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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Arbor Financial Credit Union

Arbor Financial Credit Union

Fiscal year ending 2018. Filed on May 14, 2019.

1551 South 9th Street
Kalamazoo, Michigan 49009

Arbor Financial Credit Union (EIN: 38-0703992) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Arbor Financial Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 10 out of 191 total employees. Among the employees shown here, the average compensation is $207,351. The highest compensated employee at Arbor Financial Credit Union is Julie A Blitchok with fiscal year 2018 compensation of $471,974. Arbor Financial Credit Union changed its name from Arbor Financial Credit Union F/K/a Educational Community Credit Union in 2017.

Revenue, expenses, and employee compensation

Revenue

$32,620,125

Expenses

$26,784,115

Employee compensation

$10,714,421
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Julie A Blitchok
President and Chief Executive Officer
$471,974
$424,308 No related comp$47,666
Earle D Shelner II
Vice President, Finance
$232,621
$188,435 No related comp$44,186
Tamara L Phelps
Vice President, Operations
$195,935
$160,272 No related comp$35,663
Jeffrey F Deshane
Vice President Loan Services
$192,024
$151,910 No related comp$40,114
Arlene C Horton
Vice President, Human Resources
$191,080
$158,826 No related comp$32,254
Christine E Camp
Vice President, Marketing
$177,590
$138,406 No related comp$39,184
Ryan M Reffitt
Director of Commercial Lending
$174,393
$157,972 No related comp$16,421
James O Blankenship
Vice President, Information Systems
$168,433
$145,344 No related comp$23,089
Karen Demars
Director of Loan Services
$138,076
$104,121 No related comp$33,955
Kenneth E Leonard
Vice President Commercial and Private Banking
$131,386
$111,616 No related comp$19,770

Benchmark Employee Compensation

Non-Employee Board Members

Arthur Parker
Treasurer
Barbara Winter
Secretary
David Aubry
Chair
Eric Lum
Director
Jeff Powless
Director
Joni Lapointe
Director
Josie Howard-Wyne
Director
Kimberly Rohr
Director
Richard Cahow
Vice Chair

Contractors

Fiserv
Core System Processor
$1,708,609
Fis
Credit Card Processor
$1,121,546
Vantiv
Debit Card Processor
$998,207
Glas Associates Inc.
Construction
$986,994
Humanex
Consulting
$174,155

Mission Statement

THE CREDIT UNION'S OPERATIONS INCLUDE HOLDING DEPOSITS FOR AND MAKING LOANS TO INDIVIDUALS WHO WORK OR RESIDE IN THE STATE OF MICHIGAN.

Revisions to this organization profile

November 13, 2025:
2024 Arbor Financial Credit Union 990 filed
November 5, 2024:
2023 Arbor Financial Credit Union 990 filed
November 14, 2023:
2022 Arbor Financial Credit Union 990 filed

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