Lake Michigan Credit Union hires Mark Peterson as vice president of commercial lending

GRAND RAPIDS, MI (December 18, 2017) — Lake Michigan Credit Union (LMCU) is pleased to announce the hiring of Mark Peterson as vice president of commercial lending.

Peterson is a 1996 graduate of Spring Arbor University near Jackson, Michigan, earning his degree in business administration. He has since accumulated over 21 years of banking experience, of which 19 years were devoted to commercial banking relationship management. Prior to LMCU, Peterson worked for Comerica Bank, National City/PNC and Huntington Bank.

LMCU’s Senior Vice President and Group Manager of Commercial Lending, Jim Maskell, is counting on Peterson to help enhance his team’s capabilities and reach. “As we continue to expand our commercial lending team, Mark is a great addition to our growing presence in the southeast Michigan market. His strong work ethic, experience and knowledge of all facets of business lending will be of great value to businesses in search of innovative lending solutions.”

Peterson is equally excited to help LMCU gain traction on the east side of the state. “I’ve spent my entire professional career working on behalf of clients in southeast Michigan with extensive expertise in commercial banking, lending and financial analysis. I’m excited to integrate my experience with LMCU’s client-first corporate philosophy.”

Mark Peterson

About Lake Michigan Credit Union

Lake Michigan Credit Union (LMCU) is the largest credit union in Michigan. Employing a staff of over 1,550 and serving over 520,000 members, LMCU's assets exceed $11.5 billion, with a mortgage servicing portfolio of over $13 billion. LMCU has 65 convenient branch locations overall, including 19 in southwest Florida. LMCU members have access to over 55,000 Allpoint ATMs worldwide. LMCU provides a full range of financial services, from high interest-bearing checking accounts to personal loans, mortgages, investments, and commercial banking. To find out more, visit


Don Bratt

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