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LMCU Winter 2023-24 Newsletter

Posted January 2, 2024  |   Topics: Newsletters

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Here's to a year of opportunity and prosperity!

We hope you and your family experienced a joyful New Year’s. Few things can compare to the warmth of spending quality time with loved ones during this time of year.

2023 was an important year for LMCU as we celebrated our 90-year anniversary. This milestone is a testament to the strength and validity of our mission, which is to provide our members the best banking experience possible. It is also a celebration of you, our members. Without your support and the trust you put in us, Lake Michigan Credit Union would not be the exceptional financial institution it is today.

While many banks and other credit unions made the difficult decision to close branches last year, LMCU continued its growth and expansion. We held a grand reopening for our Alpine Avenue branch at its new, larger location in Comstock Park, MI. Additionally, we celebrated the opening of our first Sarasota, FL branch in the heart of downtown. We are humbled by the support of our members that has allowed us to grow our membership and the number of communities we are able to serve.

Giving back to our communities goes back to the foundation of our credit union. Every year I am humbled by the opportunities we have to serve our communities and partner with nonprofits and organizations to make a difference. You can be proud knowing that, with a credit union, your money stays local and is utilized in helping people and making your community an even better place to live, work, and worship

We also expanded our product offerings in 2023, introducing our new Max Money Market account and several CD specials. Helping you earn more when you save is our duty as your credit union, and I’m proud of how much we have been able to help the individuals, families, and businesses we serve grow their money.

As I look forward to 2024, I am excited about the opportunities before us and the legacy that follows us. I am extremely grateful for the privilege to work with so many exceptional people that play a part in our members’ successes. On behalf of everyone at LMCU, thank you for your continued support and trust.

2024 Winter Newsletter 02 Sandy Headshot v1

Sandy Jelinski

President / CEO


Your favorite teacher could win $1,000

06-Roots in EducationEvery year, LMCU’s Roots in Education program awards 25 teachers each a $1,000 grant for making a positive impact on their students and school community by embodying a particular trait.

Do you know a teacher who is optimistic and always able to find the good in situations? They could receive a grant that can be used to benefit any aspect of their teaching or their classroom.

The nomination window is February 1 through March 31, 2024. Nominations can be made by students, parents, peers, or community members. To nominate a teacher and view full details, visit



2024 Winter Newsletter 04 Home Shows v3

Check out a home show near you!

Whether you’re contemplating a remodel or seeking some inspiration, the showcase rooms and on-site professionals are a great way to get started! If you feel the itch to renovate, visit to learn about our renovation loans. Or, use your home’s equity to fund your next major project by visiting

Date Location Event Name
January 5-7 Florida State Fairgrounds | Tampa, FL Florida's Largest Home Show: Winter Home Renovation Edition
January 12-14 DeVos Place | Grand Rapids, MI Grand Rapids Remodeling & New Homes Show
January 19-21 Robarts Arena at the Sarasota Fairgrounds | Sarasota, FL Sarasota Braden Spring Home Show
January 19-21 Suburban Collection Showplace | Novi, MI Novi Home Show



2024 Winter Newsletter 05 Griffins v3Cheer on the Griffins with us!

We hope to see you on Saturday, February 10 at Van Andel Arena for LMCU’s annual Night with the Griffins! LMCU members receive discounted ticket pricing and the first 1,200 tickets sold receive a free t-shirt. It’s Princess Night as well, meaning you can expect appearances from well-known princesses and princes, along with a post-game open skate.

These tickets always go fast, so be sure to head over to to grab yours today! Do note that branches will not be selling any physical tickets.



2024 Winter Newsletter 11 GR GoldA proud partner of the Grand Rapids Gold.

We saw a golden opportunity, so we took it! We have partnered with the Grand Rapids Gold basketball team, and our members get the perks. Enjoy 20% off home game tickets all season long, and join us for the LMCU Game with the Gold on March 16 for a slam-dunk deal that includes a crossbody bag with the first 200 tickets sold. Get your tickets at Go GOLD!



The winners for the 2023-24 Hutt Scholarship will be selected soon.

2024 Newsletter 06 Hutt v1 Thank you to all the students who submitted an essay! After the January 5 entry deadline for the Lloyd F. Hutt Scholarship is past, a panel of independent judges will begin evaluating the many submissions to determine the 20 scholarship recipients.

