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LAKE MICHIGAN CREDIT UNION
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LAKE MICHIGAN CREDIT UNION
| RSSD ID 651596 | CHARTER 62514 |
| PO Box 2848 |
Quarter Ended : |
2026-06-30 |
| Grand Rapids, MI, 49501 |
Agency Update : |
2026-08-03 |
| 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 |
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| Number of Offices : |
75 |
| Current Members : |
536,976 |
Potential Members : |
33,491,579 |
| Full-time Employees : |
1,789 |
Part-time Employees : |
83 |
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| Financial Fast Facts |
| Balance Sheet |
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Income Statement (ytd) |
| Total Assets | 17,260,743,113 |
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Total Interest Income | 411,125,105 |
| Total Liabilities | 15,386,580,668 |
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Total NonInterest Income | 98,712,541 |
| Total Shares and Deposits | 14,736,458,016 |
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Total Interest Expense | 194,486,650 |
| Total Equity | 1,944,932,368 |
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Total NonInterest Expense | 192,576,904 |
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| PCA Net Worth |
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Loans & Leases |
| Total Net Worth | 1,944,932,368 |
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Total Number | 299,103 |
| Net Worth Ratio | 11.27 |
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Total Amount | 13,669,006,339 |
| Net Worth Classification | Well Capitalized |
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Total Delinquent(60+ Days) Number | 1,416 |
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Total Delinquent(60+ Days) Amount | 47,781,741 |
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