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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 Team One Credit Union

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 No related comp$50,505
Dana Tell
Vice President
$343,121
$290,771 No related comp$52,350
Taylor Murray
CEO of Servistar
$319,646
$0 $280,133 $39,513
Michael Neill
CLO of Servistar
$248,411
$0 $226,523 $21,888
Anne Arrand
Chief Operating Officer
$247,028
$207,083 No related comp$39,945
Karl Borquist
CEO of CU Compliance CUSO, LLC
$233,386
$0 $208,665 $24,721
John Hyatt
Senior Commercial Lender
$230,655
$223,877 No related comp$6,778
Timothy Ferrio
Chief Experience Officer
$211,638
$160,524 No related comp$51,114
Nancy Davis
Chief Lending Officer
$205,763
$160,204 No related comp$45,559
Aleksander Gorgioski
Chief Information Officer
$201,921
$185,198 No related comp$16,723
Scott Albrecht
Vice President Learning Develop. of Servistar
$170,932
$0 $148,632 $22,300
Rebecca Gerzseny
Chief Financial Officer
$152,369
$145,029 No related comp$7,340

Benchmark Employee Compensation

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

Contractors

Member Driven Technologies
Data Processing
$1,244,463
Shi International Corp.
Providing IT Products
$1,049,853
Jack Henry
ATM/Credit Card Processor and Support I
$686,773
Visa USA Inc.
Connects Customers and Business to Enabl
$673,297
Alkami
Providing Digital Banking Platforms
$565,488

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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