2025-04-11T12:52:48-07:00 2024-12-31 650152722 FINANCIAL STANDARDS GROUP INC 6447 W HIGHWAY 146 CRESTWOOD KY 40014 990 2024-01-01 381502320 Safe Harbor Credit Union SAFE 2318432323 5511 W US HIGHWAY 10 LUDINGTON MI 49431 ADAM JOHNSON CEO 2025-04-11 true true Donald E Lingerfelt P00339004 8005225820 2024 2025-03-06 01:10:19Z ADAM JOHNSON 5511 W US HIGHWAY 10 LUDINGTON MI 49431 10880980 false X WWW.SAFEHARBORCU.ORG X 1952 MI PROVIDE FINANCIAL SERVICES AND PRODUCTS TO MEMBERS. 7 7 43 7 0 0 8287539 10361975 196885 519005 0 8484424 10880980 0 0 2152769 2553978 0 0 4619519 6436659 6772288 8990637 1712136 1890343 144959154 172313288 131917613 156964281 13041541 15349007 PROVIDE FINANCIAL SERVICES AND PRODUCTS TO MEMBERS. false false THE CREDIT UNION PROVIDES SEVERAL DEPOSIT ACCOUNT TYPES TO MEMBERS INCLUDING SAVINGS, CHECKING, CERTIFICATES AND OTHER. THE TOTAL NUMBER OF MEMBERS AT 12/31/2024 WAS 8,820. 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 12/31/2024 WAS 5,629. false false false false false false false false false true false 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 3295 0 true 43 false false false false false false false false false X 7 7 false false false false true true true true true false false false true false true true true true true false X Adam Johnson 2318432323 5511 W US HIGHWAY 10 LUDINGTON MI 49431 ADAM JOHNSON CEO 40.00 0.00 X 159210 0 33239 JULEE SARTO Secretary 1.00 0.00 X 0 0 0 TANGEE PETTIS Director 1.00 0.00 X 0 0 0 KATHY COUTURIER Director 1.00 0.00 X 0 0 0 DAVID KASLEY Chairman 1.00 0.00 X 0 0 0 ROBERT THOMPSON Treasurer 1.00 0.00 X 0 0 0 CHRISTOPHER SIMPLER Director 1.00 0.00 X 0 0 0 CHRISTOPHER TOOMAN Director 1.00 0.00 X 0 0 0 159210 33239 1 false true false PRIORITY HEALTH 1231 EAST BELTLINE AVE NE GRAND RAPIDS MI 49525 EMPLOYEE HEALTH INSURANCE 363020 CU ANSWERS 6000 28TH ST SE GRAND RAPIDS MI 49546 CORE PROCESSOR 256093 KASASA LTD 4516 SETON CENTER PKWY STE 300 AUSTIN TX 78759 ACCOUNT AND LOAN VENDOR 282068 COOP FINANCIAL SERVICES 9692 HAVEN AVE RANCHO CUCAMONGA CA 91730 CARD PROCESSOR 446104 REDROCK INFORMATION SECURITY 1101 40TH ST SE GRAND RAPIDS MI 49508 IT SERVICE 103879 5 0 FEE AND OTHER INCOME 522100 1336913 1336913 INSURANCE SALES 524298 INTEREST ON LOANS 522100 9025062 9025062 NON-MEMBER ATM SERVICES 525990 10361975 519005 519005 0 0 0 0 0 0 0 0 10880980 10880980 0 0 0 0 192449 0 1737701 72118 393993 157717 0 12064 4834 0 0 0 0 296913 236587 299887 0 200936 59521 0 0 3363757 7270 200028 57616 PRO SERVICES 981167 CREDIT LOSS EXPENSE 305218 MISC 209549 LOAN SERVICING EXPENSE 179406 21906 8990637 0 0 0 447529 355813 7321525 17722454 0 0 0 0 126295702 141786577 0 24565 5704 6257970 849007 5461648 5408963 2621181 3671077 726907 776499 0 0 2060097 2586201 144959154 172313288 9253147 535428 122664466 156428853 131917613 156964281 X 13041541 15349007 13041541 15349007 144959154 172313288 X 1890343 180836 236287 X false false false 618080 618080 4594238 360539 4233699 261431 199866 61565 784221 288602 495619 5408963 SHARES 156428853 156428853 false false false ADAM JOHNSON CEO 149715 9225 270 10500 22739 192449 KATHY COUTURIER BOARD MEMBER SNOWPLOWING false Form 990, Part VI, Section A, Line 6 SECTION 501C14 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 APPROVED BY THE VP OF LENDING AND THE PRESIDENT/CEO JOINTLY. DENIALS NEED TO BE APPROVED BY THE BOARD. LOANS TO BOARD MEMBERS ARE APPROVED BY THE BOARD MINUS THE LENDEE. 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 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 CECL ADJUSTMENT = -$400909 Form 990, Part XI, Line 9 MERGED EQUITY = $637196 FORM 990, PART VI, LINE 19 - OTHER ORGANIZATION DOCUMENTS AVAILABLE 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.