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 |
| Stacyann Smith | Chief Financial Officer | $143,908 | 2023-12-31 |
| Abby Smith | Director | $108,018 | 2023-12-31 |
| Meghan Chenoweth | Vice President | $130,070 | 2023-12-31 |
| ...and 1 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 |
|---|
| Preferred Credit Union | 501(c)(14) | Grand Rapids, MI | $15,755,243 |
| Credit Unions Chartered in the State of Michigan - 702 Isabella Community Credit Union | 501(c)(14) | MT Pleasant, MI | $9,748,236 |
| Credit Unions Chartered in the State of Michigan - 1072 HPC Credit Union | 501(c)(14) | Alpena, MI | $5,429,627 |
| Soo Co-op Credit Union | 501(c)(14) | Sault Ste Marie, MI | $13,688,606 |
| Credit Unions Chartered in the State of Michigan - 82 One Detroit Credit Union | 501(c)(14) | Detroit, MI | $15,957,635 |
| Monroe Community Credit Union - 319 Monroe County Community C U (MCCCU) | 501(c)(14) | Monroe, MI | $17,587,630 |
| Credit UNIONS CHARTERED IN THE STATE OF Michigan - 126 Members First Credit Union (MFCU) | 501(c)(14) | Midland, MI | $54,322,500 |
| Credit Unions Chartered in the State of Michigan - 384 Extra Credit Union | 501(c)(14) | Warren, MI | $24,218,411 |
| Up St Credit Union - 446 U P State Credit Union | 501(c)(14) | Escanaba, MI | $7,471,309 |
| Credit Unions Chartered in the State of Michigan - 837 Our Credit Union | 501(c)(14) | Royal Oak, MI | $18,978,004 |
Data update history
August 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 23, 2024
Updated personnel
Identified 2 new personnel
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
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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