Lake Michigan Credit Union Grand Rapids MI | Affordable Vehicle Loans & Online Banking

Introduction

Welcome to Lake Michigan at 3810 Sparks Dr SE, Grand Rapids, MI 49546, where we take pride in being more than just a financial institution. Established in 1933, our credit union has been serving our community for over 90 years with a commitment to trust and reliability. We are here to support your financial journey, whether you're looking for personal banking solutions, auto loans, or business services. With a membership base of 496,820 and total assets amounting to an impressive $14,380,227,851, we are dedicated to providing exceptional service tailored to meet the needs of our members. Our financial strength is reflected in our total deposits of $1,216,867,746 and net worth of $1,637,578,402, which ensures that your funds are safe and secure with us. While members can visit us at 3810 Sparks Dr SE, official correspondence should be sent to PO Box 2848, Grand Rapids, MI 49501. Our friendly team of 1,678 employees, led by CEO Julie Leonard and Board President Gretchen Tellman, is always ready to assist you. You can reach us at 616-242-9790 or explore our services online at www.lmcu.org. At Lake Michigan, we believe in making banking simple and accessible. Whether it's through our online banking options or personalized loan services including personal loans and vehicle financing we strive to make every member feel valued. Join us as we continue to invest in our community while helping you achieve your financial goals. Visit us today and discover the difference that comes with being part of the Lake Michigan family!

Branch History & Mission

Welcome to Lake Michigan, a trusted name in the Grand Rapids community since 1933. Our branch, located at 3810 Sparks Dr SE, Grand Rapids, MI 49546, has proudly served our members for decades. Over the years, we've grown and evolved, but our core mission remains unchanged: to empower individuals and families through accessible financial services while fostering a spirit of community support. From our humble beginnings, Lake Michigan has blossomed into a vital resource for nearly 500,000 members. With total assets reaching an impressive $14.4 billion, we are dedicated to providing personalized banking solutions that meet the unique needs of each member. Our commitment extends beyond just numbers; we focus on building lasting relationships within our community. Our mission is simple yet impactful: to provide exceptional financial services that enhance the lives of our members while supporting local initiatives and outreach programs. We understand that financial wellness is about more than just transactions; it's about helping you achieve your dreams be it buying a home, purchasing a vehicle, or planning for retirement. At Lake Michigan, we pride ourselves on being more than just a financial institution. We are here to guide you with services like checking and savings accounts, auto loans, mortgages, personal loans, and business banking options. Whether you prefer visiting us in person or accessing your account online or via mobile app, we're dedicated to making banking easy and convenient for everyone. While members can visit us at our Sparks Drive location for all their banking needs including drive-thru service and ATM access official correspondence should be sent to PO Box 2848, Grand Rapids, MI 49501. Our operating hours are designed to accommodate your schedule: 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 believe in giving back to our community. Through various partnerships and outreach efforts, we strive to uplift those around us. Together with our members and local organizations, we work towards creating a brighter future for everyone in Grand Rapids. Join us at Lake Michigan today! Experience firsthand the benefits of membership in a credit union that truly cares about your financial journey and community well-being. Let's build a better tomorrow together! For any questions or assistance, feel free to contact us at 616-242-9790.

Branch Location & Accessibility

Convenient Access

Whether you're stopping by for a quick transaction or looking to discuss your financial goals, our location makes it simple. With ample parking available, you won't have to worry about finding a spot. Plus, our branch is equipped with ADA-compliant features, ensuring everyone can enjoy a seamless experience.

Get in Touch!

Have questions or ready to get started? Don't hesitate to reach out! Give us a call at 616-242-9790 or stop by today. We look forward to welcoming you and helping you with all your banking needs at Lake Michigan Credit Union!

Operating Hours

Our friendly staff is here to assist you during the week! Visit us 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 understand that life can be busy, so we strive to offer hours that fit into your schedule.

Services and Amenities

At Lake Michigan Credit Union, we provide a range of services tailored just for you. From checking and savings accounts to auto loans and mortgage options, we've got your financial needs covered. Need cash on the go? Our ATM is conveniently located on-site for quick access. For those who prefer banking from their cars, our drive-thru service allows for easy deposits and withdrawals without leaving your vehicle. If you need to send any official correspondence, please note that while you can visit us at our branch address, mail should be directed to PO Box 2848, Grand Rapids, MI 49501.

Member Eligibility

Joining the Lake Michigan community at Lake Michigan is more than just opening an account; it's about becoming part of a family that genuinely cares for its members. To become a member, you simply need to meet a few friendly eligibility requirements, which are designed to ensure everyone feels welcome. Generally, those who live, work, worship, or attend school in the area can join us. You can find more detailed criteria and any updates on our website at . Once you're ready to take the next step, opening an account with us is easy! We offer a variety of personal banking services tailored to fit your needs, including checking and savings accounts, auto loans, and more. If you have questions or need assistance along the way, don't hesitate to reach out at (616) 242-9790. We're here to help you every step of the way as you embark on this exciting journey with us at Lake Michigan, located conveniently at 3810 Sparks Dr Se Grand Rapids Mi 49546.

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 today's fast-paced world, having reliable merchant services can set your business apart. Imagine being able to accept payments easily while keeping track of your sales effortlessly. Our merchant services offer just that, allowing you to focus on what truly matters growing your business. Located at 3810 Sparks Dr Se Grand Rapids Mi 49546 in Grand Rapids, MI, we invite you to explore how our tailored solutions can meet your unique needs. Let's work together to turn your business goals into reality!

