Program areas at Credit Unions Chartered in the State of Michigan - 225 Michigan Legacy Credit Union
The organization is a state chartered member owned cooperative Credit Union that provides financial services and products to the member owners. Michigan Legacy Credit Union has provided 12,718 active loans including member business, indirect, participation, real estate, vehicle, recreational vehicle, lines of Credit, home equity and Credit card. Also offered are atm's, debit cards, check cashing, wire transfers, checking accounts, ira's, certificates of deposit, bill pay, money orders, cashiers checks, courtesy pay, remote deposit capture, an app and financial counseling through its strategic partnerships.
Personnel at Credit Unions Chartered in the State of Michigan - 225 Michigan Legacy Credit Union
| Name | Title | Compensation | Date of data |
|---|
| Carma S Peters | President and Chief Executive Officer | $244,861 | 2023-09-26 |
| Gary Leach | Executive Vice President and Chief Operating Officer | $203,479 | 2022-12-31 |
| Jeanette McComb | Treasurer | $0 | 2022-12-31 |
| Bruce Crossman | Chairperson | $0 | 2022-12-31 |
| Ronald Grobbel | Vice Chairperson | $0 | 2022-12-31 |
| ...and 3 more key personnel |
Financials for Credit Unions Chartered in the State of Michigan - 225 Michigan Legacy Credit Union
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $10,031,946 | $9,955,563 | 0.8% |
| Investment income and dividends | $1,489,039 | $1,479,965 | 0.6% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $11,520,985 | $11,435,528 | 0.7% |
Organizations like Credit Unions Chartered in the State of Michigan - 225 Michigan Legacy Credit Union
| Organization | Type | Location | Revenue |
|---|
| Credit Unions Chartered in the State of Michigan - 1072 HPC Credit Union | 501(c)(14) | Alpena, MI | $4,415,579 |
| Astera Credit Union | 501(c)(14) | Lansing, MI | $11,400,277 |
| Preferred Credit Union | 501(c)(14) | Grand Rapids, MI | $13,405,718 |
| Monroe County Community Credit Union - 319 Monroe County Community C U (MCCCU) | 501(c)(14) | Monroe, MI | $13,744,255 |
| Credit Unions Chartered in the State of Michigan - 1102 Motor City Co-Op CRDT Un | 501(c)(14) | Clinton Township, MI | $6,722,799 |
| CASE Credit Union | 501(c)(14) | Lansing, MI | $20,419,805 |
| Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu | 501(c)(14) | Sterling Heights, MI | $35,732,823 |
| 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 - 276 Parkside Credit Union | 501(c)(14) | Westland, MI | $11,368,957 |
| Credit Unions Chartered in the State of Michigan - 264 Safe Harbor Credit Union | 501(c)(14) | Ludington, MI | $6,315,016 |
Data update history
December 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 3, 2023
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 1, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 23, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
- Address
- 269 Oak St
- Wyandotte, MI 48192
- Metro area
- Detroit-Warren-Dearborn, MI
- Website URL
- michiganlegacycu.org/Â
- Phone
- (734) 285-0600
- Facebook page
- MichiganLegacyCreditUnionÂ
- Twitter profile
- @milegacycuÂ
IRS details
- EIN
- 38-1295875
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1946
- 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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