2025-05-19T07:12:08-07:00 2024-12-31 650152722 FINANCIAL STANDARDS GROUP INC 6447 W HIGHWAY 146 CRESTWOOD KY 40014 990 2024-01-01 381642684 CREDIT UNIONS CHARTERED IN THE STATE OF SUNRISE FAMILY CREDIT UNION CRED 9896841730 404 SOUTH EUCLID AVE BAY CITY MI 48706 WHITNEY SODE CFO 2025-05-19 true true Donald E Lingerfelt P00339004 8005225820 2024 2025-03-06 01:10:19Z X JEFF RABANUS 404 SOUTH EUCLID AVE BAY CITY MI 487063206 6004587 false X https://www.sunrisefamilycu.org/ X 1956 MI MEMBER OWNED AND MEMBER CONTROLLED FINANCIAL COOPERATIVE DEDICATED TO PROVIDING SOUND COMPREHENSIVE SERVICES TO ITS FAMILY OF MEMBERS 7 7 56 9 67651 0 3785950 4025868 1719804 1981092 -2373 5505754 6004587 0 0 1976228 2329742 0 0 3169495 3353408 5145723 5683150 360031 321437 138641467 133811001 130406436 123535979 8235031 10275022 MEMBER OWNED AND MEMBER CONTROLLED FINANCIAL COOPERATIVE DEDICATED TO PROVIDING SOUND COMPREHENSIVE SERVICES TO ITS FAMILY OF MEMBERS false false PROVIDE 11,343 MEMBERS WITH REGULAR SAVINGS, SHARE DRAFTS, CERTIFICATE OF DEPOSIT, IRA, MONEY MARKET AND CLUB ACCOUNTS TOTALING 18,409. PROVIDE 4,489 LOANS INCLUDING VEHICLE, PERSONAL, HOME EQUITY, MORTGAGE BUSINESS, OVERDRAFT, SHARE SECURED, INDIRECT AND CREDIT CARD LOANS. OFFER AUTOMATED TELLER MACHINES, DEBIT CARDS, MONEY ORDERS, NO COST BILL PAYER, STUDENT SCHOLARSHIPS, FINANCIAL LITERCY WORKSHOPS IN-SCHOOL, BRANCHES, COURTESY PAY AND VARIOUS INSURANCE PROGRAMS. false false false false false false false false false true true 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 1040 0 true 56 true true true false false false false false false false X 7 7 false false false false true true true false false false true true false true true true false false true true false X WHITNEY SODE 9896841730 404 S EUCLID AVE BAY CITY MI 48706 JEFF RABANUS CEO 40.00 0.00 X 183530 0 60275 MICHELLE HINE Vice President 40.00 0.00 X 101552 0 37242 CJ MONTANA Treasurer 1.00 0.00 X 0 0 0 DAVE HUNT Director 1.00 0.00 X 0 0 0 DAVID WOLTHUIS Director 1.00 0.00 X 0 0 0 LOUIS MEYETTE Director 1.00 0.00 X 0 0 0 DAVID ROYAL Director 1.00 0.00 X 0 0 0 JAMES VOSS Chairman 1.00 0.00 X 0 0 0 KATHERINE GRANT Secretary 1.00 0.00 X 0 0 0 285082 97517 2 false true false FISERV 75 REMITTANCE DRIVE CHICAGO IL 60675 DATA PROCESSOR 139887 PSCU PO BOX 37603 PHILADELPHIA PA 19101 CREDIT CARD PROCESSOR 231172 CO-OP 9692 HAVEN AVENUE RANCHO CUCAMONGA CA 91730 DEBIT/ATM PROCESSOR 398270 YEO & YEO CPAS AND ADVISORS 5300 BAY RD SAGNIAW MI 48604 IT CONSULTING & SERVICES 120694 4 0 FEE AND OTHER INCOME 522100 1211491 1211491 INTEREST ON LOANS 522100 2746726 2746726 NON-MEMBER ATM 525990 67651 67651 4025868 1981092 