The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

From Q2 2025 to Q2 2026, the score fell 3 points (76 → 73), mostly because the earnings component weakened by 10 points.

Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Yes. Lake Michigan Credit Union is a federally insured credit union (NCUA charter #62514). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

An estimated 18.5% of shares and deposits ($2.7B) are above the $250,000 NCUA insurance limit, above the peer median of 12%. Insured balances are protected regardless of the score.

The net worth ratio is 11.27%, above the 7% level regulators use as the "well capitalized" benchmark for this measure.

Check how much of your own balance is covered

Lake Michigan Credit Union lists 38 offices in 25 cities across 2 states. Most locations:

• Grand Rapids, MI (10)
• Kalamazoo, MI (3)
• Muskegon, MI (2)
• Wyoming, MI (2)
• Bonita Springs, FL (1)
• Brighton, MI (1)
• Caledonia, MI (1)
• Cape Coral, FL (1)
• Comstock Park, MI (1)
• Fort Myers, FL (1)
• Grand Haven, MI (1)
• Holland, MI (1)

All branch addresses and map

Over the last three years, the CFPB forwarded 156 consumer complaints about LAKE MICHIGAN CREDIT UNION to the company (70 in the last 12 months). 100.0% received a timely response. That is 10.6 complaints per $1 billion of deposits, versus a median of 8.5 among institutions with complaint data.

Complaint counts reflect volume, not validity: the CFPB does not verify complaints, and large institutions receive more because they serve more customers. Complaints are filed under the parent company name, which may cover affiliates.

Complaint breakdown by product and issue

In 2025, Lake Michigan Credit Union reported 18,113 home-loan applications under HMDA (LEI 549300YB1H2FRI6JPM51): 14,279 originated ($4,172,905,000 total), 1,154 denied, and 2,211 withdrawn or closed by the applicant. Its denial rate on decided applications was 7.3%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Legal name

Lake Michigan Credit Union

Type

Federally insured state-chartered credit union

NCUA charter #

62514

RSSD ID

651596

Primary regulator

State + NCUA

Established

1933

Headquarters

PO Box 2848, Grand Rapids, MI 49501

Employees

1,872