LAFCU Revenue and Competitors

Lansing, MI USA

Location

N/A

Total Funding

Finance

Industry

Estimated Revenue & Valuation

  • LAFCU's estimated annual revenue is currently $24.8M per year.(i)
  • LAFCU's estimated revenue per employee is $215,478

Employee Data

  • LAFCU has 115 Employees.(i)
  • LAFCU grew their employee count by 20% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$25.4M1211%N/AN/A
#2
$4.1M288%N/AN/A
#3
$0.1M620%N/AN/A
#4
$8.4M50-9%N/AN/A
#5
N/A4245%N/AN/A
#6
$0.1M1-50%N/AN/A
#7
N/A4033%N/AN/A
#8
$1.5M12N/AN/AN/A
#9
$27.3M1305%N/AN/A
#10
$120.8M46016%N/AN/A
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Chartered in 1936, LAFCU is a not-for-profit financial cooperative open for membership to anyone who lives, works, worships or attends school in Michigan and to businesses and other entities located in Michigan. The credit union serves nearly 63,000 members and holds approximately $670 million in assets. LAFCU offers a comprehensive range of financial products and services as well as an expanding complement of financial technology solutions. Members enjoy benefits such as low fees, low interest rates on loans, high yields on savings, discounts, knowledgeable employees and nationwide access to fee-free ATMs and ITMs. A recipient of the national Dora Maxwell Social Responsibility Community Service Award for credit unions, LAFCU enriches the communities it serves by supporting many organizations and causes. LAFCU is proud to not only serve the community in which they have offices, but to also play an active role in making our community a better place to live. LAFCU encourages community involvement and its employees serve many organizations and committees on a volunteer leadership basis by sitting on their boards of directors. LAFCU understands that an educated community is a strong community and proudly supports and encourages education for all ages. Whether sending a youth group to an art exhibit or training someone on identity theft, LAFCU is there to help. LAFCU has taught many individuals how to buy a home, plan for the future, pay for college, retire early and how to communicate with aging parents. LAFCU college scholarships help make dreams come true for high school students, women who are entering/reentering the workforce, first responders, and military veterans or his/her family member. LAFCU and its employees proudly donate to the community over $70,000 annually. It is simply the credit union's philosophy - People Helping People...

keywords:Banking,Finance

N/A

Total Funding

115

Number of Employees

$24.8M

Revenue (est)

20%

Employee Growth %

N/A

Valuation

N/A

Accelerator

LAFCU's People

NameTitleEmail/Phone
1
SVP-Human Resources
2
VP Facilities
3
AVP - Branch Manager
4
Director Professional Services
5
Chief Technology Officer / Chief Information Security Officer
6
AVP - Charlotte/Eaton Rapids/mason Branch Manger
7
Education Coordinator
8
System Application Administrator
9
Senior Member Service Rep/Call Center
10
v.p. adjustments

LAFCU News

2022-04-20 - 15 Professionals Advance Their Careers With 7 Credit Unions

LAFCU is one of MDT's four credit union owners. Patrick Spyke Grant Beardsley. Royal Credit Union ($4 billion, Eau Claire, Wis.) promoted...

2022-04-17 - Write on! LAFCU launches essay contest for three $2,500 debt relief grants

LAFCU is now accepting entries for an essay contest that will award up to $7,500 in grants for those working to build a better financial...

2022-04-13 - LAFCU Offers $2,500 Personal Grants To Help People Pay Down Debt

The LAFCU Pathway to Financial Transformation Essay Contest provides up to $2,500 to each of three entrants. The funds will be applied to the...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$20.9M11632%N/A
#2
$12M12014%N/A
#3
$35M125-3%N/A
#4
$30.9M127-2%N/A
#5
$28.2M1284%N/A