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 LAKE MICHIGAN CREDIT UNION
LAKE MICHIGAN CREDIT UNION
| RSSD ID 651596 | CHARTER 62514 |
| PO Box 2848 |
Quarter Ended : |
2025-03-31 |
| Grand Rapids, MI, 49501 |
Agency Update : |
2025-04-28 |
| 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 |
|
| Current Members : |
502,983 |
Potential Members : |
33,126,869 |
| Full-time Employees : |
1,633 |
Part-time Employees : |
96 |
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| Financial Fast Facts |
| Balance Sheet |
|
Income Statement (ytd) |
| Total Assets | 14,758,890,118 |
|
Total Interest Income | 175,270,754 |
| Total Liabilities | 13,161,063,864 |
|
Total NonInterest Income | 41,553,584 |
| Total Shares and Deposits | 12,535,366,021 |
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Total Interest Expense | 78,713,222 |
| Total Equity | 1,687,269,201 |
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Total NonInterest Expense | 78,907,242 |
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| PCA Net Worth |
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Loans & Leases |
| Total Net Worth | 1,707,475,160 |
|
Total Number | 271,174 |
| Net Worth Ratio | 11.55 |
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Total Amount | 12,289,087,664 |
| Net Worth Classification | Well Capitalized |
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Total Delinquent(60+ Days) Number | 1,375 |
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Total Delinquent(60+ Days) Amount | 40,792,127 |
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:· LAKE MICHIGAN CREDIT UNION
