61,092,324	PYTotalRevenueAmt
CY Total Revenue	$68,299,039	CYTotalRevenueAmt
PY Grants And Similar Paid	$721,869	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$812,590	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$29,225,631	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$32,207,843	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$18,750,966	PYOtherExpensesAmt
CY Other Expenses	$25,524,125	CYOtherExpensesAmt
PY Total Expenses	$48,698,466	PYTotalExpensesAmt
CY Total Expenses	$58,544,558	CYTotalExpensesAmt
PY Revenues Less Expenses	$12,393,858	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$9,754,481	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,253,139,306	TotalAssetsBOYAmt
Total Assets EOY	$1,531,731,546	TotalAssetsEOYAmt
Total Liabilities BOY	$1,110,856,254	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,382,194,058	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$142,283,052	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$149,537,488	NetAssetsOrFundBalancesEOYAmt
Mission	Community Financial Credit Union is a state chartered, not-for-profit, full-service financial institution owned and governed by its membership. At Community Financial, we are committed to our members and our communities. For over 70 years, we've provided our Michigan members competitively-priced savings & loans products, outstanding service and support to their neighborhoods.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Desc	PROMOTE THRIFT TO 80,634 MEMBERS BY OFFERING COMPETITIVELY-PRICED SAVINGS & LOANS PRODUCTS AS WELL AS OTHER FINANCIAL PRODUCTS.	Desc
Total Program Service Expenses	$0	TotalProgramServiceExpensesAmt
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	Yes (true)	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	Yes (true)	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	23768	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	379	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	9	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (true)	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (true)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	Yes (true)	LocalChaptersInd
Policies Reference Chapters	Yes (true)	PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body	false	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SCOTT CAMERON	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7345828876	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 8050	AddressLine1Txt
City	PLYMOUTH	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	481708050	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
DAN HERRIMAN
2nd vice chairperson	1.0	Yes (X)	Yes (X)	$0	$0	$0
Dennis LaVoy
Secretary/Treasurer	1.0	Yes (X)	Yes (X)	$0	$0	$0
DON BAIN
BOARD CHAIR	1.0	Yes (X)	Yes (X)	$0	$0	$0
Mark RIEGAL
1st Vice Chairperson	1.0	Yes (X)	Yes (X)	$0	$0	$0
Debbie Starinsky
Board Member	1.0	Yes (X)		$0	$0	$0
Mary Lowing
Board Member (through 3/10/2022)	1.0	Yes (X)		$0	$0	$0
Patricia Reese
Board Member	1.0	Yes (X)		$0	$0	$0
PAUL BEDICH
BOARD MEMBER	1.0	Yes (X)		$0	$0	$0
RON METEYER
BOARD MEMBER	1.0	Yes (X)		$0	$0	$0
Teri Kuehn
Board Member	1.0	Yes (X)		$0	$0	$0
ART BEARD
CHIEF INFORMATION AND DIGITAL OFFICER	40.0		Yes (X)	$379,043	$0	$69,563
CATHY MEYERS
CHIEF PEOPLE OFFICER	40.0		Yes (X)	$339,391	$0	$74,197
CHRIS CURRY
CHIEF OPERATIONS AND PAYMENTS OFFICER	40.0		Yes (X)	$333,269	$0	$80,682
DANIELLE MILNER
CHIEF EXPERIENCE OFFICER	40.0		Yes (X)	$67,621	$0	$324
ELRY ARMAZA
CHIEF TRANSFORMATION OFFICER	40.0		Yes (X)	$134,404	$0	$865
ERIC ESSER
CHIEF RESIDENTIAL AND COMMERCIAL LENDING OFFICER (THROUGH 12/2/22)	40.0		Yes (X)	$319,377	$0	$21,318
JILL JOHNSON
CHIEF REVENUE AND LENDING OFFICER	40.0		Yes (X)	$356,532	$0	$82,397
RANDY PENNER
CHIEF SALES AND MARKETING OFFICER (THROUGH 8/5/22)	40.0		Yes (X)	$353,329	$0	$23,561
Scott Cameron
EVP/CFO	40.0		Yes (X)	$316,066	$0	$80,419
TANSLEY STEARNS
CEO (AS OF 6/1/2022)	40.0		Yes (X)	$309,415	$0	$11,492
WILLIAM LAWTON
CEO (THROUGH 7/1/2022)	40.0		Yes (X)	$517,818	$0	$24,758
David Heffner
SVP Lending	40.0			$196,901	$0	$17,330	Yes (X)
DIANE KENNY
VP SALES	40.0			$207,068	$0	$19,529	Yes (X)
Sarah Cousineau
VP Marketing (through 9/19/2022)	40.0			$226,885	$0	$15,148	Yes (X)
THOMAS VARGO
AVP/CORE OPERATIONS	40.0			$200,303	$0	$21,446	Yes (X)
WARREN MUSSON
VP BUSINESS SERVICES (through 8/16/2022)	40.0			$704,724	$0	$15,225	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$4,962,146	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$558,254	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	53	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
SHAW CONSTRUCTION
13980 FARMINGTON RD	LIVONIA	MI	48154	Construction Services	$2,288,680
CO-OP
1500 NW 118TH STREET	DES MOINES	IA	50325	CARD PROCESSOR	$2,084,810
NCR CORPORATION
14181 COLLECTIONS CENTER DR	Chicago	IL	60693	ATM INSTALL/SERVICER	$881,386
MASTERCARD
2200 Mastercard Blvd	OFallon	MS	633687263	CREDIT CARD PROCESSOR	$671,904
Jack Henry & Associates Inc
663 W Highway 60	Monet	MO	65708	Core Processor Services	$575,161

