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 LAKE MICHIGAN CREDIT UNION
LAKE MICHIGAN CREDIT UNION
| RSSD ID 651596 | CHARTER 62514 |
| PO Box 2848 |
Quarter Ended : |
2025-06-30 |
| Grand Rapids, MI, 49501 |
Agency Update : |
2025-08-14 |
| 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 : |
72 |
| Current Members : |
508,470 |
Potential Members : |
33,126,869 |
| Full-time Employees : |
1,655 |
Part-time Employees : |
97 |
|
| Financial Fast Facts |
| Balance Sheet |
|
Income Statement (ytd) |
| Total Assets | 14,860,446,166 |
|
Total Interest Income | 355,400,928 |
| Total Liabilities | 13,205,043,839 |
|
Total NonInterest Income | 87,329,901 |
| Total Shares and Deposits | 12,542,590,981 |
|
Total Interest Expense | 156,390,016 |
| Total Equity | 1,741,402,438 |
|
Total NonInterest Expense | 163,242,301 |
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| PCA Net Worth |
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Loans & Leases |
| Total Net Worth | 1,761,608,397 |
|
Total Number | 276,983 |
| Net Worth Ratio | 11.84 |
|
Total Amount | 12,615,576,275 |
| Net Worth Classification | Well Capitalized |
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Total Delinquent(60+ Days) Number | 1,496 |
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Total Delinquent(60+ Days) Amount | 44,787,707 |
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:· LAKE MICHIGAN CREDIT UNION
