Lake Michigan Credit Union Kalamazoo MI | Quick Personal Loans & Checking

Introduction

Welcome to Lake Michigan, your trusted credit union located at 435 S Westnedge Ave, Kalamazoo, MI 49007. Established in 1933, we have been serving our community for nearly a century, fostering financial well-being for our members. With a strong commitment to supporting local families and businesses, we proudly boast a membership of over 496,820 individuals who benefit from our wide array of services. At Lake Michigan, we understand that every member's financial journey is unique. That's why we offer personalized banking solutions tailored to your needs, including checking and savings accounts, auto loans, mortgage loans, and business banking services. Our total assets stand at an impressive $14,380,227,851, reflecting our stability and ability to serve you better. While members can visit us at our branch address for everyday banking needs, any official correspondence should be sent to PO Box 2848, Grand Rapids, MI 49501. Under the leadership of CEO Julie Leonard and Board President Gretchen Tellman, our dedicated team of 1,678 employees is here to guide you towards achieving your financial goals. With $1,216,867,746 in total deposits and a net worth of $1,637,578,402, we are committed to providing secure and reliable banking options. Whether you're looking for competitive loan rates or easy access to online banking services through our website www.lmcu.org, we invite you to experience the difference at Lake Michigan Credit Union. Contact us today at (616) 242-9790 or drop by during our operating hours: Monday through Friday from 9 AM to 5 PM. Join us in building a brighter financial future together!

Branch History & Mission

Community Focus

We take pride in being more than just a credit union; we are an active participant in community outreach efforts throughout Kalamazoo and beyond. Our partnerships with local organizations allow us to give back through various programs aimed at improving financial literacy and promoting economic growth. Whether it's sponsoring community events or offering workshops on budgeting and saving, Lake Michigan is committed to making a positive impact. While members can visit us at 435 S Westnedge Ave, official correspondence should be sent to PO Box 2848, Grand Rapids, MI 49501. We invite you to experience our friendly atmosphere during lobby hours: Monday through Friday from 9 AM to 5 PM; Thursday and Friday extended until 6 PM; and Saturday from 9 AM to 1 PM for drive-thru services.

Join Us Today!

As we continue this journey together with our members, we welcome you to join the Lake Michigan family. Explore all that we have to offer whether it's checking accounts with competitive rates or financing options designed for your lifestyle. Call us today at 616-242-9790 or visit us online at www.lmcu.org to discover how Lake Michigan can help you navigate your financial future!

Our Evolution

Since opening our doors over 90 years ago, Lake Michigan has seen significant milestones and achievements. We have continually adapted to meet the needs of our members and the changing financial landscape. Our total assets now stand at an impressive $14,380,227,851, reflecting our commitment to growth and stability. Over the years, we have expanded our offerings beyond basic banking to include auto loans, mortgages, personal loans, and business banking solutions. With our dedicated team of employees totaling 1,678 we work diligently every day to help you achieve your financial goals.

Our Mission

At Lake Michigan, our mission is simple yet powerful: to empower individuals and families in their financial journey while strengthening the communities we serve. We believe that everyone deserves access to affordable financial services and the support necessary to thrive. Our focus is on providing personalized service tailored to each member's unique needs. Through initiatives like online and mobile banking, we ensure that convenience is always within reach.

Branch Location & Accessibility

Welcome to Lake Michigan's Westnedge branch, conveniently located at 435 S Westnedge Ave in Kalamazoo, MI. This inviting spot is easy to reach and is surrounded by familiar landmarks, making your visit not just a trip to the bank but a part of your community routine. Whether you're stopping by after visiting nearby shops or enjoying a day out in the city, we're here for all your banking needs. At our Westnedge branch, we prioritize accessibility and convenience. You'll find ample parking available right outside, and our facility meets ADA compliance standards, ensuring everyone can easily access our services. If you need to conduct business without leaving your vehicle, our drive-thru banking service is ready to assist you. Our friendly team is eager to help you with personal banking, including checking and savings accounts, auto loans, mortgage options, and even credit cards with rewards. We also cater to businesses with merchant services and business loans. Plus, if you prefer banking on the go, we offer online and mobile banking options for your convenience. We understand that your time is valuable. Our lobby hours are designed to fit into your busy schedule: we're open Monday through Wednesday from 9 AM to 5:30 PM and extend our hours until 6 PM on Thursdays and Fridays. On Saturdays, our drive-thru is available from 9 AM to 1 PM for those who need quick access. While members can visit us at 435 S Westnedge Ave, official correspondence should be sent to PO Box 2848 in Grand Rapids for your convenience. If you have any questions or need assistance before your visit, feel free to give us a call at 616-242-9790. We look forward to welcoming you soon!

Member Eligibility

At Lake Michigan, we believe that everyone deserves a supportive financial community, and becoming a member is just the beginning of your journey with us. If you live, work, worship, or attend school in our local area, you're likely already eligible to join our family! We embrace individuals from various walks of life, making it easy for you to become part of something bigger. Plus, when you become a member at Lake Michigan, you gain access to a range of benefits including competitive loan rates, personalized service, and community-focused initiatives that truly make a difference. Joining is simple! Just head over to our website for more information on eligibility requirements: Check out the details here. If you're ready to take the next step, you can also find account opening details online. Have questions? We're here for you! Give us a call at (616) 242-9790 or visit us at our branch located at 435 S Westnedge Ave Kalamazoo Mi 49007. We can't wait to welcome you into our community!