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	31	CntrctRcvdGreaterThan100KCnt
Federated Campaigns	$0	FederatedCampaignsAmt
Membership Dues	$0	MembershipDuesAmt
Fundraising	$0	FundraisingAmt
Related Organizations	$0	RelatedOrganizationsAmt
Government Grants	$0	GovernmentGrantsAmt
All Other Contributions	$0	AllOtherContributionsAmt
Noncash Contributions	$0	NoncashContributionsAmt
Total Contributions	$0	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	ExclusionExclusionAmt
MEMBER LOAN INCOME	522130	$53,709,972	$53,709,972	$0	$0
INTERCHANGE INCOME	522130	$6,133,557	$6,133,557	$0	$0
Fee Income	522130	$5,093,661	$5,037,424	$56,237	$0
Sale of Loans	522130	$674,405	$674,405	$0	$0
		$0	$0	$0	$0

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$65,611,595	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,313,989	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$1,313,989	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$0	SecuritiesAmt
Other	$0	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$0	SecuritiesAmt
Other	$0	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$0	SecuritiesAmt
Other	$0	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$0	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$0	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$0	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$0	GamingGrossIncomeAmt
Gaming Direct Expenses	$0	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$0	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$0	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	ExclusionExclusionAmt
other non-interest income	522130	$924,657	$924,408	$249	$0
		$0	$0	$0	$0
		$0	$0	$0	$0

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$448,798	TotalRevenueColumnAmt
Related Or Exempt Func Income	$448,798	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$1,373,455	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$68,299,039	TotalRevenueColumnAmt
Related Or Exempt Func Income	$66,928,564	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$56,486	UnrelatedBusinessRevenueAmt
Exclusion	$1,313,989	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$777,147	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$35,443	TotalAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$3,895,842	TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$23,347,413	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$1,038,218	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$2,026,010	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,900,360	TotalAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$83,024	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$114,350	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$253,832	TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,397,820	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$6,381,667	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$2,016,507	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$235,532	TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$495,941	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$5,432,988	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$985,990	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$363,796	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
Lending	$3,427,651
Provision Expense	$2,847,888
CARD FRAUD & DISPUTES	$283,515
Operating Fees	$182,095

