Lake Michigan Credit Union


Now in our 82nd year, Lake Michigan Credit Union has become one of the largest credit unions in the country as well as Michigan’s leading mortgage provider. With over 40 branch offices and nearly 100 ATMs, fully 1 in 6 residents in West Michigan has a financial relationship with us.

A lot of folks still don’t know that they can join LMCU and open an account. With our new LMCU Anywhere capability, anyone in the country can now become a member. Anyone. Members can also take advantage of convenient online bill pay and our go-anywhere mobile app.

As a credit union, LMCU is a nonprofit institution, owned by its members. We have no corporate stock holders. We are accountable directly to our members, and they directly share in our success – benefitting from lower and fewer fees, better savings and checking interest rates, lower cost mortgages and a host of other advantages that simply don’t exist at traditional banks.

User Ratings

GD Star Rating

HSA Program Features

FDIC or NCUA Insured:
Min Balance to Open:
  • Debit Card
  • Checks
  • Online Banking
  • Investment Options

HSA Interest Rates

Interest rates for various balance tiers
$0 - $4,999.990.50%
Last checked on: 09-23-2019


Monthly Maintenance Fee$0.00
Account Opening Fee$0.00
Account Closing Fee$5.00*

* If closed within 90 days of opening the account. $35 if you transfer to another HSA custodian.

HSA Investment Options

Mutual Fund Platform: check_box   Self-Directed Brokerage: close   CDs: close   Other: close

Mutual Fund Details

Investment Threshold: $1,000
Investment Fee: $30 / Year

You can now invest a portion of your Health Savings Account (HSA) balance in stocks, bonds, mutual funds and other investment caliber products. With this new investment opportunity, you can reap the benefits of investing while saving for future medical expenses.

This is a self-directed investment platform, similar to those offered as part of many employee 401k programs. You can invest any balance over $1,000 as you see fit. You'll be able to transfer money from your investment account back to your base HSA balance at any time, to pay for health care needs for you and your dependents.

Contact Information

General Information

Address4027 Lake Dr SE
Grand Rapids, MI 49546

Customer Service

Mailing AddressP.O. Box 2848
Grand Rapids, MI 49501-2848
Phone Number(800) 242-9790