Lake Michigan Credit Union Troy MI | Low Mortgage Rates & Rewards Cards

Introduction

Welcome to Lake Michigan Credit Union at 734 W Long Lake Rd, Troy, MI 48098! Established in 1933, we have proudly served our community for over 90 years, fostering financial growth and stability. With a robust membership of 496,820, we are dedicated to providing personalized banking solutions tailored to your needs. At our Troy branch, you will find a team led by our CEO, Julie Leonard, and Board President, Gretchen Tellman, who are committed to ensuring that every member feels valued and supported. Our branch is not just about transactions; it's about building relationships with our members and making a positive impact in the community. With total assets exceeding $14.38 billion and deposits reaching $1.22 billion, we are well-equipped to offer a variety of services including personal banking, auto loans, mortgage options, and business banking. We pride ourselves on maintaining a solid net worth of $1.64 billion and cash in hand of $72.51 million, ensuring your money is safe with us. While members can visit us at 734 W Long Lake 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 need assistance with loans our knowledgeable staff is here for you during our operating hours: 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. Feel free to reach us at 248-848-7135 or explore our services online at lmcu.org. Join us today and experience the difference of being part of a credit union that truly cares!

Branch History & Mission

A Commitment to Innovation

In today's fast-paced world, we've embraced technology while ensuring accessibility for all. Our digital advancements include online banking and mobile payments that make managing finances easier than ever. We are proud to provide ADA-compliant facilities for our community members who require additional assistance. Additionally, with features like ATM availability and drive-thru services, we aim to offer convenience without compromising personal service.

Join Us!

As we look towards the future, we invite you to become part of the Lake Michigan family. Experience firsthand the benefits of membership whether it's competitive loan rates or dedicated customer service from our team. We are here not just as your financial institution but as your partner in achieving your dreams. For more information about our services or to get started with your membership journey today, please call us at 248-848-7135 or visit our website at http://www.lmcu.org. Together, let's build a brighter financial future!

Our Mission

At Lake Michigan, our mission is simple yet powerful: to enhance the financial well-being of our members while fostering a sense of community. We believe that banking should be accessible to everyone. That's why we offer a wide range of services from checking and savings accounts to auto loans and mortgages all designed to empower our members financially. We also understand the importance of giving back. Our commitment extends beyond just banking; we actively engage in community outreach initiatives that support local organizations and causes. By partnering with schools, charities, and local businesses, we strive to make a positive impact in Troy and beyond. While members can visit us at our branch address for all their banking needs, official correspondence should be sent to PO Box 2848, Grand Rapids, MI 49501.

Branch Location & Accessibility

Convenient Access and Parking

At our Troy location, we prioritize your convenience. Ample parking is available right outside the branch, making it easy for you to stop by. We also have ADA-compliant features to ensure that everyone can access our services comfortably.

Get in Touch

If you have any questions or need assistance before your visit, feel free to give us a call at 248-848-7135. We're always happy to help! While members can visit us at our Troy branch address, official correspondence should be sent to our mailing address: PO Box 2848, Grand Rapids, MI 49501. We look forward to seeing you soon at Lake Michigan Credit Union in Troy! Your financial journey starts here.

Operating Hours Tailored to You

Our friendly staff is here to assist you during our operating hours: 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. Whether you're looking to open a new account or need assistance with existing services, we're ready to help when it's most convenient for you.

Services Offered

Lake Michigan Credit Union offers a wide range of services tailored just for you. From personal banking solutions like checking and savings accounts to auto loans and mortgages, we cover all your financial needs. Need quick cash? Our ATM service is available on-site for withdrawals and balance checks. Plus, if you're in a hurry, take advantage of our drive-thru banking for simple transactions without leaving your vehicle.

Member Eligibility

At Lake Michigan, we believe that everyone deserves the opportunity to be part of a caring financial community. If you're looking to join us, becoming a member is both simple and rewarding. Whether you live, work, or attend school in the areas we serve, you may qualify for membership. We welcome individuals from all walks of life, making it easy for you to access our range of services designed just for you. To learn more about specific eligibility criteria and how you can become part of our family, feel free to visit our website at . Once you're ready to open an account, check out the details on how to get started at . If you have any questions or need assistance, don't hesitate to reach out to us at (248) 848-7135. We're here to help!

Business Banking & Commercial Services

Business Loan Options

Imagine having the financial backing to expand your operations, invest in new equipment, or even hire additional staff. 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 marketplace, efficient payment solutions are crucial. Our merchant services simplify transactions, allowing you to focus on what matters most growing your business. From credit card processing to online payments, we provide tools that enhance customer experience while improving cash flow. Located at 734 W Long Lake Rd Troy Mi 48098, Troy, MI, we're dedicated to being your partner in success. Contact us today at (248) 848-7135 to learn more about how we can help your business thrive!

Comprehensive List Of Services

ATM & Cash Withdrawal Services

We know that sometimes cash is still king! With ATM access available at multiple locations, getting cash when you need it is hassle-free. You'll appreciate the convenience of having easy access to your funds.

