2025-11-06T19:33:38-06:00 2024-12-31 994260840 DOEREN MAYHEW 8785 SW 165TH AVENUE SUITE 303 MIAMI FL 33193 990 2024-01-01 381418180 CHRISTIAN FINANCIAL CREDIT UNION CHRI 5867726330 35100 VAN DYKE AVENUE STERLING HEIGHTS MI 48312 PATRICIA CAMPBELL PRESIDENT & CEO 5867726330 2025-11-06 0 AUBREY CLEGG P01076395 3052328272 2025-10-23 2024 2025-03-06 01:10:19Z PATRICIA CAMPBELL 35100 VAN DYKE AVENUE STERLING HEIGHTS MI 48312 52896216 0 1359 X WWW.CHRISTIANFINANCIALCU.COM X 1950 MI AT CHRISTIAN FINANCIAL CREDIT UNION, OUR MISSION IS TO PROVIDE AN ENVIRONMENT THAT DELIVERS HIGH-QUALITY PRODUCTS AND SERVICES THAT PROMOTE CONVENIENCE, TRUST, AND PERSONAL SERVICE TO ASSIST OUR MEMBERS IN ACHIEVING THEIR FINANCIAL SUCCESS. 10 10 218 10 1580032 0 0 0 39618253 45710598 4117272 5336521 -219097 0 43516428 51047119 265002 47151 0 0 14689202 15674384 0 0 0 21980201 28523594 36934405 44245129 6582023 6801990 847893640 901261141 764264921 810274704 83628719 90986437 X CHRISTIAN FINANCIAL SERVICES NEARLY 55,700 MEMBERS IN METROPOLITAN DETROIT. CHARTERED IN 1950 THE CREDIT UNION'S MISSION IS TO PROVIDE MEMBERS CUSTOMIZED SOLUTIONS TO ENHANCE THEIR FINANCIAL WELL-BEING THROUGH A TRUSTED PARTNERSHIP WITH A DEDICATED TEAM OF PROFESSIONALS FOCUSED ON EXCEEDING THEIR EXPECTATIONS. 0 0 THE CREDIT UNION ORIGINATED $177.4 MILLION IN LOANS TO MEMBERS DURING 2024. LOANS ARE GENERALLY ORIGINATED AT OR BELOW MARKET INTEREST RATES HIGHLIGHTING MEMBER LOYALTY. THE CREDIT UNION OFFERS CONVENIENT DELIVERY CHANNELS FOR MEMBERS WHERE WE FULLY ABSORB THE COST OF THE ABILITY TO USE OVER 30,000 ATMS, ACCESS TO THE SHARED BRANCHING NETWORK WITH OVER 5,600 OUTLETS NATIONWIDE, FREE ACCESS TO ONLINE BANKING AND BILL PAYMENT FOR ALL CONSUMERS. THE CREDIT UNION COMPLETED A WEBSITE AND SYSTEM OVERHAUL IN 2024. THE WEBSITE AND SYSTEM OVERHAUL CONTINUES TO IMPROVE THE MEMBER EXPERIENCE BY MAKING IT EASIER FOR MEMBERS TO ACCESS LENDING AND SAVINGS PRODUCTS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 21630 0 1 218 1 1 1 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X KEVIN MANKOWSKI CPA 5864982853 35100 VAN DYKE AVENUE STERLING HEIGHTS MI 48312 JAMES BANASZAK BOARD CHAIRMAN 1.00 X 0 0 0 MARK TUTTLE BOARD DIRECTOR 1.00 X 0 0 0 PAUL AVERY BOARD SECRETARY 1.00 X 0 0 0 FRED ANDARY BOARD TREASURER 1.00 X 0 0 0 JEFF MALACKO BOARD DIRECTOR 1.00 X 0 0 0 JOHN AMRHEIN BOARD DIRECTOR 1.00 X 0 0 0 LEE CASTIGLIONI BOARD DIRECTOR 1.00 X 0 0 0 TAMIKA ANDERSON BOARD DIRECTOR 1.00 X 0 0 0 MICHAEL DOMZALSKI BOARD DIRECTOR 1.00 X 0 0 0 TONY SHEREDA BOARD VICE CHAIRPERSON 1.00 X 0 0 0 PATRICIA CAMPBELL PRESIDENT & CEO 40.00 X 545987 0 45283 KEVIN MANKOWSKI DIRECTOR OF ACCOUNTING & FINANCE 40.00 X 127799 0 23733 DAVID MAURER CHIEF TECHNOLOGY OFFICER 40.00 X 194944 0 7129 STEVEN ANDREWS CHIEF ADMINISTRATION OFFICER 40.00 X 179862 0 27170 REBEKAH MONROE CHIEF MARKETING AND GROWTH 40.00 X 170197 0 29789 JAMES SPESHOCK CHIEF OPERATIONS OFFICER 40.00 X 164758 0 21883 LAUREN