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

Introduction

Welcome to Lake Michigan Credit Union, your trusted financial partner located at 2024 Celebration Dr Ne, Grand Rapids, MI 49525. Established in 1933, our mission has always been to support and empower our community members through quality financial services. With a proud membership of 496,820 and total assets exceeding $14.38 billion, we are dedicated to providing you with the tools and resources needed to achieve your financial goals. At Lake Michigan Credit Union, we believe in building lasting relationships with our members. Our experienced team, led by CEO Julie Leonard and Board President Gretchen Tellman, is here to guide you every step of the way. Whether you're looking for a personal checking account, an auto loan, or business financing options, we've got you covered. Our diverse range of services includes online banking, mortgage loans, credit cards with rewards, and more. While members can visit us at our branch location, official correspondence should be sent to PO Box 2848, Grand Rapids, MI 49501. We understand that convenience is key; that's why we offer both ATM and drive-thru services for easy access to your funds. With total deposits reaching $1.22 billion and a robust net worth of $1.64 billion, you can trust that your finances are in safe hands with us. Our commitment to excellence is reflected in our substantial cash reserves of $72.5 million, ensuring that we can meet the needs of our members whenever they arise. Join us today at Lake Michigan Credit Union! Visit our website at www.lmcu.org or give us a call at 616-242-9790 to learn more about how we can help you thrive financially. Your journey toward financial success starts here!

Branch History & Mission

Welcome to Lake Michigan, a cornerstone of financial support in our community since 1933. Located at 2024 Celebration Dr Ne Grand Rapids Mi 49525, Grand Rapids, MI 49525, we have proudly served our members for decades. Over the years, we've grown from a small credit union into a trusted institution with a total membership of 496,820 and assets reaching an impressive $14,380,227,851. This journey reflects our commitment to providing reliable and accessible financial services. Our mission is simple yet profound: we strive to empower individuals and families through exceptional financial solutions while fostering a sense of community. At Lake Michigan, we believe that financial success should be within everyone's reach. We offer a range of services including checking and savings accounts, auto loans, mortgage options, personal loans, and business banking solutions. Our goal is to not only meet your banking needs but also contribute positively to the lives of our members. While members can visit us at 2024 Celebration Dr Ne Grand Rapids Mi 49525, official correspondence should be sent to our mailing address: PO Box 2848, Grand Rapids, MI 49501. Our branch is designed with you in mind. We understand the importance of convenience, which is why we provide ATM access and drive-thru banking for quick transactions. Our operating hours are Monday to 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, making it easy for you to fit banking into your busy schedule. In addition to our core services, we are dedicated to advancing technology in banking. With options like online banking and mobile payments, managing your finances has never been easier. We also prioritize accessibility by ensuring ADA compliance throughout our branch. Community outreach is at the heart of what we do. We actively participate in local events and partner with organizations that share our vision of strengthening the community. Whether it's providing financial education or supporting charitable initiatives, we are committed to making a difference. We invite you to join us at Lake Michigan and experience the benefits of being part of our family-focused credit union. Together, we can achieve your financial goals while building a stronger community for everyone in Grand Rapids. Call us today at (616) 242-9790 or visit us online at http://www.lmcu.org to learn more about how we can help you thrive!

Branch Location & Accessibility

Convenient Access

Our branch stands proudly in Kent County, making it a central hub for all your banking needs. If you need to send official correspondence, please use our mailing address: PO Box 2848, Grand Rapids, MI 49501. We want to ensure you have everything covered!

Nearby Landmarks

Located close to several local landmarks, our branch is just a short drive from popular spots like the Celebration Village and various shopping centers. This makes it easy to drop by while you're out running errands or enjoying a day out with family.

Operating Hours

We are here for you during our welcoming hours! Visit us 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. Whether you need assistance with personal banking or inquiries about auto loans or mortgage services, our friendly staff is ready to help.

Parking & Accessibility Features

We understand how important it is to have convenient parking options. Our branch offers ample parking space right outside the entrance, ensuring that your visit is as smooth as possible. Plus, we are committed to accessibility; our facility features ADA-compliant ramps and entrances so everyone can bank comfortably.

Services Offered

At Lake Michigan's Knapp branch, we offer a wide array of services tailored to meet your financial needs. From checking and savings accounts to auto loans and credit cards with rewards, we aim to provide comprehensive solutions for both individuals and businesses. And if you prefer convenience on the go, we also feature ATM access along with drive-thru banking for quick deposits and withdrawals.

Visit Us Today!

Your financial well-being is important to us! We invite you to stop by our Knapp branch at 2024 Celebration Dr NE in Grand Rapids. Have questions? Feel free to call us at 616-242-9790. Our dedicated team looks forward to serving you and helping you achieve your financial goals!

Member Eligibility

At Lake Michigan, we believe that joining our community is the first step toward achieving your financial goals. We welcome anyone who lives, works, worships, or attends school in the areas we serve. Becoming a member is simple and straightforward; it's about creating connections and offering support to one another. You can learn more about the specific eligibility criteria by visiting . Once you're ready to take the next step, opening an account with us is easy! You'll enjoy a range of benefits designed to meet your needs, from personal banking services to loans and rewards credit cards. If you have any questions or need assistance, feel free to give us a call at (616) 242-9790. Our friendly team is here to help! Join us at our branch located at 2024 Celebration Dr Ne Grand Rapids Mi 49525 and discover how being part of Lake Michigan can enhance your financial journey.

