GREAT LAKES CREDIT UNION
2111 Waukegan Road, Bannockburn, IL 60015 www.gclu.org

Total Revenue
$47,845,545
Total Expenses
$43,742,192
Net Assets
$79,582,567

Organizations Filed Purposes: THE PRIMARY EXEMPT PURPOSE OF GREAT LAKES CREDIT UNION (GLCU) IS TO PROVIDE LOANS, SAVINGS ACCOUNTS, AND OTHER FINANCIAL SERVICES THAT PROMOTE THE FINANCIAL PROSPERITY OF OUR 84,211 MEMBERS.

LOANS ARE GRANTED TO INDIVIDUALS WHO ARE MEMBERS IN GOOD STANDING WITH THE CREDIT UNION AND WHO QUALIFY FOR SUCH LOANS. FOR 2019, GLCU PROVIDED THE FOLLOWING LOANS --326 MORTGAGES TOTALING $105,805,038 VEHICLE LOANS TOTALING $78,186,134; CONSUMER LOANS TOTALING $60,076,864

ATM/DEBIT CARDS AND CHECK CARDS ARE AVAILABLE TO MEMBERS WHO APPLY FOR ELECTRONIC ACCESS TO THEIR ACCOUNTS FOR DEPOSIT AND WITHDRAWAL OF FUNDS AND ACCOUNT INFORMATION. VARIOUS TYPES OF CHECKING ACCOUNTS ARE OFFERED TO MEMBERS, SOME WITH NO MONTHLY SERVICE FEE.

VARIOUS INSURANCE PRODUCTS ARE OFFERED TO MEMBERS. TYPES OF PRODUCTS OFFERED INCLUDE CREDIT LIFE, CREDIT DISABILITY, MECHANICAL BREAKDOWN PROTECTION (MBP), AND FINANCIAL GAP PROTECTION.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Steven BuggPresident/CEO40$447,159
Kamil SakiciEVP - CHIEF FINANCIAL OFFICER40$312,755
Ericka GormanCHIEF OPERATIONS OFFICER40$252,965
Frederick CampobassoChief Lending Officer40$204,912
Eric VesseleVP, COMMERCIAL LENDING40$204,490
Chris VisocnikVice President Information Technology40$165,183
Maria MichalakLoan Operations Senior Manager40$147,184
Jim BuererSenior Architect40$141,324
R Lee PiekarzDirector5$0
Kevin LemanDirector5$0
Jim E MarchDIRECTOR5$0
David GolesDirector5$0
Cathy CorbiDirector5$0
Stephen M ParkChair5$0
Patrice PriceVice Chair5$0
James A FabrieTreasurer5$0
Bertine A NixonSECRETARY5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023189349312277_public.xml