FOGARTY CHIEF DIGITAL STRATEGIES OFFICER 40.00 X 166371 0 15065 1549918 0 170052 25 0 1 0 DIGITAL FIRST HOLDINGS LLC 864 SPRING STREET NW ATLANTA GA 31193 DIGITAL BANKING 969683 CO-OP FINANCIAL SERVICES 9692 HAVEN AVE RANCHO CUCAMONGA CA 97130 FINANCIAL SERVICES 790463 THINK STACK 1300 THAMES STREET SUITE 20 BALTIMORE MD 21231 NETWORK SECURITY 774610 FISERV INC PO BOX 934057 ATLANTA GA 31193 CORE DATA PROCESSOR/IT SERVICES 699860 PSCU 560 CARILLON PARKWAY ST PETERSBURG FL 33716 CREDIT CARD PROCESSOR 634710 28 INCOME FROM MEMBER LOANS 522100 31695140 31695140 FEES, CHARGES, & OTHER 522100 12435426 12435426 FINANCE AND INSURANCE 520000 1580032 1580032 45710598 4825894 4825894 1400755 958969 875000 974097 525755 -15128 510627 510627 51047119 44641193 1580032 4825894 X 36700 10451 742802 11794167 786511 1430175 920729 250696 202190 243842 236005 571100 1460634 3094811 1155014 137283 118329 12185006 85687 959004 191084 DEBIT/CREDIT CARD EXPEN 2979209 LOAN SERVICING 1633597 MAINTENANCE 1016997 MISCELLANEOUS 996042 1007064 44245129 5285241 6174684 42889605 66162627 4690827 5196217 585051645 655552511 1635008 1637590 35147747 7413615 27346346 27734132 151136882 110370658 5074182 5089442 1269242 956707 23514662 22386573 847893640 901261141 4434431 4376904 40000000 20000000 719830490 785897800 764264921 810274704 X 0 0 0 0 83628719 90986437 83628719 90986437 847893640 901261141 X 6801990 449996 105732 X X 0 1 X 1 0 9228774 9228774 19169306 3629997 15539309 6749667 3783618 2966049 27734132 POSTRETIREMENT BENEFIT LIABILITY 215349 CERTIFICATES OF DEPOSIT 264834921 MONEY MARKET 136687868 REGULAR SHARES 263779009 SHARE DRAFTS 120380653 785897800 X 51047119 0 51047119 0 51047119 44245129 0 44245129 0 44245129 PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE AND LOCAL INCOME TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE (IRC) AND STATE TAX LAWS. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME DERIVED BY STATE-CHARTERED CREDIT UNIONS. GENERALLY, THESE TAXES ARE INSIGNIFICANT TO THE CREDIT UNION. 1 MCREST(MACOMB COUNTY ROTATING EMERGENCY SHELTER TEAM) 215 SOUTH MAIN ST MT CLEMENS MI 48043 382842494 501(C)(3) 10000 0 EDUCATING THE COMMUNITY, CREATING HOUSING AND STABILIZATION RESOURCES, CREATING AFFORDABLE HOUSING, BOTH LOCALLY AND IN MICHIGAN SACRED HEART MAJOR SEMINARY 2701 CHICAGO BLVD DETROIT MI 48206 381358214 501(C)(3) 7500 0 PREPARES CANDIDATES FOR THE ROMAN CATHOLIC PRIESTHOOD FOR THE ARCHDIOCESE OF DETROIT AND FOR DIOCESES NATIONALLY AND INTERNATIONALLY HABITAT FOR HUMANITY DETROIT 14325 JANE AVE DETROIT MI 48205 382708025 501(C)(3) 5200 0 CONTRIBUTION TO BUILD OR RENOVATE SIMPLE, DECENT HOUSES TO SUPPORT FAMILIES, IMPROVING THEIR LIVING CONDITIONS BLESSINGS IN A BACKPACK- WARRENCOMMUNITY FOUNDATION OF GREATER ROCHESTER 6100 DUTCHMANS LANE SUITE 603 LOUISVILLE KY 40205 382476777 501(C)(3) 8000 0 CHARITABLE CONTRIBUTION TO SUPPORT THE PACKING AND DISTRIBUTING OVER 400 BAGS OF FOOD AT ENGELHARD ELEMENTARY