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 LAKE MICHIGAN CREDIT UNION
LAKE MICHIGAN CREDIT UNION
| RSSD ID 651596 | CHARTER 62514 |
| PO Box 2848 |
Quarter Ended : |
2025-09-30 |
| Grand Rapids, MI, 49501 |
Agency Update : |
2025-11-18 |
| http://www.lmcu.org |
| Institution Profile |
| Chartered : |
1933 |
Institution Type : |
Credit Union |
| Credit Union Type : |
State |
Federal Regulator : |
NCUA |
| Membership Type : |
State chartered natural person credit union |
| Statistical Area (MSA) : |
Grand Rapids-Muskegon-Holland,MI |
|
| Number of Offices : |
73 |
| Current Members : |
517,086 |
Potential Members : |
33,126,869 |
| Full-time Employees : |
1,692 |
Part-time Employees : |
97 |
|
| Financial Fast Facts |
| Balance Sheet |
|
Income Statement (ytd) |
| Total Assets | 15,210,402,425 |
|
Total Interest Income | 543,223,893 |
| Total Liabilities | 13,492,387,204 |
|
Total NonInterest Income | 129,499,661 |
| Total Shares and Deposits | 12,870,775,137 |
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Total Interest Expense | 239,847,536 |
| Total Equity | 1,791,181,883 |
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Total NonInterest Expense | 250,474,377 |
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| PCA Net Worth |
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Loans & Leases |
| Total Net Worth | 1,811,387,842 |
|
Total Number | 285,686 |
| Net Worth Ratio | 11.89 |
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Total Amount | 13,088,169,540 |
| Net Worth Classification | Well Capitalized |
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Total Delinquent(60+ Days) Number | 1,505 |
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Total Delinquent(60+ Days) Amount | 44,750,886 |
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:· LAKE MICHIGAN CREDIT UNION
