Private company

Lake Michigan Credit Union

Logo: https://www.lmcu.org/, Non-free logo, via Wikipedia4

Credit union in Michigan, United States

Lake Michigan Credit Union (LMCU), founded in 1933, is a credit union based in Grand Rapids, Michigan. As of 2019, Lake Michigan Credit Union has 53 locations throughout the states of Michigan and Florida. Lake Michigan is currently the largest credit union in the state of Michigan and the largest financial institution based in Western Michigan.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1933Founded1
  • HeadquartersCaledonia1
  • Websitewww.lmcu.org
  • Legal formcredit union3
  • LEI549300YB1H2FRI6JPM513
  • StatusActive3
  • LEI statusIssued and current3
  • Registered address5664 Prairie Creek Dr SE, 49316 Caledonia, United States3
  • Registered withNational Credit Union Administration, 625143

Lake Michigan Credit Union (LMCU), founded in 1933, is a credit union based in Grand Rapids, Michigan. As of 2019, Lake Michigan Credit Union has 53 locations throughout the states of Michigan and Florida. Lake Michigan is currently the largest credit union in the state of Michigan and the largest financial institution based in Western Michigan. As the organization is a federally insured state-chartered credit union, Lake Michigan Credit Union is regulated by the National Credit Union Administration (NCUA). Lake Michigan Credit Union was officially chartered in 1933 and was assigned NCUA charter number 62514.2

How it started

History

Lake Michigan Credit Union was founded in 1933 in Grand Rapids, Michigan, by Lloyd F. Hutt as Grand Rapids Teachers Credit Union. On March 1, 2002, the institution changed its name to Lake Michigan Credit Union.

In mid-May 2010, the Kalamazoo-based Citizens Credit Union announced that it planned to merge with Lake Michigan Credit Union. This merger took place in June 2010 and resulted in the addition of Citizen Credit Union's 9,000 members and $60 million assets to Lake Michigan Credit Union's estimated 168,000 members and $1.87 billion assets.

In October 2015, Lake Michigan Credit Union and United Federal Credit Union announced their intent to merge. However in January 2016, the two institutions canceled the plan stating they could best serve their members independently.

From Wikipedia’s article on Lake Michigan Credit Union, shared under CC BY-SA 4.0.2

Timeline

  1. 1933Founded Founded1