Lake Michigan Credit Union Sterling Heights MI | Low Mortgage Rates & Quick Personal Loans

Introduction

Welcome to Lake Michigan, your trusted financial partner located at 35653 Dodge Park Rd, Sterling Heights, MI 48312. Established in 1933, we have proudly served our community for over 90 years, building a strong foundation of trust and reliability. With a membership base of 496,820 individuals, we are committed to providing personalized banking solutions tailored to meet the unique needs of our members. At Lake Michigan, we understand that financial decisions can be overwhelming. That's why our dedicated team is here to guide you every step of the way. Our total assets stand at an impressive $14,380,227,851, demonstrating our stability and capacity to support your financial goals. We are proud to offer a variety of services including personal banking accounts, auto loans, mortgages, and business banking options. While members can visit us at our Sterling Heights branch, official correspondence should be sent to our mailing address at PO Box 2848, Grand Rapids, MI 49501. With total deposits reaching $1,216,867,746, we ensure that your money is safe and working for you. Our net worth of $1,637,578,402 further reflects our commitment to sound financial practices. Led by our CEO Julie Leonard and Board President Gretchen Tellman, our team consists of 1,678 employees who are passionate about helping you succeed financially. We believe in giving back to the community and strive to make a positive impact through various initiatives. Whether you're looking for a new checking account or financing for your dream car, we invite you to experience the benefits of being a member at Lake Michigan. For any inquiries or assistance, feel free to reach out by calling us at 616-242-9790 or visit us online at www.lmcu.org. Come discover how we can help you thrive financially!

Branch History & Mission

Community Focus

We are proud of our partnerships within the community and continuously seek ways to give back through outreach initiatives. Our members can benefit from modern conveniences such as online banking and mobile payments, ensuring that managing finances is as simple as possible. As we look to the future, we remain committed to evolving alongside technology while keeping our core values intact honesty, integrity, and respect for each individual we serve. Join us at Lake Michigan in Sterling Heights today! Experience firsthand how we can help you achieve your financial goals while making a positive impact in your community. Feel free to reach out at 616-242-9790 or visit us online at lmcu.org. Together, let's build a brighter financial future!

Our Mission

At Lake Michigan, our mission goes beyond providing financial products. We strive to empower our members with tools and resources that promote financial literacy and stability. Our goal is to create lasting relationships based on trust and transparency, ensuring that every member feels valued and supported. We believe that when our members succeed, our community thrives. While you can visit us at 35653 Dodge Park Rd, please note that official correspondence should be sent to our mailing address: PO Box 2848, Grand Rapids, MI 49501.

Branch Location & Accessibility

Accessibility Features

We believe banking should be accessible for everyone. Our branch features ADA-compliant entrances and ramps, ensuring that all members can visit us without any hassle. Plus, ample parking is available right outside our doors, making your visit quick and convenient.

Connect with Us

Have questions? Don't hesitate to reach out! You can contact us at 616-242-9790 for any inquiries or assistance. We look forward to welcoming you into our Sterling Heights branch soon! Your journey towards better banking starts here!

Operating Hours

We're here when you need us! Our lobby hours run from Monday to Thursday from 9:00 AM to 5:30 PM, with extended hours on Friday until 6:00 PM. If you prefer the drive-thru option, we're open on Saturdays from 9:00 AM to 1:00 PM, so you can take care of your banking needs without stepping out of your vehicle.

Services Offered

At Lake Michigan Credit Union's Sterling Heights branch, we offer a variety of services tailored to meet your financial goals. Whether you're interested in personal banking options like checking and savings accounts or need assistance with auto loans and mortgages, our friendly staff is here to help. We also provide convenient ATM access for cash withdrawals and balance checks, ensuring you have what you need at your fingertips. While members can visit us at 35653 Dodge Park Rd for all their banking needs, official correspondence should be sent to our mailing address at PO Box 2848, Grand Rapids, MI 49501.

Member Eligibility

Joining the Lake Michigan community is more than just opening an account; it's about becoming part of a supportive network that prioritizes your financial well-being. To become a member, you'll find that eligibility is open to anyone who lives, works, worships, or attends school in our service areas. We strive to make membership accessible for all, welcoming individuals and families alike. With your membership at Lake Michigan, you'll enjoy personalized services tailored to meet your needs, from competitive loan rates to convenient banking solutions. Getting started is simple! You can visit us at our branch located at 35653 Dodge Park Rd Sterling Heights Mi 48312 or give us a call at (616) 242-9790 for more information. If you want to explore the specific eligibility requirements further, check out our detailed guide at . Ready to take the next step? Opening an account is easy just follow the instructions on our website at , and you'll be on your way to enjoying all the benefits of being a member of Lake Michigan!

Business Banking & Commercial Services

Merchant Services that Work for You

In addition to loans, we offer merchant services that simplify everyday transactions. Imagine processing payments quickly and securely, whether you're at a bustling farmers market or a local trade show. Our solutions are crafted to fit the needs of your business, making it easier for you to focus on what matters most serving your customers. Visit us at 35653 Dodge Park Rd Sterling Heights Mi 48312 in Sterling Heights, MI, or give us a call at (616) 242-9790 to learn more about how our business banking and commercial services can help turn your vision into reality!

