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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 2023. Filed on November 5, 2024.

1551 South 9th Street
Pp Box 2470
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 2023 IRS Form 990 filing, Arbor Financial Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 11 out of 287 total employees. Among the employees shown here, the average compensation is $260,854. The highest compensated employee at Arbor Financial Credit Union is Julie A Blitchok with fiscal year 2023 compensation of $682,114. 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

$50,193,452

Expenses

$45,206,444

Employee compensation

$15,710,310
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Julie A Blitchok
President and Chief Executive Officer
$682,114
$556,667 No related comp$125,447
Arlene C Horton
Vice President of Talent Strategy and Organization
$331,284
$280,600 No related comp$50,684
Earle D Shelner II
Chief Financial Officer
$295,146
$242,431 No related comp$52,715
James O Blankenship
Vice President, Information Systems
$239,937
$198,141 No related comp$41,796
Tamara L Phelps
Vice President, Operations
$227,862
$186,615 No related comp$41,247
Christine E Ferguson
Vice President, Marketing
$210,560
$166,054 No related comp$44,506
Susan Weir
Vice President of Mortgage Lending
$204,798
$164,314 No related comp$40,484
Christopher Jacobs
Vice President of Consumer Lending
$185,901
$146,741 No related comp$39,160
Cullen McKinley
Vice President of Commercial Lending
$177,362
$137,505 No related comp$39,857
Mark Gilbert
Mortgage Loan Originator
$160,466
$122,145 No related comp$38,321
Karen Demars
Director of Credit and Loan Servicing
$153,962
$117,651 No related comp$36,311

Benchmark Employee Compensation

Non-Employee Board Members

Arthur Parker
Treasurer
David Aubry
Chair
Jeff Powless
Director
Joni Lapointe
Secretary
Josie Wyne
Director
Kimberly Rohr
Director
Richard Cahow
Vice Chair

Contractors

Pscu
Credit Card and Debit Card Processor
$3,404,837
Fiserv
Core System Processor
$2,420,150
Quality Acquisitions LLC
Building Leasing
$209,898
Servicemaster of Kalamazoo
Commercial Cleaning
$173,081
Upstart
Indirect Unsecured Loan Origination and Servicing
$172,853

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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