2025-03-07T12:05:41-08:00 2024-12-31 650152722 FINANCIAL STANDARDS GROUP INC 6447 W HIGHWAY 146 CRESTWOOD KY 40014 990 2024-01-01 381586641 CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN NORTH CENTRAL AREA CREDIT UNION CRED 9899105135 2665 S RESERVE ROAD HOUGHTON LAKE MI 48629 MARK RICHTER CEO 2025-03-07 true true Donald E Lingerfelt P00339004 8005225820 2024 2025-03-06 01:10:19Z MARK RICHTER 2665 S RESERVE ROAD HOUGHTON LAKE MI 48629 16685370 false X https://ncacu.org/ X 1956 MI TO PROVIDE AFFORDABLE, HIGH QUALITY, COMPLETE FINANCIAL SERVICES TO OUR MEMBERS AND THEIR FAMILIES AND TO FOSTER CONTINUED GROWTH AND STABILITY OF THE CREDIT UNION. 11 11 82 12 351512 62479 0 11952351 14880674 1795276 1918688 476273 -113992 14223900 16685370 0 0 4135488 5393057 0 0 7275602 8285250 11411090 13678307 2812810 3007063 223678189 241687217 206414942 220616431 17263247 21070786 TO PROVIDE AFFORDABLE, HIGH QUALITY, COMPLETE FINANCIAL SERVICES TO OUR MEMBERS AND THEIR FAMILIES AND TO FOSTER CONTINUED GROWTH AND STABILITY OF THE CREDIT UNION. false false PROVIDE 20,498 MEMBERS WITH SAVINGS, CHECKING, CLUB, MONEY MARKET, INDIVIDUAL RETIREMENT AND CERTIFICATE OF DEPOSIT ACCOUNTS TOTALING $205.4 MILLION. PROVIDE APPROX. 13,544 VEHICLE, REAL ESTATE, BUSINESS, CREDIT CARD AND LINE OF CREDIT LOANS. OFFER ATM AND DEBIT CARDS, OVERDRAFT PROTECTION, MONEY ORDERS AND INSURANCE PRODUCTS TO ALL ELIGIBLE MEMBERS. false false false false false false false false false true false false false true false true 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 4131 0 true 82 true true true false false false false false false false X 11 11 false false false false true true true true true false true true false true true true true true true true false X MICHELLE ROSS 9899105135 2665 S RESERVE ROAD HOUGHTON LAKE MI 48629 MARK RICHTER CEO 40.00 0.00 X 292955 0 44607 MICHELLE ROSS CFO 40.00 0.00 X 158889 0 33778 KELLY MCCARTY-TUBBS Vice President 40.00 0.00 X 141538 0 29629 TAMMY SCHWALM COO 40.00 0.00 X 142079 0 25829 PHILIP JACQUES Vice President 40.00 0.00 X 114578 0 30643 STEPHEN WITT Chairman 1.00 0.00 X 0 0 0 ERIC HAMP Treasurer 1.00 0.00 X 0 0 0 KOREEN PRAY Secretary 1.00 0.00 X 0 0 0 KAREN WIETZKE Director 1.00 0.00 X 0 0 0 MEGAN BARNES Director 1.00 0.00 X 0 0 0 LAURIE HULL Director 1.00 0.00 X 0 0 0 THOMAS MOREAU Director 1.00 0.00 X 0 0 0 DAVE DENBOER Director 1.00 0.00 X 0 0 0 MARK DERYLO Director 1.00 0.00 X 0 0 0 ANTHONY RUSSO Director 1.00 0.00 X 0 0 0 ANGIE ZYLSTRA Director 0.00 0.00 X 0 0 0 ANGIE ZYLSTRA Director 1.00 0.00 X 0 0 0 850039 164486 5 false true false CUANSWERS 6000 28TH ST SE 100 GRAND RAPIDS MI 49546 DATA PROCESSING 680162 CO-OP 9692 Haven Ave Rancho Cucamonga CA 91730 DEBIT CARD/ATM PROCESSING 596981 FIS 601 Riverside Ave Jacksonville FL 32204 CREDIT CARD PROCESSING 307270 SAFETYNET 1771 PARK AVE TRAVERSE CITY MI 49686 IT SERVICES 163714 EVERON 22325 ROETHEL DR NOVI MI 48375 SECURITY SYSTEMS 117517 6 0 CAR WARRANTY INCOME 525990 260786 260786 FEE AND OTHER INCOME 522100 3703144 3698277 4867 FINANCIAL SERVICES - CUSO 523000 31821 31821 INSURANCE SALES 524298 44044 44044 LOAN INTEREST 522100 10830885 10830885 9994 9994 14880674 1918688 1918688 0 0 0 0 0 0 0 -113992 16685370 16333858 351512 0 0 0 0 1014525 0 3381125 159831 552397 285179 0 36076 0 0 0 3292 0 346662 1069550 660704 0 324082 307273 0 0 3096420 14196 238637 50487 LOAN SERVICING 964975 PROVISION FOR CREDIT LOSSES 902461 MISC. 117487 PROF. & OUTSIDE SERVICES 117104 35844 13678307 0 0 0 1480104 788766 28329923 42179420 0 82304 45406 0 0 145190499 160467318 0 165702 115131 8253747 3333683 4474331 4920064 37684559 26054360 720001 1309632 0 863548 772648 4687218 5034472 223678189 241687217 2728787 2142132 203686155 218474299 206414942 220616431 X 17263247 21070786 17263247 21070786 223678189 241687217 3007063 800476 X false false false 792970 792970 5690459 2341940 3348519 871157 575238 295919 899161 416505 482656 4920064 BORROWING 2500000 MEMBER SHARES 215974299 218474299 16685370 16685370 16685370 13678307 13678307 13678307 false false false KELLY MCCARTY-TUBBS Vice President 125646 15892 11708 17921 171167 MARK RICHTER CEO 255083 37872 23872 20735 337562 MICHELLE ROSS CFO 139867 19022 13156 20622 192667 TAMMY SCHWALM COO 138238 3841 11673 14156 167908 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 BOARD MEMBERS ARE ELECTED AT THE ANNUAL MEETING FOR THREE YEAR STAGGERED TERMS. Form 990, Part VI, Section A, Line 7b MERGERS AND CERTAIN CHARTER CONVERSIONS REQUIRE A VOTE BY THE MEMBERSHIP. Form 990, Part VI, Section B, Line 11b 990 is reviewed by VP of accounting, CFO, and CEO before submitted by PREPARER. Form 990, Part VI, Section B, Line 12c Compliance department ensures policy is reviewed annually for any changes Form 990, Part VI, Section B, Line 15a USE COMPEASE SYSTEM WITH COMPARABLE DATE, ALONG WITH EXECUTIVE COMPENSATION COMMITTEE REVIEW FOR APPROVAL TO THE BOARD. Form 990, Part VI, Section B, Line 15b COMPEASE IS USED TO SCORE OFFICES BY THE VP OF HR, AND THEN GIVEN TO THE CEO FOR REVIEW AND APPROVAL. Form 990, Part VI, Section C, Line 19 THE 990, 990T AND POLICIES ARE AVAILABLE AT THE ADMINISTRATIVE BUILDING AT 2665 S. RESERVE RD. MONTHLY FINANCIAL STATEMENTS ARE DISPLAYED AT EACH CREDIT UNION BRANCH LOBBY.