Lake Michigan Credit Union Grand Rapids MI | Affordable Auto Loans & Quick Personal Loans

Introduction

Community Impact

As a member-focused credit union, we take pride in our impact on the local community. We believe in not just serving our members but also giving back through various initiatives that support local growth and development. Our net worth of $1,637,578,402 reflects our stability and ability to continue making a positive difference. Whether you need assistance with personal banking services like checking and savings accounts or are looking for business banking solutions including merchant services and loans, we're equipped to help. While members can visit us at our branch location for face-to-face service or use our drive-thru for quick transactions, official correspondence should be directed to our mailing address at PO Box 2848, Grand Rapids, MI 49501.

Connect With Us

We invite you to explore the range of services available at Lake Michigan by visiting our website at www.lmcu.org. For any inquiries or assistance, please don't hesitate to call us at 616-242-9790 during our operating hours Monday through Thursday from 9 AM to 5:30 PM and Friday from 9 AM to 6 PM; Saturday from 9 AM to 1 PM. Join us today in experiencing how Lake Michigan can empower your financial journey!

Our Leadership

Our leadership team is committed to guiding our credit union towards continued success. Under the direction of CEO Julie Leonard and Board President Gretchen Tellman, we focus on creating a welcoming environment where all members feel valued and supported. With a team of 1,678 dedicated employees, we're here to ensure you receive the best service possible.

Branch History & Mission

Join Us

Our team is here for you Monday through Thursday from 9 AM to 5:30 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to 1 PM. We also offer drive-thru banking for added convenience. We invite you to become part of the Lake Michigan family! Experience first-hand how we can help you achieve your financial goals while being an integral part of a supportive community. Give us a call at 616-242-9790 or visit us online at www.lmcu.org for more information on membership benefits. Join us today and let's grow together!

Our Journey

Located at 2720 Lake Michigan Dr NW, Grand Rapids, MI 49504, our branch has witnessed significant changes in both the banking industry and our local community. From humble beginnings, we have steadily expanded our services and technology. With total assets now exceeding $14.38 billion, we've built a solid foundation that allows us to provide a wide range of financial solutions from personal banking and auto loans to mortgage financing and business services. As we evolved, so did our dedication to making banking accessible for everyone. We understand that convenience matters; that's why we offer an array of modern features including online banking, mobile payments, and ATM access all designed to make your financial life easier.

Our Mission

At Lake Michigan Credit Union, our mission is simple: to empower our members by providing them with affordable financial products while fostering a spirit of community. We believe in more than just transactions; we focus on building relationships that uplift individuals and families alike. We take pride in supporting various local initiatives and organizations through partnerships that promote education, health, and economic development. Our goal is to not only enhance the lives of our members but also contribute positively to the neighborhoods we serve. While you can visit us at 2720 Lake Michigan Dr NW, if you need to send official correspondence, please use our mailing address: PO Box 2848, Grand Rapids, MI 49501.

Branch Location & Accessibility

Easy Access and Parking

At Lake Michigan, we prioritize accessibility for all our members. Our branch features ADA-compliant entrances and ramps to ensure that everyone can easily reach us. Ample parking is available right outside our doors, so you won't have to worry about finding a spot when you visit.

Friendly Banking Hours

We know that life can get busy, which is why we offer convenient banking hours. Our lobby is open from Monday through Thursday from 9 AM to 5:30 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to 1 PM. This gives you plenty of time to handle your banking needs without the rush.

Get in Touch!

Whether you're looking to open an account or simply have questions about our services, feel free to give us a call at 616-242-9790. We're excited to help you achieve your financial goals! Come visit us today and discover how Lake Michigan can serve you better.

Services Designed for You

At Lake Michigan, we offer a variety of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. Plus, with an ATM on-site and a drive-thru service available for quick transactions like deposits and withdrawals, managing your finances has never been easier.

Member Eligibility

At Lake Michigan, we believe that joining our community should be as welcoming as stepping through the door of a friend's home. Becoming a member is open to anyone who lives, works, worships, or attends school in our local area. This means that whether you're a long-time resident or just moved to the neighborhood, you're eligible to join us! Being part of Lake Michigan not only gives you access to a range of financial services tailored for your needs but also connects you with a supportive network that prioritizes your well-being and financial health. Opening an account is simple and straightforward. Just visit us at 2720 Lake Michigan Dr Nw Grand Rapids Mi 49504 or give us a call at (616) 242-9790 to learn more about how you can start your membership journey today. For detailed eligibility criteria, feel free to check out our website at . We can't wait to welcome you into our community!

