EIN 38-0960035

Community Choice Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
481
Year formed
1935
Most recent tax filings
2023-12-01
Description
Established in 1935, Community Choice Credit Union offers a wide variety of financial products and services for both consumers and businesses. Community Choice Credit Union and its team members are dedicated to improving the communities they serve. Michigan is also their home and they take pride in giving back and giving big. Their community services are centered around their member center locations throughout Michigan. Once you become a member of Community Choice Credit Union, you remain a member for life, even if you change jobs, retire or relocate.
Related structure
Community Choice Credit Union is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
Credit Union Chartered in the State of Community Choice Credit Union; Credit Unions Chartered By the State of Michigan
Total revenues
$102,901,319
2023
Total expenses
$98,586,856
2023
Total assets
$1,787,760,337
2023
Num. employees
481
2023

Program areas at Community Choice Credit Union

Lending: helped members by loaning them mortgages, home equity loans and auto loans with aggregate loan balances that approximated $1,350,876,000 as of december 31, 2023.
Rewards: rewards are paid for members use of products and services including debit cards, loans, and deposits.
Deposits: members deposited in savings, checking, business, and investments accounts including ira and cds, with aggregate deposit balances that approximated $1,516,489,000 as of december 31, 2023.

Grants made by Community Choice Credit Union

GranteeGrant descriptionAmount
Community Choice FoundationCharitable Contribution$75,000

Personnel at Community Choice Credit Union

NameTitleCompensation
Robert BavaChief Executive Officer$881,109
Daniel MunroChief Operating Officer and Executive Vice President / Chief Information Officer$468,809
Kelli Wisner-FrankChief Financial Officer$403,919
Jenny LudwigsenVice President Marketing$255,708
Carlington BucknorVice President of Technology$224,451
...and 9 more key personnel

Financials for Community Choice Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$95,078,708
Investment income and dividends$5,547,416
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$545,706
Net gain from sale of non-inventory assets$40,095
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,689,394
Total revenues$102,901,319

Form 990s for Community Choice Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-15990View PDF
2021-122022-11-09990View PDF
2020-122021-11-15990View PDF
2019-122021-06-24990View PDF
...and 11 more Form 990s
Data update history
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 29, 2023
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 14, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
July 7, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
Public policy
Characteristics
MembershipsState / local levelCommunity engagement / volunteering
General information
Address
31155 Northwestern Hwy
Farmington Hills, MI 48334
Metro area
Detroit-Warren-Dearborn, MI
County
Oakland County, MI
Website URL
communitychoicecu.com/ 
Phone
(877) 243-2528
Facebook page
CommunityChoiceCreditUnion 
Twitter profile
@commchoicecu 
IRS details
EIN
38-0960035
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1935
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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