Program areas at Great Lakes Credit Union
Loans are granted to individuals who are members in good standing with the Credit Union and who qualify for such loans. Glcu provides the following types of loans, mortgages, heloc's, auto, rv, unsecured, boat and commercial.
Various insurance products are offered to members. Types of products offered include Credit life, Credit disability, mechanical breakdown protection (mbp) and financial gap protection.
Atm debit cards are available to members who apply for electronic access to their accounts for deposit and withdrawal of funds and account information. Various types of checking accounts are offered to members, some with no monthly service fee.
Who funds Great Lakes Credit Union
Grants from foundations and other nonprofits
Personnel at Great Lakes Credit Union
Name | Title | Compensation | Date of data |
---|
Steven Bugg | President and Chief Executive Officer | $570,574 | 2023-12-31 |
Elizabeth Osborne | Chief Operations Officer | $245,567 | 2023-12-31 |
Timothy Lukomski | Chief Fianancial Officer | $291,495 | 2024-05-13 |
Michael Hersh | Chief Administrative Officer | $264,560 | 2023-12-31 |
Predrag Grmusa | Vice President of Human Resources and Organizational Development | $147,369 | 2023-12-31 |
...and 15 more key personnel |
Financials for Great Lakes Credit Union
Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
---|
Total grants, contributions, etc. | $534,675 | $281,781 | 89.7% |
Program services | $56,889,514 | $50,491,977 | 12.7% |
Investment income and dividends | $7,459,046 | $3,690,654 | 102.1% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $-166,041 | $-407,618 | 59.3% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $43,378 | $0 | 999% |
Total revenues | $64,760,572 | $54,056,794 | 19.8% |
Organizations like Great Lakes Credit Union
Organization | Type | Location | Revenue |
---|
Crane Credit Union | 501(c)(14) | Odon, IN | $40,555,341 |
Credit Union of America | 501(c)(14) | Wichita, KS | $79,212,400 |
Credit Union 1 | 501(c)(14) | Anchorage, AK | $77,760,445 |
Metro Credit Union | 501(c)(14) | Chelsea, MA | $114,336,853 |
Potlach No 1 Financial Credit Union | 501(c)(14) | Lewiston, ID | $101,119,936 |
Harvard University Employees Credit Union (HUECU) | 501(c)(14) | Cambridge, MA | $53,971,563 |
Navigant Credit Union | 501(c)(14) | Smithfield, RI | $130,542,626 |
VIA Credit Union | 501(c)(14) | Marion, IN | $20,356,846 |
Hudson River Community Credit Union | 501(c)(14) | Corinth, NY | $19,095,276 |
Infuze Credit Union | 501(c)(14) | Waynesville, MO | $19,866,849 |
Data update history
July 15, 2024
Updated personnel
Identified 4 new personnel
July 8, 2024
Used new vendors
Identified 4 new vendors, including , , , and
July 3, 2024
Updated personnel
Identified 1 new personnel
July 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
June 28, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
No issues found
Characteristics
Receives government fundingProvides scholarships
General information
- Address
- 2111 Waukegan Rd
- Bannockburn, IL 60015
- Metro area
- Chicago-Naperville-Elgin, IL-IN-WI
- County
- Lake County, IL
- Website URL
- glcu.org/Â
- Phone
- (847) 578-7000
IRS details
- EIN
- 36-1163912
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1938
- 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
- Central organization
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