Sep, 30, 2025 — VIBE CREDIT UNION is a federally insured state chartered credit union headquartered in NOVI, MI with 15 branch locations and about $1.52 billion in total assets. Opened 73 years ago in 1953, VIBE CREDIT UNION has about 74,791 members and employs 250 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | VIBE CREDIT UNION |
|---|---|
| Address: (Main Office) | 44575 W Twelve Mile Rd NOVI, MI 48377-2505 |
| Phone: | (248) 735-9500 |
| Fax: | |
| Website: | https://www.vibecu.com |
| Branches: | 15 branch locations |
| Members: | 74,791 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61522 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,521,985,150 |
| CEO/Manager: | Chaz Rzewnicki |
| Chairperson: | Gaia V Piir |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 231,409,498 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 561,833,163 |
| Unsecured Loans | 70,769,682 |
| Other Loans | 288,186,194 |
| TOTAL LOANS | 920,797,620 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,406,444 |
| Land And Building | 27,903,426 |
| Other Fixed Assets | 6,467,696 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 11,291,685 |
| All Other Assets | 854,651 |
| TOTAL ASSETS | 1,521,985,150 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 5 |
| Notes & Interest Payable | 175,000,000 |
| Accounts Payable & Other Liabilities | 12,453,948 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 183,624,292 |
| Regular shares | 569,339,132 |
| All Other Shares & Deposits | 436,698,384 |
| TOTAL SHARES & DEPOSITS | 1,189,661,808 |
| TOTAL LIABILITIES | 1,377,115,761 |
| Regular Reserve | 0 |
| Other Reserves | 58,277,705 |
| Undivided Earnings | 86,591,684 |
| TOTAL EQUITY | 144,869,389 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,521,985,150 |
| INCOME & EXPENSE | |
| Loan Income | 42,073,171 |
| Investment Income | 14,653,969 |
| Other Income | 6,910,943 |
| Total Employee Compensation & Benefits | 20,362,294 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 21,353,312 |
| Non-operating Income & (Expense) | -310,622 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,081,103 |
| Cost of Funds | 21,477,045 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 4,212,672 |
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