Program areas at Credit Unions Chartered By the State of Michigan - 85 Community Choice Credit Union
Lending: helped members change their addresses and make updates to their homes by loaning them $97.1 million in mortgages and home equity loans; lent a helping hand to business members loaning them $79.6 million; and helped members get back to the office by loaning $295.3 million in auto loans.
Rewards: paid over $3.5 million in rewards to members in 2022. Rewards are paid for members use of products and services including debit cards, loans, and deposits.
Deposits: members deposited over $1.5 billion in savings, checking, business, and investments accounts including ira and cds.
Grants made by Credit Unions Chartered By the State of Michigan - 85 Community Choice Credit Union
Personnel at Credit Unions Chartered By the State of Michigan - 85 Community Choice Credit Union
| Name | Title | Compensation | Date of data |
|---|
| Robert Bava | Chief Executive Officer | $881,109 | 2022-12-31 |
| Daniel Munro | Chief Operating Officer and Executive Vice President / Chief Information Officer | $468,809 | 2022-12-31 |
| Kelli Wisner-Frank | Chief Financial Officer | $373,362 | 2023-11-15 |
| Jenny Ludwigsen | Vice President Marketing | $224,174 | 2022-12-31 |
| Carlington Bucknor | Vice President of Technology | $224,451 | 2022-12-31 |
| ...and 10 more key personnel |
Financials for Credit Unions Chartered By the State of Michigan - 85 Community Choice Credit Union
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $76,733,478 | $65,663,288 | 16.9% |
| Investment income and dividends | $4,524,052 | $4,549,212 | -0.6% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $545,301 | $544,005 | 0.2% |
| Net gain from sale of non-inventory assets | $140,913 | $63,994 | 120.2% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $2,193,649 | $3,500,633 | -37.3% |
| Total revenues | $84,137,393 | $74,321,132 | 13.2% |
Organizations like Credit Unions Chartered By the State of Michigan - 85 Community Choice Credit Union
| Organization | Type | Location | Revenue |
|---|
| Credit Unions Chartered in the State of Michigan - 118 Adventure Credit Union | 501(c)(14) | Grand Rapids, MI | $22,480,279 |
| Alliance Catholic Credit | 501(c)(14) | Farmington Hills, MI | $23,179,127 |
| Michigan First Credit Union | 501(c)(14) | Lathrup Village, MI | $108,549,762 |
| Lake Trust Credit Union | 501(c)(14) | Brighton, MI | $102,003,770 |
| Credit Unions Chartered in the State of Michigan - 423 Security Credit Union | 501(c)(14) | Holly, MI | $29,269,007 |
| Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu | 501(c)(14) | Sterling Heights, MI | $35,732,823 |
| Credit Unions Chartered in the State of Michigan - 80 Arbor Financial Credit Union | 501(c)(14) | Kalamazoo, MI | $42,599,576 |
| Community Financial Credit Union (CFCU) | 501(c)(14) | Plymouth, MI | $68,299,039 |
| Credit Unions Chartered in the State of Michigan - 1203 Pfcu | 501(c)(14) | Portland, MI | $35,812,251 |
| Credit Unions Chartered in the State of Michigan - 165 Credit Union One (CUONE) | 501(c)(14) | Ferndale, MI | $70,267,649 |
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/Â
- Phone
- (877) 243-2528
- Facebook page
- CommunityChoiceCreditUnionÂ
- Twitter profile
- @commchoicecuÂ
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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