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,021,529	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$58,544,558	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$5,597,725	BOYAmt
EOY	$6,985,914	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$2,381,951	BOYAmt
EOY	$2,870,948	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$1,126,045,355	BOYAmt
EOY	$1,399,756,890	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$37,500,869	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$17,948,362	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$17,273,905	BOYAmt
EOY	$19,552,507	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$93,093,191	BOYAmt
EOY	$91,944,036	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$8,747,179	BOYAmt
EOY	$10,621,251	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,253,139,306	BOYAmt
EOY	$1,531,731,546	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$12,050,576	BOYAmt
EOY	$15,915,367	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$7,796,645	BOYAmt
EOY	$5,256,467	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,091,009,033	BOYAmt
EOY	$1,361,022,224	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,110,856,254	BOYAmt
EOY	$1,382,194,058	EOYAmt

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$142,283,052	BOYAmt
EOY	$149,537,488	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$142,283,052	BOYAmt
EOY	$149,537,488	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,253,139,306	BOYAmt
EOY	$1,531,731,546	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$9,754,481	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$2,500,045	NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts	$0	DonatedServicesAndUseFcltsAmt
Investment Expense	$0	InvestmentExpenseAmt
Prior Period Adjustments	$0	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Agent Trustee Etc	false	AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab	Yes (true)	InclEscrowCustodialAcctLiabInd
Explanation Provided	Yes (X)	ExplanationProvidedInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,074,618	OtherCostOrOtherBasisAmt
Book Value	$5,074,618	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$17,783,849	OtherCostOrOtherBasisAmt
Depreciation	$8,818,365	DepreciationAmt
Book Value	$8,965,484	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$10,822,098	OtherCostOrOtherBasisAmt
Depreciation	$9,129,997	DepreciationAmt
Book Value	$1,692,101	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,820,304	OtherCostOrOtherBasisAmt
Book Value	$3,820,304	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$19,552,507	TotalBookValueLandBuildingsAmt

Financial Derivatives FinancialDerivativesGrp

Field	Value	IRS element (for citing)
Book Value	$91,944,036	BookValueAmt
Method Valuation	C	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$91,944,036	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDesc	AmtAmt
BORROWINGS	$77,000,000
MEMBER SAVINGS	$296,502,389
CHECKING	$296,531,538
OTHER SAVINGS	$59,614,727
MONEY MARKET	$208,749,568
CERTIFICATES	$422,624,002

Field	Value	IRS element (for citing)
Total Liability	$1,361,022,224	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule D, Part IV, Line 2b Explanation of escrow agreement

THE ORGANIZATION MAINTAINS MEMBERS SHARES ESCROWS AND FHLBI AND FNMA INVESTOR ESCROWS.

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The Credit Union is exempt, under Internal Revenue Code (IRC) 501(c)(14), from federal and state income taxes. The Credit Union has filed tax returns in the past for activities it has deemed taxable and has a minimal net operating loss carryforward as of the 2020 calendar year. The taxing authorities have the ability to assess taxes, penalties, and interest for any years for which no tax return was filed. In the opinion of management, any liability resulting from taxing authorities imposing income taxes on the net taxable income from activities potentially deemed to be unrelated to the Credit Union's exempt purpose is not expected to have a material effect on the Credit Union's financial position or results of operations. The Credit Union evaluated its tax positions and determined no uncertain tax positions exist as of March 31, 2022. The Credit Union's 2018 through 2021 tax years are open for examination by federal and state taxing authorities.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (41 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt	Address Line2USAddress/AddressLine2Txt
Amber Reineck House
PO BOX 510	HAMBURG	MI	48139	823730226	501(c)(3)	$10,000	GENERAL SUPPORT
American Cancer Society
20450 Civic Center Dr	Southfield	MI	48076	131788491	501(c)(3)	$24,280	GENERAL SUPPORT
American Heart Association
27777 FRANKLIN ROAD	SOUTHFIELD	MI	48034	135613797	501(c)(3)	$5,031	GENERAL SUPPORT
American Red Cross
5640 Venture Ct	Kalamazoo	MI	49009	530196605	501(c)(3)	$11,930	GENERAL SUPPORT
Angela Hospice
14100 Newburgh Rd	Livonia	MI	48154	382755767	501(c)(3)	$5,150	GENERAL SUPPORT
Blustone Voices for Autism
38935 Ann Arbor Rd Ste 150	Livonia	MI	481503397	850645778	501(c)(3)	$6,190	GENERAL SUPPORT
Canton Chamber of Commerce
45525 Hanford Rd	Canton	MI	48187	382087835	501(c)(6)	$7,600	GENERAL SUPPORT
Canton Community Foundation
50430 School House Rd	Canton	MI	48187	382898615	501(c)(3)	$35,181	GENERAL SUPPORT
Community Sharing of Lewiston
4615 Montmorency St	Lewiston	MI	49756	382546394	501(c)(3)	$6,000	GENERAL SUPPORT
Detroit Cristo Rey
5679 W Vernor Hwy	Detroit	MI	48209	262994633	501(c)(3)	$21,250	GENERAL SUPPORT
Plymouth-Canton Educational Excellence Foundation
454 S Harvey St	Plymouth	MI	48170	382638321	501(c)(3)	$16,000	GENERAL SUPPORT
Friends of Novi Schools and Students
25345 Taft Rd	Novi	MI	48374	872922587	501(c)(3)	$13,000	GENERAL SUPPORT
Gaylord Community Schools
615 South Elm Avenue	Gaylord	MI	49735	261573069	School	$9,000	GENERAL SUPPORT
Gleaners Community Food Bank
2131 Beaufait	Detroit	MI	48207	382156255	501(c)(3)	$8,500	GENERAL SUPPORT
Habitat for Humanity of Western Wayne County
3716 Newberry St 250	Wayne	MI	48184	383204667	501(c)(3)	$11,000	GENERAL SUPPORT
