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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 2021. Filed on May 16, 2022.

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 2021 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 340 total employees. Among the employees shown here, the average compensation is $224,902. The highest compensated employee at Great Lakes Credit Union is Steven Bugg with fiscal year 2021 compensation of $538,612.

Revenue, expenses, and employee compensation

Revenue

$50,981,092

Expenses

$34,186,973

Employee compensation

$16,479,401
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Steven Bugg
President and Chief Executive Officer
$538,612
$491,794 No related comp$46,818
Michael Hersh
Chief HR and Organizational Development Officer
$268,959
$223,476 No related comp$45,483
Michelle Shelton
Chief Experience Officer
$241,473
$203,634 No related comp$37,839
Donna Wiorek
Vice President, Accounting and Interim CFO
$241,386
$226,632 No related comp$14,754
Eric Vessele
Senior Vice President, Lending
$236,961
$210,546 No related comp$26,415
Mark Pokora
Senior Manager, Residential Sales
$232,404
$215,500 No related comp$16,904
Chris Visocnik
Vice President, Information Technology
$198,801
$176,483 No related comp$22,318
Maria Michalak
Loan Operations Senior Manager
$190,389
$165,049 No related comp$25,340
Frederick Campobasso
Chief Lending Officer (Partial Year)
$174,167
$164,749 No related comp$9,418
Diana Byers
Senior Vice President Risk Management
$148,044
$141,220 No related comp$6,824
Ericka Gorman
Chief Operating Officer (Partial Year)
$116,158
$104,536 No related comp$11,622
Elizabeth Osborne
Chief Operating Officer
$111,468
$111,468 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Cathy Corbi
Director
David Goles
Director
James A Fabrie
Treasurer
Jim E March
Secretary
Kevin Leman
Director
Krystal Topps
Director
Patrice Price
Vice Chair
R Lee Piekarz
Director
Stephen M Park
Chair

Contractors

Jack Henry & Associates Inc.
Software
$901,234
Access Softekinc
IT
$568,741
Allied Solutions LLC
Financial
$456,687
Lending Solutions Inc.
Loan
$449,211
Doxim
Software
$423,779

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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