Premier Banking

Catering to high income, high net worth individuals, Premier Banking clients receive enhanced product offerings and upgraded levels of assistance and service for all financial needs.


  • Individuals must have a verifiable net worth of $1,000,000 or more and an annual income of at least $200,000
  • Physicians (MD, DO and DDS) that have been in practice for less than 3 years will be allowed to have a net worth under $1,000,000 as long as annual income exceeds $200,000
  • Alternatively, members with $1,000,000 in assets under management (AUM) or on deposit with LMCU will qualify for the Premier Banking deposit products but will not be eligible for the loan products until verification of income

Product Snapshot

Products Overview: View Booklet

Premier Checking

  • 3.00% APY** on deposits up to $15,000 and .40% APY on all balances over $15,000
  • No monthly fees
  • Free ATM usage worldwide
  • No minimum balance

Premier Student Checking

  • Premier parents must be secondary owners on these accounts
  • Eligible to have an account up to the age of 25
  • Offers same rates and features as a Premier Checking Account

Premier Mortgage

  • Finance up to 100% of home value
  • Great low rates

Premier Consumer Loans

  • Special low rates
  • Low rate financing for large scale purchases

Premier Line of Credit

  • Unsecured, 10 year term
  • Features great low rates

Other products/services are available to Premier Banking members as well. Contact us to learn more.

*All Premier lending products are only available in Michigan and limited counties in Florida. Rates and fees may differ in Florida. **APY = Annual Percentage Yield. Rate as of 6/01/2021 and may change after account opening. $5.00 membership required. No minimum balance required. Interest is paid on balances over $15,000 at rate of .40%. Fees may reduce earnings. Some requirements apply.

Questions? We're here to help:

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