Hillman Community Schools
26042 M-32 SOUTH	HILLMAN	MI	49746	261836005	School	$14,750	GENERAL SUPPORT
Hospitality House
2075 E West Maple Rd	Commerce	MI	48390	383635226	501(c)(3)	$6,000	GENERAL SUPPORT
Livonia Chamber of Commerce
33300 Five Mile Rd	Livonia	MI	48154	381654593	501(c)(6)	$8,450	GENERAL SUPPORT
LPS Education Foundation
15125 Farmington	Livonia	MI	48154	201085968	501(c)(3)	$5,500	GENERAL SUPPORT
Michigan Credit Union Foundation
PO BOX 8054	Plymouth	MI	481708054	386066911	501(c)(3)	$260,000	GENERAL SUPPORT
Northville Community Foundation
195 S Main St	Northville	MI	48167	383361844	501(c)(3)	$7,750	GENERAL SUPPORT
Northville Education Foundation
405 W MAIN STREET	NORTHVILLE	MI	48167	383503644	501(c)(3)	$8,500	GENERAL SUPPORT
Novi Education Foundation
25345 Taft Road	Novi	MI	48374	382665305	501(c)(3)	$7,500	GENERAL SUPPORT
Novi Public Library
45255 W Ten Mile Rd	Novi	MI	48375	386032551	Government	$10,000	GENERAL SUPPORT
Novi Rotary Foundation
PO Box 159	Novi	MI	48376	383218968	501(c)(3)	$5,750	GENERAL SUPPORT
City of Novi
45175 W Ten Mile Road	Novi	MI	48375	386032551	Government	$10,500	GENERAL SUPPORT
Open Door Food Ministry
3855 S Sheldon Rd	Canton	MI	48188	202685468	501(c)(3)	$6,230	GENERAL SUPPORT
Otsego Community Foundation
PO Box 344	Gaylord	MI	49734	383216235	501(c)(3)	$32,500	GENERAL SUPPORT
Otsego County Habitat for Humanity
PO BOX 344	GAYLORD	MI	49734	383130500	501(c)(3)	$7,000	GENERAL SUPPORT
Otsego County United Way
116 E Fifth St	Gaylord	MI	49735	237156104	501(c)(3)	$19,750	GENERAL SUPPORT
OtsegoAntrim Habitat for Humanity
306 S Williams Street	Mancelona	MI	49659	383130500	501(c)(3)	$10,000	GENERAL SUPPORT
Plymouth-Canton Community Schools
454 South Harvey St	Plymouth	MI	481701717	262856082	School	$11,058	GENERAL SUPPORT
Plymouth Chamber of Commerce
850 W Ann Arbor Trail	Plymouth	MI	48170	380933390	501(c)(6)	$8,005	GENERAL SUPPORT
Plymouth Community Arts Council
774 Sheldon Rd	Plymouth	MI	48170	382132636	501(c)(3)	$11,000	GENERAL SUPPORT
Plymouth Community United Way
960 W Ann Arbor Trail	Plymouth	MI	48170	237327248	501(c)(3)	$12,560	GENERAL SUPPORT	PO Box 6356
Salvation Army of Gaylord
116 E 5thSt	Gaylord	MI	49735	381370971	501(c)(3)	$7,000	GENERAL SUPPORT
Salvation Army of Plymouth
9451 S Main St	Plymouth	MI	48170	381370971	501(c)(3)	$10,000	GENERAL SUPPORT
Salvation Army of Westland
2300 Venoy Rd	Westland	MI	48186	381370971	501(c)(3)	$13,000	GENERAL SUPPORT
The Heat and Warmth Fund
535 Griswold St 200	Detroit	MI	48226	382646924	501(c)(3)	$10,000	GENERAL SUPPORT
Wayne-Westland Foundation for Improvement of Instruction
36745 Marquette St	Westland	MI	48185	382336370	501(c)(3)	$8,500	GENERAL SUPPORT
City Of Westland
36300 Warren Rd	Westland	MI	48185	000822310	Government	$5,525	GENERAL SUPPORT

