2023-04-17T16:42:19-07:00 2022-12-31 650152722 FINANCIAL STANDARDS GROUP INC 6447 W HIGHWAY 146 CRESTWOOD KY 40014 990 2022-01-01 381624824 Michigan One Community Credit Union MICH 6165273900 510 S Dexter St Ionia MI 48846 Hailie Patterson CEO 2023-04-17 true Hailie Patterson 999009999 true Patrick Haughey P01980057 8005225820 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z 510 S Dexter St Ionia MI 48846 9672809 false X www.M1ccu.org X 1954 MI Provide financial services and products to members. 7 7 70 10 73366 0 8636141 9563221 148438 109588 0 8784579 9672809 0 0 3491650 3724599 0 0 3133059 3730261 6624709 7454860 2159870 2217949 185078724 200006546 169272420 181934724 15806304 18071822 Provide financial services and products to members. false false The Credit Union provides several deposit account types to members including savings, checking, certificate and other. The total number of current members at 12/31/2022 was 19,098. the Credit Union provides a variety of loan types to members including real estate, credit card, vehicle and other. The total number of loans outstanding at 12/31/2022 was 9,972. false false false false false false false false false true false 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 1847 0 true 70 true true true false false false false false false false X 7 7 false false false false true true true true true false true true true true true true false true true true false X Timothy Hemenway 6165273900 510 S Dexter St Ionia MI 48846 Timothy Hemenway Former CEO 40.00 0.00 295148 0 23549 Hailie Patterson CEO 40.00 0.00 X 188225 0 26064 Jackie Thebo CCO 40.00 0.00 X 130212 0 22866 Alisha VanHorn CFO 40.00 0.00 X 98705 0 15578 Dawn Ketchum Asst Executive 40.00 0.00 X 105949 0 7847 Lon MacLachlan Director 1.00 0.00 X 0 0 0 Rosemary Reams Director 1.00 0.00 X 0 0 0 Susan Lehman Secretary 1.00 0.00 X 0 0 0 Russell Misiak Treasurer 1.00 0.00 X 0 0 0 Roger Vandermolen Chairperson 1.00 0.00 X 0 0 0 Michael Walczak Vice Chair 1.00 0.00 X 0 0 0 Mallory Boweman Director 1.00 0.00 X 0 0 0 818239 95904 4 true true false Fiserv 255 Fiserv Drive Brookfield WI 53045 Data Processing 972639 The SBAM Plan PO BOX 88049 Chicago IL 606801049 Employee Health Insurance 256966 2 0 Debit Card Income 522100 1260671 1260671 Fees and Other Charges 522100 2732870 2732870 Interest on Loans 522100 5343651 5343651 Other Operating Income 522220 51393 51393 VISA Interchange Income 522100 101270 101270 73366 73366 9563221 109588 109588 0 0 0 0 0 0 0 0 9672809 9599443 73366 0 0 0 0 878284 0 2431703 0 196494 218118 0 0 0 0 0 0 98491 237636 438887 178367 0 224233 18380 0 0 665921 0 217725 44730 ATM, Debit, and Card Expense 945206 Loan Servicing Expense 312456 Loan and Overdraft Provision 90845 Training 64870 192514 7454860 0 0 0 3623000 4151582 11012726 11488554 0 703959 708474 0 0 144598143 166058099 0 216115 210693 6891874 3013034 4005428 3878840 6076437 5653956 10589540 5000000 0 0 4253376 2856348 185078724 200006546 3754181 2675052 165518239 179259672 169272420 181934724 X 15806304 18071822 15806304 18071822 185078724 200006546 X 2217949 -422479 470048 X false true X true false 1552727 1552727 3744408 1759649 1984759 281806 121259 160547 615286 529984 85302 697647 602142 95505 3878840 Member Deposits 179259672 179259672 false false false Hailie Patterson CEO 149327 16835 22063 11946 14118 214289 Jackie Thebo CCO 123098 6835 279 7848 15018 153078 Timothy Hemenway Former CEO 294356 792 23549 318697 Form 990, Part VI, Section A, Line 6 Section 501c(14) Credit Union is composed of members. Form 990, Part VI, Section A, Line 7a Members vote on bylaw and charter changes. Members vote and elect Board at annual meeting. Form 990, Part VI, Section A, Line 7b Mergers are voted on by entire membership. Form 990, Part VI, Section B, Line 11b Management reviews tax return and forwards form 8879-EO to tax preparer. Board reviews filed tax returns at next scheduled meeting. Form 990, Part VI, Section B, Line 12c Employee loans are Management approved. Management loans are Board approved. Loans to Board members are approved by the Board minus the lendee. Form 990, Part VI, Section B, Line 15b Executive and employee salaries are Board reviewed and approved. Board of Directors are not compensated. Form 990, Part VI, Section C, Line 19 Credit union bylaws and conflict of interest policy are available upon request at the credit union's main office. Quarterly financial statements are displayed in the lobby which is accessible to the general public. Quarterly financial performance (Call) reports are also available at www.ncua.gov for all federally insured credit unions. Form 990, Part XI, Line 9 Other Comprehensive Income = $470048