Our Story

Financial Plus was founded in 1952 (then known as Cheve-Flint Federal Credit Union) by the employees of the Chevrolet Motor Company who worked in a factory fondly known as “Chevy in the Hole.” The plant was located in a low area (hence “the hole”) along the banks of the Flint River near downtown Flint. As you can imagine, our members still take great pride in our automotive roots.


The Credit Union began to grow, and by 1965 the charter had been expanded to include workers in other Flint area General Motors facilities. At that point, the name was changed to West Side Auto Employees Federal Credit Union.


The growth didn’t stop there, and in 2002 we became community-chartered. This meant that anyone who lived worked, worshipped, volunteered, or attended school in Genesee, Shiawassee, Lapeer, and parts of Livingston County could apply for membership. Because we no longer only served automotive employees, a name change was needed, and the name Financial Plus Federal Credit Union hung on our doors for the first time. We began to expand and the Corunna Rd., Swartz Creek, Fenton, and Grand Blanc branches were gradually added.

2014 was a big year for us. We converted to a state-chartered credit union (dropping the word “federal” from our name), allowing us to serve members in 34 Michigan counties. Also that year, we merged with Saginaw-based Amalgamated Credit Union, giving us our first branch location in Saginaw County. Then, in 2015, we opened a new full-service location in Howell, giving us our first presence in Livingston County.

Community Involvement

Also at our core is a dedication to the communities we serve. We consider it normal to sponsor and/or attend over 100 community events per year – helping local charities and events that bring people together. It's just who we are.

Some of the organizations we proudly support:
- Old Newsboys of Flint
- Foodbank of Eastern Michigan
- Hurley Breast Cancer Navigation Fund
- Crim
- Local Schools
- Humane Society
- Big Brothers Big Sisters
- Saginaw Children's Zoo
- Eastside Soup Kitchen
- Work Skills Foundation
- Lacasa
- Boys and Girls Club
- Red Cross
- Swartz Creek Fire Department

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Board and Executive Management

  • Board of Directors:
  • Barney Hennessy - Chairman
  • Ron Jansson - Vice Chairman
  • C. Diana Webb - Treasurer
  • Kim Jones - Secretary
  • Larry Campbell - Director
  • Kirk Rheaume -  Director
  • Bill Tynes - Director

  • Audit Committee:
  • Bill Tynes - Chairman 
  • Charlie Cotterman
  • Kirk Rheaume

  • Advisory Committee:
  • Muriel Samuels

  • Executive Management:
  • Brad Bergmooser - CEO
  • Jill Reno - President
  • Wade Decker - Chief Financial Officer
  • Olga Long - Vice President of Strategic Growth and Marketing
  • Susan Hankins - Vice President of Operations & Technology
  • Mike Furst - Vice President of Lending & Collections
  • DeAnna Wallace - Vice President of Human Resources & Retail Delivery

Annual Reports:

2016 Financial Statement & Notes