Business Banking & Commercial Services

Merchant Services That Work for You

In today's competitive market, having efficient payment solutions is crucial. Our merchant services help you accept payments seamlessly whether online or in-person allowing you to focus more on running your business and less on managing transactions. Let us partner with you on your business journey at Lake Michigan, located at 435 S Westnedge Ave Kalamazoo Mi 49007 in Kalamazoo, MI. Together, we can build a brighter future for your enterprise!

Tailored 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.

Comprehensive List Of Services

Accessing Services at Your Convenience

At Lake Michigan, we also offer basic drive-thru banking for quick transactions like deposits and withdrawals without needing to step inside the branch. If you're on the go and need cash access or balance checks, our ATMs are available for your convenience as well. We invite you to visit us at Lake Michigan, where our dedicated staff is ready to help you navigate all of these services. Whether you're in Kalamazoo or nearby, give us a call at 616-242-9790 or stop by during lobby hours Monday through Friday from 9 AM to 5 PM (with extended hours until 6 PM on Thursdays and Fridays). Explore how we can assist you today! Your journey towards better financial health starts here.

Business Banking Support

For entrepreneurs and small business owners in our community, we offer robust business banking services. From merchant services to business loans, we're here to help you succeed in every aspect of your business. Our understanding of local markets means we can provide insights and tools that cater specifically to your operational needs.

Convenient Digital Banking

In today's fast-paced world, convenience matters. That's why we've invested in online and mobile banking platforms that allow you to manage your accounts anytime, anywhere. With features like mobile payments and person-to-person transfers, handling your finances has never been easier. You'll find that accessing cash through our ATMs is simple too; whether you're making withdrawals or checking balances, we've got you covered.

Home Financing Made Easy

Thinking about buying a home? Our team is ready to assist with mortgage loans and refinancing options that fit various budgets and lifestyles. We know that securing a home can be overwhelming, but we aim to simplify the process so you can focus on making it your own.

Personal Banking Solutions

Whether you are opening your first checking account or looking for a place to save for your future, our personal banking services have you covered. We offer checking and savings accounts that are easy to manage and come with features to help you grow your finances. For those considering a new vehicle or wanting to refinance, our auto loans and vehicle financing options provide competitive rates and flexible terms tailored just for you.

Personal Loans & Credit Cards

If you're facing unexpected expenses or planning a big purchase, our personal loans offer straightforward solutions for debt consolidation or other financial needs. Additionally, our credit cards with rewards allow you to earn while you spend, providing benefits that make everyday purchases more rewarding.

Digital & Online Banking

E-Statements and Mobile Features

Say goodbye to cluttered mailboxes with our e-statements. Enjoy the benefits of going paperless while keeping track of your account activity easily. You can view, download, and store your statements at any time all while helping the environment! For those who prefer managing their finances on their smartphones, our mobile application is available for download. With features like mobile payments, making purchases is a breeze. Need to send money to a friend? Our person-to-person transfer option allows you to do just that quickly and effortlessly.

Security and Ease-of-Use

Security is a top priority at Lake Michigan. We use advanced technology to protect your personal information and transactions. You can bank confidently knowing that your data is safe with us. Our user-friendly interface ensures that even if you're not tech-savvy, you'll find navigating through our online services straightforward and intuitive. Whether you're a long-time member or new to digital banking, we're here to support you every step of the way. With our comprehensive digital banking options, managing your finances has never been easier. Join us today at Lake Michigan and experience the future of banking!

Financial Strength

Commitment to Growth

Our $1,594,899,679 in undivided earnings allows us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With $56,155 in used auto loans and $11,981,389,651 in total loans and leases, our lending capacity supports members' financial goals across various sectors.

Growing Community

Total Share and Deposit Accounts stand at 1,286,000, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments) are currently at $119,129,434, which further highlights our dedication to supporting your financial needs. In conclusion, 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 435 S Westnedge Ave Kalamazoo Mi 49007 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.

Operational Efficiency

While our financial performance is strong, it's also efficient. Our $0 reflects this 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.

Secure Savings

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.

Solid 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.

Loan Offering

Additional Offerings

For business owners, our outstanding commercial loans totaling $1,764,695,201 provide the capital needed to grow and expand. We know how important it is for businesses to have access to funds when they need them most. If you're considering refinancing any of these loan options, or if you want to learn more about eligibility requirements, don't hesitate to reach out. Our team is here to help you navigate your financial journey seamlessly. Whether it's getting behind the wheel of your dream car or stepping into your new home, Lake Michigan is committed to supporting your aspirations with clear choices and excellent service. Reach us at (616) 242-9790 for more information or visit us at our branch located at 435 S Westnedge Ave Kalamazoo Mi 49007 in Kalamazoo, MI.

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 interested in a brand-new model or a reliable pre-owned vehicle, we have options that fit your budget and lifestyle.

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 personalized service to guide you through the mortgage process, ensuring you understand every step along the way.

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 come with competitive interest rates and rewards programs designed to fit your spending habits.

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 sourcing method ensures that all offers presented are fair and transparent. Users can trust that they are looking at accurate information when comparing loans.

Lake Michigan