EIN 38-1418180

Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu

IRS 501(c) type
501(c)(14)
Num. employees
202
Year formed
1950
Most recent tax filings
2022-12-01
Description
Christian Financial Cu provides products and services that enhance financial well-being via trusted partnerships with over 59K members.
Related structure
Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
Christian Financial Credit Union; Credit Unions Chartered in the State of Christian Financial Credit Union; 1117 Christian Financial Cu
Total revenues
$35,732,823
2022
Total expenses
$29,590,642
2022
Total assets
$819,959,969
2022
Num. employees
202
2022

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

GranteeGrant descriptionAmount
Sacred Heart SeminaryCharitable Contribution$30,000
Macomb County Rotating Emergency Shelter Team (MCREST)Charitable Contribution$10,000
Society of St Vincent de Paul - DetroitCharitable Contribution$10,000
...and 2 more grants made

Personnel at Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu

NameTitleCompensation
Patricia CampbellPresident and Chief Executive Officer$499,536
James SpeshockChief Operating Officer$145,815
Vallorie McBrideChief Financial Officer$144,961
Rebekah MonroeChief Marketing and Growth Officer$126,813
Lauren FogartyChief Digital Strategies Officer / Chief Strategy Officer$151,996
...and 2 more key personnel

Financials for Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$31,492,325
Investment income and dividends$4,054,642
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,185
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$182,671
Total revenues$35,732,823

Form 990s for Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-07990View PDF
2020-122021-10-27990View PDF
2019-122021-06-08990View PDF
2018-122019-10-30990View PDF
...and 9 more Form 990s
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
Credit 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/ 
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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