Lake Michigan Credit Union Portage MI | Best Auto Loans & Checking

Introduction

Welcome to Lake Michigan Credit Union at our Portage branch, located at 4084 W Centre Ave, Portage, MI 49024. Since opening our doors in 1933, we have been committed to serving our community with reliable financial solutions and personalized service. With a proud membership of 496,820, we are not just a credit union; we are a trusted partner in your financial journey. At Lake Michigan Credit Union, we believe in making banking accessible and beneficial for everyone. Our total assets stand strong at $14,380,227,851, ensuring that we have the resources to support you effectively. Whether you're looking for personal banking options like checking and savings accounts or financing for your next vehicle with our auto loans, we've got you covered. Our dedicated team of 1,678 employees is here to assist you every step of the way. Led by our CEO, Julie Leonard, and Board President, Gretchen Tellman, we pride ourselves on fostering a welcoming environment where your needs come first. We offer a range of services including mortgage loans, credit cards with rewards, and business banking solutions tailored for local enterprises. While members can visit us at our Portage branch for all their banking needs, official correspondence should be directed to our mailing address: PO Box 2848, Grand Rapids, MI 49501. With total deposits reaching $1,216,867,746 and cash in hand of $72,514,751, our solid foundation allows us to provide competitive rates and help you achieve your financial goals. Whether you're looking to save or borrow our mission is to empower you through sound financial choices. We invite you to connect with us! Visit our website at lmcu.org or call us at 616-242-9790 during our operating hours: Monday - Thursday from 9 AM to 5:30 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to 1 PM. Let's embark on this journey together!

Branch History & Mission

Lake Michigan Credit Union has a rich history that dates back to 1933, when it first opened its doors in the heart of Portage, MI. Over the decades, we have proudly served our community and watched our membership grow to an impressive total of 496,820 members. Our branch, located at 4084 W Centre Ave, Portage, MI 49024, is a testament to our commitment to providing exceptional financial services while fostering strong relationships within our community. As we evolved, we embraced change and innovation without losing sight of our core mission: to empower our members through accessible and affordable financial solutions. From personal banking options like checking and savings accounts to loans for vehicles and mortgages, we strive to meet the diverse needs of our members. We understand that every financial journey is unique, which is why we also offer personalized debt consolidation and business banking services. Our mission extends beyond banking; it's about supporting the community that supports us. We actively engage in various outreach programs and partnerships designed to uplift local initiatives and organizations. We believe that by investing in our community's success, we contribute to a brighter future for everyone. In addition to traditional banking services, Lake Michigan Credit Union prioritizes digital advancements. Our members can enjoy online and mobile banking services that make managing their finances easier than ever. We are proud to offer features such as mobile payments and person-to-person transfer capabilities, ensuring convenience for all. For those who prefer face-to-face interactions, we provide drive-thru banking services along with ATM availability at our Portage branch. Our operating hours are designed with your busy schedule in mind: 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. While members can visit us at our Portage location for all their banking needs, official correspondence should be directed to PO Box 2848, Grand Rapids, MI 49501. As part of Lake Michigan Credit Union's unwavering commitment to member service and community support, we invite you to join us on this journey. Experience the benefits of being part of a credit union that truly cares about your financial well-being. Reach out today at (616) 242-9790 or visit us online at www.lmcu.org together we can achieve great things!

Branch Location & Accessibility

Accessibility and Parking

We know how important it is for our members to have an accessible banking experience. That's why our branch features ADA-compliant entrances, ensuring everyone can comfortably visit us. Plus, ample parking is available right outside, making it simple for you to drop by whenever you need assistance.

Call To Action

We invite you to stop by our Portage branch today or give us a call at 616-242-9790 if you have any questions. Our dedicated team is eager to assist you with all your banking needs!

Operating Hours

Our doors are open during convenient hours tailored to fit your busy schedule. You can visit us from Monday to Thursday between 9 AM and 5:30 PM, on Friday from 9 AM to 6 PM, and Saturday from 9 AM to 1 PM. Whether you're stopping in for a quick transaction or need help with your accounts, we're here for you.

Services Offered

At our Portage location, we provide a variety of services designed to meet all your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. If you're looking for business solutions, we offer merchant services and business loans as well. Need cash? We have an ATM available on-site and a drive-thru service for quick deposits or withdrawals. While members can visit us at the branch address mentioned above, please note that official correspondence should be sent to our mailing address: PO Box 2848, Grand Rapids, MI 49501.

Member Eligibility

Becoming a member of Lake Michigan is like joining a caring family where your financial well-being is our priority. If you're looking for a supportive community, you'll be pleased to know that eligibility is open to anyone who lives, works, worships, or attends school in the areas we serve. This means that whether you're new to the area or have been here for years, we welcome you with open arms. As a member of Lake Michigan, you'll enjoy personalized services tailored to your needs, from checking and savings accounts to loans and credit cards designed just for you. Opening an account with us is straightforward and hassle-free. Simply visit us at 4084 W Centre Ave Portage Mi 49024 or give us a call at (616) 242-9790 for more information about how to get started. We encourage you to check out the detailed eligibility criteria on our website at , where you can find all the specifics you need. Join us today and take the first step towards achieving your financial goals with a partner who truly cares!

