Compensation 990

Team One Credit Union

Fiscal year ending 2024. Filed on October 27, 2025.

520 Hayden St PO Box 1260
Saginaw, Michigan 48606

Team One Credit Union (EIN: 38-6066199) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Team One Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 13 out of 211 total employees. Among the employees shown here, the average compensation is $244,508. The highest compensated employee at Team One Credit Union is Derrick Barber with fiscal year 2024 compensation of $528,902. Team One Credit Union changed its name from Credit Unions Chartered in the State of Michigan in 2017.

Revenue, expenses, and employee compensation

Revenue

$44,313,434

Expenses

$41,493,494

Employee compensation

$14,653,024
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Derrick Barber
President
$528,902
$478,397 from orgNo related comp$50,505 other
Dana Tell
Vice President
$343,121
$290,771 from orgNo related comp$52,350 other
Taylor Murray
CEO of Servistar
$319,646
$0 from org$280,133 from related$39,513 other
Michael Neill
CLO of Servistar
$248,411
$0 from org$226,523 from related$21,888 other
Anne Arrand
Chief Operating Officer
$247,028
$207,083 from orgNo related comp$39,945 other
Karl Borquist
CEO of CU Compliance CUSO, LLC
$233,386
$0 from org$208,665 from related$24,721 other
John Hyatt
Senior Commercial Lender
$230,655
$223,877 from orgNo related comp$6,778 other
Timothy Ferrio
Chief Experience Officer
$211,638
$160,524 from orgNo related comp$51,114 other
Nancy Davis
Chief Lending Officer
$205,763
$160,204 from orgNo related comp$45,559 other
Aleksander Gorgioski
Chief Information Officer
$201,921
$185,198 from orgNo related comp$16,723 other
Scott Albrecht
Vice President Learning Develop. of Servistar
$170,932
$0 from org$148,632 from related$22,300 other
Rebecca Gerzseny
Chief Financial Officer
$152,369
$145,029 from orgNo related comp$7,340 other

Non-Employee Board Members

Carl Hawkins
Treasurer
Jan Elbing
Director
Jan Tolley
Director
Jim Finkbeiner
Director
Patrick O'Toole
Director
Peter Tyson
Secretary
Rebecca Sanchez
Chair
Theron Wiggis
Director
Timothy Fritz
Vice Chair

Mission Statement

TO MEET THE FINANCIAL NEEDS OF THE COMMUNITIES WE SERVE AND TO MAKE THEM STRONGER.

Revisions to this organization profile

October 27, 2025:
2024 Team One Credit Union 990 filed
October 25, 2024:
2023 Team One Credit Union 990 filed
November 8, 2023:
2022 Team One Credit Union 990 filed

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