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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 2020. Filed on May 14, 2021.

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 2020 IRS Form 990 filing, Great Lakes Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 10 out of 280 total employees. Among the employees shown here, the average compensation is $290,167. The highest compensated employee at Great Lakes Credit Union is Bonita Fontenot with fiscal year 2020 compensation of $502,310.

Revenue, expenses, and employee compensation

Revenue

$49,088,626

Expenses

$43,178,553

Employee compensation

$17,687,613
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Bonita Fontenot
Mortgage Loan Officer
$502,310
$488,560 No related comp$13,750
Steven Bugg
President and Chief Executive Officer
$467,328
$445,459 No related comp$21,869
Kamil Sakici
Executive Vice President and Chief Financial Officer
$339,360
$299,962 No related comp$39,398
Mark Pokora
Senior Manager, Residential Sales
$315,227
$304,038 No related comp$11,189
Ericka Gorman
Chief Operating Officer
$278,847
$245,815 No related comp$33,032
Frederick Campobasso
Chief Lending Officer
$218,418
$208,017 No related comp$10,401
Eric Vessele
Vice President, Commercial Lending
$213,909
$191,201 No related comp$22,708
Michael Hersh
Chief HR and Organizational Development Officer
$201,204
$175,848 No related comp$25,356
Chris Visocnik
Vice President, Information Technology
$191,999
$175,010 No related comp$16,989
Maria Michalak
Loan Operations Senior Manager
$173,063
$152,012 No related comp$21,051

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
Stephen M Park
Chair

Contractors

Jack Henry & Associates Inc.
Software
$713,751
Doxim
Software
$477,981
Lending Solutions Inc.
Loan
$344,039
Access Softekinc
IT
$165,723
Meridian It Inc.
IT
$141,708

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