Lake Michigan Credit Union Ada MI | Affordable Auto Loans & Online Banking

Introduction

Welcome to Lake Michigan, your trusted financial partner located at 496 Ada Dr Se Ste 103, Ada, MI 49301. Established in 1933, our credit union has been a cornerstone of the community for nearly a century, fostering financial growth and stability for our members. With a strong commitment to personalized service, we proudly serve 496,820 members and manage total assets of over $14.38 billion. At Lake Michigan, we understand that every member's journey is unique. That's why we offer a comprehensive range of services tailored to meet your needs whether you're looking for checking and savings accounts, auto loans, mortgages, or business banking solutions. Our total deposits stand at an impressive $1.22 billion, reflecting our members' trust in us as their go-to financial institution. Under the leadership of CEO Julie Leonard and Board President Gretchen Tellman, our dedicated team of 1,678 employees is here to support you every step of the way. We are proud to report a solid net worth of $1.64 billion, which ensures that we can continue providing exceptional service and competitive rates. While members can visit us at our branch location in Ada, official correspondence should be sent to PO Box 2848, Grand Rapids, MI 49501. Whether you prefer visiting us in person or accessing our online and mobile banking services, we're always here for you. We invite you to explore how Lake Michigan can help you achieve your financial goals. Give us a call at 616-242-9790 or visit our website at www.lmcu.org today! Your financial success is just around the corner.

Branch History & Mission

Lake Michigan Credit Union has a proud history that dates back to 1933, when it first opened its doors in a small community setting. Over the years, we have grown from a modest local credit union into one of the largest financial institutions in Michigan, serving over 496,000 members. Our branch located at 496 Ada Dr Se Ste 103 in Ada, MI, stands as a testament to our commitment to providing exceptional service and support to our members. As we evolved, our mission remained clear: to empower our members with affordable financial solutions while fostering a sense of community. At Lake Michigan Credit Union, we believe that everyone deserves access to quality financial services. This belief drives us to offer a wide range of products including checking and savings accounts, auto loans, mortgages, personal loans, and business banking services. Our branch is not just about banking; it's about building relationships within the community. We are dedicated to giving back through various outreach programs and partnerships that uplift those around us. Whether it's hosting financial education workshops or participating in local events, our goal is to strengthen the ties that bind us together. While you can visit us at our Ada location for all your banking needs, please note that official correspondence should be sent to our mailing address: PO Box 2848, Grand Rapids, MI 49501. We're here for you during convenient hours Monday through Thursday from 9:00 AM to 5:30 PM, Friday from 9:00 AM to 6:00 PM, and Saturday from 9:00 AM to 1:00 PM. At Lake Michigan Credit Union, we also embrace technology to enhance your banking experience. With online and mobile banking options available, accessing your accounts and managing finances has never been easier. Plus, with ATM availability at our branch and customer-friendly services like electronic statements and person-to-person payments, we make it simple for you to stay connected with your money. Join us on this journey as we continue to grow and adapt while maintaining our core mission of providing trustworthy financial services with a personal touch. Experience the difference at Lake Michigan Credit Union your community-focused partner in financial success. We invite you to become part of our family today!

Branch Location & Accessibility

Come Visit Us!

If you're looking for a friendly financial partner who truly cares about your well-being, come visit us at our Ada branch or give us a call at (616) 242-9790. We can't wait to help you achieve your financial goals!

Convenient Access and Nearby Landmarks

Our Ada branch sits right near local favorites like the Grand River and the scenic parks that make this area so special. Parking is ample and easy to navigate, ensuring you can get in and out without any hassle. Plus, we are committed to accessibility; our facilities comply with ADA standards, featuring ramps and other accommodations to serve everyone in our community.

Operating Hours That Fit Your Schedule

At Lake Michigan's Ada branch, we understand that life gets busy. That's why we're open Monday through Thursday from 9:00 AM to 5:30 PM, Fridays until 6:00 PM, and Saturdays from 9:00 AM to 1:00 PM. Whether you need help with checking accounts, loans, or personal banking services, we're here when you need us most.

Services Designed for You

We offer a variety of services tailored to meet your financial needs. From personal checking and savings accounts to auto loans and mortgages, our team is ready to assist you every step of the way. Additionally, if you're on the go, we have an ATM available for quick access to cash without needing to enter the branch. While members can visit us at 496 Ada Dr Se Ste 103 Ada Mi 49301, official correspondence should be sent to PO Box 2848 in Grand Rapids if needed.

Member Eligibility

Becoming a member of Lake Michigan is like joining a warm and welcoming family where your financial well-being is the priority. At our branch located at 496 Ada Dr Se Ste 103 Ada Mi 49301, we believe that everyone deserves access to quality financial services tailored to their needs. To join us, you simply need to meet some friendly eligibility requirements. Whether you live, work, or worship in the community we serve, you are likely eligible to become a member. We warmly welcome individuals from various backgrounds and circumstances, and our team is here to help guide you through the process. Joining Lake Michigan not only opens the door to a range of financial products but also connects you with a community committed to helping each other thrive. As a member, you'll enjoy benefits like competitive loan rates, personalized service, and convenient online banking options. Ready to get started? You can find more detailed information about eligibility by visiting . If you're eager to open an account, check out the simple steps outlined at or give us a call at (616) 242-9790 we're excited to welcome you!

