Lafcu Lansing MI Credit Union | Affordable Vehicle Loans & Checking

Introduction

Welcome to Lafcu, your trusted financial partner located at 4600 Collins Rd, Lansing, MI 48910. Established in 1936, we have proudly served over 74,000 members, helping them achieve their financial goals with confidence and care. Our commitment to you is reflected in our robust financial health, boasting total assets of $1,120,737,143 and a net worth of $233,029,516. At Lafcu, we understand the importance of community. That's why we offer a range of services tailored to meet your needs from personal banking solutions like checking and savings accounts to auto loans and mortgage financing. With a total deposit base exceeding $142,358,104, we ensure your money is safe while also working hard for you. While members can visit us at our branch address, official correspondence should be sent to P. O. Box 26188, Lansing, MI 48909-6188. Our dedicated team of 165 employees, led by CEO Patrick Spyke and Board President Randall Freeman, is here to support you every step of the way. We take pride in being more than just a credit union; we are a vital part of the Lansing community. We invite you to explore what Lafcu can do for you! Whether you're looking to open an account or need assistance with loans, feel free to give us a call at 517-622-6600 or visit our website at lafcu.com. Join us today and experience the benefits of being a member of Lafcu!

Branch History & Mission

At Lafcu, we take pride in our rich history and unwavering commitment to the community. Established in 1936, our branch has been a cornerstone of financial support for members in Lansing, MI, and surrounding areas for decades. From humble beginnings, we have grown into a trusted institution, now serving over 74,000 members with total assets exceeding $1.12 billion. Located at 4600 Collins Rd, Lansing, MI 48910, our branch is easily accessible and near several local landmarks that make it a familiar stop for many. Our mission is clear: to provide exceptional financial services while fostering a supportive community environment. We believe in empowering our members through access to essential banking products and personalized service that goes beyond mere transactions. As we've evolved over the years, we have embraced technological advancements to enhance member experience. Our digital services include online banking, mobile payments, and person-to-person payment options ensuring you can manage your finances conveniently anytime, anywhere. Moreover, we are proud of our commitment to accessibility, with features designed to meet ADA compliance standards. Our dedication extends beyond banking; we actively engage in community outreach efforts that support local initiatives and partnerships aimed at uplifting those around us. Whether it's sponsoring events or providing financial literacy programs, Lafcu strives to make a meaningful impact on the lives of our members and neighbors. While members can visit us at 4600 Collins Rd, official correspondence should be sent to P.O. Box 26188, Lansing, MI 48909-6188. We invite you to reach out via phone at 517-622-6600 during our operating hours from Monday to Friday, 9:00 AM to 5:00 PM. Join us at Lafcu today! Experience firsthand the benefits of being part of a credit union that not only cares about your financial health but also champions community well-being. Together, let's build a brighter future! For more information or to open an account online, visit us at lafcu.com.

Branch Location & Accessibility

Welcome to Lafcu, your friendly credit union located at 4600 Collins Rd in the heart of Lansing, MI. We understand how important it is for our members to access financial services conveniently, and our branch is designed with you in mind. Situated near local landmarks, visiting us is easy whether you're coming from downtown or the surrounding neighborhoods. Our branch offers ample parking and features that ensure everyone can visit us comfortably, including ADA-compliant access points. If you're looking for a quick banking solution, we also have a drive-thru service available for your convenience. At Lafcu, we're here to serve you during our operating hours from Monday to Friday, 9:00 AM to 5:00 PM. Whether you need assistance with personal banking, loans, or other financial services, our dedicated team is ready to help. Plus, with ATM availability right on-site, accessing cash has never been easier. For any official correspondence, please note that while you can visit us at our branch address, you can also send mail to P.O. Box 26188 in Lansing. We invite you to stop by or give us a call at 517-622-6600 for any inquiries. At Lafcu, we look forward to serving you and being a part of your financial journey!

Member Eligibility

Becoming a member of Lafcu means joining a welcoming community that values your financial well-being. At Lafcu, anyone who lives, works, worships, or attends school in Ingham County is eligible to open an account. This means you can easily access a range of services designed to support your financial journey. Joining us not only grants you the opportunity to benefit from our competitive rates and personalized service but also makes you part of a family that truly cares about its members. To get started on your membership journey, simply visit our website for more details about eligibility at Lafcu Eligibility. Opening an account is quick and straightforward just follow the steps outlined at Account Opening. If you have any questions or need assistance, feel free to reach out to us at 517-622-6600. We look forward to welcoming you to Lafcu at 4600 Collins Rd, Lansing, MI 48910!

Business Banking & Commercial Services

Financing Your Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $154 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $269 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $21,894,233, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Matter

In addition to loans, we offer merchant services that can streamline your payment processes. Picture this: your customers can easily pay with credit cards, mobile wallets, or other methods all while you focus on what you do best running your business. Our services help reduce transaction times and enhance customer satisfaction. Located at 4600 Collins Rd Lansing Mi 48910, Lansing, MI, we're here to partner with you every step of the way. For more information, call us at (517) 622-6600 or visit our website at https://www.lafcu.com/. Let's grow together!

