2023-04-10T12:41:20-07:00 2022-12-31 650152722 FINANCIAL STANDARDS GROUP INC 6447 W HIGHWAY 146 CRESTWOOD KY 40014 990 2022-01-01 381448844 MICHIGAN UNITED CREDIT UNION MICH 2486475958 576 E Lincoln Birmingham MI 48009 Andrew Staley CEO/President 2023-04-10 true Andrew Staley 999009999 true Patrick Haughey P01980057 8005225820 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Andrew Staley 576 E Lincoln Birmingham MI 48009 12215109 false X https://michiganunitedcu.org/ X 1931 MI To provide financial services to member owners with a common bond. 15 15 93 15 54503 0 8473711 10161930 1141642 1760479 0 9615353 11922409 0 0 4530663 5229990 0 0 4075301 4825961 8605964 10055951 1009389 1866458 344071075 357324452 312416587 324176449 31654488 33148003 We strive to improve the financial lives of our members through education, trust, and innovative products and services. false false The Credit Union provides several deposit account types to members including savings, checking, certificates and other. The total number of active members at 12/31/2022 was 23,876. 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 12/31/2022 was 14,076. Offer Automated Teller Machines, debit cards, check cashing, wire transfers, money orders, Traveler's Checks, Courtesy Pay, financial education & counseling and various insurance programs. false false false false false false false false false true true false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 1951 0 true 93 true true true false false false false false false false X 15 15 false false false false true true true true true false true true false true true true true true true true false X Andrew Staley 2486475958 576 E Lincoln Birmingham MI 48009 Andrew Staley CEO/President 40.00 0.00 X 279000 0 40395 SAMIR SHABANDER EVP FINANCE 40.00 0.00 X 135135 0 33091 Gerry Coyne Executive VP 40.00 0.00 X 142102 0 21135 Richard Perry Chairperson 1.00 0.00 X 0 0 0 James Stevenson Director 1.00 0.00 X 0 0 0 Norm Juchno Secretary 1.00 0.00 X 0 0 0 Elizabeth Morehouse Treasurer 1.00 0.00 X 0 0 0 Bob Kupfer Director 1.00 0.00 X 0 0 0 Leslie Logan Director 1.00 0.00 X 0 0 0 Larry Jones Director 1.00 0.00 X 0 0 0 Glen Mitchell Director 1.00 0.00 X 0 0 0 MARK BRACKON Director 1.00 0.00 X 0 0 0 DONALD HEYDENS Director 1.00 0.00 X 0 0 0 STEVE TAYLOR VICE CHAIR 1.00 0.00 X 0 0 0 GEORGE WIEGAND Director 1.00 0.00 X 0 0 0 556237 94621 3 false true false CUAnswers 6000 28th St SE 100 Grand Rapids MI 49546 Data processing 607567 HEALTH ALLIANCE PLAN 2850 W GRAND BLVD DETROIT MI 48202 HEALTH INSURANCE PLANS 564244 OMNI SHIELD WORLDPAY 1095 NAUGHTON DRIVE SYMMES TOWNSHOP OH 45249 PAYMENT TECHNOLOGY SOL. FIS 11601 ROOSEVELT BLVD ST PETERSBURG FL 337162202 PROCESSOR 317379 GARDNER SIGNS 1095 NAUGHTON DRIVE TROY MI 48083 sign manufact/CONSULT. 3 0 Fees & Charges 525990 2802326 2802326 Insurance Related Revenue 524298 36334 36334 Interchange Income 525990 1195084 1195084 Loan Interest Income 522100 6110017 6110017 Non-Member ATM Fees 525990 14433 14433 3736 3736 10161930 1743179 1743179 0 0 0 310000 292700 17300 17300 17300 0 0 0 0 11922409 11867906 54503 0 0 0 0 650857 0 3500477 233258 520387 325011 0 63124 26695 0 0 0 168405 208034 999653 498093 0 587636 145733 0 0 275741 0 619500 78511 Loan Servicing Expenses 657526 Provision for Loan Losses 305352 Visa Reward and Expense 66291 Overdrawn Shares, Fraud, oth 41666 84001 10055951 0 0 0 2735769 3079790 26365414 51660194 0 276197 710862 0 0 136398944 185603294 0 1459385 805244 8263805 2054264 5481131 6209541 17670121 49379492 147780832 53221596 0 1477109 5903282 5177330 344071075 357324452 2233894 10408064 310182693 313768385 312416587 324176449 X 31654488 33148003 31654488 33148003 344071075 357324452 1866458 -372943 X false true X true false 2321872 2321872 4363193 1287694 3075499 1578740 766570 812170 6209541 53221596 Member Deposits 313768385 313768385 false false false Andrew Staley CEO/President 279000 19600 20795 319395 Gerry Coyne Executive VP 142102 12723 8412 163237 SAMIR SHABANDER EVP FINANCE 135135 15063 18028 168226 Form 990, Part VI, Section A, Line 6 The Credit Union has single class of members with equal rights of ownership, governance, and voting. Form 990, Part VI, Section A, Line 7a The Board of Directors are elected for three year terms at the Annual Meeting in March of each year on a rotating basis. Form 990, Part VI, Section A, Line 7b Credit Union decisions that are subject to membership approval are mergers. Form 990, Part VI, Section B, Line 11b A review is conducted by the CEO/President prior to submission to the IRS. Copies are made available to the Board of Directors for review. Form 990, Part VI, Section B, Line 12c Policy is reviewed annually, at which time disclosures, if any, are reviewed. Form 990, Part VI, Section B, Line 15a The CEO/President's compensation is reviewed annually based on performance. The Board of Directors utilize salary surveys to approve compensation. A compensation survey is used and reviewed with the Board of Directors. The CEO/President conducts the review of the Executive Vice President . Form 990, Part VI, Section C, Line 19 Financial Statements are posted in the Credit Union lobby. Other documents and policies are available for review upon request.