Charter 62514 · Grand Rapids, MI
Lake Michigan Credit Union
Lake Michigan Credit Union is a state-chartered credit union in Grand Rapids, Michigan, with $17.3 billion in assets and 536,976 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 11.27%, well above the 7% that NCUA's rules treat as well capitalized.
Also does business as LMCU.
- Total assets
- $17.3 billion
- +16.2% in a year
- Members
- 536,976
- +5.6% in a year
- Net worth ratio
- 11.27%
- Peer median 10.79%
- Loans 60+ days late
- 0.35%
- Peer median 0.67%
- Loans outstanding
- $13.7 billion
- +8.4% in a year
- Shares and deposits
- $14.7 billion
- +17.5% in a year
- Branches
- 75
- 1,872 employees
- Opened
- 1933
- Michigan charter
How Lake Michigan Credit Union compares
NCUA groups credit unions by size; Lake Michigan Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 11.27% is higher than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.35%, is lower than the group median of 0.67%. Loans grew 8.4% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 1 of 169 credit unions headquartered in Michigan. See all Michigan credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $17.3 billion | 536,976 | $13.7 billion | 11.27% | 0.35% |
| Q1 2026 | $16.9 billion | 530,662 | $13.4 billion | 11.25% | 0.43% |
| Q4 2025 | $16.0 billion | 523,449 | $13.2 billion | 11.55% | 0.48% |
| Q3 2025 | $15.2 billion | 517,086 | $13.1 billion | 11.89% | 0.34% |
| Q2 2025 | $14.9 billion | 508,470 | $12.6 billion | 11.84% | 0.36% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 33 million potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 81 sites for Lake Michigan Credit Union; the first 40 are below. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Alpine
4866 Alpine Ave Nw, Comstock Park, MI 49321 - Broadmoor
7175 Broadmoor Ave Se, Caledonia, MI 49316 - Cascade
1210 Spaulding Ave Se, Grand Rapids, MI 49546 - Lake Dr Corporate
4027 Lake Dr Se, Grand Rapids, MI 49546 - Grand Haven
951 Jackson Ave, Grand Haven, MI 49417 - Hudsonville
4100 32Nd Ave, Hudsonville, MI 49426 - Kentwood
6206 Kalamazoo Ave Se, Kentwood, MI 49508 - Lake Michigan Drive
2720 Lake Michigan Dr Nw, Grand Rapids, MI 49504 - Leonard
1820 Leonard St Ne, Grand Rapids, MI 49505 - Northland
5453 Northland Dr Ne, Grand Rapids, MI 49525 - Saint Mary's
260 Jefferson Ave. Se, Grand Rapids, MI 49503 - South Division
3870 Division Ave S, Grand Rapids, MI 49548 - Sparks Dr
3810 Sparks Dr Se, Grand Rapids, MI 49546 - Wyoming
2636 44Th St Sw, Wyoming, MI 49519 - Rockford
2335 10 Mile Rd Ne, Rockford, MI 49341 - Holland 8th
677 E 8Th St, Holland, MI 49423 - Medical Mile
342 Michigan St Ne, Grand Rapids, MI 49503 - Jenison
7409 Cottonwood Dr, Jenison, MI 49428 - Westnedge
435 S Westnedge Ave, Kalamazoo, MI 49007 - West Main
6170 W Main St, Kalamazoo, MI 49009 - Schoolcraft
106 N Grand St, Schoolcraft, MI 49087 - Gull
3326 Gull Rd, Kalamazoo, MI 49048 - Allendale
5023 Lake Michigan Dr, Allendale, MI 49401 - East Paris
4050 Lake Dr Se, Grand Rapids, MI 49546 - Portage
4084 W Centre Ave, Portage, MI 49024 - Knapp
2024 Celebration Dr Ne, Grand Rapids, MI 49525 - Corporate Glenwood
5540 Glenwood Hills Pkwy Se, Grand Rapids, MI 49512 - Glenwood Operations
5519 Glenwood Hills Pkwy Se, Grand Rapids, MI 49512 - Farmington Hills
34391 W 12 Mile Rd, Farmington Hills, MI 48331 - Holland - West Shore
3493 W Shore Dr, Holland, MI 49424 - Troy
734 W Long Lake Rd, Troy, MI 48098 - Norton Shores
1619 E Mount Garfield Rd, Muskegon, MI 49444 - Traverse City
310 W Front St, Traverse City, MI 49684 - Bonita Springs
24201 Walden Center Dr, Estero, FL 34134 - 28th St
5701 28Th St Se, Grand Rapids, MI 49546 - Livonia
19025 Newburgh Rd, Livonia, MI 48152 - Collier
8635 Collier Blvd, Naples, FL 34114 - 68th St
675 68Th St Sw, Byron Center, MI 49315 - 84th Street
904 84Th St Sw, Byron Center, MI 49315 - Immokalee
2470 Immokalee Rd, Naples, FL 34110
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology