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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 Security Credit Union

Security Credit Union

Fiscal year ending 2023. Filed on October 24, 2024.

5255 Security Park Blvd
Holly, Michigan 48442

Security Credit Union (EIN: 38-1514946) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Security Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 8 out of 205 total employees. Among the employees shown here, the average compensation is $223,938. The highest compensated employee at Security Credit Union is Christopher Estes with fiscal year 2023 compensation of $448,399.

Revenue, expenses, and employee compensation

Revenue

$35,342,586

Expenses

$32,208,152

Employee compensation

$11,585,854
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Christopher Estes
President and Chief Executive Officer
$448,399
$387,508 No related comp$60,891
Jay Yax
Senior Vice President Operations and COO
$263,911
$219,105 No related comp$44,806
Joseph Regan
Vice President, Information Technology
$202,627
$163,099 No related comp$39,528
Heidi Schwarz
Vice President, Accounting
$191,899
$153,591 No related comp$38,308
Scott Knopf
Vice President of Lending/Loss Prevent
$187,613
$149,877 No related comp$37,736
Amanda Sherwood
Vice President, Human Resources
$177,032
$140,033 No related comp$36,999
William Herron
Vice President, Operations
$160,877
$125,552 No related comp$35,325
Katie Krane
Vice President Sales and Service
$159,145
$127,315 No related comp$31,830

Benchmark Employee Compensation

Non-Employee Board Members

Don Sorensen
Secretary
Donald Henry
Second Vice Chair
Jessie Collins
Director
John Truchan
Chair
Joseph Niedzwiecki
First Vice Chair
Phil Thick
Treasurer

Contractors

Jack Henry
Electronic Processing
$1,895,640
Harmon Management LLC
Consulting
$1,537,349
Informa Business Systems
ATM Processing and Maintenance
$1,199,979
US Signal LLC
Telephone Provider
$426,815
Loomis
Cash Handling
$323,264

Mission Statement

WE ARE OUR MEMBERS' TRUSTED, SECURED FINANCIAL COOPERATIVE DEDICATED TO PROVIDING EXCEPTIONAL VALUE, PERSONALIZED SERVICE, AND CONVENIENCE.

Other organizations also named Security Credit Union

Family Security Credit Union
Decatur, Alabama
Mutual Security Credit Union Inc.
Shelton, Connecticut
Financial Security Credit Union
Carlsbad, New Mexico
Security Credit Union Foundation
Holly, Michigan
Social Security Credit Union
Birmingham, Alabama
First Security Credit Union
Chicago, Illinois

Revisions to this organization profile

October 24, 2025:
2024 Security Credit Union 990 filed
October 24, 2024:
2023 Security Credit Union 990 filed
October 19, 2023:
2022 Security Credit Union 990 filed

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