Lake Michigan Credit Union Muskegon MI | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Lake Michigan Credit Union, your trusted partner in financial success located at 1606 Holton Rd, Muskegon, MI 49445. Since our establishment in 1933, we've been dedicated to providing exceptional financial services tailored to meet the unique needs of our community. With over 496,820 members and total assets reaching an impressive $14,380,227,851, we pride ourselves on being a reliable resource for personal banking, auto loans, mortgages, and much more. At Lake Michigan Credit Union, we understand that every financial journey is different. That's why our team, led by CEO Julie Leonard and Board President Gretchen Tellman, is committed to helping you navigate your options with ease. We offer a wide array of services including checking and savings accounts, vehicle financing, credit cards with rewards, and business banking solutions. Our goal is to empower you to achieve your financial dreams while fostering a strong sense of community. While members can visit us at 1606 Holton Rd, official correspondence should be sent to our mailing address at PO Box 2848, Grand Rapids, MI 49501. Whether you're looking to open an account or simply have questions about our offerings, our friendly staff is here to assist you. With total deposits amounting to $1,216,867,746 and a net worth of $1,637,578,402, we are not only financially sound but also well-positioned to support your needs. Our commitment extends beyond numbers; it's about building lasting relationships with our members and contributing positively to the Muskegon community. Ready to take the next step? Feel free to reach out by calling us at 616-242-9790 or visit our website at www.lmcu.org for more information. Together, let's build a brighter financial future!

Branch History & Mission

A Legacy of Growth

Nestled at 1606 Holton Rd, near prominent landmarks that connect us to the vibrant fabric of Muskegon, our branch has witnessed significant milestones. From humble beginnings during the Great Depression to managing assets totaling over $14.38 billion, we have consistently prioritized our members' needs. As we've grown, so has our commitment to providing innovative services that simplify banking for everyone.

Community Engagement

We believe in giving back. Through partnerships with local organizations and participation in community events, Lake Michigan actively supports initiatives that uplift and strengthen Muskegon. Whether it's sponsoring local sports teams or providing educational resources about financial literacy, we are committed to being a positive force in our community.

Embracing Technology

As we move forward into a new era of banking, we embrace technology with features like online banking and mobile payments designed for your convenience. Accessibility is paramount; therefore, we ensure ADA compliance across all platforms so that every member can enjoy equal access to our services.

Join Us Today!

With operating hours tailored for your convenience Monday through Thursday from 9:00 AM to 5:30 PM, Friday until 6:00 PM, and Saturday mornings we invite you to experience everything Lake Michigan has to offer. Whether you're looking for personal banking solutions or business support, we're here for you. Call us at 616-242-9790 or visit our website at www.lmcu.org today! Become part of a thriving community where your financial goals matter. Together, let's build a brighter future!

Our Mission

At Lake Michigan, our mission is clear: to empower individuals and families through accessible financial services while fostering a supportive community environment. We offer a range of services from checking and savings accounts to auto loans, mortgages, and business banking designed to meet the diverse needs of our members. Our goal is not just to provide financial solutions but also to enhance the quality of life for those we serve. While members can visit us at 1606 Holton Rd, official correspondence should be sent to PO Box 2848, Grand Rapids, MI 49501.

Branch Location & Accessibility

Get in Touch

If you have any questions or need assistance, don't hesitate to reach out! You can contact us at 616-242-9790. We invite you to visit us at our North Muskegon branch today and experience banking that's focused on you!

Nearby Landmarks and Accessibility

Situated near prominent landmarks, including the scenic Muskegon State Park, our location is designed to be user-friendly. We offer ample parking and are equipped with ADA-compliant features, ensuring that everyone can access our services comfortably.

Operating Hours and Services

We understand that life can get busy, which is why our operating hours are tailored for your convenience. Visit us Monday through Thursday from 9:00 AM to 5:30 PM, Fridays from 9:00 AM to 6:00 PM, and Saturdays from 9:00 AM to 1:00 PM. At Lake Michigan, we take pride in providing a variety of personal banking services such as checking and savings accounts, auto loans, mortgage options, and more. Our drive-thru service allows you to conduct simple transactions without leaving your vehicle, making it even easier to manage your finances on the go. Plus, with ATM availability right on-site, accessing your cash has never been simpler.

Member Eligibility

Becoming a member of Lake Michigan is like stepping into a welcoming community where your financial needs are truly understood and prioritized. To join us, you simply need to meet some friendly eligibility criteria. If you live, work, or worship in the Muskegon area, or have family members who are already part of our credit union, you're likely eligible for membership! We believe that everyone deserves access to quality financial services, and we're here to help you make the most of your money. Opening an account is simple and straightforward. You can find all the details about eligibility and how to apply by visiting our website at . Should you have any questions or need assistance, feel free to reach out to us at (616) 242-9790. We look forward to welcoming you to Lake Michigan at 1606 Holton Rd Muskegon Mi 49445, where we're committed to providing personalized service tailored just for you!

Business Banking & Commercial Services

Commercial Loans That Make a Difference

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. Imagine having access to flexible financing solutions that can help turn your ideas into reality. Whether it's purchasing new equipment, increasing inventory, or managing cash flow, our loans are tailored to meet your specific needs.

