2025-10-27T09:47:35-07:00 2024-12-31 990 2024-01-01 381350130 CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN CRED 3133228279 400 Town Center Drive Dearborn MI 48126 John Chapel-Pearch CFO 3133228693 2025-10-15 1 2024 2025-03-06 01:10:19Z Ryan Goldberg 400 Town Center Dr Dearborn MI 48126 270939748 1 1 1359 X www.dfcufinancial.com X 1936 MI Highly personalized service, easy to understand, financial expertise offering a full range of financial services and products. 9 9 762 0 196951 0 0 0 149023446 185567424 88714346 85372324 0 0 237737792 270939748 334340 291540 0 0 63801225 65919120 0 0 0 124683795 161846675 188819360 228057335 48918432 42882413 6261595415 6661513708 5883557017 6168153941 378038398 493359767 Highly personalized service, easy to understand, financial expertise offering a full range of financial services and products. 0 0 228057335 270939748 Highly personalized service, easy to understand, financial expertise offering a full range of financial services and products. Highly personalized service, easy to understand, financial expertise offering a full range of financial services and products. 0 0 0 228057335 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 266253 0 1 762 1 1 1 0 0 0 0 0 1 0 X 9 9 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 X Mary Kalinski 3133228279 400 Town Center Drive Dearborn MI 48126 Brad Sova Financial Consultant 40 0 X 1558279 0 0 Ryan Goldberg CEO 40 0 X 1401942 0 0 John Friday Financial Consultant 40 0 X 613388 0 0 Jack Barrett Florida Market & Chief CL Officer 40 0 X 573223 0 0 Keri Boyd Chief Retail Service Officer 40 0 X 554895 0 0 John Chapel-Pearch CFO 40 0 X 553697 0 0 Vince Pittiglio CIO 40 0 X 553381 0 0 Patrick Maher President DFCU Financial Partners 40 0 X 509697 0 0 Louis Petrucco Financial Consultant 40 0 X 500301 0 0 Brian Mell Financial Consultant 40 0 X 495539 0 0 Matt Elsey Board Treasurer 1 0 X 0 0 0 Keith Moss Board Member Vice Chair 1 0 X 0 0 0 Donald Tomford Board Secretary 1 0 X 0 0 0 Shirley Ghannam Board Member 1 0 X 0 0 0 Margaret Dimond Board Member 1 0 X 0 0 0 Annetta May Board Member 1 0 X 0 0 0 John Sinelli Board Member 1 0 X 0 0 0 Cama Cureton Board Member 1 0 X 0 0 0 James Cowper Board Member Chairperson 1 0 X 0 0 0 7314342 0 0 124 0 1 0 0 0 Interest Income & Income from Members 522130 185567424 185370473 196951 0 0 0 0 0 185567424 92454499 92454499 0 0 0 0 0 0 0 0 0 0 0 0 -7970667 888492 0 0 -7970667 888492 -7082175 -7082175 0 0 0 270939748 270742797 196951 0 291540 0 0 0 7314341 0 45437559 3480680 5952813 3733727 0 216302 577597 0 0 0 0 2458501 2542633 11735868 0 6180369 350393 0 175711 77065889 0 3786147 515088 Provision for Loan Losses 14472047 Cash Back Dividend 22671474 Loan Servicing 1961367 Channel Expense 10939736 6197553 228057335 0 0 0 24082652 32365030 0 0 0 0 21054365 20691706 47270524 59711676 0 0 1749273073 2143075086 0 0 3025286 2807129 127832328 67326064 56839072 60506264 0 0 4191863530 4153397841 7287800 7287800 82191681 96074071 78707432 85597105 6261595415 6661513708 98611484 104804992 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5784945533 6063348949 5883557017 6168153941 X 0 0 0 0 378038398 493359767 378038398 493359767 6261595415 6661513708 X 42882413 72693110 0 0 0 -254154 X 0 1 1 0 0 17031922 17031922 0 61195865 34189071 27006794 0 17112914 5086205 12026709 0 31748283 28050788 3697495 0 743344 0 743344 60506264 0 F 0 F US Government & Agency 1206017525 F MBO & CMO 1995133513 F Overnight Funds 951920303 F Investment Merger 326500 F 4153397841 0 Checking 1213145808 Saving 1277241376 IMMA 1411878698 Certificates 1530592163 IRA's 147132240 Business 475421058 Other 7937606 6063348949 270939748 0 0 0 0 0 270939748 0 0 0 270939748 228057335 0 0 0 0 0 228057335 0 0 0 228057335 1 The Henry Ford 20900 Oakwood Blvd Dearborn MI 48124 381359130 501(c)3 20000 0 Cash Donation made in communities where we do business to better the community The Children's