Lake Huron Bay City MI Credit Union | Best Auto Loans & Business Banking

Introduction

Welcome to Lake Huron, your trusted financial partner since 1959! Located at 314 E Midland St, Bay City, MI 48706, our Bay City Branch is dedicated to serving the local community with a variety of personalized banking solutions. With a robust membership of over 6,661 individuals and total assets amounting to $80,644,974, we are proud to be a cornerstone of financial support in the Bay City area. At Lake Huron, we believe in putting our members first. Our friendly team of 27 employees, led by CEO Beverly Lee and Board President Steve Willett, works tirelessly to provide exceptional service tailored to your needs. Whether you're looking for checking and savings accounts, auto loans, or credit cards with rewards, we have you covered. With total deposits reaching $6,516,634 and cash in hand at $1,555,182, we ensure that your money is secure and accessible whenever you need it. Our commitment doesn't stop there; we're also proud to offer a range of online and mobile banking services for your convenience. While members can visit us at our branch location, official correspondence should be sent to the same address: 314 E Midland St, Bay City, MI 48706. If you have any questions or need assistance, feel free to reach out to us at (989) 752-5214. Join us at Lake Huron where we're not just about transactions; we're about building relationships. Visit our website at lhcu.org today or call us to learn more about how we can help you achieve your financial goals!

Branch History & Mission

Lake Huron Credit Union has been a cornerstone of the Bay City community since it opened its doors in 1959. With a commitment to serving our members and enhancing the financial well-being of families and businesses, we have grown from humble beginnings into a thriving institution. Today, we proudly serve over 6,600 members and manage total assets of approximately $80.6 million. Located at 314 E Midland St, Bay City, MI 48706, our branch is conveniently situated near local landmarks that reflect the vibrant spirit of our community. We aim to provide accessible banking solutions that empower individuals and promote growth within Bay City. At Lake Huron Credit Union, our mission is clear: to deliver exceptional financial services while fostering strong community connections. We believe that by supporting our members financially, we can also support the local economy and enhance the quality of life in our area. This dedication drives us to offer a range of services from personal banking options like checking and savings accounts to loans for vehicles and mortgages. Over the years, we've embraced technology to make banking easier for everyone. Our digital offerings include online banking and mobile payments, allowing members to manage their finances anytime and anywhere. While we do not have drive-thru services, we ensure ADA compliance in all our facilities so that everyone can access our services comfortably. Our commitment extends beyond banking; we are actively involved in community outreach programs that strengthen ties with local organizations. We partner with various groups to support initiatives focused on education, health, and economic development in Bay City. While members can visit us at 314 E Midland St, official correspondence should be sent to the same address as there is no separate mailing location. If you have questions or need assistance, feel free to call us at 989-752-5214 during our operating hours: Monday, Tuesday, Thursday from 9 AM to 5:30 PM; Wednesday from 10 AM to 5:30 PM; and Friday from 8 AM to 6 PM. Join us at Lake Huron Credit Union and experience firsthand how we blend personalized service with modern conveniences. Together, let's build a stronger community! Visit our website or apply for membership today!

Branch Location & Accessibility

Connect With Us

Have questions or need more information? Don't hesitate to reach out! You can give us a call at 989-752-5214. We invite you to stop by and experience the welcoming atmosphere at our Bay City Branch. Your financial well-being is our priority, and we look forward to helping you achieve your goals!

Easy Access and Parking

At Lake Huron, we understand the importance of convenience. Our branch offers ample parking for members, ensuring you can find a spot without hassle. We are also committed to accessibility; our facilities are ADA-compliant with features like ramps for easy entry.

Operating Hours Tailored for You

We know that life can be busy, which is why we offer flexible operating hours. Our lobby is open Monday through Tuesday and Thursday from 9 AM to 5:30 PM, with extended hours on Friday from 8 AM to 6 PM. On Wednesdays, we're here from 10 AM to 5:30 PM. This way, you can visit us when it suits you best!

Services That Meet Your Needs

At Lake Huron, we offer a range of services designed to help you manage your finances effectively. Whether you're looking for personal banking options like checking and savings accounts or need assistance with auto loans and mortgages, our friendly staff is ready to assist you. Plus, if you're part of a partner credit union, feel free to take advantage of shared services right at our location.

Member Eligibility

At Lake Huron, we're excited to welcome you into our community of members who enjoy personalized banking services and a strong support system. Becoming a member is easy and open to anyone who lives, works, worships, or attends school in the Bay City area, as well as their family members. This inclusive approach means that whether you're just starting out or are looking for more financial options, there's a place for you here with us. With access to great products like checking accounts, auto loans, and credit cards with rewards, you'll be part of something special. To get started on your membership journey, check out the eligibility details at https://www.lhcu.org/lhcu-membership . You can open your account online by visiting https://loans.itsme247.com/184/home/start or simply give us a call at (989) 752-5214 if you have any questions. Join us at our branch located at 314 E Midland St Bay City Mi 48706 and experience the benefits of being part of the Lake Huron family!

Business Banking & Commercial Services

Business Loans That Empower Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services for Everyday Transactions

In addition to loans, we offer merchant services that simplify everyday transactions. Imagine having a reliable partner who helps you accept payments effortlessly whether it's through credit cards, mobile payments, or online transactions. Our services allow you to focus on what matters most: growing your business without worrying about payment processing hassles. Visit us at 314 E Midland St Bay City Mi 48706 in Bay City, MI to learn more about how our business banking and commercial services can help your enterprise thrive! You can also reach us at (989) 752-5214 for any inquiries.

