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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 Honor Credit Union

Honor Credit Union

Fiscal year ending 2021. Filed on November 15, 2022.

8385 Edgewood Drive
Berrien Springs, Michigan 49103

Honor Credit Union (EIN: 38-1231023) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Honor Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 11 out of 455 total employees. Among the employees shown here, the average compensation is $403,733. The highest compensated employee at Honor Credit Union is Scott McFarland with fiscal year 2021 compensation of $698,752.

Revenue, expenses, and employee compensation

Revenue

$81,953,482

Expenses

$60,781,210

Employee compensation

$29,815,668
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Scott McFarland
Chief Executive Officer
$698,752
$648,600 No related comp$50,152
Shari Weber
Chief Financial Officer THRU JUN 21
$670,268
$649,785 No related comp$20,483
Matthew Nordberg
Mortgage Loan Officer
$584,703
$546,502 No related comp$38,201
Kimberly O'Donoghue
AVP of REAL Estate Sales
$378,809
$361,078 No related comp$17,731
Stacey L Donner
Mortgage Loan Officer
$367,528
$336,189 No related comp$31,339
Chad Jankoviak
Mortgage Loan Officer
$356,955
$315,942 No related comp$41,013
Amanda Craig
Chief Experience Officer
$307,775
$276,950 No related comp$30,825
Kent Figy
Chief Lending Officer
$283,945
$246,644 No related comp$37,301
Adam T Carpenter
Mortgage Loan Officer
$281,306
$241,650 No related comp$39,656
Katherine Berry
Chief People Officer
$267,503
$234,735 No related comp$32,768
Megan Hendrix
Chief Operating Officer
$243,524
$209,357 No related comp$34,167

Benchmark Employee Compensation

Non-Employee Board Members

Brian Brown
Treasurer
Larry Olson
Vice Chair
Mark Fry
Secretary
Mimi Elwell
Chair
Randy O'Neil
Director
Richard Atwell
Director
Ron Griesinger
Director

Contractors

Innovative Card Services
Prepaid Card
$2,857,729
Worldpay Holding LLC
Electronic Payment Processing
$2,500,956
Cu Answers
Programming Technical/Client Support
$1,721,088
Ec Moore of Berrien County
Construction
$1,633,088
Strategic Resource Management
Consulting
$799,008

Mission Statement

TO PROVIDE FINANCIAL SERVICES TO RESIDENTS OF THE STATE OF MICHIGAN.

Revisions to this organization profile

September 22, 2025:
2024 Honor Credit Union 990 filed
November 6, 2024:
2023 Honor Credit Union 990 filed
November 15, 2023:
2022 Honor Credit Union 990 filed

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