LMCU’s financial performance continues to be outstanding. Over 50,000 new members discovered the advantages of true community banking with LMCU in the past year. Our assets grew to $2.7 billion, while experiencing a record-breaking year in net income and capital growth. We are now the largest financial institution headquartered in West Michigan. We’ve approved a record number of new mortgages, and have become the largest mortgage originator in Kent, Ottawa and Kalamazoo counties. We have helped over 36,000 members become homeowners, representing over $4.7 billion in mortgages.
This kind of financial strength allows us to give back significant value to you, our members. Our 3% Max Checking account is a prime example. So are our guaranteed low mortgage rates. Our 32 branches provide personal, face-to-face support. Our online and mobile banking capabilities mean 24/7 convenience. You’ll also see even more LMCU branches and ATMs in the coming year.
And without giving too much away, this next year will see the launch of a new, highly visible marketing campaign. Watch for more information in the February newsletter regarding its March 2013 debut.
Again, I want to personally thank all our members for a wonderful, fulfilling year. We truly love having the opportunity to serve, and to help each of you reach your financial goals.