Our Story

The LMCU Story

West Michigan’s largest financial institution established in 1933
When school teacher Lloyd F. Hutt opened the doors of his depression-era home and created a new business, he opened a new chapter in West Michigan banking. Pooling the money of 13 fellow visionary teachers, Hutt created Grand Rapids Teachers Credit Union, which began operations right out of Hutt’s own home.

Eighty years later, Hutt would scarcely recognize the expansion of his home-grown company. Decades of steady growth, strategic mergers and the addition of several major service lines have transformed Hutt’s business in ways he could have never foreseen. Lake Michigan Credit Union is now the largest financial institution headquartered in West Michigan.

Member services include savings, checking, credit cards, loans, mortgages, investments and insurance products for personal and business use - even an auto center. Members can access their funds online and by mobile app, anytime, anywhere.

National honors for LMCU!

For the past eight years running, LMCU has made this prestigious list for the west Michigan area. But in 2014, we also won at the national level! Why? This award is based on key metrics like communication, work-life balance, employee education, diversity, recognition, retention and many others. This award recognizes our efforts to build a strong, sustainable business presence without sacrificing employee benefits, growth or well being.

As an employee, you'll enjoy a stimulating, professional atmosphere, supported by the latest technology and training. You will be encouraged to refine your existing skills in an environment of empowerment, gain new experiences, and progress to the limits of your own motivation. Our comprehensive benefit package includes health, dental, vision and life insurance, with paid time off that allows you to balance work and home life.