2024-10-21T09:08:12-07:00 2023-12-31 650152722 FINANCIAL STANDARDS GROUP INC 6447 W HIGHWAY 146 CRESTWOOD KY 40014 990 2023-01-01 381446160 CONSUMERS PROFESSIONAL CREDIT UNION CONS 5173722400 525 WEST WILLOW STREET LANSING MI 48906 TERRY GARRISON President & CEO 2024-10-21 true true Donald E Lingerfelt P00339004 8005225820 2023 2024-10-15 13:58:12Z TERRY GARRISON 7450259 false X https://www.cpcu.co/ X 1953 MI WE WILL COMMIT OURSELVES TO BUILDING LIFELONG RELATIONSHIPS AND GIVING THE GREATEST SERVICE EXPERIENCE. 7 7 55 7 69493 0 2997478 4496195 565679 2389746 428482 3563157 7314423 0 0 1240844 2033903 0 0 1620532 3539273 2861376 5573176 701781 1741247 91878083 134080796 77232946 113112438 14645137 20968358 WE WILL COMMIT OURSELVES TO BUILDING LIFELONG RELATIONSHIPS AND GIVING THE GREATEST SERVICE EXPERIENCE. false false THE CREDIT UNION PROVIDES SEVERAL DEPOSIT ACCOUNT TYPES TO MEMBERS INCLUDING SAVINGS, CHECKING, CERTIFICATES AND OTHER. THE TOTAL NUMBER OF MEMBERS AT 12/31/2023 WAS 7,795. THE CREDIT UNION PROVIDES A VARIETY OF LOANS TO MEMBERS INCLUDING REAL ESTATE, CREDIT CARD, VEHICLE AND OTHER. THE TOTAL NUMBER OF LOANS OUTSTANDING AT 12/31/2023 WAS 3,652. false false false false false false false false false true true false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 2661 0 true 55 true true true false false false false false false false X 7 7 false false true false true true true true true false true true false true true true false true true true false X X STACEY PITCHER 5173722400 525 WEST WILLOW STREET LANSING MI 498015100 DAVID KINDY President & CEO 40.00 0.00 X 183036 0 30035 KATHY SCHROEDER Vice President 40.00 0.00 X 122660 0 20740 WILLIAM BURKE Chairman 1.00 0.00 X 0 0 0 MARVIN KNIGHT Director 1.00 0.00 X 0 0 0 MIKE FREDERICK Director 1.00 0.00 X 0 0 0 ANNE WILSON Secretary 1.00 0.00 X 0 0 0 JEFF STUMP Treasurer 1.00 0.00 X 0 0 0 CHRISTINE SHEARER Director 1.00 0.00 X 0 0 0 TOBIAS WEBBER Director 1.00 0.00 X 0 0 0 305696 50775 2 false true false 0 0 FEES AND OTHER INCOME 522100 982167 962530 19637 INSURANCE SALES 524298 49856 49856 LOAN INTEREST INCOME 522100 3464172 3464172 4496195 2525582 2525582 0 0 0 135836 -135836 -135836 -135836 0 0 0 GAIN ON BARGAIN PURCHASE 522100 428482 428482 428482 7314423 7244930 69493 0 0 0 0 356471 0 1341194 78492 127684 130062 0 0 0 0 0 956 0 69602 799261 270741 0 273512 87162 0 0 1160722 11504 125729 10094 PCL 296987 LOAN SERVICING EXP 201869 PRO SERVICES 147335 MISC & OTHER 83799 0 5573176 0 0 0 828654 1309466 20946300 33521045 0 17866 10510 0 0 51028550 63144132 0 156550 187930 5277126 2841016 2217472 2436110 178623 188149 15519810 29980773 0 0 984258 3302681 91878083 134080796 188613 209000 77044333 112903438 77232946 113112438 X 14645137 20968358 14645137 20968358 91878083 134080796 X 1741247 17997 4563977 X true X false false false 349417 349417 3743275 1963171 1780104 575880 391991 183889 608554 485854 122700 2436110 29980773 MEMBER DEPOSITS 112726695 OTHER LIABILITIES 176743 112903438 false false false DAVID KINDY President & CEO 155536 27500 14999 15036 213071 Form 990, Part VI, Section A, Line 4 MERGER OCCURRED ON 7/1/2023 RESULTING IN BYLAW AND ORGANIZATIONAL CHANGES. Form 990, Part VI, Section A, Line 6 SECTION 501C(14) CREDIT UNION IS COMPOSED OF MEMBERS. Form 990, Part VI, Section A, Line 7a MEMBERS VOTE ON BYLAW AND CHARTER CHANGES. MEMBERS VOTE AND ELECT BOARD MEMBERS AT ANNUAL MEETING. Form 990, Part VI, Section A, Line 7b MERGERS ARE VOTED ON BY ENTIRE MEMBERSHIP. Form 990, Part VI, Section B, Line 11b MANAGEMENT REVIEWS TAX RETURNS AND FORWARDS US FORM 8879-TE TO TAX PREPARER. BOARD REVIEWS FILED TAX RETURNS AT NEXT SCHEDULED MEETING. Form 990, Part VI, Section B, Line 12c EMPLOYEE LOANS ARE MANAGEMENT APPROVED. MANAGEMENT LOANS ARE BOARD APPROVED. LOANS TO BOARD MEMBERS ARE APPROVED BY THE BOARD MINUS THE LENDEE. Form 990, Part VI, Section B, Line 15a EXECUTIVE AND EMPLOYEE SALARIES ARE BOARD REVIEWED AND APPROVED. BOARD OF DIRECTORS ARE NOT COMPENSATED. Form 990, Part VI, Section B, Line 15b EXECUTIVE AND EMPLOYEE SALARIES ARE BOARD REVIEWED AND APPROVED. BOARD OF DIRECTORS ARE NOT COMPENSATED. Form 990, Part VI, Section C, Line 18 BOARD APPROVED FINANCIAL STATEMENTS ARE LOCATED IN THE LOBBY. Form 990, Part VI, Section C, Line 19 CREDIT UNION BYLAWS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST AT THE CREDIT UNION'S MAIN OFFICE. QUARTERLY FINANCIAL STATEMENTS ARE DISPLAYED IN THE LOBBY WHICH IS ACCESSIBLE TO THE GENERAL PUBLIC. QUARTERLY FINANCIAL PERFORMANCE (CALL) REPORTS ARE ALSO AVAILABLE AT WWW.NCUA.GOV FOR ALL FEDERALLY INSURED CREDIT UNIONS. Form 990, Part XI, Line 9 AQUIRED MERGER EQUITY = $4563977