Be sure to check LMCU’s social media channels and in May to see the 20 high schoolers who won a $2,000 scholarship.



2024 Winter Newsletter 07 Reliaquest v1

We cheered in the New Year with the Tampa Bay ReqliaQuest Bowl.

LMCU takes great pride in serving as the official credit union for the annual ReliaQuest Bowl. This year’s matchup took place on New Year’s Day, with the LSU Tigers facing the Wisconsin Badgers. Each year, the event brings in fans and visitors from across the country to the Tampa Bay area to watch a thrilling game of football. Thank you to all who kicked off 2024 at the ReliaQuest Bowl!



2024 Winter Newsletter 08 Impact Crew v1LMCU Impact Crew ended 2023 strong.

Through November and December, the LMCU Impact Crew amplified the community impact we make year-round. We organized additional volunteer efforts, raised funds for charities and nonprofits, and found ways to make someone’s day a little brighter. We were deeply inspired by all the members who joined the LMCU Impact Crew in giving back to their communities, too. We appreciate everyone who helped us end the year strong, and we look forward to the opportunities 2024 will bring!



2024 LMCU Reading Adventure Mark v1Reading rewards!

LMCU’s Reading Month Contest is back again! Challenge your little ones to read at least five books in the month of March for a chance to win $100! Winners will be selected in early April.  Visit in early February for more details and to sign up. 


Earn even more with LMCU.

While interest rates remain high, it’s never been a better time to explore the high-yield, federally insured savings products you have available to you as an LMCU member.

Certificates of Deposit (CDs). LMCU is paying above market rates on CD specials, including 5.15% APY* on a 12-month CD. With CDs, you can choose from a variety of terms (as short as three months all the way up to five years) and interest rates to best suit your needs. Your rate is locked in when you open a CD, so you can have confidence in knowing how much you’ll earn during the life of the deposit.

Max Money Market. If you’re looking for one of the best money market accounts around, look no further than our Max Money Market. Take advantage of tiered interest rates up to 4.15% APY** while still being able to access your money and write checks. The more you save, the better your rate.

3.00% APY*** Max Checking. named LMCU’s Max Checking the best high-yield checking account in the nation,**** which isn’t a surprise when it allows you to earn nearly $450 extra every year. That’s a lot of extra cash to buy gifts, save for a vacation, invest in a college fund, pay for your streaming services — all for simply switching your checking account.

Start earning more today. Stop by your local branch or open a new share online at

APY= Annual Percentage Yield. For all referenced products: Rates as of 12/1/23. Fees may reduce earnings. $5 membership required if not a member. *Rates subject to change. Minimum balance to open a CD is $500. A penalty may be charged for early withdrawal. Featured rate includes 0.25% MORE VIP relationship reward bonus. **Rates 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; $100,000.00 - $249,999.99 earns 4.00% APY; $250,000.00 - $999,999.99 earns 4.00% APY; $1,000,000.00+ earns 4.15% APY. ***Rate 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. ****, October 2023.



2024 Winter Newsletter 10 LMIA v1

Bundling your auto and home insurance could save you $650.*

Did you know you could be saving up to $650 a year by bundling your home and auto insurance with Lake Michigan Insurance Agency? We know how busy this time of year can be, so let us take the stress off. We’ll shop top providers and find the best deals for you, saving you precious time and money. Get your free quote today at

*$650 savings based on average customer savings who bundle auto and home. Your actual savings may vary. Personal insurance offered in Michigan only.




Exclusive member discounts, just for you!

Membership has its rewards! This tax season you can now get the biggest savings on tax prep services and expert tax help. Plus, enter for a chance to win $10,000 from Love My Credit Union® Rewards. LMCU members get a bigger discount this tax season with savings of up to 20% on TurboTax federal products. Get the best-in-market offer with savings of up to $25 on H&R Block professional tax prep.

Visit to get your discounts and enter to win!

11-TurboTax HRBlock


LMCU Financials

As of November 30, 2023

Assets | $13,120,305,092
Loans | $11,480,529,117
Deposits | $11,046,289,289
Members | 591,812


Topics: Newsletters