1981092 0 0 0 0 0 0 0 LOAN SALES 522299 -2373 -2373 -2373 6004587 5936936 67651 0 0 0 0 382599 0 1558463 79559 163936 145185 0 3192 0 0 0 0 0 71904 1057384 290432 0 242445 44257 0 0 531097 13430 250107 44770 LOAN SERVICING EXPENSE 328774 PROVISION FOR CREDIT LOSSES 251954 OTHER 129121 PRO SERVICES 94541 0 5683150 0 0 0 990605 1664656 30497777 30788410 0 268991 402053 0 0 46844130 46478851 0 242460 181608 7101491 3363550 3721194 3737941 44891070 38782136 8276936 9912229 0 0 2908304 1863117 138641467 133811001 2345219 429922 128061217 123106057 130406436 123535979 X 8235031 10275022 8235031 10275022 138641467 133811001 321437 1616756 101798 X false false false 666222 666222 4744975 2173836 2571139 1690294 1189714 500580 3737941 9912229 MEMBER SHARES 122933914 OTHER LIABILITIES 172143 123106057 false false false JEFF RABANUS CEO 183530 23621 36654 243805 Form 990, Part VI, Section A, Line 6 THE CREDIT UNION HAS A SINGLE CLASS OF MEMBERS WITH EQUAL RIGHTS OF OWNERSHIP, GOVERNANCE AND VOTING. Form 990, Part VI, Section A, Line 7a THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP AT THE ANNUAL MEETING. EACH BOARD MEMBER IS ELECTED FOR A THREE YEAR TERM. Form 990, Part VI, Section A, Line 7b CREDIT UNION DECISIONS THAT ARE SUBJECT TO MEMBERSHIP APPROVAL ARE MERGERS. Form 990, Part VI, Section B, Line 11b A REVIEW IS CONDUCTED BY THE VP ACCOUNTING PRIOR TO SUBMISSION TO THE IRS. SUBSEQUENT TO FIING, THE BOARD OF DIRECTORS IS PROVIDED WITH A COPY OF THE 990 RETURNS SUBMITTED. Form 990, Part VI, Section B, Line 12c THE SUPERVISORY COMMITTEE IS RESPONSIBLE FOR MONITORING AND ENFORCING COMPLIANCE. THE COMMITTEE DOES REGULAR AUDITS OF ACCOUNTS AND RLATIONSHIPS. Form 990, Part VI, Section B, Line 15a THE BOARD OF DIRECTORS APPOINTS A PERSONNEL COMMITTEE THAT DISTRIBUTES EVALUATION FORMS TO THE BOARD OF DIRECTORS. THE PERSONNEL COMMITTEE'S SUMMARY OF INFORMATION IS PRESENTED TO THE BOARD OF DIRECTORS AND THE PRESIDENT/CEO. THE MCUL COMPENSATION SURVEY IS REVIEWED ANNUALLY. SALARY INCREASES ARE BASED ON PERFORMANCE BY THE PRESIDENT/CEO OF THE STANDARDS THAT WERE SET. THE PRESIDENT/CEO PERFORMS AN EVALUATION OF THE VP ACCOUNTING. SALARY INCREASES ARE GIVEN BY THE PRESIDENT/CEO. THE BOARD OF DIRECTORS APPROVES A SALARY RANGE FOR ALL EMPLOYEES EACH YEAR. Form 990, Part VI, Section B, Line 15b THE PRESIDENT/CEO PERFORMS AN EVALUATION OF THE VP ACCOUNTING. SALARY INCREASES ARE GIVEN BY THE PRESIDENT/CEO. THE BOARD OF DIRECTORS APPROVES A SALARY RANGE FOR ALL EMPLOYEES EACH YEAR. 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. Part VII, Section A The previous submission had incorrect titles and included a former employee.