Comprehensive List Of Services

Business Solutions for Growth

If you're a business owner, we understand how vital it is to have reliable banking services. That's why we offer comprehensive business banking solutions, including merchant services and business loans that cater specifically to your company's needs. Our team is committed to helping you grow your business while managing your finances effectively.

Convenience at Your Fingertips

In today's fast-paced world, convenience is key. That's why Lake Huron offers robust online and mobile banking features so you can manage your accounts anytime, anywhere. From checking balances to transferring funds, everything is just a click away. Plus, our ATM services ensure that cash withdrawals are accessible whenever you need them. For members of partner credit unions, basic shared branch transactions like deposits and withdrawals are easily handled right here at our location. This means greater accessibility without compromising on service quality.

Personal Banking Made Easy

Starting with personal banking, we offer a variety of checking and savings accounts designed to help you save for those special moments or manage daily expenses effortlessly. Our friendly staff is always ready to assist you in choosing the account that best fits your needs. When it comes to larger purchases like a new car or home, our auto loans and vehicle financing options can help make those dreams a reality. With competitive rates and flexible terms, we make financing simple and straightforward. If you're considering buying a home, our mortgage loans and refinancing services are tailored to guide you through the process smoothly. For those unexpected expenses or plans that require some extra cash, our personal loans and debt consolidation options provide the support you need without the stress. And don't forget about our credit cards with rewards, which allow you to earn while you spend perfect for everyday purchases or special treats.

We're Here for You

With operating hours from 9 AM to 5:30 PM Monday, Tuesday, and Thursday; 10 AM to 5:30 PM on Wednesday; and extended hours until 6 PM on Friday, we're here when you need us most. Have questions or want more information? Don't hesitate to give us a call at 989-752-5214. At Lake Huron, we believe in empowering our members with the right tools and resources for financial success. Visit us today or explore more about what we offer by checking out our website. Let us be part of your financial journey!

Digital & Online Banking

Easy Online Access

With our 24/7 online banking services available at https://www.lhcu.org/ , you can take control of your accounts right from the comfort of your home or on the go. Whether you want to check your balance, pay bills, or transfer funds, everything is just a few clicks away.

Mobile Banking at Your Fingertips

For those who prefer managing their finances on their smartphones, our mobile application makes it easy to bank from wherever you are. You can enjoy features like mobile payments, allowing you to make quick purchases without needing your physical card. Plus, with person-to-person transfers, sending money to friends or family is as simple as a text message.

Secure and User-Friendly

We prioritize your security while providing user-friendly options. You can trust that your information is safe with us as you navigate through our services. E-statements are also available, giving you a paperless way to track your transactions and stay organized without clutter.

The Future of Banking

At Lake Huron, we're committed to enhancing your banking experience with technology that works for you. Our electronic signature authorization feature simplifies document signing processes no more printing or mailing forms! It's all about making banking easier and more efficient for our valued members. No matter where life takes you, Lake Huron has the tools you need to manage your finances effectively and securely. Join us today and explore all the digital banking options available at https://www.lhcu.org/ !

Financial Strength

Member-Centric Savings

Members' savings are secured through $18,704,026 in share certificates and $12,426,724 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $3,730,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 23 full-time employees and 4 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvestment for Growth

With $11,093,930 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 $1,035 in used auto loans and $56,948,220 in total loans and leases, supporting members' financial goals across various sectors.

Solid Financial Health

With a net worth of $11,093,930, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,376 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Strong Community Trust

Total Share Accounts stand at 16,813, showing a strong and growing member base that trusts us with their finances. Net Shares (funds available for lending and investments) total $288,724, showcasing our ability to support both individual needs and community projects effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Lake Huron is your trusted partner. Visit us at 314 E Midland St Bay City Mi 48706 or call (989) 752-5214 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $15,876,676 in used vehicle loans and $4,397,066 in new vehicle loans already helping members get on the road. We have flexible terms that make it easy for you to drive away with the vehicle you need.

Credit Lines

For those who prefer a safety net for unexpected expenses or opportunities, our credit lines totaling $10,000,000 provide just that. You can access funds whenever you need them without the hassle of applying for a separate loan each time.

Mortgage Options

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $2,009,435, make buying or refinancing simple. We provide guidance throughout the process and offer competitive rates to help you secure your future.

Refinancing Options

If you're looking to save money on your current loans or mortgage payments, we offer refinancing options that could lower your monthly costs. Our team is ready to help you explore eligibility options and find the best solution tailored for you. For more information about our loan products or to see if you're eligible for membership, feel free to contact us at 989-752-5214 or visit us at 314 E Midland St Bay City MI 48706. You can also check out our website at Lake Huron for further details. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. We're here to assist you every step of the way as you navigate your financial journey!

Unsecured Credit Card Loans

Managing day-to-day expenses can be challenging, which is why we also offer flexible terms on unsecured credit card loans. With a total of $1,817,016 in loans helping members manage their finances effectively, our credit cards come with rewards and low interest rates to ease your financial burden.

Loan Aggregator

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LAKE HURON CREDIT UNION - Bay City, MI