Sep, 30, 2025 — FINANCIAL PLUS CREDIT UNION is a federally insured state chartered credit union headquartered in FLINT, MI with 12 branch locations and about $1.54 billion in total assets. Opened 74 years ago in 1952, FINANCIAL PLUS CREDIT UNION has about 83,014 members and employs 282 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FINANCIAL PLUS CREDIT UNION |
|---|---|
| Address: (Main Office) | G3381 Van Slyke Rd FLINT, MI 48507-3263 |
| Phone: | (810) 244-2200 |
| Fax: | (810) 244-2711 |
| Website: | https://www.myfpcu.com |
| Branches: | 12 branch locations |
| Members: | 83,014 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68646 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,536,473,387 |
| CEO/Manager: | Brad R Bergmooser |
| Chairperson: | Lisa Wilson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 89,483,047 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 718,580 |
| Real Estate Loans | 540,025,037 |
| Unsecured Loans | 77,889,391 |
| Other Loans | 513,901,282 |
| TOTAL LOANS | 1,132,588,580 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -16,726,050 |
| Land And Building | 15,066,768 |
| Other Fixed Assets | 5,725,573 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 10,584,816 |
| All Other Assets | 1,362,367 |
| TOTAL ASSETS | 1,536,473,387 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 29,972 |
| Notes & Interest Payable | 100,000,000 |
| Accounts Payable & Other Liabilities | 16,515,054 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 235,542,860 |
| Regular shares | 273,233,394 |
| All Other Shares & Deposits | 732,633,147 |
| TOTAL SHARES & DEPOSITS | 1,241,409,401 |
| TOTAL LIABILITIES | 1,358,363,026 |
| Regular Reserve | 0 |
| Other Reserves | 171,617,965 |
| Undivided Earnings | 6,492,396 |
| TOTAL EQUITY | 178,110,361 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,536,473,387 |
| INCOME & EXPENSE | |
| Loan Income | 53,217,187 |
| Investment Income | 9,943,453 |
| Other Income | 5,705,486 |
| Total Employee Compensation & Benefits | 20,958,041 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 20,353,895 |
| Non-operating Income & (Expense) | 7,174 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,041,605 |
| Cost of Funds | 17,186,295 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 11,574,563 |
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