Merchant Services That Simplify Transactions

In addition to loans, we offer merchant services that make handling payments easier for your business. Picture this: a busy Saturday afternoon with customers lining up at your store. With our merchant services, you can quickly process transactions through various payment methods, ensuring a smooth experience for both you and your customers. Located conveniently at 1606 Holton Rd Muskegon Mi 49445 in Muskegon, MI, we're here to help you thrive. Let's work together to build the future of your business! For more information, give us a call at (616) 242-9790 or visit our website at http://www.lmcu.org.

Comprehensive List Of Services

Business Banking Solutions

For our business members, we offer comprehensive banking solutions including merchant services and business loans. Imagine growing your business with the right financial support in place; that's what we're here for! We aim to help local businesses thrive in our community.

Convenient Digital Banking

In today's busy world, convenience is key. That's why we provide robust online and mobile banking options. From checking balances to transferring funds between accounts or even making person-to-person payments, managing your finances is just a few taps away. Our ATM services ensure you have access to cash when needed, along with basic drive-thru banking for quick transactions like deposits and withdrawals perfect for those on the go.

Credit Cards and Rewards

Who doesn't love rewards? Our credit cards come with exciting benefits that allow you to earn points on every purchase. Whether it's cashback on groceries or travel rewards for your next getaway, our credit cards add value to your everyday spending.

Get Started Today!

Located at 1606 Holton Rd Muskegon Mi 49445, we're ready to assist you with all your financial needs. Feel free to reach out at (616) 242-9790 during our operating hours: Monday-Thursday from 9:00 AM - 5:30 PM, Friday from 9:00 AM - 6:00 PM, and Saturday from 9:00 AM - 1:00 PM. Join us at Lake Michigan today and discover how we can help you achieve your financial goals! Visit us online at http://www.lmcu.org for more information or stop by our branch we look forward to serving you!

Personal Banking Services

Our personal banking options include checking and savings accounts tailored to fit your lifestyle. Imagine effortlessly managing your daily expenses while saving for that dream vacation. With our competitive rates and easy online access, handling your finances has never been simpler. When it comes to financing a new car or truck, our auto loans make it straightforward. Picture yourself behind the wheel of your new vehicle, knowing you secured an affordable loan with us. We also offer mortgage loans and refinancing options so you can take that big step toward homeownership or make adjustments to your current mortgage for better terms. If you're facing unexpected expenses or want to consolidate debt, our personal loans can provide the financial relief you need. With flexible repayment plans, you can feel confident about regaining control over your finances.

Digital & Online Banking

Accessibility at Your Fingertips

We believe in making banking accessible to everyone. Our user-friendly platform allows you to view real-time updates on your accounts, helping you stay on top of your finances without any hassle. Whether you're checking balances or making transactions, everything is designed to fit smoothly into your busy lifestyle. With all these features at Lake Michigan, managing your finances has never been easier or more secure! Experience the freedom of digital banking today!

Convenient Online Banking

With our 24/7 online banking services available at http://www.lmcu.org, you can check your account balance, pay bills, and transfer funds without stepping foot outside your home. Whether it's early in the morning or late at night, your banking needs are just a click away.

Enhanced Security Features

Security is a top priority for us. Our electronic signature authorization ensures that your transactions are protected, providing peace of mind while you manage your accounts. You can access e-statements too, which not only helps reduce paper waste but also keeps your financial information safe and organized.

Go Mobile with Ease

For those on the go, our mobile application makes banking even more convenient. You can make mobile payments effortlessly and send money to friends or family through person-to-person transfers. Imagine grabbing coffee and sending cash to a friend all from your smartphone!

Financial Strength

A 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.

Community Trust

Total Share Accounts: 1,286,000 showcase a strong and growing member base that trusts us with their finances. Our Net Shares (Funds available for lending and investments): $119,129,434 further highlight our robust financial position. 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 1606 Holton Rd Muskegon Mi 49445 or call (616) 242-9790 to learn more about how we can help you achieve your financial goals.

Investing 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 is strong with $56,155 in used auto loans and $11,981,389,651 in total loans and leases, supporting your financial goals across various sectors.

Member Savings Are Secure

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 commitment to operational efficiency is reflected in our $0, which 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.

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 interested in financing a brand-new vehicle or purchasing a reliable pre-owned one, our flexible terms make it easier than ever to drive away with confidence.

Business Loans

For business owners, our outstanding commercial loans totaling $1,764,695,201 provide the capital needed to grow and expand. Whether you're starting a new venture or looking to improve an existing one, our team can assist you in finding the right financing solution tailored for your business.

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 know that securing a home is a big step, and our team is here to guide you through the process and help you find the right solution for your needs.

Refinancing Options

If you're considering refinancing any existing loans, we have options available that may help lower your monthly payments or reduce interest rates. It's always worth checking if you qualify for better terms. We invite you to visit us at our branch located at 1606 Holton Rd Muskegon Mi 49445 in Muskegon, MI, or give us a call at (616) 242-9790. Our knowledgeable staff is ready to assist you with any questions about our loan products or eligibility requirements. 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 how we can help you reach your financial goals today!

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 provide valuable rewards and benefits that can enhance your purchasing power while keeping costs manageable.

Loan Aggregator

Benefits of Using LendMesh

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Lake Michigan