Foundation 3011 West Grand Blvd Ste 218 Detroit MI 49202 320087353 501(c)3 15000 0 Cash Donation to support communities we do business in. University of Michigan 19000 Hubbard Dr Dearborn MI 48126 386006306 501(c)3 25000 0 Cash Support communities where we do business. Gathering LLC 220 W 7th Avenue Tampa FL 33602 811790901 13463 0 cash Henry Ford Health Systems 1 Ford Place 5A Detroit MI 48202 381357020 501(c)3 12500 0 Cash Support organizations where we do business to better the community Bess The Books 2316 E 3rd Ave Tampa FL 33605 510518142 501(c)3 12000 0 Cash Donate in communities where we do business to improve communities United Shore Professional Baseball Legue 400 Water Street Suit 250 Rochester MI 48307 473848371 35000 0 Cash Donate to communities where we do business Dearborn School Foundation 18700 Audette Dearborn MI 48124 383857599 501(c)3 7000 0 Cash Donate in communities where we do business. Banazi 2230 N University Parkway STE 14 Provo UT 84604 260233660 6505 0 Cash Donation to better financial literacy in communities. 6 9 Schedule I, Part I, Line 2 DFCU donates money based on merit to organizations in locations where we do business to better the community X 1 1 X X X X 0 1 0 Brad Sova Financial Consultant 1558279 0 0 0 0 0 36800 0 23727 0 1618806 0 0 0 Ryan Goldberg CEO 894567 0 507375 0 0 0 31050 0 26290 0 1459282 0 0 0 Jack Barrett Florida Market & Chief CL Officer 393223 0 180000 0 0 0 21235 0 17610 0 612068 0 0 0 Patrick Maher President DFCU Financial Partners 162932 0 346765 0 0 0 14942 0 23727 0 548366 0 0 0 John Friday Financial Consultant 613388 0 0 0 0 0 36800 0 26290 0 676478 0 0 0 John Chapel-Pearch CFO 378697 0 175000 0 0 0 54050 0 23727 0 631474 0 0 0 Keri Boyd Chief Retail Service Officer 369895 0 185000 0 0 0 54050 0 15810 0 624755 0 0 0 Vince Pittiglio CIO 368381 0 185000 0 0 0 53962 0 19071 0 626414 0 0 0 Brian Mell Financial Consultant 495539 0 0 0 0 0 24957 0 18007 0 538503 0 0 0 Louis Petrucco Financial Consultant 500301 0 0 0 0 0 30120 0 17347 0 547768 0 0 0 Schedule J, Part I, Line 1a Board members and their spouse and dependents are reimbursed for costs related to attending the board planning conference. Schedule J, Part I, Line 3 The organization reviews salaries by an independent consultant and studies. Schedule J, Part I, Line 4 The organization deposits funds participates life insurance. During life and subject to the policy generating sufficient values, the participant can borrow from the policy. At death, the organization plus additional key-person insurance proceeds. Participates are listed in schedule L, part II. Ryan Goldberg CEO Life Insurance X 34500000 35253585 0 1 1 John Chapel-Pearch CFO Life Insurance X 13050000 13403120 0 1 1 Geno Pittiglio CIO Life Insurance X 6300000 6034790 0 1 1 Keri Boyd Chief Retail Officer Life Insurance X 2150000 2956081 0 1 1 Douglass Cooper CLO Life Insurance X 3100000 2064097 0 1 1 59711673 Form 990, Part VI, Section A, Line 6 The organization has members. Form 990, Part VI, Section A, Line 7a Credit Union members can participate in the election process. Form 990, Part VI, Section A, Line 7b Credit Union members can participate in the election process and certain merger decisions. Form 990, Part VI, Section B, Line 11b The return is reviewed and signed by the CFO. Form 990, Part VI, Section B, Line 12c The organization has a signed statement by directors in inform conflict of interests on an ongoing basis. Form 990, Part VI, Section B, Line 15 The organization reviews salaries by an independent consultant and studies. Salary is also approved by the board. Form 990, Part VI, Section C, Line 19 The governing documents and conflict of interest policy are not made available to the public. Financial are made available to the public on the NCUA website via the 5300 filing. Form 990, Part XI, Line 9 Business changes and retiree medical An extension was filed and excepted by the IRS