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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 Great Lakes Credit Union

Great Lakes Credit Union

Fiscal year ending 2024. Filed on November 7, 2025.

2111 Waukegan Road
Bannockburn, Illinois 60015

Great Lakes Credit Union (EIN: 36-1163912) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Great Lakes Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 12 out of 290 total employees. Among the employees shown here, the average compensation is $295,829. The highest compensated employee at Great Lakes Credit Union is Steven Bugg with fiscal year 2024 compensation of $735,702.

Revenue, expenses, and employee compensation

Revenue

$80,666,017

Expenses

$83,814,042

Employee compensation

$23,513,782
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Steven Bugg
President and Chief Executive Officer
$735,702
$685,247 No related comp$50,455
Timothy Lukomski
Chief Financial Officer
$363,907
$313,735 No related comp$50,172
Michael Hersh
Chief Administrative Officer
$323,071
$276,900 No related comp$46,171
Patrick Basler
Chief Experience Officer
$311,248
$260,853 No related comp$50,395
Fred Campobasso
Chief Lending Officer
$303,884
$272,089 No related comp$31,795
Elizabeth Osborne
Chief Operating Officer
$300,313
$259,885 No related comp$40,428
Donna Wiorek
Senior Vice President - AC
$245,379
$233,645 No related comp$11,734
Brian Gawin
Vice President, Commercial Lending
$230,597
$196,712 No related comp$33,885
Diana Byers
Senior Vice President Enterprise RISK Manage
$230,108
$210,981 No related comp$19,127
Predrag Grmusa
Vice President of Human Resources and or
$196,823
$153,202 No related comp$43,621
Dion Rosecrans
Manager IT
$168,420
$146,577 No related comp$21,843
Michael Abraham
Chief Strategy Officer
$140,497
$130,812 No related comp$9,685

Benchmark Employee Compensation

Non-Employee Board Members

Cathy Corbi
Board Secretary
David Goles
Director
James A Fabrie
Director
Jim March
Director Emeritus
Kevin Leman
Board Vice Chair
Patrice Price
Board Chair
R Lee Piekarz
Board Treasurer
Sarah Marshall
Director
Stephen M Park
Director
William Harlan
Director

Contractors

Jack Henry & Association Inc.
Software/License Fees for Ensenta (Atm)
$1,132,419
Access Softek Inc.
Multiple Fee for Our Online/Mob
$1,004,995
Velocity Parent Corporation
Ics Referrals Responses Ars Licensing/P
$802,044
Newground International Inc.
Contractor- Design and Buildout of New B
$781,846
Signal 88 LLC
Security for Branch Locations
$589,006

Mission Statement

THE PRIMARY EXEMPT PURPOSE OF GREAT LAKES CREDIT UNION (GLCU) IS TO PROVIDE LOANS, SAVINGS ACCOUNTS AND OTHER FINANCIAL SERVICES THAT PROMOTE THE FINANCIAL PROSPERITY OF OUR MEMBERS.

Revisions to this organization profile

November 7, 2025:
2024 Great Lakes Credit Union 990 filed
May 13, 2024:
2023 Great Lakes Credit Union 990 filed
November 2, 2023:
2022 Great Lakes Credit Union 990 filed

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