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. - 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 $1,764,695,201, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

Additionally, our merchant services simplify daily transactions so you can focus on what you do best running your business. Imagine easily accepting payments from customers, whether online or in-store, all while keeping track of your sales seamlessly. We provide tools that help you manage cash flow efficiently, ensuring that you have what you need to thrive. Discover how Lake Michigan can empower your business today! Visit us at 2024 Celebration Dr Ne Grand Rapids Mi 49525 or call us at (616) 242-9790 for more information.

Comprehensive List Of Services

Business Banking Solutions

For our business members, we provide comprehensive solutions including Merchant Services & Business Loans. We know that running a business takes effort and resources, and we're here to support you every step of the way.

Credit Cards with Rewards

Our credit cards come packed with rewards that benefit you every time you use them. Whether it's earning points for travel or cash back on everyday purchases, you'll appreciate the perks that come with being a member of Lake Michigan.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we offer robust Online & Mobile Banking services that let you manage your accounts from anywhere at any time. You can check balances, transfer funds, and even pay bills all from the comfort of your smartphone or computer. With features like ATM & Cash Withdrawal Services, accessing your money has never been easier.

Drive-Thru and ATM Access

If you're in a hurry or prefer not to enter the branch, take advantage of our Basic Drive-Thru Banking for quick deposits and withdrawals. Additionally, our ATMs provide basic access for withdrawals and balance checks whenever you need it. At Lake Michigan, we strive to be more than just a financial institution; we're a partner in your journey toward financial wellness. If you're ready to learn more about how our services can benefit you or if you have any questions, don't hesitate to give us a call at 616-242-9790 or visit us online at www.lmcu.org. We look forward to serving you!

Loans for Every Need

When it comes to financing, we understand that life can be unpredictable. That's why we offer Auto Loans & Vehicle Financing to help you get behind the wheel of your dream car without breaking the bank. Need a place to call home? Our Mortgage Loans & Refinancing options make homeownership more accessible than ever. And if you're faced with unexpected expenses, our Personal Loans & Debt Consolidation services can ease your financial burden.

Personal Banking

Whether you're looking to open a new checking or savings account, Lake Michigan has got you covered. Our personal banking options are designed to help you manage your money effectively. Imagine having an account that not only keeps your funds safe but also earns you interest. With us, you can find the right account that fits your lifestyle.

Digital & Online Banking

At Lake Michigan, we understand that managing your finances should be as convenient and secure as possible. That's why we offer a comprehensive suite of digital and online banking services designed to fit your busy lifestyle. Our online banking platform, accessible at http://www.lmcu.org, allows you to manage your accounts anytime, anywhere. You can view balances, transfer funds, and pay bills with just a few clicks. Plus, our 24/7 online banking services mean you have access to your financial information around the clock, giving you peace of mind and flexibility. For those who prefer mobile access, our mobile application is available for download, making it easy to handle transactions on the go. With features like mobile payments, you can make purchases directly from your phone, streamlining your shopping experience. You'll also find that sending money is a breeze with our person-to-person transfers, allowing you to share funds with friends and family without any hassle. Security is a top priority at Lake Michigan. Our use of electronic signature authorization ensures that your transactions are both safe and efficient. You can rest easy knowing that your sensitive information is protected while you take advantage of our many services. Additionally, we provide e-statements, which are not only environmentally friendly but also keep your account records organized and easily accessible. With all these options at your fingertips, managing your finances has never been easier. Experience the convenience of modern banking today with Lake Michigan!

Financial Strength

Growing Trust

Total Share Accounts: 1,286,000, show a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $119,129,434. 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 2024 Celebration 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.

Investment in Your Future

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 supports your financial goals with $56,155 in used auto loans and $11,981,389,651 in total loans and leases.

Member Savings Protection

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.

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 1,576 full-time employees and 102 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Solid Financial Foundation

With a net worth of $1,637,578,402, we maintain robust 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.

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 and competitive rates to make your automotive dreams achievable.

Business Financing

For business owners, our outstanding commercial loans totaling $1,764,695,201 provide the capital needed to grow and expand. We're committed to supporting local businesses by offering tailored financing solutions that help you reach your objectives. At Lake Michigan, we pride ourselves on providing personalized service and making the lending process straightforward. If you're interested in refinancing options or checking eligibility for any of our loan products, don't hesitate to reach out. You can contact us at (616) 242-9790 or visit us at 2024 Celebration 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. Let us help you navigate your financial journey today!

Credit Card Options

Managing day-to-day expenses can be easier with our unsecured credit card loans. We also offer flexible terms on these loans, with a total of $200,170,787 in loans helping members manage their finances effectively. These cards come with rewards and benefits that can suit different lifestyles and spending habits.

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. Whether you're purchasing a starter home or upgrading to accommodate your growing family, we have products tailored for various situations.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. Users can trust that they are viewing genuine offers rather than misleading advertisements. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. Each comparison reflects the true market rates available at the time of inquiry. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make informed decisions quickly. With constantly updated data, users can be sure they are seeing current offers rather than outdated information. 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 the effectiveness of this tool in helping consumers save money. 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.*

How LendMesh Ensures 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 guarantees that users receive fair and transparent offers. The platform prioritizes reliability by ensuring that all listed lenders adhere to recognized regulations, which fosters confidence in the comparison process.

Lake Michigan