Program areas at Credit Unions Chartered in the State of Michigan - 508 TBA Credit Union
The Credit Union provides several deposit account types to members including savings, checking, certificates and other. The total number of members at 12/31/2023 was 19,137
Offer automated teller machines, debit cards, money orders, safe deposit boxes, bill payment, travelers checks, digital wallet-apple, google pay, samsung pay and various insurance programs.
The Credit Union provides a variety of loans to members including real estate, Credit card, vehicle and other. The total number of loans outstanding at 12/31/2023 was 12,663.
Personnel at Credit Unions Chartered in the State of Michigan - 508 TBA Credit Union
Name | Title | Compensation | Date of data |
---|
Karen Browne | Chief Executive Officer | $306,282 | 2024-05-08 |
Christie Dompierre | Chief Operating Officer | $109,780 | 2022-12-31 |
Robin Wybenga | Former Chief Financial Officer | $173,625 | 2022-12-31 |
Stacyann Smith | Chief Financial Officer | $143,908 | 2023-12-31 |
Abby Smith | Director | $108,018 | 2023-12-31 |
...and 3 more key personnel |
Financials for Credit Unions Chartered in the State of Michigan - 508 TBA Credit Union
Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
---|
Total grants, contributions, etc. | $0 | $0 | - |
Program services | $14,740,325 | $11,375,342 | 29.6% |
Investment income and dividends | $1,543,105 | $1,093,646 | 41.1% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $52,760 | $51,726 | 2% |
Net gain from sale of non-inventory assets | $0 | $120 | -100% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $1,459,058 | $35,172 | 4048.4% |
Total revenues | $17,795,248 | $12,556,006 | 41.7% |
Organizations like Credit Unions Chartered in the State of Michigan - 508 TBA Credit Union
Organization | Type | Location | Revenue |
---|
Credit Unions Chartered in the State of Michigan Allegis Credit Union | 501(c)(14) | Kalamazoo, MI | $5,538,378 |
Compass Community Credit Union / Compass Credit Union | 501(c)(14) | Sparta, MI | $4,649,637 |
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 - 118 Adventure Credit Union | 501(c)(14) | Grand Rapids, MI | $22,480,279 |
Credit Unions Chartered in the State of Michigan - 1043 COPOCO Community Credit Union | 501(c)(14) | Bay City, MI | $4,868,820 |
Credit Unions Chartered in the State of Michigan - 1055 FinancialEdge Community Cu | 501(c)(14) | Bay City, MI | $5,984,878 |
Credit Unions Chartered in the State of Michigan - 741 Meijer Credit Union | 501(c)(14) | Grand Rapids, MI | $5,162,845 |
Credit Unions Chartered in the State of Michigan - 367 Harborlight Credit Union | 501(c)(14) | Whitehall, MI | $7,219,078 |
Credit Unions Chartered in the State of Michigan - 1099 Wolverine State Credit Union | 501(c)(14) | Alpena, MI | $6,150,132 |
Credit Unions Chartered in the State of Michigan - 1200 Financial Plus Credit Union | 501(c)(14) | Flint, MI | $49,966,116 |
Data update history
July 11, 2024
Used new vendors
Identified 1 new vendor, including
November 23, 2023
Updated personnel
Identified 1 new personnel
August 10, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 6 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
- Address
- 630 E Front St
- Traverse City, MI 49686
- County
- Grand Traverse County, MI
- Website URL
- tbacu.com/Â
- Phone
- (231) 946-7090
IRS details
- EIN
- 38-1602298
- 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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