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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 First Credit Union

Michigan First Credit Union

Fiscal year ending 2020. Filed on November 8, 2021.

27000 Evergreen Road
Lathrup Village, Michigan 48076

Michigan First Credit Union (EIN: 38-0481580) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2020 IRS Form 990 filing, Michigan First Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 12 out of 607 total employees. Among the employees shown here, the average compensation is $369,226. The highest compensated employee at Michigan First Credit Union is Michael Poulos with fiscal year 2020 compensation of $917,352.

Revenue, expenses, and employee compensation

Revenue

$92,452,995

Expenses

$81,796,863

Employee compensation

$40,452,244
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Poulos
President and Chief Executive Officer
$917,352
$876,565 No related comp$40,787
Matthew West
Mortgage Loan Officer
$615,789
$576,946 No related comp$38,843
Dan Sugg
Chief Mortgage Officer
$474,041
$443,777 No related comp$30,264
Diego Arteaga Arcila
Mortgage Loan Officer
$458,652
$428,410 No related comp$30,242
Theodore Lyons
Mortgage Branch Manager
$404,621
$380,244 No related comp$24,377
Anthony Selhost
Mortgage Loan Officer
$352,354
$315,017 No related comp$37,337
Gerald Bettens
Chief Information Officer
$299,349
$289,353 No related comp$9,996
Jennifer Borowy
Chief Operating Officer
$277,499
$254,151 No related comp$23,348
Jeffrey Fitrzyk
Chief Lending Officer
$263,791
$231,400 No related comp$32,391
Larry Rice
Director of IT Service DEL
$224,197
$193,325 No related comp$30,872
Melissa Espinoza
Chief Financial Officer
$88,997
$85,038 No related comp$3,959
Janet Barden
Chief Financial Officer
$54,065
$52,822 No related comp$1,243

Benchmark Employee Compensation

Non-Employee Board Members

Dandridge Floyd
Director
Deirdre Scott
Vice Chair
Donna Vandervries
Director
Ines de Jesus
Director
Linda Height
Chair
Mike Hohf
Director
Nadine Tibbs-Stallworth
Secretary
Richard Lemoyne
Director
Sheila Anderson
Treasurer

Contractors

Diebold Nixdorf Inc.
ATM Machines
$2,844,812
AT&T
Phone Internet
$1,255,430
Alimar Security Inc.
Security Guards/Branch Security
$1,080,716
Demaria
Construction
$979,837
Continental Cafe LLC
Cafe
$882,779

Mission Statement

TO BE THE ONLY FINANCIAL INSTITUTION FOR OUR MEMBERS.

Revisions to this organization profile

October 1, 2025:
2024 Michigan First Credit Union 990 filed
October 7, 2024:
2023 Michigan First Credit Union 990 filed
November 2, 2023:
2022 Michigan First Credit Union 990 filed

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