Auto Loans & Vehicle Financing

Thinking about purchasing a new vehicle? Our auto loans make financing simple and straightforward. We offer competitive rates that can help you drive away in the car of your dreams without breaking the bank. Whether it's a new car or refinancing an existing loan, our team is here to guide you through every step.

Basic Drive-Thru Banking

Need quick service? Our basic drive-thru banking allows for quick deposits, withdrawals, and simple transactions without leaving your car. It's all about providing options that work for you! At Lake Michigan, we aim to make banking easy and accessible for everyone in the community. Feel free to reach out at (248) 848-7135 or visit us at 734 W Long Lake Rd Troy Mi 48098 in Troy for any questions or personalized assistance regarding our services. We're here to help you navigate your financial journey!

Business Banking

For our entrepreneurial members, we provide robust business banking services including merchant services and business loans. Your business deserves the best support possible; that's why we're here to ensure you have access to tools that foster growth and success.

Credit Cards with Rewards

Why not earn rewards while spending? With our credit cards, you can enjoy cashback offers, travel points, or other benefits that suit your lifestyle. It's like getting paid for making everyday purchases what could be better than that?

Mortgage Loans & Refinancing

Owning a home is a significant milestone, and at Lake Michigan, we strive to make this process as smooth as possible. Our mortgage loans and refinancing options allow you to find the perfect solution for your home financing needs. Picture yourself settling into your dream home while knowing you secured the best possible terms with our expert assistance.

Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why Lake Michigan offers online and mobile banking features that allow you to manage your accounts anytime, anywhere. From checking balances to transferring funds or paying bills all at your fingertips!

Personal Banking

Our personal banking services include checking and savings accounts tailored to fit various lifestyles and financial goals. Need a reliable place to park your money while earning interest? Our checking and savings accounts are easy to open and offer competitive rates. Imagine having the peace of mind knowing your funds are safe and accessible whenever you need them.

Personal Loans & Debt Consolidation

Life can throw unexpected expenses your way, but our personal loans can help cover those costs efficiently. If you're managing multiple debts, consider our debt consolidation options that can simplify payments into one manageable monthly bill. You'll feel more in control of your finances with our straightforward lending solutions.

Digital & Online Banking

Convenient Online Banking

With our 24/7 online banking services, you can easily access your accounts from the comfort of your home or on the go. Whether it's checking your balance, transferring funds, or paying bills, everything you need is just a click away. Explore these features by visiting http://www.lmcu.org.

Effortless E-Statements and Electronic Signatures

Say goodbye to paper clutter with our e-statements, which are not only environmentally friendly but also available at your convenience. Plus, we offer electronic signature authorization, making it simple to complete transactions without the hassle of printing or mailing documents.

Mobile App for On-the-Go Banking

Our mobile application puts banking right in your pocket. You can manage your accounts, make person-to-person transfers effortlessly, and even set up mobile payments to simplify your shopping experience. It's all about giving you control wherever life takes you.

Security First

We prioritize your security with robust measures in place to protect your information. You can bank with confidence knowing that your data is safe while enjoying all the benefits of modern banking. At Lake Michigan, we're committed to providing accessible and user-friendly solutions that fit into your busy lifestyle. Whether you're at home or on the move, managing your finances has never been easier!

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 understand that knowing your financial institution is strong and reliable brings peace of mind. That's why we are proud to share insights into our robust financial health, which you can trust. Sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results, our financial metrics reflect our commitment to serving you well. 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. This strength allows us to navigate market fluctuations while keeping your interests at heart. 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 is substantial; with $56,155 in used auto loans and $11,981,389,651 in total loans and leases, we support members' financial goals across various sectors. Our $0 reflects our 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. This dedicated team ensures that our branches are always ready to serve you with knowledgeable support. Net Shares (Funds available for lending and investments): $119,129,434 provide further assurance of our strong position. We have a thriving community with a total of 1,286,000 accounts, 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 734 W Long Lake Rd Troy Mi 48098 or call (248) 848-7135 to learn more about how we can help you achieve your financial goals.

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 financing options for both new and used vehicles, making it easier than ever to drive away in the car you want.

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 challenges of running a business and are here to support your financial journey. If you're considering refinancing any existing loans or want to know about eligibility options for our products, feel free to reach out. Our team is ready to assist you with personalized solutions that align with your financial goals. For more information or assistance with any of our loan products, contact us at (248) 848-7135 or visit us at 734 W Long Lake Rd Troy MI 48098. 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's work together towards achieving your financial aspirations!

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 are here to guide you through every step of the process and help you secure the best terms possible.

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 designed to enhance your spending experience while keeping you financially secure.

Loan Aggregator

Benefits of Using LendMesh

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Ensuring Accurate 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 all offers are fair and transparent. By pulling data from verified sources, LendMesh helps users avoid misleading information and hidden fees.

Lake Michigan