Lake Michigan Credit Union Grand Rapids MI | Top Business Banking & Rewards Cards

Introduction

Welcome to Lake Michigan, your trusted partner in financial well-being! Located at 5453 Northland Dr Ne, Grand Rapids, MI 49525, our branch has been serving the community since 1933. With a commitment to fostering strong relationships and empowering our members, we are proud to have grown to 496,820 members who rely on us for their financial needs. At Lake Michigan, we understand that your financial journey is unique. That's why we offer a range of services tailored just for you from checking and savings accounts to auto loans and mortgages. Our total assets amount to an impressive $14,380,227,851, reflecting our stability and dedication to secure banking. We manage over $1,216,867,746 in deposits and have a net worth of $1,637,578,402, ensuring that your money is in safe hands. Under the leadership of our CEO, Julie Leonard, and Board President, Gretchen Tellman, we prioritize community engagement and member satisfaction. Our team of 1,678 employees is here to assist you with personalized service that makes banking easier and more accessible. While members can visit us at our Grand Rapids branch for all their banking needs including ATM access and drive-thru services official correspondence should be sent to our mailing address at PO Box 2848, Grand Rapids, MI 49501. We invite you to explore our services online at www.lmcu.org or give us a call at 616-242-9790. Let us help you achieve your financial goals today!

Branch History & Mission

Community Focus

We are proud to offer modern conveniences like ATM access and drive-thru banking services, ensuring that banking remains easy and efficient for everyone. Our dedication extends beyond transactions; we aim for an inclusive environment where everyone feels welcome. Join us at Lake Michigan today! Experience firsthand the benefits of being part of a credit union that truly cares about your financial journey and supports your community. Whether you're looking for personal banking or business solutions, we're here to help you succeed every step of the way. Visit us or call us at 616-242-9790 we can't wait to welcome you into our family!

Our Mission

Our mission at Lake Michigan is simple yet powerful: to empower individuals and businesses through accessible financial solutions while fostering a sense of community. We believe that everyone deserves a chance to achieve their financial dreams. That's why we offer a range of services including checking and savings accounts, auto loans, mortgage financing, personal loans, credit cards with rewards, and business banking options. We are committed to providing not just banking services but also support for local initiatives. Through partnerships with local organizations and outreach efforts, we strive to uplift those around us. Our goal is to create lasting relationships built on trust and mutual respect. While members can visit us at 5453 Northland Dr Ne for all their banking needs during our operating hours 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 official correspondence should be sent to PO Box 2848 in Grand Rapids.

Branch Location & Accessibility

Convenient Access and Services

At our Northland branch, we pride ourselves on accessibility. We have ample parking available, along with ADA-compliant features to ensure everyone can visit us comfortably. If you prefer banking on the go, we offer ATM services right here at the branch for quick cash withdrawals and balance checks. Our operating hours are designed to fit your busy schedule. We're open 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. Whether you need help with personal banking, auto loans, or mortgage refinancing, our knowledgeable staff is ready to serve you during these hours. For those who appreciate a drive-thru experience, we've got you covered! Our basic drive-thru banking allows for simple transactions like deposits and withdrawals without leaving your car. If you have any questions or need assistance before visiting, feel free to give us a call at 616-242-9790. While members can visit us at 5453 Northland Dr NE, official correspondence should be sent to PO Box 2848, Grand Rapids, MI 49501. We invite you to come by and see how we can help make your banking experience easy and enjoyable. Your community credit union is here for you!

Member Eligibility

At Lake Michigan, we believe that everyone deserves a chance to be part of a welcoming community that supports their financial journey. Joining us is simple and accessible! If you live, work, or worship in the areas we serve, you're likely eligible for membership. We aim to create a space where your needs come first, offering personalized services designed to help you achieve your financial goals. To learn more about the specific eligibility criteria, please visit our detailed page at . Opening an account with us is an easy process, and our friendly team is here to assist you every step of the way. If you have any questions or need assistance, don't hesitate to give us a call at (616) 242-9790. We're excited to welcome you into the Lake Michigan family, located at 5453 Northland Dr Ne Grand Rapids Mi 49525, where together we can build a brighter financial future!

Business Banking & Commercial Services

Business 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 tailored for your daily operations. Imagine the convenience of accepting payments seamlessly through various channels whether in-store, online, or via mobile devices. Our merchant solutions help streamline transactions, allowing you to focus on what you do best: running your business. Located at 5453 Northland Dr Ne Grand Rapids Mi 49525 in Grand Rapids, MI, we're dedicated to being a reliable partner in your business journey. Connect with us today at (616) 242-9790 to learn more about how we can support your financial needs!