Business Banking & Commercial Services

Commercial Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $1,454 in commercial loans for our members, helping businesses scale and succeed. - With an outstanding commercial loan portfolio of $1,764,695,201, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to loans, we offer merchant services that make everyday transactions smoother for business owners. Imagine having a reliable payment processing system that allows you to focus on what you do best running your business. Our tools ensure that your customers can pay easily, helping you increase sales and enhance customer satisfaction. Located at 496 Ada Dr Se Ste 103 Ada Mi 49301 in Ada, MI, we're here to help you navigate your financial options every step of the way. Reach out to us today at (616) 242-9790 to learn more about how we can support your business goals!

Comprehensive List Of Services

Business Banking Services

For our business members, we understand the importance of having reliable banking solutions. Our business banking services include merchant services and business loans designed to help your company thrive. Whether you're starting a new venture or looking to expand, we're here as your partner in success.

Credit Cards and Personal Loans

We also offer credit cards with rewards that let you earn points on everyday purchases. It's like getting paid back just for using your card! Additionally, if you're dealing with unexpected expenses or need to consolidate debt, our personal loans can provide the support you need without overwhelming interest rates.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why Lake Michigan offers robust online and mobile banking features. You can manage your accounts from anywhere whether it's paying bills or transferring money between accounts all at your fingertips. Plus, with ATM access available throughout the area, getting cash is quick and simple whenever you need it. As part of our commitment to serve you better, we invite you to reach out with any questions or visit us at 496 Ada Dr Se Ste 103 Ada Mi 49301. You can give us a call at (616) 242-9790 during our lobby hours: Monday through Thursday from 9:00 AM to 5:30 PM, Friday from 9:00 AM to 6:00 PM, and Saturday from 9:00 AM to 1:00 PM. Explore all that Lake Michigan has to offer and take control of your financial journey today! Visit us online at http://www.lmcu.org for more information on how we can assist you further.

Home Financing Made Easy

Thinking about buying a home? Our mortgage loans and refinancing options allow you to take that big step with confidence. Picture yourself settling into a cozy home with a monthly payment that fits comfortably within your budget. Our knowledgeable staff will guide you through the process, ensuring you understand every detail along the way.

Personal Banking Solutions

Our personal banking services include checking and savings accounts that cater to your lifestyle. Imagine having a checking account that makes it easy to track your spending while also helping you save for that dream vacation. With competitive interest rates and low fees, managing your finances has never been easier. If you're in the market for a vehicle, our auto loans provide flexible financing options tailored to fit your budget. Whether you're buying new or used, we can help you drive away in your next car with terms that work for you.

Digital & Online Banking

Key Features

With our online banking services available 24/7 at http://www.lmcu.org, you can check your account balances, transfer funds, and pay bills anytime you need to. Forget about waiting in lines or rushing to the bank before closing hours your banking is now as accessible as your smartphone. Our mobile application enhances this experience by allowing you to manage your accounts from wherever you are. With features like person-to-person transfers, sending money to friends or family has never been easier. Plus, if you're a fan of going paperless, you'll appreciate our electronic statements and the ability to sign documents electronically with ease.

Security and Usability

We prioritize your security while ensuring our services remain user-friendly. You can trust that your information is safe with us, thanks to robust security measures. Our mobile payments feature adds an extra layer of convenience; just tap and pay without needing cash or cards. Whether you prefer using a computer or a mobile device, Lake Michigan is committed to providing a seamless experience that puts you in control of your financial life. Take advantage of these innovative tools and enjoy real-time management of your accounts with just a few clicks or taps! Visit us today at http://www.lmcu.org to explore all the digital banking services we offer!

Financial Strength

At Lake Michigan, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. With our strong financial foundation, you can trust that your money is in good hands. With a net worth of $1,637,578,402, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,136 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $3,248,737,890 in share certificates and $4,023,291,048 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $42,879, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $1,594,899,679 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 robust as well; with $56,155 in used auto loans and $11,981,389,651 in total loans and leases, we support our members' financial goals across various sectors. 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 1,576 full-time employees and 102 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Total Share Accounts: 1,286,000, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Lake Michigan is your trusted partner. Visit us at 496 Ada Dr Se Ste 103 Ada Mi 49301 or call (616) 242-9790 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $838,829,803 in used vehicle loans and $175,403,814 in new vehicle loans already helping members get on the road. We have options for both new and used vehicles that make financing straightforward and manageable.

Business Financing

For business owners, our outstanding commercial loans totaling $1,764,695,201 provide the capital needed to grow and expand. We are committed to supporting local businesses by offering solutions that empower them to thrive. At Lake Michigan, we prioritize transparency and support throughout your borrowing journey. If you're interested in refinancing or exploring eligibility options for any of our loan products, please don't hesitate to reach out. You can contact us at 616-242-9790, or visit us at our branch located at 496 Ada Dr Se Ste 103 Ada MI 49301. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let us help you take the next step toward achieving your financial dreams!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $716,130,857, make buying or refinancing simple. We guide you through the process every step of the way so that you can focus on making your house a home.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $200,170,787 in loans helping members manage their finances effectively. This option gives you the freedom to make purchases without collateral while enjoying a budget-friendly repayment plan.

Loan Aggregator

Benefits of Using LendMesh

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Ensuring Accurate 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 to sourcing ensures fair and transparent offers for users. Each listed loan option is backed by verified financial institutions, enhancing trust and clarity in your search for the right loan.

Lake Michigan