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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 2018. Filed on November 14, 2019.

2111 Waukegan Road
Ste 200
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 2018 IRS Form 990 filing, Great Lakes Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 9 out of 298 total employees. Among the employees shown here, the average compensation is $241,416. The highest compensated employee at Great Lakes Credit Union is Kamil Sakici with fiscal year 2018 compensation of $390,441.

Revenue, expenses, and employee compensation

Revenue

$43,394,934

Expenses

$42,703,211

Employee compensation

$16,709,275
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kamil Sakici
Executive Vice President and Chief Financial Officer
$390,441
$361,388 No related comp$29,053
Kevin Bogac
Chief Technology and Member Service Officer (Partial Year)
$361,060
$350,491 No related comp$10,569
Steven Bugg
President/Ceo (Began 5/21/18)
$297,346
$291,683 No related comp$5,663
Ericka Gorman
Chief Lending and Operations Officer
$227,903
$203,224 No related comp$24,679
Eric Vessele
Vice President, Commercial Lending
$190,781
$166,525 No related comp$24,256
Lorraine Kost
Vice President, Human Resources and Organizational Development
$187,625
$168,060 No related comp$19,565
Jeff Wheatley
Vice President, Residential Lending
$177,482
$162,290 No related comp$15,192
Lynn Esp
General Counsel
$173,047
$155,670 No related comp$17,377
Frederick Campobasso
Chief Lending Officer
$167,057
$161,157 No related comp$5,900

Benchmark Employee Compensation

Non-Employee Board Members

Bertine A Nixon
Secretary
Cathy Corbi
Director
David Goles
Director
James A Fabrie
Treasurer
Jim E March
Director
Kevin Leman
Director
Patrice Price
Vice Chair
R Lee Piekarz
Director
Rich Durante
Director (Part-Year)
Shirley M Solberg
Director (Part-Year)
Stephen M Park
Chair

Contractors

Lenderlive Network LLC
Mortgage
$734,091
Jack Henry & Associates Inc.
Software
$709,328
Paragon Micro Inc
IT
$269,891
Doxim Inc.
Software
$269,581
Efraim Carlson and Son Inc
Contractor
$219,421

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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Sylvania, Ohio