July 22, 2014

Summer’s here and the time is right for home improvements!

LMCU’s MaxEquity is the perfect way to affordably finance home improvements or refinance high-interest debt. Choose from two flexible loan programs – a fixed rate option for a specific project, or a variable rate line of credit to provide funds whenever you need it. Both options allow you to pay off the balance on your own terms, and interest payments are usually tax deductible.†

MaxEquity Line of Credit
  • Works like a credit card.
  • Variable rates as low as 3.75% APR*, tied to Prime.
  • No application fee.
  • No pre-payment penalty.
  • No additional underwriting or out-of-pocket costs.

MaxEquity Fixed Rate Loan
  • Consistent monthly payment.
  • Rates as low as 2.99% APR.**
  • Terms from 5 to 15 years.
  • No application fee.
  • No pre-payment penalty.

Visit any LMCU branch or call (800) 242-9790 to learn more. Annual Percentage Rate (APR) as of July 14, 2014. Rate assumes auto-pay from LMCU checking account. Your rate may vary depending on your specific credit terms. †Consult your tax advisor about the tax deductibility of interest. *Rate  based on Prime. APR will not exceed 12%. **Fixed rate loan. For example, on a $20,000 loan at 2.99%, you would make 60 payments of $359.28.

Taking care of business. Your business.

If you own a business, you probably have a sound business plan, but what about an investment plan.

An effective plan should address every stage of your business life cycle— from grand opening, to growth and success and later to an exit plan that transitions your company for when you're ready to retire. We can help you develop a plan that suits the unique needs of your business.

As your company's goals, resources and challenges evolve over time, we offer guidance and important insights for managing cash flow, designing retirement plans, reviewing employee benefits and evaluating insurance coverage.

Unbiased guidance for your personal and business needs.
Over time, your personal financial goals are also likely to change. We can help make sure your business and personal goals remain aligned, provide thoughtful and unbiased investment advice and, when the time comes, help you with business valuation and succession planning.

Let us help you with truly independent investment guidance so you can focus on managing your business in the here and now. Call (616) 234-6524 today for more information or to schedule a consultation.

One Pencil Project returns to benefit local students

Lake Michigan Credit Union is proud to again sponsor the One Pencil Project to help schools better serve our kids. Beginning August 1, drop off any new, unused school supply (visit lmcu.org/onepencil for the complete list) to any branch and we’ll deliver them to area classrooms in need. Or, let us do the shopping for you by making a cash donation!

For more information on how you can contribute, go to lmcu.org/onepencil. Together we can make a difference, one pencil at a time.