Comprehensive List Of Services

Accessibility and Support

We understand how important it is for our members to have easy access to their accounts and services. That's why we provide basic ATM access for withdrawals and balance checks at convenient locations. If you prefer face-to-face interactions, our friendly staff is available during lobby hours from Monday through Friday between 9:00 AM and 5:00 PM. If you're ready to explore all these fantastic services or if you have any questions, don't hesitate to reach out! Call us at (517) 622-6600 or visit us online at Collins today! Your financial wellness is just a step away at Lafcu!

Business Banking

We also cater to local businesses with our comprehensive Business Banking services. From Merchant Services that streamline transactions to tailored Business Loans, we are committed to supporting entrepreneurs in achieving their goals.

Convenient Digital Solutions

In today's fast-paced world, having access to your finances anytime, anywhere is crucial. That's why we offer robust Online & Mobile Banking features. With just a few taps on your smartphone, you can check balances, transfer funds, and even make payments seamlessly. Our ATM & Cash Withdrawal Services ensure that cash is always within reach, while our basic drive-thru banking allows for quick deposits and withdrawals without ever leaving your car.

Personal Banking

Starting with personal banking, we offer Checking & Savings Accounts designed to help you manage your money effectively. Imagine having an account that not only meets your everyday needs but also earns you interest over time! If you're thinking about purchasing a new vehicle, our Auto Loans & Vehicle Financing can get you behind the wheel quickly and affordably. Need a home? Our Mortgage Loans & Refinancing options are here to assist you in making one of life's biggest investments. For those times when unexpected expenses arise, our Personal Loans & Debt Consolidation services can provide the financial relief you need. Plus, don't forget about our Credit Cards with Rewards, allowing you to earn points on every purchase you make!

Digital & Online Banking

Convenient Online Services

With just a few clicks at https://www.lafcu.com/, you can take control of your banking needs. Our online banking service is available 24/7, allowing you to check balances, make transfers, and pay bills without having to visit a branch. Whether you are at home or on the go, managing your money has never been easier.

Mobile Banking Made Easy

Our mobile application brings the bank right to your pocket. You can download it today and enjoy features like mobile payments for quick transactions and person-to-person transfers that let you send money easily to friends or family. Plus, if you're looking for an eco-friendly option, we offer e-statements so you can keep track of your finances without paper clutter.

Secure Transactions

Security is our priority. We use electronic signature authorization for a safe and straightforward way to sign documents digitally, ensuring that your sensitive information is always protected. You can bank with confidence knowing that our systems are designed with advanced security measures. At Lafcu, we're committed to making banking accessible and hassle-free. Join us in embracing the convenience of digital banking your finances are just a click away!

Financial Strength

A Growing Community

Total Share and Deposit Accounts: 141,099, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $20,668,631. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Lafcu is your trusted partner. Visit us at 4600 Collins Rd Lansing Mi 48910 or call (517) 622-6600 to learn more about how we can help you achieve your financial goals.

Member Savings and Investments

Members' savings are secured through $297,176,269 in share certificates and $164,745,557 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is reflected in our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We take pride in having 150 full-time employees and 15 part-time employees who are always ready to serve you with a knowledgeable and committed team.

Our Financial Health

With a net worth of $233,029,516, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $2,071 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Reinvesting for Growth

With $223,970,523 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is evident with $22,213 in used auto loans and $793,253,010 in total loans and leases, supporting your financial goals across various sectors.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $370,303,566 in used vehicle loans and $82,613,550 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive rates to make your purchase more affordable.

Business Loans

For business owners, our outstanding commercial loans totaling $21,894,233 provide the capital needed to grow and expand. We understand that running a business can be challenging; our team is here to support you through customized lending solutions. At Lafcu, we are committed to providing transparent information and great service. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. If you're interested in any of our loan products or have questions about eligibility or refinancing options, don't hesitate to reach out at 517-622-6600 during our operating hours from Monday to Friday between 9:00 AM and 5:00 PM. Let us help you take the next step toward achieving your financial goals!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $22,847,159, make buying or refinancing simple. We also offer refinancing options to help you secure better terms on your existing mortgage.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $33,320,605 in loans helping members manage their finances effectively. These cards come with various benefits and features tailored to meet your spending habits.

Loan Aggregator

Accurate Loan Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This commitment ensures that users receive fair and transparent offers. By working exclusively with legitimate financial institutions, LendMesh guarantees verified data that users can trust.

Benefits of Using LendMesh

One standout feature of LendMesh is its approach to listings. No Sponsored Listings means that lenders are not prioritized based on paid promotions LendMesh's goal is to provide unbiased results. Additionally, Real-Time Rate Comparisons offer up-to-date loan rates from multiple institutions, helping users navigate their options efficiently. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Such testimonials highlight how LendMesh effectively aids borrowers in their search for favorable loan terms. Compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

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