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LMCU Fall 2023 Newsletter

Posted October 3, 2023  |   Topics: Newsletters

Earn more. Pay less. Celebrate together.

Learn what's happening at LMCU.

20231001 Fall Newsletter 02 Hutt


Join us in celebrating 90 years of LMCU!

Ninety years ago, LMCU founder, Lloyd F. Hutt, started a humble credit union out of his own home to help teachers like himself through the Great Depression. Lloyd couldn’t have predicted how his spark of goodwill and community support would endure, growing into the multi-state, 580,000-member credit union LMCU is today.

However, he would certainly recognize one thing that hasn’t changed: Our commitment to doing what’s best for our members.

20231001 Fall Newsletter 02 Branch

“The story of LMCU is the story of our members. It always has been,” Sandy Jelinski, LMCU President and CEO, said. “We are only as successful as we are because of the trust our members put in us, and the important work our employees put in to make LMCU an exceptional place to bank. As we reflect on our past and embrace the future, we are excited to continue serving our members and communities for many more decades to come.”

Join us in commemorating 90 years of LMCU! Visit your favorite branch on October 27 for the celebration.

The 2023-24 Hutt Scholarship program is now accepting submissions.

Hutt Scholarship@4x

LMCU was originally founded as Grand Rapids Teachers Credit Union by a Grand Rapids teacher, so education has always been important to us. Our annual Lloyd F. Hutt Scholarship program provides high school seniors with the opportunity to win one of twenty $2,000 college scholarships.

Applicants are required to submit an original essay responding to a thought-provoking prompt. This year’s prompt is: LMCU is celebrating its 90th birthday. What would you like to see celebrated by the time you’re 90?

The 2023 Hutt Scholarship submission window runs from October 1 through January 5. Winning essays are selected by a panel of independent judges. To learn more and submit an essay, please visit

20231001 Fall Newsletter 03 Band TogetherThank you for giving little heroes big hope.

This past August, our annual Band Together program raised $70,750 for pediatric and kids’ care programs across 17 Michigan and Florida hospitals. These donations will help purchase equipment and resources that will save lives and help ensure children staying in hospitals are comfortable and get the care they need.

Thank you to everyone who donated for your generosity and taking the time to make a difference!

Proud to partner in support of groundbreaking medical research.

20231001 Fall Newsletter 04 BAMF v2

We’re thrilled to help fund a cutting-edge study from BAMF Health and the University of Michigan Health-West that could revolutionize high blood pressure diagnosis and help people get the treatment they need. High blood pressure affects 70 million Americans, and the pilot clinical study is targeting Conn’s syndrome — a contributor to elevated blood pressure in 10-15% of individuals.

Learn more about this new study.

20231001 Fall Newsletter 05 Bridge RunThe 2023 LMCU Bridge Run has crossed the finish line.

Thank you for running with us! On September 17, the streets of downtown Grand Rapids were packed with over 2,500 participants and volunteers for the LMCU Bridge Run. We are thrilled to extend our partnership with Run GR and to be the title sponsor of this health-positive event for another decade.

We appreciate all the dedicated staff and volunteers who contribute to the success of this event every year. We can’t wait to run beside the West Michigan community again in 2024!

20231001 Fall Newsletter 06 Whitecaps

Thank you for making the 30th Whitecaps season one to remember!

The West Michigan Whitecaps ended their 2023 regular season 68-62. LMCU members really showed up this year, ordering over 6,000 discounted tickets, including exclusive ticket packages for four special LMCU Member Nights.

This season also marked the Whitecaps’ 30th anniversary and featured the announcement of multiyear upgrades and renovations to LMCU Ballpark. The future of our partnership with the Whitecaps is set up for a grand slam, and we can’t wait to hit it out of the park together. Go ‘Caps!


There are two Southwest Florida Shred Days coming up. 202309-shredday-Email

If you’re in Florida and looking to safely destroy sensitive documents to protect yourself from fraud, you may be in luck! We’re holding the last 2023 Shred Your Stuff Days at our Fort Myers branch on October 7 and at our Sun City Center branch on December 9. Visit for details.

October 7, 9-11 a.m.

Fort Myers Branch

7920 Summerlin Lakes Dr

Fort Myers, FL 33907

December 9, 9-11 a.m.

Sun City Center Branch

1653 Sun City Center Plaza Ste 1001

Sun City Center, FL 33573


20231001 Fall Newsletter 08 PoH-2Visit the Grand Rapids Parade of Homes this fall.

The Home Builders Association of Greater Grand Rapids is holding its fall Parade of Homes October 6-14.

LMCU members and non-members can save $5 on tickets by purchasing them at any greater Grand Rapids or Lakeshore branch location.

$10 | Tickets purchased at LMCU Grand Rapids and Lakeshore branches.

$15 | Tickets purchased online or at the event.

Tickets for children 12 and under are FREE.

