2026-05-13T10:07:14-05:00 2025-12-31 994260840 DOEREN MAYHEW 8785 SW 165TH AVE STE 303 MIAMI FL 33193 990 2025-01-01 381464920 CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN CRED 7346628200 340 E HURON ANN ARBOR MI 48104 DEANNE RAMOS CHIEF FINANCIAL OFFICER 7346628200 2026-05-10 1 AUBREY CLEGG P01076395 3052328272 2025 2025-03-06 01:10:19Z UNIVERSITY OF MICHIGAN CREDIT UNION DEANNE RAMOS 340 E HURON ANN ARBOR MI 48104 84999787 0 X WWW.UMCU.ORG X 1954 MI TO PROVIDE FINANCIAL SERVICES TO MEMBER OWNERS WITH A COMMON BOND. 9 9 272 10 64065 0 0 0 72100070 78499098 16583882 5652886 795441 837683 89479393 84989667 0 10000 0 0 23763875 26604464 0 0 0 44344501 50683055 68108376 77297519 21371017 7692148 1353392856 1410845896 1213065076 1259611888 140327780 151234008 FINANCIAL SERVICES. THE UNIVERSITY OF MICHIGAN CREDIT UNION IS A FINANCIAL INSTITUTION CHARTERED IN THE STATE OF MICHIGAN. THE CREDIT UNION PROVIDES A WIDE RANGE OF FINANCIAL SERVICES TO THE MEMBER/OWNERS AT A REASONABLE COST. 0 0 PROVIDE 122,134 MEMBERS WITH REGULAR SHARES, SHARE DRAFTS, CERTIFICATES OF DEPOSIT, IRA, CLUB, AND BUSINESS WITH AN AGGREGATE BALANCE THAT APPROXIMATED $1,089,911,000 AS OF DECEMBER 31, 2025. PROVIDE 81,128 LOANS INCLUDING VEHICLE, CREDIT CARD, UNSECURED, STUDENT, INDIRECT, RECREATIONAL VEHICLE, MORTGAGE, BUSINESS, OVERDRAFT LINES OF CREDIT, AND CREDIT BUILDER WITH BALANCES AGGREGATING APPROXIMATELY $1,117,429,000 AS OF DECEMBER 31, 2025. OFFER AUTOMATED TELLER MACHINES, DEBIT CARDS, CHECK CASHING, BILL PAY, OVERDRAFT PROTECTION/COURTESY PAY, VARIOUS INSURANCE AND INVESTMENT PRODUCTS TO ALL ELIGIBLE MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14730 0 1 272 1 1 1 0 0 0 0 0 1 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X UNIVERSITY OF MICHIGAN CREDIT UNION 7346628200 340 E HURON ANN ARBOR MI 48104 EARL BELL CHAIRPERSON 3.00 X 0 0 0 LUKELAND GENTLES VICE CHAIRPERSON 3.00 X 0 0 0 KAREN PARKER SECRETARY 3.00 X 0 0 0 VICTORIA BENNETT TREASURER 3.00 X 0 0 0 FRANK CIANCIOLA DIRECTOR 3.00 X 0 0 0 BENJIE JOHNSON DIRECTOR 3.00 X 0 0 0 MARY KRASNY DIRECTOR 3.00 X 0 0 0 JAMES MIDDLEMAS DIRECTOR 3.00 X 0 0 0 QUINTA VREEDE DIRECTOR 3.00 X 0 0 0 TIFFANY FORD CEO 40.00 X 1452971 0 19000 DEANNE RAMOS CHIEF FINANCIAL OFFICER 40.00 X 345467 0 37517 DONNA DICKERSON DOLEMAN CHIEF MARKETING OFFICER 40.00 X 344109 0 48255 PATRICIA KEENE CHIEF HUMAN RESOURCES OFFICER 40.00 X 284848 0 21347 XIANG WU CHIEF TECHNOLOGY OFFICER 40.00 X 265486 0 32570 TINA HAMILTON CHIEF LENDING OFFICER 40.00 X 273127 0 24907 MARCUS ENGLISH CHIEF OPERATIONS OFFICER 40.00 X 347331 0 37517 JOSEPH LOUIS-FERDINAND IT MANAGER 40.00 X 161550 0 29179 MINAL KAMAT VP OF BRANCH OPERATIONS 40.00 X 196743 0 35294 ERICA BOTKA VP OF TALENT 40.00 X 203515 0 15184 BRITTANY ZIELINSKI VP OF BRANCH OPERATIONS 40.00 X 178298 0 19378 RASHMI HURST AVP OF BRAND AND MARKETING 40.00 X 175027 0 32020 4228472 0 352168 25 0 1 0 JS VIG CONSTRUCTION COMPANY 15040 CLEAT STREET PLYMOUTH MI 48170 BUILDING