Comprehensive List Of Services

Auto Loans & Vehicle Financing

Thinking about purchasing a new car? Our auto loans and vehicle financing options come with competitive rates that make it easier than ever to drive off in the vehicle of your dreams. We work with you to find a financing plan that fits your budget, so you can enjoy the open road without financial stress.

Business Banking

We're also committed to supporting local businesses with our comprehensive business banking services. From merchant services that streamline transactions to business loans designed for growth, we have the tools necessary for success in today's competitive market.

Convenient Access

At Lake Michigan, convenience is key. You can take advantage of our ATM services, which allow for cash withdrawals and balance checks whenever you need them. If you prefer face-to-face interaction, our drive-thru banking provides an easy way to handle deposits and withdrawals without leaving your car. Whether you're looking for basic banking needs or more specialized financial products, we strive to make banking accessible and straightforward for all our members. For any questions or assistance, feel free to reach out at (616) 242-9790 or visit us at 3810 Sparks Dr Se Grand Rapids Mi 49546. Take control of your finances today! Explore all these services and more by visiting us online at http://www.lmcu.org or stopping by our branch on Sparks Dr. We're here to help you thrive!

Mortgage Loans & Refinancing

For those ready to buy a home or refinance their existing mortgage, we offer flexible mortgage loans and refinancing solutions. Our knowledgeable staff will guide you through every step of the process, ensuring that you find the best loan option for your situation.

Personal Banking

We understand that personal finance can be overwhelming. That's why we offer checking and savings accounts designed to simplify your banking experience. With easy access to your funds through our online and mobile banking platforms, you can manage your money anytime, anywhere. Plus, our credit cards with rewards allow you to earn while you spend, making your purchases even more rewarding.

Personal Loans & Debt Consolidation

If you're facing unexpected expenses or looking to consolidate debt, our personal loans can help lighten the load. We provide quick approvals and reasonable terms to help you tackle financial challenges effectively.

Digital & Online Banking

Key Features of Our Digital Banking Services

With our robust online banking at http://www.lmcu.org, you can access your accounts 24/7. Whether you're checking your balance or making payments, everything you need is just a click away. Need to sign documents? Our electronic signature authorization feature allows you to do this quickly and securely from the comfort of your home. Prefer to go paperless? We offer e-statements so you can view your financial statements online whenever you want. This not only helps keep your information secure but also makes it easier to manage your finances without clutter.

Mobile Banking Made Easy

For those on the go, our mobile application makes banking even more accessible. You can transfer money directly between friends using our person-to-person transfer feature or make purchases with ease thanks to our mobile payments option. Imagine not having to carry cash or cards just use your phone for quick transactions! With everything at your fingertips, you'll enjoy real-time account management that keeps you in control. Our services are designed with your convenience in mind, ensuring that managing your finances is always hassle-free. In summary, whether you prefer traditional banking methods or the latest technology, Lake Michigan has the tools you need to stay organized and informed about your finances. Experience the ease of digital banking today!

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 dedicated to ensuring that your financial future is bright and secure. 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 supports members' financial goals across various sectors with $56,155 in used auto loans and $11,981,389,651 in total loans and leases. Our performance reflects our operational efficiency; our $0 allows 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 (Funds available for lending and investments): $119,129,434. Total Share and Deposit 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 3810 Sparks Dr Se Grand Rapids Mi 49546 or call (616) 242-9790 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.*

Loan Offering

Additional Information

If you're interested in refinancing any of these products or exploring eligibility options, don't hesitate to reach out. We're here to answer all your questions and help you find the best solution for your financial situation. Feel free to visit us at 3810 Sparks Dr Se Grand Rapids Mi 49546, Grand Rapids, MI, or call us at (616) 242-9790 for more information. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Explore our offerings today and take the next step toward achieving your financial goals with confidence!

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 flexible terms that make it easy for you to choose a payment plan that fits your budget.

Business Financing

For business owners, our outstanding commercial loans totaling $1,764,695,201 provide the capital needed to grow and expand. We believe in supporting local businesses and helping them thrive in their communities.

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 a first-time buyer or looking to refinance your existing mortgage, our team is here to guide you through the process.

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. These cards provide a great way to handle everyday expenses while building your credit history.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: All loan offers come from legitimate financial institutions, ensuring transparency in your decision-making process. - No Sponsored Listings: Unlike many other comparison tools, LendMesh does not prioritize lenders based on paid promotions. Our goal is to provide unbiased results that serve your needs best. - Real-Time Rate Comparisons: With up-to-date loan rates from multiple institutions, you can make informed decisions quickly and efficiently. Thousands of users trust LendMesh for their loan comparisons. One member shared, "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This reflects the effectiveness of our platform in delivering value to our users. 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.*

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 ensures that users receive fair and transparent offers. Each listing is carefully curated to reflect accurate information, enabling you to compare options confidently.

Lake Michigan

Introduction

Branch History & Mission

Branch Location & Accessibility

Convenient Access

Get in Touch!

Operating Hours

Services and Amenities

Member Eligibility

Business Banking & Commercial Services

Commercial Loan Options

Merchant Services

Comprehensive List Of Services

Auto Loans & Vehicle Financing

Business Banking

Convenient Access

Mortgage Loans & Refinancing

Personal Banking

Personal Loans & Debt Consolidation

Digital & Online Banking

Key Features of Our Digital Banking Services

Mobile Banking Made Easy

Financial Strength

Loan Offering

Additional Information

Auto Loans

Business Financing

Mortgage Loans

Unsecured Credit Card Loans

Loan Aggregator

Benefits of Using LendMesh

Ensuring Accurate Loan Comparisons

Join Our Community