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LAKE MICHIGAN CREDIT UNION
LAKE MICHIGAN CREDIT UNION
| RSSD ID 651596 | CHARTER 62514 |
| PO Box 2848 |
Quarter Ended : |
2025-12-31 |
| Grand Rapids, MI, 49501 |
Agency Update : |
2026-01-27 |
| 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 : |
73 |
| Current Members : |
523,449 |
Potential Members : |
33,491,579 |
| Full-time Employees : |
1,704 |
Part-time Employees : |
89 |
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| Financial Fast Facts |
| Balance Sheet |
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Income Statement (ytd) |
| Total Assets | 15,952,719,108 |
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Total Interest Income | 738,141,769 |
| Total Liabilities | 14,174,787,785 |
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Total NonInterest Income | 180,199,067 |
| Total Shares and Deposits | 13,562,853,868 |
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Total Interest Expense | 330,851,440 |
| Total Equity | 1,843,110,996 |
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Total NonInterest Expense | 341,915,408 |
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| PCA Net Worth |
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Loans & Leases |
| Total Net Worth | 1,843,110,996 |
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Total Number | 290,504 |
| Net Worth Ratio | 11.55 |
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Total Amount | 13,201,803,521 |
| Net Worth Classification | Well Capitalized |
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Total Delinquent(60+ Days) Number | 1,791 |
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Total Delinquent(60+ Days) Amount | 62,831,027 |
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