CONSTRUCTION 7574615 DLI PROPERTIES LLC SUITE 200 2000 BUSH STREET DETROIT MI 48226 BRANDING AGREEMENT 2801916 LEARFIELD PO BOX 843038 KANSAS CITY MO 641843038 SPONSORSHIP 1791680 VISA DPS PO BOX 742233 LOS ANGELES CA 900742233 ATM/CREDIT/DEBIT CARD CONTRACTS 1175468 FUSION AUTO FINANCE 1320 TENNIS DR BEDFORD TX 76022 AUTO LEASING 1085660 53 LOAN INTEREST 522100 63882987 63882987 FEE AND OTHER INCOME 522100 14616111 14616111 78499098 5652886 5652886 83215 10120 73095 73095 73095 NON-OPERATING INCOME 522100 700523 700523 FINANCE AND INSURANCE 520000 64065 64065 764588 84989667 79272716 64065 5652886 X 10000 3534452 16735320 4974577 1360115 215097 1017684 6498221 1242375 2429103 1974940 85994 511153 13455655 3248592 213018 PROVISION FOR LOAN LOSS 7255157 VISA EXPENSE 4072424 LOAN SERVICING 2756899 MAINTENANCE 2288614 3418129 77297519 9538682 8431201 118989456 138047912 5479258 7513764 1030269822 1107688165 2530927 3190222 85844919 23116240 64934210 62728679 86915432 38236405 7869247 7886770 26865822 37122778 1353392856 1410845896 18955702 16893925 152806824 152806824 1041302550 1089911139 1213065076 1259611888 X 0 0 0 0 140327780 151234008 140327780 151234008 1353392856 1410845896 X 7692148 2953418 260662 X X 0 1 X 1 0 22651103 22651103 26567686 5239769 21327917 4012059 3345045 667014 12517891 10765986 1751905 20096180 3765440 16330740 62728679 MEMBER SHARES 1089911139 1089911139 X 84999787 0 84999787 -10120 -10120 84989667 77307639 10120 10120 77297519 0 77297519 PART X, LINE 2: THE CREDIT UNION IS EXEMPT, BY STATUTE, FROM FEDERAL AND STATE INCOME TAXES. HOWEVER, THE CREDIT UNION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX. THE NET UNRELATED BUSINESS INCOME TAX IS IMMATERIAL TO THE FINANCIAL STATEMENTS AS A WHOLE. THE CREDIT UNION'S OPEN AUDIT PERIOD IS THE THREE-YEAR PERIOD ENDED DECEMBER 31, 2025. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSES RELATED TO RENTAL REVENUE REPORTED AS A COMPONENT OF EXPENSES WITHIN THE AUDITED INCOME STATEMENT, BUT AS A REDUCTION OF REVENUE WITHIN THE STATEMENT OF REVENUE IN FORM 990. -10,120. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES RELATED TO RENTAL REVENUE REPORTED AS A COMPONENT OF EXPENSES WITHIN THE AUDITED INCOME STATEMENT, BUT AS A REDUCTION OF REVENUE WITHIN THE STATEMENT OF REVENUE IN FORM 990. 10,120. 1 SCHOLARSHIPS 10 10000 PART I, LINE 2: THE UNIVERSITY OF MICHIGAN CREDIT UNION (UMCU) YOUTH SCHOLARSHIP PROGRAM IS AIMED TOWARD INDIVIDUALS INTERESTED IN ATTENDING COLLEGE OR TRADE SCHOOL. TO BE ELIGIBLE FOR ONE OF THE TEN SCHOLARSHIPS AWARDED ANNUALLY, THE PROGRAM REQUIRES THAT THE STUDENT: BE A SPRING GRADUATING HIGH SCHOOL SENIOR. BE A UNIVERSITY OF MICHIGAN CREDIT UNION MEMBER IN GOOD STANDING AT THE TIME THE APPLICATION IS SUBMITTED. THE HIGH SCHOOL SENIOR STUDENT IS ALSO DEEMED ELIGIBLE TO APPLY AND FOR A SCHOLARSHIP AWARD IF THEIR PARENT(S) OR GUARDIAN IS A MEMBER OF UMCU IN GOOD STANDING AT THE TIME THE APPLICATION IS SUBMITTED. IN THAT INSTANCE, THE STUDENT