IN LOUISVILLE MACOMB COUNTY HABITAT FOR HUMANITY 22005 VAN DYKE AVE WARREN MI 48089 383135471 501(C)(3) 6000 0 CONTRIBUTION TO BUILD OR RENOVATE SIMPLE, DECENT HOUSES TO SUPPORT FAMILIES, IMPROVING THEIR LIVING CONDITIONS 5 0 SCHOLARSHIPS 16 10451 PART I, LINE 2: DONATIONS TO ORGANIZATIONS ARE CONSIDERED CHARITABLE CONTRIBUTIONS, NOT GRANTS. THEREFORE, THERE IS NO MONITORING BY CHRISTIAN FINANCIAL CREDIT UNION SUBSEQUENT TO DISBURSEMENT. FORM 990, PART III, LINE 1 SCHOLARSHIP RECIPIENTS ARE SELECTED BY THE BUSINESS DEVELOPMENT DEPARTMENT, AND CONTRIBUTIONS ARE TRACKED AND RECONCILED BY THE ACCOUNTING DEPARTMENT. X 1 1 X X X X 0 0 0 PATRICIA CAMPBELL PRESIDENT & CEO 453077 0 92910 0 0 0 13800 0 31483 0 591270 0 0 0 STEVEN ANDREWS CHIEF ADMINISTRATION OFFICER 167212 0 12650 0 0 0 7149 0 20021 0 207032 0 0 0 DAVID MAURER CHIEF TECHNOLOGY OFFICER 156144 0 38800 0 0 0 6613 0 516 0 202073 0 0 0 REBEKAH MONROE CHIEF MARKETING AND GROWTH 138947 0 31250 0 0 0 6298 0 23491 0 199986 0 0 0 JAMES SPESHOCK CHIEF OPERATIONS OFFICER 145608 0 19150 0 0 0 6221 0 15662 0 186641 0 0 0 LAUREN FOGARTY CHIEF DIGITAL STRATEGIES OFFICER 152971 0 13400 0 0 0 6388 0 8677 0 181436 0 0 0 KEVIN MANKOWSKI DIRECTOR OF ACCOUNTING & FINANCE 116699 0 11100 0 0 0 5428 0 18305 0 151532 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 ANY INDIVIDUAL THAT HAS AN ACCOUNT WITH THE CREDIT UNION IS CONSIDERED A MEMBER. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER IS GIVEN ONE VOTE TO ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR AND AS REQUIRED BY THE MICHIGAN CREDIT UNION ACT AND THE BY-LAWS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED AT A REGULAR BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR ALL EMPLOYEES, MANAGEMENT AND BOARD MEMBERS ARE PROVIDED WITH COPIES OF THE POLICIES AND MUST SIGN FOR ACKNOWLEDGMENT. FORM 990, PART VI, SECTION B, LINE 15 PRESIDENT/CEO COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS; COMPENSATION SURVEY DATA IS USED. SENIOR MANAGEMENT COMPENSATION IS APPROVED BY PRESIDENT/CEO; COMPENSATION SURVEY DATA IS USED. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENT ARE NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNION'S FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND ARE POSTED IN ALL CREDIT UNION BRANCH LOCATIONS. FORM 990, PART IX, LINE 24E PROVISION FOR LOAN LOSS 490,000. ATM EXPENSES 436,533. EDUCATION 80,531. FORM 990, PART XI, LINE 9: RECLASSIFICATION ADJUSTMENT FOR NET LOSSES ON AFS SECURITIES INCLUDED IN NET INCOME 105,732. FORM 990, PART XII, LINE 2C: WE HAVE A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. OUR PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. CHRISTIAN FINANCIAL OUTREACH AND IMPACT FOUNDATION INC 35100 VAN DYKE AVE STERLING HEIGHTS MI 48312 882812086 RECEIVE AND ADMINISTER FUNDS AND AWARDS TO CHARITABLE ORGANIZATIONS MI 501(C)(3) PF CHRISTIAN FINANCIAL CREDIT UNION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0