2024-05-08T07:13:51-07:00 2023-12-31 650152722 FINANCIAL STANDARDS GROUP INC 6447 W HIGHWAY 146 CRESTWOOD KY 40014 990 2023-01-01 381602298 TBA CREDIT UNION TBAC 2319467090 630 EAST FRONT STREET TRAVERSE CITY MI 49686 KAREN BROWNE CEO 2024-05-08 true KAREN BROWNE 999009999 true Donald E Lingerfelt P00339004 8005225820 0 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z KAREN BROWNE 630 EAST FRONT STREET TRAVERSE CITY MI 49686 17795248 false X https://www.tbacu.com/ X 1955 MI TO SERVE THE COMMUNITY AND BUILD TRUSTED RELATIONSHIP 7 7 85 7 52014 0 11375342 14740325 1093766 1543105 86898 1511818 12556006 17795248 0 0 4857895 5594853 0 0 4667797 6932174 9525692 12527027 3030314 5268221 344647354 346552080 301785227 299684699 42862127 46867381 TO SERVE THE COMMUNITY AND BUILD TRUSTED RELATIONSHIP 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 19,137 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 12,663. OFFER AUTOMATED TELLER MACHINES, DEBIT CARDS, MONEY ORDERS, SAFE DEPOSIT BOXES, BILL PAYMENT, TRAVELERS CHECKS, DIGITAL WALLET-APPLE, GOOGLE PAY, SAMSUNG PAY AND VARIOUS INSURANCE PROGRAMS. 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 4336 0 true 85 true true true false false false false false false false X 7 7 false false false false true true true true true false true true false true true true true true true true true false X KAREN BROWNE 2319467090 630 EAST FRONT STREET TRAVERSE CITY MI 49686 KAREN BROWNE CEO 40.00 0.00 X 306282 0 116852 STACYANN SMITH CFO 40.00 0.00 X 143908 0 49013 CHRISTOPHER MILLIRON Vice President 40.00 0.00 X 139375 0 53364 MEGHAN CHENOWETH Vice President 40.00 0.00 X 130070 0 29698 MING MAYS Director 40.00 0.00 X 114502 0 43182 ABBY SMITH Director 40.00 0.00 X 108018 0 40146 ADAM BEVIER Director 1.00 0.00 X 0 0 0 DAN BRADY Director 1.00 0.00 X 0 0 0 KATHLEEN DOUGLAS Secretary 1.00 0.00 X 0 0 0 KYLE ATTWOOD Director 1.00 0.00 X 0 0 0 DAVE SEMAN Chairman 1.00 0.00 X 0 0 0 JESSICA YOUNG Director 1.00 0.00 X 0 0 0 KATHERING WALKER-TELMA Treasurer 1.00 0.00 X 0 0 0 942155 332255 6 false true false CUAnswers 600 28th St SE 100 GRAND RAPIDS MI 49546 DATA PROCESSING 513937 Blue Care Network 20500 Civic Center Dr SOUTHFIELD MI 48076 HEALTH CARE INSURANCE 390536 FIS 11601 Roosevelt Blvd St Petersburg FL 33716 CARD PROCESSOR 255963 City of Traverse City 400 Boardman Ave TRAVERSE CITY MI 49685 PROPERTY TAXES 142163 Burdco Incorporated 1222 Veterans Drive Suite A TRAVERSE CITY MI 49684 BUILDING CONTRACTOR 197599 5 0 ATM INCOME 900099 19992 19992 FEES AND OTHER CHARGES 522100 3091660 3091660 INTEREST ON LOANS 522100 11596651 11596651 NON-MEM SHARED BRANCH 522100 11201 11201 UNRELATED INSURANCE INC 524298 20821 20821 14740325 1543105 1543105 0 0 52760 52760 52760 52760 0 0 0 0 ERC INCOME 900099 1459058 1459058 1459058 17795248 17743234 52014 0 0 0 0 1274410 0 3382421 156465 446409 335148 0 4595 0 0 0 0 0 247549 1012189 517612 0 440989 93595 0 0 2682907 33898 347875 16626 LOAN SERVICING EXPENSE 870806 PROVISION FOR CREDIT LOSSES 244307 MISC 215493 PRO SERVICES 153186 50547 12527027 0 0 0 1266083 1540536 37659811 33662269 0 7733 20183 0 0 204210024 227856232 0 1331493 1527018 12457254 2804947 9658043 9652307 25459246 23885774 59382815 43427596 0 0 5672106 4980165 344647354 346552080 7996070 2418368 293789157 297266331 301785227 299684699 X 42862127 46867381 42862127 46867381 344647354 346552080 X 5268221 -173496 -1089471 X false true X true false 4928675 4928675 5513173 1431861 4081312 101300 88661 12639 527012 383798 143214 1387094 900627 486467 9652307 43427596 MEMBER SHARES 297816352 OTHER LIABILITIES -550021 297266331 false false false CHRISTOPHER MILLIRON Vice President 137975 1400 36456 16908 192739 KAREN BROWNE CEO 269857 36425 97471 19381 423134 MEGHAN CHENOWETH Vice President 128070 2000 22213 7485 159768 MING MAYS Director 113902 600 24502 18680 157684 STACYANN SMITH CFO 143708 200 30509 18504 192921 BROWN'S ELECTRICAL SERV SPOUSE OF CEO SMALL SCALE MAINT CALLS false 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 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 ONE TIME CECL ADJUSTMENT = -$1100086 Form 990, Part XI, Line 9 OTHER INCOME ADJ. = $10615