Tailored Loan Solutions

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.

Comprehensive List Of Services

Auto Loans and Vehicle Financing

Thinking about purchasing a new car? Our Auto Loans & Vehicle Financing options offer competitive rates and flexible terms. We understand that buying a vehicle is a significant investment, which is why we work with you to find a plan that aligns with your budget. You can even apply for financing online from the comfort of your home!

Business Banking Solutions

Business owners will find valuable support in our Business Banking services. From merchant services that facilitate smooth transactions to business loans designed to help grow your company, we're committed to providing resources that empower entrepreneurs in our community.

Convenient Access Points

At Lake Michigan, we believe in making banking accessible. With an ATM on-site and drive-thru service available for quick transactions like deposits and withdrawals, getting the help you need is always easy. Plus, our mobile application allows for secure payments and person-to-person transfers right from your phone. In conclusion, whether you're managing personal finances or running a business in Sterling Heights, Lake Michigan offers comprehensive solutions tailored just for you. If you're interested in learning more about any of these services or need assistance with your banking needs, feel free to give us a call at (616) 242-9790 or visit us at our branch today! Your financial well-being is our priority!

Credit Cards with Rewards

For everyday purchases, consider our Credit Cards with Rewards program. Not only do these cards provide the convenience of cashless transactions, but they also reward you for spending on things you already buy. Earn points or cash back that can be used toward future purchases it's like getting paid for shopping!

Home Financing Made Easy

If you're ready to buy a home or refinance your current mortgage, our Mortgage Loans & Refinancing services are here for you. We know how important it is to have a place you can call your own, so we strive to make the mortgage process as straightforward as possible. Our team will guide you through each step, ensuring you have all the information needed to make informed decisions.

Personal Banking Solutions

For those who want to take control of their finances, our Personal Banking services include checking and savings accounts that fit various lifestyles. Imagine having easy access to your funds through online and mobile banking, allowing you to check balances or make transfers anytime, anywhere. With features like e-statements and electronic signatures, managing your accounts has never been simpler.

Personal Loans and Debt Consolidation

Sometimes life throws unexpected expenses your way. That's where our Personal Loans & Debt Consolidation come into play. Whether it's for a family emergency or consolidating existing debts into one manageable payment, we've got options that can help relieve some of that financial stress.

Digital & Online Banking

Accessibility and Real-Time Management

Managing your finances has never been easier with our digital banking options. Enjoy real-time account management that fits into your lifestyle. Whether it's day or night, our online banking services are always available for you. At Lake Michigan, we're committed to providing accessible and secure digital solutions that empower you to manage your money confidently. Explore all that we offer and enjoy the peace of mind that comes with modern banking convenience!

Key Features

We take security seriously at Lake Michigan. Our electronic signature authorization ensures that your transactions are protected while giving you the flexibility to sign documents online. You can rest easy knowing that your sensitive information is safeguarded. Need to send money to a friend or family member? Our person-to-person transfer feature allows you to send funds quickly and securely, making it easier than ever to share expenses or pay someone back. And if you're always on the go, our mobile application gives you full control right from your smartphone. With mobile payments enabled, you can make purchases directly from your phone no need for cash or cards!

Financial Strength

Committed Team for Your Needs

Our operational efficiency is reflected in our $0, 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.

Growing Membership Base

Total Share and Deposit Accounts: 1,286,000, showing 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 35653 Dodge Park Rd Sterling Heights Mi 48312 or call (616) 242-9790 to learn more about how we can help you achieve your financial goals.

Member Savings and Growth

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.

Reinvesting in 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 supports members' financial goals with $56,155 in used auto loans and a total of $11,981,389,651 in loans and leases across various sectors.

Strong 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 offer financing options for both new and used vehicles, making it easier than ever to drive away in a car you love.

Business Loans

For business owners, our outstanding commercial loans totaling $1,764,695,201 provide the capital needed to grow and expand. We understand that running a business comes with its own set of challenges, and we're here to help support your vision with tailored financing solutions.

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 process and ensure you find the right mortgage for your needs.

Refinancing Options

If you're considering refinancing any existing loans, we offer various eligibility options to ensure you get the best possible rates and terms tailored to your situation. Our team is dedicated to helping you understand your choices and make informed decisions that align with your financial goals. For more information or to speak with one of our loan specialists, feel free to contact us at (616) 242-9790 or visit us at our branch located at 35653 Dodge Park Rd Sterling Heights Mi 48312 in Sterling Heights, 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 take the next step toward achieving your financial aspirations!

Unsecured Credit Card Loans

Managing expenses can sometimes be challenging. That's where our unsecured credit card loans come in handy. We also offer flexible terms on these loans, with a total of $200,170,787 helping members manage their finances effectively. With easy access and no collateral required, this is a great option for those looking to consolidate debt or cover unexpected costs.

Loan Aggregator

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LAKE MICHIGAN CREDIT UNION - Sterling Heights, MI