April 30, 2015
Great news! Solid growth for LMCU
Bauer Financial Group, an independent financial ratings agency, has awarded LMCU its coveted 5-Star rating for financial safety and soundness. Weiss Ratings gives LMCU an A+ for excellent financial strength.
For the past eight years, we’ve been named among West Michigan’s Best and Brightest Companies to Work For.™ We also made the cut for that designation in the Detroit metro area, and for the first time ever, at the national level!
Total credit union assets rose upward to over $3.7 billion!
Lastly, in March 2015, our Mortgage division closed over $275 million in loans, and new applications hit a new record of over 1,300. This fantastic growth has taken our total lending portfolio to over 7 billion dollars. Great news for LMCU. And great news for you!
†Source: Callahan and Associates.