Program areas at Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu
The Credit Union originated $168.1 million in loans to members during 2022. 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 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 an online banking system conversion in 2022. The system continues to improve the member experience through the offering of products such as lending and account originations online and mobile banking.
Grants made by Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu
Personnel at Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu
| Name | Title | Compensation | Date of data |
|---|
| Patricia Campbell | President and Chief Executive Officer | $499,536 | 2023-11-13 |
| James Speshock | Chief Operating Officer | $145,815 | 2022-12-31 |
| Vallorie McBride | Chief Financial Officer | $144,961 | 2022-12-31 |
| Rebekah Monroe | Chief Marketing and Growth Officer | $126,813 | 2022-12-31 |
| Lauren Fogarty | Chief Digital Strategies Officer / Chief Strategy Officer | $151,996 | 2022-12-31 |
| ...and 2 more key personnel |
Financials for Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $31,492,325 | $29,170,790 | 8% |
| Investment income and dividends | $4,054,642 | $2,171,687 | 86.7% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $3,185 | $18,381 | -82.7% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $182,671 | $2,056,861 | -91.1% |
| Total revenues | $35,732,823 | $33,417,719 | 6.9% |
Organizations like Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu
| Organization | Type | Location | Revenue |
|---|
| Lake Trust Credit Union | 501(c)(14) | Brighton, MI | $102,003,770 |
| Community Financial Credit Union (CFCU) | 501(c)(14) | Plymouth, MI | $68,299,039 |
| Alliance Catholic Credit | 501(c)(14) | Farmington Hills, MI | $23,179,127 |
| Advia Credit Union - 71 Advia Credit Union | 501(c)(14) | Kalamazoo, MI | $137,191,450 |
| Credit Unions Chartered in the State of Michigan - 423 Security Credit Union | 501(c)(14) | Holly, MI | $29,269,007 |
| Michigan First Credit Union | 501(c)(14) | Lathrup Village, MI | $108,549,762 |
| Bloom Credit Union | 501(c)(14) | Wyoming, MI | $12,667,168 |
| Astera Credit Union | 501(c)(14) | Lansing, MI | $11,400,277 |
| Monroe County Community Credit Union - 319 Monroe County Community C U (MCCCU) | 501(c)(14) | Monroe, MI | $13,744,255 |
| Preferred Credit Union | 501(c)(14) | Grand Rapids, MI | $15,755,243 |
Data update history
January 3, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Updated personnel
Identified 1 new personnel
December 25, 2023
Used new vendors
Identified 1 new vendor, including
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsCredit unionsChapter / child organizations
Issues
No issues found
Characteristics
ChristianReligiousMembershipsState / local level
General information
- Address
- 35100 Van Dyke Ave
- Sterling Heights, MI 48312
- Metro area
- Detroit-Warren-Dearborn, MI
- County
- Macomb County, MI
- Website URL
- christianfinancialcu.com/Â
- Phone
- (586) 772-6330
IRS details
- EIN
- 38-1418180
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1950
- 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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