Field	Value	IRS element (for citing)
Total501c3 Org	38	Total501c3OrgCnt
Total Other Org	3	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt
SCHOLARSHIPS	26	$24,000
Tuition Assistance	4	$11,443

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.	FormAndLineReferenceDesc
Explanation	COMMUNITY FINANCIAL CREDIT UNION WILL MAKE THE SCHOLARSHIP PAYMENTS DIRECTLY TO THE RECEIVING COLLEGE OR UNIVERSITY AS ITS METHOD OF ENSURING THE GRANT FUNDS ARE USED IN ALIGNMENT WITH ITS PURPOSE. CFCU's Community Relations Department chooses public charities throughout the community to provide funds to. CFCU is active in the community's it serves and supports organizations providing social services, scholarships and governmental services. Support provided to the selected public charities is typically intended for general support. Community Financial also provides tuition reimbursement up to $4,000/year per employee based on grade received.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Survey	Yes (X)	CompensationSurveyInd
Severance Payment	Yes (true)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (true)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
WILLIAM LAWTON
CEO (THROUGH 7/1/2022)	$262,846	$0	$137,324	$0	$117,648	$0	$20,500	$0	$4,258	$0	$542,576	$0	$95,656	$0
ART BEARD
CHIEF INFORMATION AND DIGITAL OFFICER	$279,231	$0	$74,092	$0	$25,720	$0	$69,563	$0	$0	$0	$448,606	$0	$24,754	$0
JILL JOHNSON
CHIEF REVENUE AND LENDING OFFICER	$261,406	$0	$72,896	$0	$22,230	$0	$71,901	$0	$10,496	$0	$438,929	$0	$20,309	$0
CHRIS CURRY
CHIEF OPERATIONS AND PAYMENTS OFFICER	$245,400	$0	$67,025	$0	$20,844	$0	$66,921	$0	$13,761	$0	$413,951	$0	$20,075	$0
CATHY MEYERS
CHIEF PEOPLE OFFICER	$223,133	$0	$68,253	$0	$48,005	$0	$67,963	$0	$6,234	$0	$413,588	$0	$26,254	$0
Scott Cameron
EVP/CFO	$248,504	$0	$66,710	$0	$852	$0	$66,654	$0	$13,765	$0	$396,485	$0	$0	$0
RANDY PENNER
CHIEF SALES AND MARKETING OFFICER (THROUGH 8/5/22)	$182,526	$0	$141,739	$0	$29,064	$0	$18,735	$0	$4,826	$0	$376,890	$0	$25,576	$0
ERIC ESSER
CHIEF RESIDENTIAL AND COMMERCIAL LENDING OFFICER (THROUGH 12/2/22)	$204,895	$0	$64,820	$0	$49,662	$0	$16,943	$0	$4,375	$0	$340,695	$0	$18,169	$0
TANSLEY STEARNS
CEO (AS OF 6/1/2022)	$298,513	$0	$10,615	$0	$287	$0	$8,654	$0	$2,838	$0	$320,907	$0	$0	$0
WARREN MUSSON
VP BUSINESS SERVICES (through 8/16/2022)	$117,910	$0	$522,446	$0	$64,368	$0	$12,267	$0	$2,958	$0	$719,949	$0	$0	$0
Sarah Cousineau
VP Marketing (through 9/19/2022)	$117,809	$0	$32,104	$0	$76,972	$0	$11,634	$0	$3,514	$0	$242,033	$0	$0	$0
DIANE KENNY
VP SALES	$170,296	$0	$33,455	$0	$3,317	$0	$17,346	$0	$2,183	$0	$226,597	$0	$0	$0
THOMAS VARGO
AVP/CORE OPERATIONS	$176,743	$0	$22,372	$0	$1,188	$0	$18,230	$0	$3,216	$0	$221,749	$0	$0	$0
David Heffner
SVP Lending	$164,331	$0	$31,167	$0	$1,403	$0	$6,834	$0	$10,496	$0	$214,231	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule J, Part I, Line 4a Severance or change-of-control payment

