Overview
What is Christian Financial Credit Union?
Christian Financial Credit Union, located in Sterling Heights, Michigan, is a membership-based financial institution with a mission to deliver high-quality products and services that promote convenience, trust, and personal service to its nearly 59,000 members in metropolitan Detroit. Established in 1950, this credit union has grown to employ a team of over 200 professionals dedicated to enhancing their members' financial well-being through a trusted partnership. In 2022, the credit union originated approximately $168.1 million in loans to members at or below market interest rates, exemplifying strong member loyalty. Its commitment extends beyond financial services, offering customized solutions to meet members' unique needs and exceed their expectations.
Official website here: www.christianfinancialcu.com
Is Christian Financial Credit Union legitimate?
Christian Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Christian Financial Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $692,587
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,142,839
For more financial information, click here
Official website here: www.christianfinancialcu.com
What is the mission statement of Christian Financial Credit Union?
Christian Financial Credit Union strives to deliver high-quality products and services that promote convenience, trust, and personal service to its members. Their mission is to provide customized solutions that enhance the financial well-being of their members through a trusted partnership with a dedicated team. The credit union originated over $168 million in loans to members in 2022, with loans generally offered at or below market interest rates, reflecting the strong loyalty of its membership base. The organization aims to exceed members' expectations, offering financial assistance with a focus on personalized service.
Official website here: www.christianfinancialcu.com
Who is the CEO of Christian Financial Credit Union?
Patricia Campbell is the Board Chairman of Christian Financial Credit Union. The CEO's salary of Christian Financial Credit Union is $499,536 and their total compensation is $527,227.
Official website here: www.christianfinancialcu.com
What is the revenue of Christian Financial Credit Union?
Christian Financial Credit Union's revenue in 2022 was $35,732,823.
Official website here: www.christianfinancialcu.com
Who are the executives of Christian Financial Credit Union and what are their salaries?
The average compensation at Christian Financial Credit Union during 2022 was $53,641. There are 202 employees and 11 volunteers at Christian Financial Credit Union.
Here are 18 key members and their salaries (Christian Financial Credit Union's CEO's salary is $499,536 and their total compensation is $527,227):
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- Compensation: $499,536
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- Other: $27,691
- Compensation: $144,961
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- Other: $20,399
- Compensation: $169,563
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- Other: $26,431
- Compensation: $151,996
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- Compensation: $145,815
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- Other: $22,235
- Compensation: $126,813
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- Other: $31,703
- Compensation: $124,843
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- Other: $15,899
Official website here: www.christianfinancialcu.com
Where can I find the form 990 for Christian Financial Credit Union?
Christian Financial Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.christianfinancialcu.com
Learn more at the official website: www.christianfinancialcu.com
Mission Statement of Christian Financial Credit Union
Christian Financial Credit Union, with its mission, aims to create an atmosphere where top-tier financial products and services are offered to members, fostering convenience, trust, and personalized assistance in their journey towards financial success. Founded in 1950 and serving nearly 59,000 members in metropolitan Detroit, Christian Financial Credit Union is dedicated to tailoring solutions to enhance the financial well-being of its members through a steadfast partnership with a team of professionals committed to surpassing their expectations.
During the year 2022, Christian Financial Credit Union originated over $168.1 million in loans for its members, evidence of their loyalty and the attractiveness of the credit union's offerings. The loans are generally granted at or below market interest rates, underscoring the Credit Union's unwavering commitment to its members and their financial goals. Christian Financial Credit Union's mission extends beyond numbers, as it strives to build lasting relationships with its members, standing by their side as they navigate the complexities of personal finance.
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Impact
October, 2024
Christian Financial Credit Union significantly impacts its community by fostering financial well-being among its nearly 59,000 members in Metropolitan Detroit. In 2022, the credit union originated $168.1 million in loans, providing members with access to financial resources at competitive or below-market interest rates, demonstrating a commitment to member loyalty and financial inclusivity.
By offering high-quality products and services, Christian Financial creates an environment of convenience and trust. Their dedicated team of professionals works closely with members, tailoring financial solutions that not only meet immediate needs but also contribute to long-term financial success. Since its inception in 1950, the credit union has prioritized building trusted partnerships with its members, enhancing their financial stability and promoting a sense of community.
Through these efforts, Christian Financial Credit Union plays a vital role in empowering individuals and families to achieve their financial goals, thereby strengthening the overall economic fabric of the Sterling Heights area and beyond.
This information is meant to be a general summary of Christian Financial Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,057,827
- Program Service Revenue: $31,492,325
- Gross Receipts: $36,413,622
Assets and Liabilities:
- Total Assets: $819,959,969
- Total Liabilities: $742,673,125
- Net Assets: $77,286,844
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME FROM MEMBER LOANS
Revenue
$19,689,350
FEES, CHARGES, & OTHER
Revenue
$10,493,205
FINANCE AND INSURANCE
Revenue
$1,309,770
Organization Details
Founding Year
1950
Phone
(586) 772-6330Principal Officer
Patricia Campbell
Main Address
35100 VAN DYKE AVENUE, STERLING HEIGHTS, MI, 48312
Website
www.christianfinancialcu.comNTEE Category
Code: W60 - Public benefit
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