Program areas at Credit Unions Chartered in the State of Michigan - 423 Security Credit Union
Provide 52,806 members with regular shares, share drafts, money market and certificate accounts totaling 88,288.
Offer automated teller machines, wire transfers, money orders, home banking, mobile banking, and various insurance programs.
Provide loans including vehicle, business, first mortgage, home equity, line of Credit, and unsecured loans.
Personnel at Credit Unions Chartered in the State of Michigan - 423 Security Credit Union
| Name | Title | Compensation | Date of data |
|---|
| Christopher Estes | President and Chief Executive Officer | $837,825 | 2022-12-31 |
| Jay Yax | Senior Vice President Operations and Chief Operating Officer | $183,785 | 2022-12-31 |
| Joseph Regan | Vice President of It | $134,823 | 2022-12-31 |
| Amanda Sherwood | Vice President Human Resources | $121,326 | 2022-12-31 |
| Katie Krane | Vice President Sales and Service | $104,954 | 2022-12-31 |
| ...and 13 more key personnel |
Financials for Credit Unions Chartered in the State of Michigan - 423 Security Credit Union
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $33,198,934 | $27,365,054 | 21.3% |
| Investment income and dividends | $2,041,006 | $1,860,708 | 9.7% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $8,192 | $43,245 | -81.1% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $94,454 | $0 | 999% |
| Total revenues | $35,342,586 | $29,269,007 | 20.8% |
Organizations like Credit Unions Chartered in the State of Michigan - 423 Security Credit Union
| Organization | Type | Location | Revenue |
|---|
| Bloom Credit Union | 501(c)(14) | Wyoming, MI | $12,667,168 |
| 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 - 225 Michigan Legacy Credit Union | 501(c)(14) | Wyandotte, MI | $11,520,985 |
| Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu | 501(c)(14) | Sterling Heights, MI | $35,732,823 |
| CASE Credit Union | 501(c)(14) | Lansing, MI | $20,419,805 |
| Credit Unions Chartered in the State of Michigan - 80 Arbor Financial Credit Union | 501(c)(14) | Kalamazoo, MI | $42,599,576 |
| Credit Unions Chartered in the State of Michigan - 565 North Central Area Credit Union | 501(c)(14) | Houghton Lake, MI | $14,223,900 |
| Astera Credit Union | 501(c)(14) | Lansing, MI | $12,619,706 |
| Monroe County Community Credit Union - 319 Monroe County Community C U (MCCCU) | 501(c)(14) | Monroe, MI | $13,744,255 |
Data update history
December 5, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 4, 2023
Updated personnel
Identified 2 new personnel
November 28, 2023
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 12, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
- Address
- 5255 Security Park Blvd
- Holly, MI 48442
- Metro area
- Detroit-Warren-Dearborn, MI
- County
- Oakland County, MI
- Website URL
- securitycu.org/Â
- Phone
- (810) 235-2322
- Twitter profile
- @securitycredituÂ
IRS details
- EIN
- 38-1514946
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1955
- 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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