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LAKE MICHIGAN CREDIT UNION

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
Number of Offices : 75
Current Members : 536,976 Potential Members : 33,491,579
Full-time Employees : 1,789 Part-time Employees : 83

Financial Reports
Statement of Financial Condition Report
Statement of Income and Expense Report
:· All Financial Reports ...

Financial Fast Facts
Balance Sheet
Income Statement (ytd)
Total Assets17,260,743,113
Total Interest Income411,125,105
Total Liabilities 15,386,580,668
Total NonInterest Income98,712,541
Total Shares and Deposits14,736,458,016
Total Interest Expense194,486,650
Total Equity 1,944,932,368
Total NonInterest Expense192,576,904



PCA Net Worth
Loans & Leases
Total Net Worth1,944,932,368
Total Number299,103
Net Worth Ratio11.27
Total Amount 13,669,006,339
Net Worth ClassificationWell Capitalized
Total Delinquent(60+ Days) Number1,416


Total Delinquent(60+ Days) Amount47,781,741





 

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Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury