Welcome to torch-lake, a trusted financial institution proudly serving our community since 1955. Nestled in the heart of Laurium, MI, we are committed to empowering our members with exceptional financial services tailored to meet their unique needs. Under the leadership of CEO Connie Mikkola and Board President Alisha Kocjan, our mission is to foster a supportive environment where every member can thrive financially. We take pride in our dedication to service, especially for military members and local communities, ensuring that everyone has access to the resources they need.

At torch-lake, we understand that modern banking requires innovative solutions. That’s why we offer a suite of convenient digital tools designed to enhance your banking experience. From secure online banking and mobile applications to seamless person-to-person transfers, e-statements, mobile payments, and electronic signature authorization, we strive to make managing your finances as easy as possible. As an NCUA-insured institution since 5/26/1971 0:00, you can trust that your funds are safe with us. For more information about our services or to get started, visit us at https://www.torchlakefederal.com/ or reach out via fax at (906) 337-0385. Join us on this journey toward financial empowerment and discover the difference a member-first approach can make in your life.

At Torch Lake Federal Credit Union, we pride ourselves on providing a comprehensive suite of financial services designed to meet the diverse needs of our members. Whether you are looking for personal banking options like checking and savings accounts, or need assistance with auto loans and vehicle financing, we have you covered. Our commitment extends to business banking as well, offering merchant services and business loans to help local entrepreneurs thrive. With convenient access to ATM & cash withdrawal services, along with features like mortgage loans and refinancing, our members can confidently navigate their financial journeys while planning for life’s milestones.

In today’s fast-paced world, we understand the importance of having digital access to your finances. That’s why our online banking platform allows members to manage their accounts anytime, anywhere. Our mobile application enhances this experience even further, providing tools such as person-to-person transfers, mobile payments, e-statements, and e-signatures. These features simplify everyday banking and empower members to handle their finances on the go. For those interested in joining our community or learning more about eligibility requirements, please visit http://www.torchlakefederal.com/about-us/membership . Additionally, if you're considering taking out a loan or want to explore competitive rates, our loan comparison tools at https://www.lendmesh.com/loans/mortgage_loans can assist you in making informed decisions. Should you have any questions or need personalized support, feel free to reach out to us at (906) 337-0385; we’re here to help!

At torch-lake, we pride ourselves on being a trusted financial partner for our members, offering a solid foundation built on strong performance and community-focused values. With a Total Membership of 1,648, we are deeply committed to serving the unique needs of our diverse clientele. Our Total Assets stand at an impressive 11,379,551, reflecting our stability and ability to provide reliable financial services.

Our robust financial health is further demonstrated by a Net Worth of 1,154,561 and a healthy Net Worth Ratio of 1,015, ensuring that we maintain a secure environment for your deposits. Speaking of deposits, our Total Deposits amount to 776,488, which signifies the trust our members place in us. We are equally dedicated to lending solutions, with Total Loans and Leases reaching 505, helping our members achieve their personal and business goals.

Our commitment to excellence is not just reflected in numbers; it's also evident in the dedicated team that serves you. With a workforce of Total Employees numbering 7, we ensure personalized service tailored to each member’s needs. Additionally, our ability to generate a Net Income of 28,015 showcases our operational efficiency while allowing us to reinvest in community initiatives and member benefits.

For those seeking financing options, our Auto Loan Volume has reached 504, providing competitive rates for vehicle purchases, while our focus on transparency guarantees that there are no hidden fees or surprises along the way. While we do not currently offer commercial loans, our commitment remains towards enhancing personal banking experiences through various products.

At torch-lake, we believe that financial empowerment should be accessible to everyone. We are proud to support our members' journeys toward financial success with integrity and professionalism. Our performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov .

If you're ready to explore your financing options, compare real-time loan offers today at https://www.lendmesh.com/loans/mortgage_loans and find the best rates for your needs.