For details, please visit


20231001 Fall Newsletter 09 MobileGet a cash reward when you switch to Spectrum Mobile™.

As a valued LMCU member, you’re eligible for special savings on your internet and mobile service when you switch to Spectrum.

Plus, LMCU members can get an exclusive $50 cash reward from Love My Credit Union Rewards for each new mobile line you activate with Spectrum.

Call (833) 804-3916 to take advantage of this special offer or learn more at

20231001 Fall Newsletter 09 Spectrum-3



20231001 Fall Newsletter 10 FTHB-2

Attend a First-Time Homebuyer Seminar near you.

Ready to find your first home but not sure where to start? That’s where our First-Time Homebuyer Seminars come in. LMCU’s mortgage loan experts will cover a variety of topics, including programs specifically designed to help renters purchase their home with as little as 0-3% down.* Plus, if you buy your home in 2023 and rates drop, our Peace of Mind program can help you refinance later with fewer fees.**

We’re holding in-person seminars across Michigan and Florida this fall. Seating is limited, so sign up today!


*For well-qualified borrowers. The interest on the portion of the loan that exceeds the value of the dwelling is not tax deductible. Please consult your tax advisor. **Peace of Mind Program available for new purchase applications of a conforming, fixed-rate mortgage product submitted by 12/31/23. LMCU processing and underwriting lender fees will be waived for one refinance taking place no sooner than 6 months and no later than 24 months from the mortgage closing date. Original loan must be closed by 3/31/24. Additional fees may apply.

20231001 Fall Newsletter 11 50kCongratulations Brittany!

We are pleased to announce Brittany of Grand Rapids, Michigan is the winner of the 2023 LMCU $50,000 Home Makeover.

Brittany entered the sweepstakes daily, and out of the over 1.2 million total entries, one of hers was randomly selected to win. She plans to use the money towards a down payment on her first home together with her fiancé.

“My fiancé and I were adamant about entering the sweepstakes every day, but I didn’t think anything would come of it,” Brittany said. “I’ve never won anything like this before. It’s a huge blessing to have this help as we create our life together. It’s really amazing we get to come back from our wedding and get into the process of purchasing our first home and starting our life together.”

Will you be next year’s winner? LMCU’s $50,000 Home Makeover will return spring 2024. Keep an eye out for announcements in our newsletter and on social media.20231001 Fall Newsletter 11 50k Winner

Get your money in order this October.

Did you know October is Financial Planning Month? While reviewing your finances is a great idea no matter the month, October is the right time to make sure you have a plan for your money before the holidays hit. Whether you’re new to budgeting and financial planning or always have one eye on your account balances, LMCU has resources and products to help.

Not sure where to begin? Make sense out of dollars with Wallet Wisdom.
If you haven’t put much thought into where your money goes, you’re not alone: only about a quarter of Americans have a written financial plan. Fortunately, we have a great place for you to start.

Wallet Wisdom is our free online library of interactive learning tools that makes it easy to understand financial planning. You can check out individual five-minute topics — such as creating a budget, consolidating debt, or learning about certificates of deposit (CDs) — or have Wallet Wisdom create a custom playlist for you. After answering a few questions about your goals and situation, you’ll have a personalized playlist with topics that are relevant to you. Get started today at

Make your money work for you with new savings products and specials.
If you haven’t checked on your balances in a while, now is a great time to make sure you’re maximizing your earnings. If possible, always having your 3.00% APY* Max Checking account topped off with $15,000 can help you earn nearly $450 extra each year.

When it comes to your savings, you may have some new ways to earn more. Rates on money markets, CDs, and other financial products have gone up significantly in 2023. For example, our new Max Money Market account offers tiered rates as high as 4.00% APY** while still allowing you to have access to the funds when you need it. We also offer CD specials with flexible terms that can really boost your earning potential. For details and the latest rates, visit

Taking some time to get your finances together can make a big difference as you approach the holidays and the new year. Our branch associates are more than happy to help you determine the best solutions for you, too. Stop by your favorite branch or visit to set up an appointment.

*APY = Annual Percentage Yield. Rate as of 9/8/23 and subject to change after account opening. 3.00% APY is earned on balances $15,000 and below, some requirements apply. Interest not paid on balances over $15,000. Nearly $450 is earned at 3.00% APY on balances of $15,000. Fees may reduce earnings. $5 membership required if not a member. **APY = Annual Percentage Yield. Rates as of 9/8/23 and subject to change after account opening. Tiered interest rates based on balance amounts: $0 - $2,499 earns 0.00% APY; $2,500 - $9,999 earns 0.30% APY; $10,000 - $24,999 earns 0.40% APY; $25,000 - $99,999 earns 3.30% APY; $100,000+ earns 4.00% APY. Fees may reduce earnings. $5 membership required if not a member.

LMCU Financials

As of August 31, 2023

Assets | $12,756,666,062
Loans | $11,194,453,791
Deposits | $10,737,233,055
Members | 584,869


Topics: Newsletters