Business Banking & Commercial Services

Financing Your Business Growth

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. Whether you're looking to buy equipment, expand your operations, or manage cash flow, our tailored loan solutions can help you take the next step.

Merchant Services That Make Sense

In addition to loans, we offer merchant services that simplify payment processing for your business. Imagine being able to accept payments seamlessly from your customers whether they pay by card or mobile device. Our services help you manage transactions efficiently, allowing you to focus on what you do best: running your business. Located at 2720 Lake Michigan Dr Nw Grand Rapids Mi 49504, Grand Rapids, MI, we're here to provide the personalized service and resources you need to thrive. Reach out today at (616) 242-9790 to explore how we can support your business's journey!

Comprehensive List Of Services

Accessible ATM & Cash Withdrawal Services

Need cash on the go? Our ATM services allow for quick withdrawals and balance checks whenever you need them. We also provide basic drive-thru banking for simple transactions like deposits and withdrawals, making it easier than ever to access your funds without leaving your car.

Business Banking Services

For business owners, Lake Michigan offers tailored business banking solutions. Our merchant services and business loans are designed to support your entrepreneurial journey, whether you're just starting or looking to expand your operations.

Convenient Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking features. You can manage your accounts from anywhere with our easy-to-use mobile application. Make deposits, check balances, and even transfer funds between accounts with just a few taps on your phone.

Join Us Today!

We invite you to visit us at 2720 Lake Michigan Dr Nw Grand Rapids Mi 49504 or call us at (616) 242-9790 to learn more about how Lake Michigan can serve your financial needs. Our friendly team is here to assist you every step of the way. Experience banking that puts you first because at Lake Michigan, it's all about you!

Personal Banking Solutions

Our personal banking services are designed with you in mind. Whether you're looking to open a checking or savings account, we have options that fit your lifestyle. If you're considering purchasing a new vehicle, our auto loans and vehicle financing solutions make the process easier. We also provide mortgage loans and refinancing options for those ready to invest in a home or lower their monthly payments. If you're facing unexpected expenses, our personal loans and debt consolidation services can provide the support you need without adding stress. Plus, our credit cards come with rewards that benefit you every time you use them.

Digital & Online Banking

Additional Features

Want to split a bill with a friend? Our person-to-person transfer feature makes sending money simple and instant. Additionally, our mobile payments option allows you to make purchases without needing cash or cards just use your phone! With all these tools at your disposal, Lake Michigan empowers you to manage your finances effectively while enjoying peace of mind knowing that everything is safe and sound. Whether it's day or night, our online banking services are always here for you!

Key Services

Our online banking services are available 24/7 through http://www.lmcu.org. Whether you need to check your balance, transfer funds, or pay bills, you can do it all from the comfort of your home or on the go. Plus, with our mobile application, managing your account has never been easier. You can download the app to make transactions and access essential features right from your smartphone.

Security and Convenience

Security is a top priority for us. We offer electronic signature authorization for quick and secure transactions, ensuring that your information remains protected. And if you prefer paperless statements, e-statements are available to help you stay organized while reducing clutter.

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. We understand how crucial it is for you to feel confident in your financial institution, and we're proud to share the strength of our foundation. 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; with $56,155 in used auto loans and $11,981,389,651 in total loans and leases, we support your financial goals across various sectors. Our commitment to operational efficiency is evident in our $0, allowing us to continue offering competitive loan rates and solid financial products tailored for our members. We also take pride in having 1,576 full-time employees and 102 part-time employees who ensure our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments) stand at $119,129,434, while our Total Share Accounts have reached an impressive 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 2720 Lake Michigan Dr Nw Grand Rapids Mi 49504 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 provide flexible terms that can fit your budget and lifestyle. If you need assistance with refinancing your existing auto loan, we can guide you through our eligibility options to ensure you get the best deal possible.

Business Financing

For business owners, our outstanding commercial loans totaling $1,764,695,201 provide the capital needed to grow and expand. Our team is dedicated to understanding your business needs and providing tailored solutions that can help drive your success. At Lake Michigan, we are committed to supporting our members' financial journeys. 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 refinancing options, feel free to reach out to us at (616) 242-9790 or visit us at 2720 Lake Michigan Dr Nw Grand Rapids Mi 49504 in Grand Rapids, MI. We're here to help!

Credit Card Loans

Managing day-to-day expenses? 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. These cards come with features that can make everyday purchases more manageable while offering rewards for your spending.

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 aim to provide competitive rates and personalized service to help you navigate the home buying process.

Loan Aggregator

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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 ensures that all offers presented are fair and transparent, allowing users to make informed decisions without hidden surprises.

Lake Michigan