Press
Lake Michigan Credit Union hires Jim Koessel as Senior Vice President
GRAND RAPIDS, MI (July 24, 2014) — Lake Michigan Credit Union (LMCU) is pleased to announce the hiring of Jim Koessel as senior vice president.
Koessel is a graduate of Western Michigan University and holds a bachelor’s degree in psychology, with a minor in business. He also performed his post-graduate work at Western Michigan University, and currently serves on the Haworth College of Business board of directors. Koessel previously served three years on the WMU Alumni Association Board.
As a 35-year finance professional, Koessel’s entire career has been focused on the lending side of the banking industry. He has extensive experience in real estate, consumer and commercial lending, having held senior management positions at Byron Bank and Chemical Bank West.
Koessel is on the board of directors of two non-profit organizations in Grand Rapids that provide financial support to WMU’s athletic department. He has been involved with the government of Cascade Township since 1983, serving as chairman of both the planning commission and zoning board of appeals. Koessel is currently serving his third 4-year term as a publically elected township trustee, chairs Cascade Township’s finance committee and serves as a member of its personnel committee.
Koessel has also been recognized three times by the Grand Rapids Association of Realtors as Affiliate of the Year, for his service to the local community.
Founded in 1933, Lake Michigan Credit Union is one of the largest financial institutions headquartered in Michigan. With a staff of over 800, LMCU’s assets exceed $3.3 billion, with a mortgage serviced portfolio of over $4.2 billion. With over 286,000 customers, LMCU has 37 convenient branch locations – including Traverse City, Fruitport Township, Farmington Hills and Troy – and nearly 100 ATMs in west Michigan, Kalamazoo and St. Joseph – plus dedicated mortgage offices in Saginaw, Livonia and Grand Blanc. LMCU provides a full-range of financial services, from high interest-bearing checking accounts to mortgages, commercial loans, insurance and investment services. To find out more, please visit www.lmcu.org.