2026-01-20T13:31:32-05:00 2023-12-31 383079404 STRALEY LAMP & KRAENZLEIN PC PO BOX 738 ALPENA MI 497070738 990 2023-01-01 381384940 WOLVERINE STATE CREDIT UNION WOLV 9893561880 1381 NORTH BAGLEY STREET ALPENA MI 49707 NICHOLAS MONTIE MANAGER/CEO 9893561880 2026-01-19 true CHELSEA A MCCONNELL CPA P01913511 9893564531 2026-01-19 2023 2025-03-06 01:10:19Z X NICHOLAS MONTIE 1381 N BAGLEY STREET ALPENA MI 49707 7259412 false X WWW.WOLVERINESCU.COM X 1950 MI TO BE MICHIGAN'S LEADING CREDIT UNION, DEDICATED TO THE FINANCIAL SUCCESS OF EVERY MEMBER. 8 8 55 10 11793 0 5097670 5680694 1052462 1578718 0 6150132 7259412 0 0 2742938 2675616 0 0 2851315 3541309 5594253 6216925 555879 1042487 143548355 140518712 132734495 127778274 10813860 12740438 X TO BE MICHIGAN'S LEADING CREDIT UNION, DEDICATED TO THE FINANCIAL SUCCESS OF EVERY MEMBER. 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 10,953. THE CREDIT UNION PROVIDES A VARIETY OF LOANS TO MEMBERS INCLUDING REAL ESTATE, CREIT CARD, VEHICLES AND OTHER. THE TOTAL NUMBER OF LOANS OUTSTANDING AT 12/31/2023 WAS 7,958. N/A N/A 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 2098 0 true 55 true true true false false false false false false false X 8 8 false false false false true true true true true false true true false true true true true true true true false NICHOLAS MONTIE 9893561880 1381 N BAGLEY STREET ALPENA MI 49707 NICHOLAS MONTIE MANAGER/CEO 40.00 X 161811 0 10350 RUBY J HASKE COO 40.00 X 93464 0 5200 DONALD BARTOSH CHAIRPERSON 2.00 X 0 0 0 RANDALL T BOBOLTZ DIRECTOR 2.00 X 0 0 0 ROBERT A GROCHOWSKI VICE CHAIR 2.00 X 0 0 0 CHELSEA WALLACE KOSS SECRETARY 2.00 X 0 0 0 CHELSEA MCCONNELL TREASURER 2.00 X 0 0 0 JERRY E PETERSON DIRECTOR 2.00 X 0 0 0 PATRICK RICHARDS DIRECTOR 2.00 X 0 0 0 DAVID WITKOWSKI DIRECTOR 2.00 X 0 0 0 255275 15550 1 false true false CUANSWERS 6000 28TH ST SE 100 GRAND RAPIDS MI 49546 DATA PROCESSING 428488 1 INTEREST ON LOANS 522291 4240789 4240789 INTERCHANGE INCOME 525990 704859 704859 FEES AND CHARGES 525990 697388 697388 INSURANCE INCOME 524298 25865 25865 NON-MEMBER ATM FEES 525990 23663 23663 -11870 -11870 5680694 1578718 1578718 7259412 7247619 11793 172161 1807948 106985 421850 166672 8001 78458 472653 223002 234632 219673 147708 115796 673852 188847 51023 LOAN SERVICING 609062 PROVISION FOR LOAN LOSSES 409043 POSTAGE AND SHIPPING 85688 ORGANIZATIONAL DUES 18379 5492 6216925 0 0 0 2667052 2248918 23425127 47967026 84687058 85519150 100088 104037 2758871 1506469 1395247 1252402 28455674 837000 1092715 29249 1951860 2334464 143548355 140518712 1134212 823194 131600283 126955080 132734495 127778274 X 10813860 12740438 10813860 12740438 143548355 140518712 1042487 761267 122824 X false false false 487601 487601 1434760 897661 537099 198364 109951 88413 638146 498857 139289 1252402 OTHER LIABILITIES 126955080 126955080 false false false NICHOLAS MONTIE MANAGER/CEO 161811 10350 172161 FORM 990, PAGE 1, ITEM B THE ORIGINAL FILING INCLUDED FORM 990-T REPORTING UNRELATED BUSINESS TAXABLE INCOME RELATED TO GAP INSURANCE SALES TO MEMBERS. UPON FURTHER REVIEW, THESE REVENUES ARE NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX UNDER APPLICABLE INTERNAL REVENUE CODE PROVISIONS. ACCORDINGLY, FORM 990-T HAS BEEN AMENDED TO REMOVE THE IMPROPERLY REPORTED UNRELATED BUSINESS TAXABLE INCOME AND RELATED TAX. FORM 990, PAGE 2, PART III, LINE 4D N/A FORM 990, PAGE 6, PART VI, LINE 6 CREDIT UNION IS COMPOSED OF MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS VOTE ON BYLAW AND CHARTER CHANGES. MEMBERS VOTE AND ELECT BOARD MEMBERS AT ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 7B MERGERS ARE VOTED BY ENTIRE MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT REVIEWS TAX RETURNS AND FORWARDS FORM 8879-TE TO TAX PREPARER. BOARD REVIEWS FILED TAX RETURNS AT NEXT SCHEDULED MEETING. FORM 990, PAGE 6, PART VI, 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, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS DETERMINES CEO COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 15B CEO REVIEWS EMPLOYEES REVIEW, ABSENTEES, PERFORMANCE CRITERIA, ETC. PRESENTS TO BOARD OF DIRECTORS FOR APPROVAL. THE BOARD OF DIRECTORS ARE NOT COMPENSATED. FORM 990, PAGE 6, PART VI, LINE 19 CREDIT UNION BYLAWS, CONFLICT OF INTEREST POLICY, AND WHISTLEBLOWER POLICY ARE AVAILABLE UPON REQUEST AT THE CREDIT UNION'S MAIN OFFICE. QUARTERLY FINANCIAL STATEMENTS ARE DISPLAYED IN THE LOBBY WHCH IS ACCESSIBLE TO THE GENERAL PUBLIC. QUARTERLY FINANICAL PERFORMANCE (CALL) REPORTS ARE ALSO AVAILABLE AT WWW.NCUA.GOV FOR ALL FEDERALLY INSURED CREDIT UNIONS.