Grand Rapids, Michigan · Peer group 6
Lake Michigan Credit Union
Lake Michigan Credit Union holds $16.86B in assets across 530,662 members as of Q1 2026 — about $32K of assets per member, on a charter dating to 1933. Charter number 62514, in the >$10B asset tier.
Balance sheet
Reported position at the close of the quarter.
| Total assets | $16.86B |
|---|---|
| Total loans | $13.38B |
| Total shares (deposits) | $14.40B |
| Net worth | $1.90B |
| Members | 530,662 |
| Assets per member | $32K |
Year-over-year growth
Change against the same quarter one year earlier.
| Assets | 14.3% | |
|---|---|---|
| Loans | 8.9% | around the 76th percentile of its peer group |
| Deposits | 14.9% | higher than 97% of its peer group |
| Members | 5.5% | around the 88th percentile of its peer group |
Ratios and peer position
Each ratio is shown against its percentile rank within this institution's own peer group. The absolute number is rarely the interesting part — a 96% loan-to-share is unremarkable in one peer group and an outlier in another.
| Loan-to-share | 92.9% | around the 78th percentile of its peer group |
|---|---|---|
| Net worth ratio | 11.3% | around the 61st percentile of its peer group |
| Return on assets | 1.28% | around the 85th percentile of its peer group |
| Delinquency ratio | 0.43% | around the 32nd percentile of its peer group |
| Cash / assets | 13.7% | around the 85th percentile of its peer group |
| Borrowings / assets | 2.7% | around the 61st percentile of its peer group |
What this page does not show
Everything above is Lake Michigan Credit Union’s own reported position. What a CUSignals subscription adds is the layer on top of it: a merger-susceptibility score and calibrated one-year probability, a franchise-value score, a liquidity-stress score and funding-need flag, participation buyer/seller classification, and buying-propensity scores across five software categories — each with the plain-English reason it moved, and each decomposable into the weights that produced it.
Similar credit unions
Closest in size within Michigan — the comparison set a peer ratio is measured against.
- Michigan State University Credit Union
East Lansing, MI
$8.51B · 399,480 members
- Dfcu Financial Credit Union
Dearborn, MI
$8.03B · 243,022 members
- Genisys Credit Union
AUBURN HILLS, MI
$6.44B · 293,736 members
- United Credit Union
St Joseph, MI
$4.40B · 190,895 members
- Michigan Schools and Government Credit Union
Clinton Townshi, MI
$4.37B · 162,111 members
- Advia Credit Union
Kalamazoo, MI
$3.97B · 186,725 members
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