Lake Michigan Credit Union Revenue and Competitors

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Location

N/A

Total Funding

Banking

Industry

Estimated Revenue & Valuation

  • Lake Michigan Credit Union's estimated annual revenue is currently $304.6M per year.(i)
  • Lake Michigan Credit Union's estimated revenue per employee is $294,000

Employee Data

  • Lake Michigan Credit Union has 1036 Employees.(i)
  • Lake Michigan Credit Union grew their employee count by 4% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$85.7M372-6%N/AN/A
#2
$12.7M670%N/AN/A
#3
$10.3M49N/AN/AN/A
#4
$105.3M401-5%N/AN/A
#5
$2.3M18-10%N/AN/A
#6
$304.6M10364%N/AN/A
#7
$52.4M2270%N/AN/A
#8
$6.7M40-7%N/AN/A
#9
N/A4220-30%$37.4MN/A
#10
$2040M46811%N/AN/A

When school teacher Lloyd F. Hutt opened the doors of his depression-era home and created a new business, he opened a new chapter in West Michigan banking. Pooling the money of 13 fellow visionary teachers, Hutt created Grand Rapids Teachers Credit Union, which began operations right out of Hutt’s own home. Eighty years later, Hutt would scarcely recognize the expansion of his home-grown company. Decades of steady growth, strategic mergers and the addition of several major service lines have transformed Hutt’s business in ways he could have never foreseen. Lake Michigan Credit Union is now the largest financial institution headquartered in West Michigan.

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Total Funding

1036

Number of Employees

$304.6M

Revenue (est)

4%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Lake Michigan Credit Union News

2022-04-19 - Grandville baseball hits its groove in sweep of Mona Shores at LMCU Ballpark

The Grandville baseball team poses for a photo after a doubleheader at Lake Michigan Credit Union Ballpark in Comstock Park, Michigan,...

2022-04-17 - LMCU launches 10th annual $50K Home Makeover Sweepstakes

GRAND RAPIDS, Mich. — Lake Michigan Credit Union (LMCU) has launched its 10th annual Home Makeover Sweepstakes! The sweepstakes runs through...

2022-04-17 - GRCC Baseball to face off against Calvin at LMCU Ballpark

The Grand Rapids Community College baseball team is heading to Lake Michigan Credit Union Ballpark, the home of the West Michigan Whitecaps,...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
N/A1074N/AN/A
#2
$249.4M10904%$15M
#3
N/A10933%N/A
#4
$413.9M10950%N/A
#5
$251.7M124062%N/A