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

But we don't stop at loans! Our merchant services make it easy for you to process payments and manage transactions seamlessly. Whether you're a small café or a growing retail store, our services are designed to keep your cash flow smooth and efficient. Discover how our business banking solutions can help you reach your goals today at 4084 W Centre Ave Portage Mi 49024, Portage, MI. Let's work together to turn your vision into reality!

Comprehensive List Of Services

ATM & Drive-Thru Services

We value your time! That's why we offer ATM services for quick cash withdrawals and balance checks without stepping inside the branch. Additionally, our basic drive-thru banking allows you to handle deposits, withdrawals, and simple transactions efficiently. At Lake Michigan, we're not just about providing services; we're about building relationships with our members. If you're ready to explore how we can assist you in reaching your financial goals or if you have any questions about our offerings, don't hesitate to call us at 616-242-9790 or visit us online at www.lmcu.org. Let us help you take the next step toward financial success!

Auto Loans & Vehicle Financing

Planning to buy a new car? Our auto loans and vehicle financing options are here to help you get behind the wheel without breaking the bank. We offer flexible terms and competitive rates that make purchasing your dream vehicle more affordable.

Business Banking Services

For entrepreneurs and business owners in Portage, Lake Michigan provides comprehensive business banking solutions including merchant services and business loans. We're committed to supporting local businesses in their growth journey.

Credit Cards with Rewards

Enjoy shopping while earning rewards with our credit cards! Choose from various options that offer cashback or points on purchases. This way, every time you spend, you're also working towards exciting rewards.

Digital Banking Convenience

In today's fast-paced world, we know that convenience is key. Our online and mobile banking services allow you to manage your accounts anytime, anywhere. You can easily check balances, transfer funds, pay bills, and even send money to friends with just a few taps on your smartphone.

Home Financing Options

For those ready to purchase a home or refinance their current mortgage, we provide tailored mortgage loans that fit various budgets and lifestyles. Our team is ready to guide you through every step of the process, ensuring you find the best option for your situation.

Personal Banking Solutions

Whether you're looking to open a checking or savings account, Lake Michigan offers personal banking solutions designed for you. Our checking accounts come with no monthly fees and easy online access, making it simple to manage your finances. For those saving for future goals or emergencies, our savings accounts provide competitive interest rates to help your money grow.

Personal Loans & Debt Consolidation

If you're facing unexpected expenses or looking to consolidate debt, our personal loans can be a great solution. With straightforward terms and low-interest rates, we aim to make borrowing easy and stress-free.

Digital & Online Banking

Key Features

One standout feature is our electronic signature authorization. This means you can sign important documents quickly and securely without needing to visit a branch in person. It's perfect for those busy days when you just can't spare the time! If you prefer going paperless, you'll be pleased to know that e-statements are available. This not only helps the environment but also makes it easy for you to keep track of your financial history right from your computer or mobile device. For those who love using their smartphones, our mobile application is a must-have. You can make mobile payments easily and enjoy quick person-to-person transfers no cash needed! Just think about how convenient it is to send money to a friend or family member instantly.

Security & Accessibility

Security is a top priority for us. Our online banking services use advanced encryption technology to keep your information safe. You can rest easy knowing that your financial data is protected while you enjoy the ease of real-time account management. At Lake Michigan, we're committed to making banking accessible for everyone. With user-friendly features and around-the-clock service, managing your finances has never been so straightforward. Join us today and experience the freedom of digital banking!

Financial Strength

A Growing Member Base

We are also thrilled to report that there are a total of 1,286,000 share accounts, showing a strong and growing member base that trusts us with their finances. Our Net Shares (funds available for lending and investments) stand at $119,129,434, which helps us meet your borrowing needs effectively. 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 4084 W Centre Ave Portage Mi 49024 or call (616) 242-9790 to learn more about how we can help you achieve your financial goals.

Committed to Operational Efficiency

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We take pride in having 1,576 full-time employees and 102 part-time employees ready to serve you with a knowledgeable and committed team.

Investing Back into Our Community

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 robust; with $56,155 in used auto loans and $11,981,389,651 in total loans and leases, we support your financial goals across various sectors.

Secure Savings for Members

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 Financial Health

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

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 to ensure that your monthly payments are manageable.

Business Loans

For business owners, our outstanding commercial loans totaling $1,764,695,201 provide the capital needed to grow and expand. We understand the unique challenges faced by businesses and are committed to supporting your success with competitive loan options. In addition to these offerings, we also provide refinancing options for many of our loan products. If you're considering refinancing an existing loan or exploring eligibility options, our team can provide guidance tailored to your situation. At Lake Michigan, we aim to empower our members with accessible financing solutions while ensuring transparency and support throughout the borrowing process. For performance insights and financial data sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results, please feel free to contact us or visit our website at http://www.lmcu.org. Let us help you take the next step towards achieving your financial dreams!

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 guide you through the process and help you find a plan that suits your budget and lifestyle.

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 that can enhance your everyday spending.

Loan Aggregator

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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 ensures that the offers presented are fair and transparent, giving users confidence in their choices.

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