Comprehensive List Of Services

Accessibility When You Need It

Our branch also features an ATM for quick cash withdrawals and basic drive-thru banking services for deposits and simple transactions. This means you can handle your banking needs without stepping inside if you're short on time.

Business Solutions Tailored for You

For business owners in the community, we provide comprehensive support through our business banking services, including merchant services and business loans. We know running a business comes with its challenges, and we are here to help you thrive.

Connect With Us!

Whether you're just starting out on your financial journey or looking to expand your existing portfolio, we are here for you every step of the way. Visit us at Lake Michigan in Grand Rapids or call us at 616-242-9790 to learn more about how we can assist you in achieving your financial goals. We look forward to welcoming you into our community!

Convenient Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why Lake Michigan offers robust online and mobile banking options. You can easily manage your accounts from anywhere using our secure platform. From transferring money to checking balances or making payments, everything is just a few taps away on your smartphone or computer.

Credit Cards That Reward You

Don't forget about our credit cards with rewards! They offer benefits that make every purchase count, whether you're buying groceries or planning a vacation. You can earn points for travel, merchandise, and more turning everyday spending into exciting rewards.

Personal Banking Made Simple

We understand that personal banking is more than just transactions; it's about building a relationship with our members. At Lake Michigan, we offer checking and savings accounts tailored to help you save for your future while enjoying easy access to your funds. Need extra cash for a new car? Our auto loans and vehicle financing options are designed to get you on the road without the stress of high payments. Homeownership is a significant goal for many, which is why we provide mortgage loans and refinancing solutions that fit your lifestyle and budget. If you're facing unexpected expenses or want to consolidate debt, our personal loans can help lighten your financial load.

Digital & Online Banking

Key Services

Our online banking platform, accessible at http://www.lmcu.org, allows you to check balances, transfer funds, and pay bills without stepping foot in a branch. You can also enjoy the convenience of person-to-person transfers, making it simple to send money to friends or family with just a few taps on your device. Need to sign documents? Our electronic signature authorization feature lets you complete transactions quickly and securely from anywhere. Plus, with e-statements available, you can keep track of your finances while reducing paper clutter.

Mobile Banking at Your Fingertips

Stay connected with our mobile application that provides all the functionalities of online banking right in your pocket. You can make mobile payments effortlessly and manage your accounts in real-time. Whether you're out shopping or relaxing at home, accessing your finances has never been easier. Security is our top priority, so rest assured that your information is protected with robust encryption measures. At Lake Michigan, we are committed to providing an accessible and user-friendly banking experience tailored for our members' needs. Discover how our digital and online banking services can help simplify your financial life today! Visit us at http://www.lmcu.org to learn more about everything 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. We are proud to share our financial strength, which reflects our commitment to serving you reliably. 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. Additionally, with $56,155 in used auto loans and $11,981,389,651 in total loans and leases, our lending capacity supports your financial goals across various sectors. Our operational efficiency is reflected in our $0, 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. Net Shares available for lending and investments stand at $119,129,434, further showcasing our ability to meet your needs. We are honored to serve a growing community of trust with a total of 1,286,000 accounts held by our members. 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 5453 Northland Dr Ne Grand Rapids Mi 49525 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. Whether you're looking for a new vehicle or a reliable used car, our financing options can help make it happen.

Credit Lines and More

In addition to auto and mortgage loans, we provide various credit lines totaling $3,484,836,767. These options allow you greater flexibility for unexpected expenses or planned purchases, making it easier to stay on top of your financial commitments. At Lake Michigan, our goal is to empower you with the financial resources you need. If you're considering refinancing options or want to learn more about eligibility requirements for any of our loan products, don't hesitate to reach out. You can contact us at (616) 242-9790 for personalized assistance or visit us at our branch located at 5453 Northland Dr Ne Grand Rapids Mi 49525 in Grand Rapids, MI. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Take the first step toward your financial future today!

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 provide competitive rates and flexible terms tailored to fit your unique situation.

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. Our credit cards come with rewards and benefits designed to enhance your purchasing power.

Loan Aggregator

Benefits of Using LendMesh

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Ensuring 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 to verified sourcing guarantees that users receive fair and transparent offers tailored to their needs.

Lake Michigan