LAKE MICHIGAN
State-Chartered • Grand Rapids, Michigan • Est. 1933
Quick Facts
- Charter Number
- #62514
- Type
- State-Chartered
- Established
- 1933
- Headquarters
- Grand Rapids, Michigan 49501
- Address
- PO Box 2848
- Branches
- 79
- ATMs
- 70
- Members
- 523,449
- Membership Type
- Community
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Exceptionally well-capitalized with outstanding net worth ratio, very low delinquency, and strong earnings. One of the most financially sound credit unions in the country.
Financial Overview
Total Assets
Members
523,449 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | LAKE MICHIGAN |
|---|---|
| Total Assets | $16.0B |
| Members | 523,449 |
| Loans Outstanding | $13.2B |
| Shares & Deposits | $13.6B |
| Net Worth | $1.8B |
| Net Worth Ratio | 11.55% |
| Loan-to-Share Ratio | 97.3% |
| Delinquency Rate | 0.48% |
| Net Income | +$245,573,988 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
79 locations · 70 ATMs
Alpine
4866 Alpine Ave NW
Comstock Park, MI 49321-8579
Broadmoor
7175 Broadmoor Ave SE
Caledonia, MI 49316-9510
Cascade
1210 Spaulding Ave SE
Grand Rapids, MI 49546-6336
Lake Dr Corporate
4027 Lake Dr SE
Grand Rapids, MI 49546-8812
Grand Haven
951 Jackson Ave
Grand Haven, MI 49417
Who Can Join LAKE MICHIGAN?
Membership Type: Community
Membership eligibility for LAKE MICHIGAN may vary. Contact the credit union directly to confirm qualification requirements.
Contact LAKE MICHIGAN directly or visit their website for the most accurate and up-to-date membership eligibility information.
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View Michigan RankingsFrequently Asked Questions
Yes. LAKE MICHIGAN is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, LAKE MICHIGAN has 523,449 members and a potential membership field of 33,491,579 people.
LAKE MICHIGAN's net worth ratio is 11.55% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 11.6%, LAKE MICHIGAN meets this threshold.
LAKE MICHIGAN operates 79 branch locations and has access to 70 ATMs. The main office is located at 5664 Prairie Creek Dr SE, Caledonia, MI 49316.
LAKE MICHIGAN was established in 1933. It is a state-chartered credit union chartered under charter number 62514. The institution has been serving members for 93 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or LAKE MICHIGAN. All financial data is for informational purposes only.