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CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN
MI · EIN 381514946
15
Executives Disclosed
$40.2M
Annual Revenue
$637.8M
Total Assets
4.2:1
Internal Pay Ratio
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN has 15 executives with disclosed compensation. The highest-paid executive, Christopher Estes (PRESIDENT AND CEO THRU 7/30/24), received peak total compensation of $1,054,006.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Christopher Estes | PRESIDENT AND CEO THRU 7/30/24 | $1.1M | $911K | 2016–2024 | 14.1x |
| Jay Yax | PRESIDENT AND CEO AS OF 7/31/24 | $409K | $409K | 2017–2024 | 5.5x |
| Heidi Schwarz | SENIOR VP/CFO | $255K | $255K | 2020–2024 | 3.4x |
| Joseph Regan | VP OF IT | $251K | $251K | 2017–2024 | 3.3x |
| Scott Knopf | VP OF LENDING/LOSS PREVENT | $222K | $222K | 2020–2024 | 3x |
| Amanda Sherwood | VP HR | $215K | $215K | 2022–2024 | 2.9x |
| Chad Merrihew | COO | $196K | $187K | 2016–2018 | 2.6x |
| William Herron | VP OF OPERATIONS | $187K | $187K | 2022–2024 | 2.5x |
| Catherine Krane | VP SALES & SERVICE | $187K | $187K | 2024–2024 | 2.5x |
| Katie Krane | VP SALES & SERVICE | $159K | $159K | 2022–2023 | 2.1x |
| Chris Bowman | VP OF ACCOUNTING | $148K | $0 | 2016–2019 | 2x |
| John Truchan | CHAIRMAN | $2K | $0 | 2024–2024 | 0x |
| Phil Thick | TREASURER | $1K | $0 | 2024–2024 | 0x |
| Donald Henry | 2ND VICE CHAIRMAN | $788 | $0 | 2024–2024 | 0x |
| Don Sorensen | SECRETARY | $381 | $0 | 2024–2024 | 0x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 3 | $327K | $466K | $653K |
| 2017 | 5 | $512K | $828K | $1.0M |
| 2018 | 5 | $278K | $482K | $833K |
| 2019 | 4 | $280K | $507K | $839K |
| 2020 | 5 | $315K | $476K | $944K |
| 2021 | 5 | $356K | $837K | $1.4M |
| 2022 | 8 | $339K | $1.1M | $2.0M |
| 2023 | 8 | $224K | $448K | $1.8M |
| 2024 | 12 | $330K | $911K | $2.6M |
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