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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 Michigan Educational Credit Union

Michigan Educational Credit Union

Fiscal year ending 2021. Filed on May 10, 2022.

9200 Haggerty Rd
Plymouth, Michigan 48170

Michigan Educational Credit Union (EIN: 38-1305916) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Michigan Educational Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 10 out of 101 total employees. Among the employees shown here, the average compensation is $446,383. The highest compensated employee at Michigan Educational Credit Union is Robert Sandercock with fiscal year 2021 compensation of $1,873,699.

Revenue, expenses, and employee compensation

Revenue

$27,431,098

Expenses

$25,852,291

Employee compensation

$10,938,412
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Robert Sandercock
Chief Executive Officer
$1,873,699
$1,773,154 No related comp$100,545
Henry Willson
Executive Vice President
$524,494
$434,306 No related comp$90,188
Jeffrey Cusmano
Vice President
$357,725
$298,304 No related comp$59,421
Kevin Finneran
Chief Financial Officer
$340,365
$262,980 No related comp$77,385
Joseph Rassette
IT Supervisor
$286,839
$221,714 No related comp$65,125
Ellen Goers
Vice President, Accounting
$253,120
$211,184 No related comp$41,936
Richard Norris
Branch Manager
$217,935
$162,623 No related comp$55,312
Lisa Kania
Branch Manager
$215,399
$161,103 No related comp$54,296
Andrea Klebba
Executive Assistant
$201,497
$149,045 No related comp$52,452
James Brunton
Collections Manager
$192,761
$143,813 No related comp$48,948

Benchmark Employee Compensation

Non-Employee Board Members

Alonzo Glaze
Chair
Amy McQuiston
Director
Deborah Elliston
Director
Gregory Baracy
Director
Michelle Randall
Director
Robin J E Long
Secretary
Scott Szukaitis
Director
Steven Rodriguez
Vice Chair
William Wooster
Treasurer

Contractors

Fiserv
Core Processing System Etc
$3,017,186
Pscu
Credit Card Processing
$800,146
Cooperative Financial Services
Shared Branching ATM Network Debit Car
$588,522
Mms Mortgage Services Ltd.
Sub-Servicer of First Mortgage Portfolio
$469,420
Diebold Nixdorf Inc.
ATM Machines Drive Thru
$261,913

Mission Statement

To provide members with quality, comprehensive and cost effective financial services.

Revisions to this organization profile

July 7, 2025:
2024 Michigan Educational Credit Union 990 filed
April 10, 2024:
2023 Michigan Educational Credit Union 990 filed
April 17, 2023:
2022 Michigan Educational Credit Union 990 filed

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