LMCU December 2021 Newsletter

Earn more. Pay less. Let it snow.

Learn what's happening at LMCU.

ATTENTION: LMCU will be closed Friday, December 24 at 1:00pm and all day Saturday, December 25. In addition, we will be closed Friday, January 31 at 5:00pm and all day Saturday, January 1.

To Our Members

Wishing you and your family a very happy holiday season!

Warmest wishes to you and your loved ones this holiday season. The end of the year is always a special time for me…an opportunity to focus on family, reflect on where we have been, and cherish where we are now.

Here at Lake Michigan Credit Union, it always comes back to you, our members. While the past year has continued to introduce new challenges for everyone, all of us at LMCU are blessed to be able to continue to serve you and your families. You have invited us to work with you during some of the most significant moments of your life — like buying your first home, financing a vehicle, or creating a welcoming nursery for your first child. We appreciate the trust you put in us and take it to heart.

I’m happy to say that during this past year, we crossed the 500,000-member mark. This is quite the milestone, especially considering that is over twice as many members who made up the credit union just 10 years ago. I know our growth is a testament to our commitment to making a difference in our members’ lives and offering simply the best value, products, and warmest service possible.

It is members like yourself who give us purpose. On behalf of myself and everyone at LMCU, thank you for letting us be part of your lives, and for being part of ours. Have a very Merry Christmas and a Happy New Year.

Warm regards,

Sandy Jelinski

President/Chief Executive Officer

High school seniors can win a $2,000 Hutt Scholarship. 

The 2021-2022 Lloyd F. Hutt Scholarship is accepting entries now through January 31, 2022. Entrants are asked to write an essay on this year’s topic, “Tell us about the you of today, and what we can expect to see in the you of tomorrow.”

The 20 selected winners will each be awarded a $2,000 college scholarship. All applicants must be high school seniors (including home school students) and plan to enter a trade school, college, or university in the next academic year.

To enter and see the full eligibility requirements, visit LMCU.org/Hutt.

Winners will be announced in May.

It's the most wonderful time of the year to buy a house (and we don't mean the gingerbread kind).

With the holiday season in full swing, there are many items on your to-do list and it may seem like the last thing you want to do is add another big-ticket item. But if you’re thinking you may want to make a move, now could be the perfect time to add finding your dream home to your list. Check out these four reasons why December may be a great time to purchase your next home.

1. You hold the cards.

Nobody wants to think about moving during the most wonderful (and the busiest) time of the year when there are pies to eat and stockings to stuff. Anyone who’s selling during the holiday season probably wants to do it fast, and their need for speed could work to your advantage when negotiating.

2. Supply and lower demand.

Due to the holiday season festivities and colder temperatures, many would-be sellers hold off putting their homes on the market. Even though there aren’t as many homes for sale this time of year, there are also historically fewer buyers according to Realtor.com research. With fewer buyers in the market as competition, this could provide more opportunities to close on your dream home.

3. Temperatures aren't the only thing falling — rates are low.

With historic low rates and down payments as low as 3%,* you can find your dream home for less.

4. Everything else is on sale, too.

If you need a new couch, new area rug, or home décor, chances are there’s a holiday sale for that. However, bear in mind that new debt and lines of credit can affect the financing of your home. If you’re eyeing that couch and can’t pay out of pocket right now, maybe wait until after you close.

If you’re ready to make your winter move a reality, connect with one of our friendly, expert Loan Officers today at LMCU.org/Mortgage or call (844) 754-6280.

*For well-qualified borrowers.

Tell us your member story.

We know our members are exceptional. Helping you achieve your goals is the best part of what we do, and we want to hear your side of the story.

Share a time when LMCU helped you achieve something great — that moment when you knew you’d be a member for life — and you may be invited to our Grand Rapids studio for a photo and video shoot. We’ll spotlight your story and share it with the LMCU community across social media, online video, and even on billboards and mailers.

Visit go.lmcu.org/memberstories to get started. Thank you for being an LMCU member and we can’t wait to hear the story you have to share!

Join us for LMCU Night with the Griffins!

Cheer on the Grand Rapids Griffins for a night of rousing hockey action on Saturday, February 5, 2022, at Van Andel Arena. This annual event offers LMCU members discounted upper and lower bowl ticket pricing along with a free t-shirt to commemorate the occasion.

Please note, this year discounted tickets will only be available for purchase online. LMCU branches will not have any physical tickets for sale. Tickets went on sale beginning November 22 and can be purchased by visiting LMCU.org/Contests.

Our second Traverse City branch is opening soon.