UNDERSTANDS THAT HE/SHE MUST BECOME A MEMBER AND OPEN A STUDENT ACCOUNT ON OR BEFORE THE DATE ON WHICH THE SCHOLARSHIP AWARD WILL BE PRESENTED. INTENDS TO ATTEND AN ACCREDITED COLLEGE, UNIVERSITY, OR TECHNICAL SCHOOL LOCATED IN THE UNITED STATES BEGINNING IN THE FALL ACADEMIC SCHOOL YEAR. ALL APPLICANTS ARE REQUIRED TO COMPLETE AND SUBMIT THEIR APPLICATION USING THE SECURE SUBMISSION PORTAL PROVIDED BY UMCU BETWEEN FEBRUARY 1ST AND MARCH 31ST. X X X 1 1 X X 0 0 0 TIFFANY FORD CEO 812423 0 626780 0 13768 0 19000 0 0 0 1471971 0 0 0 DONNA DICKERSON DOLEMAN CHIEF MARKETING OFFICER 302319 0 40500 0 1290 0 30193 0 18062 0 392364 0 0 0 MARCUS ENGLISH CHIEF OPERATIONS OFFICER 306561 0 40500 0 270 0 31500 0 6017 0 384848 0 0 0 DEANNE RAMOS CHIEF FINANCIAL OFFICER 289277 0 55500 0 690 0 31500 0 6017 0 382984 0 0 0 PATRICIA KEENE CHIEF HUMAN RESOURCES OFFICER 242368 0 40500 0 1980 0 17207 0 4140 0 306195 0 0 0 XIANG WU CHIEF TECHNOLOGY OFFICER 224296 0 40500 0 690 0 24553 0 8017 0 298056 0 0 0 TINA HAMILTON CHIEF LENDING OFFICER 232177 0 40500 0 450 0 18890 0 6017 0 298034 0 0 0 MINAL KAMAT VP OF BRANCH OPERATIONS 184053 0 12000 0 690 0 17404 0 17890 0 232037 0 0 0 ERICA BOTKA VP OF TALENT 191065 0 12000 0 450 0 13983 0 1201 0 218699 0 0 0 RASHMI HURST AVP OF BRAND AND MARKETING 166787 0 8000 0 240 0 17076 0 14944 0 207047 0 0 0 BRITTANY ZIELINSKI VP OF BRANCH OPERATIONS 166058 0 12000 0 240 0 16178 0 3200 0 197676 0 0 0 JOSEPH LOUIS-FERDINAND IT MANAGER 151570 0 8000 0 1980 0 15585 0 13594 0 190729 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS A 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 BY THE MEMBERSHIP AT THE ANNUAL MEETING FOR A THREE YEAR TERM. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN CREDIT UNION DECISIONS ARE SUBJECT TO MEMBER APPROVAL SUCH AS CHARTER CONVERSIONS AND MERGERS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER PRIOR TO SUBMISSION TO THE IRS. THE RETURNS ARE MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C A REVIEW OF COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS CONDUCTED ANNUALLY BY THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 AN OUTSIDE FIRM SPECIALIZING IN COMPENSATION BENCHMARKS IS USED TO SET GUIDELINES FOR SALARY RANGE LEVELS BASED ON COMPETITION AND MARKET RATES. THE SALARY STRUCTURE IS REVIEWED PERIODICALLY. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE PUBLISHED MONTHLY. ALL OTHER DOCUMENTS AND POLICIES ARE AVAILABLE FOR REVIEW UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES 1,017,684. FORM 990, PART IX, LINE 24E TRANSACTIONS 1,319,909. EMPLOYEE APPRECIATION/RECRUITING 935,418. SERVICE CHARGES 463,510. STAFF EDUCATION 371,311. EXAMINATION FEES 185,333. MISCELLANEOUS 142,648. FORM 990, PART XI, LINE 9: OCI ADJUSTMENT - NET GAIN/(LOSS) ON POST-RETIREMENT HEALTH CARE PLAN 20,112. EQUITY ACQUIRED IN MERGER 240,550. FORM 990, PART XII, LINE 2C THERE WERE NO CHANGES IN THE PROCESS OF THE COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.