THE FOLLOWING PERSONS RECEIVED PAYMENTS AS PART OF A SEVERANCE AGREEMENT IN 2022: ERIC ESSER - $9,225 WARREN MUSSON - $61,538 SARAH COUSINEAU - $75,774

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

THE FOLLOWING INTERESTED PERSONS RECEIVED DEFERRALS TO THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) IN 2022: ART BEARD - $52,416 SCOTT CAMERON- $46,154 CATHY MEYERS - $47,463 JILL JOHNSON - $51,401 CHRIS CURRY - $46,421 THE FOLLOWING INTERESTED PERSONS RECEIVED DISTRIBUTIONS FROM THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) IN 2022: ART BEARD - $24,754 RANDY PENNER - $25,576 ERIC ESSER - $18,169 CATHY MEYERS - $26,254 WILLIAM LAWTON - $95,656 JILL JOHNSON - $20,309 CHRIS CURRY - $20,075

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (20 entries)

Relationship With OrgRelationshipWithOrgTxt	Loan PurposeLoanPurposeTxt	Loan From OrganizationLoanFromOrganizationInd	Original PrincipalOriginalPrincipalAmt	Balance DueBalanceDueAmt	DefaultDefaultInd	Board Or Committee ApprovalBoardOrCommitteeApprovalInd	Written AgreementWrittenAgreementInd
Board Member	PERSONAL OR BUSINESS LOAN	Yes (X)	$14,873	$1,646	false	Yes (true)	Yes (true)
Executive	PERSONAL OR BUSINESS LOAN	Yes (X)	$568,565	$419,677	false	Yes (true)	Yes (true)
Board Member	PERSONAL OR BUSINESS LOAN	Yes (X)	$42,000	$41,324	false	Yes (true)	Yes (true)
Board Member	PERSONAL OR BUSINESS LOAN	Yes (X)	$350,506	$340,773	false	Yes (true)	Yes (true)
Executive	PERSONAL OR BUSINESS LOAN	Yes (X)	$509,000	$481,879	false	Yes (true)	Yes (true)
Executive	PERSONAL OR BUSINESS LOAN	Yes (X)	$185,061	$122,550	false	Yes (true)	Yes (true)
Executive	PERSONAL OR BUSINESS LOAN	Yes (X)	$356,584	$214,887	false	Yes (true)	Yes (true)
Board Member	PERSONAL OR BUSINESS LOAN	Yes (X)	$3,000	$1,402	false	Yes (true)	Yes (true)
Executive	PERSONAL OR BUSINESS LOAN	Yes (X)	$295,314	$244,271	false	Yes (true)	Yes (true)
Family Member of Interested Person	PERSONAL OR BUSINESS LOAN	Yes (X)	$40,000	$40,000	false	Yes (true)	Yes (true)
Board Member	PERSONAL OR BUSINESS LOAN	Yes (X)	$205,500	$192,817	false	Yes (true)	Yes (true)
Executive	PERSONAL OR BUSINESS LOAN	Yes (X)	$73,266	$14,978	false	Yes (true)	Yes (true)
Family Member of Interested Person	PERSONAL OR BUSINESS LOAN	Yes (X)	$14,955	$7,680	false	Yes (true)	Yes (true)
Family Member of Interested Person	PERSONAL OR BUSINESS LOAN	Yes (X)	$2,214	$1,658	false	Yes (true)	Yes (true)
Board Member	PERSONAL OR BUSINESS LOAN	Yes (X)	$90,495	$79,424	false	Yes (true)	Yes (true)
Board Member	PERSONAL OR BUSINESS LOAN	Yes (X)	$27,156	$15,567	false	Yes (true)	Yes (true)
Family Member of Interested Person	PERSONAL OR BUSINESS LOAN	Yes (X)	$3,000	$169	false	Yes (true)	Yes (true)
Family Member of Interested Person	PERSONAL OR BUSINESS LOAN	Yes (X)	$1,000	$40	false	Yes (true)	Yes (true)
Family Member of Interested Person	PERSONAL OR BUSINESS LOAN	Yes (X)	$17,500	$11,146	false	Yes (true)	Yes (true)
Executive	PERSONAL OR BUSINESS LOAN	Yes (X)	$647,200	$639,060	false	Yes (true)	Yes (true)

Field	Value	IRS element (for citing)
Total Balance Due	$2,870,948	TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part IV, Line 12a FINANCIAL STATEMENTS FOR THE TAX YEAR	THE AUDITED FINANCIALS USE A REGULATORY YEAR END OF MARCH 31. AN AUDIT WILL NEXT BE PERFORMED FOR THE MARCH 31, 2023 YEAR END.
Form 990, Part VI, Line 15 process for determining compensation	Every other year the credit union engages with D Hilton to have compensation grades repriced and evaluated. The last review was done in 2022.
Form 990, Part VI, Line 6 Classes of members or stockholders	Each account holder is a member of the credit union.
Form 990, Part VI, Line 7a Members or stockholders electing members of governing body	The members of the credit union vote on board member changes and charter changes.
Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders	The members of the credit union vote on board member changes and charter changes.
Form 990, Part VI, Line 11b Review of form 990 by governing body	The Manager/Accounting reviews both Form 990 and 990T prior to filing.
Form 990, Part VI, Line 12c Conflict of interest policy	THE ORGANIZATION'S OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST THEY MAY HAVE WITH THE ORGANIZATION. EACH SIGNED POLICY STATEMENT IS REVIEWED TO DETERMINE IF ANY CONFLICTS EXIST AND NEED TO BE BROUGHT TO THE ATTENTION OF THE BOARD. IF A CONFLICT ARISES, THE RESPECTIVE BOARD MEMBER WILL ABSTAIN FROM ANY RELATED DISCUSSION, VOTE, OR SIMILAR ACTION ON THE MATTER.
Form 990, Part VI, Line 19 Required documents available to the public	THE FINANCIAL STATEMENTS ARE POSTED IN EACH BRANCH OFFICE, UPDATED MONTHLY. THE GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC.
Form 990, Part VIII, Line 11d Other Miscellaneous Revenue	151100 - Total Revenue: 448798, Related or Exempt Function Revenue: 448798, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;