Lake Michigan Credit Union named the top-performing credit union in the country
GRAND RAPIDS, MI (April 15, 2020) — Lake Michigan Credit Union (LMCU)has been named the number one top-performing credit union in the United States by S&P Global Market Intelligence. Thousands of credit unions throughout the country were ranked based on five categories—including member growth, market growth, operating expense as a percentage of operating revenue, net charge-offs as a percentage of average loans, and delinquent loans as a percentage of total loans—with LMCU outperforming the industry median in all five metrics.
“This recognition is wonderful and a result of our focus, which has always been, and always will be, on doing what is right for our members…it’s the golden rule,” said Sandy Jelinski, president/CEO. “We strive to deliver the best savings rates and low loan rates to ensure our members receive exceptional value. Our staff is taught to always take care of each and every member…they are the reason why we exist,” Jelinski continued.
LMCU ranked second overall in 2018 before climbing to number one in the 2019 rankings.
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 LMCU.org.