About
Now in our 85th 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 LMCU.
User Ratings
a WordPress rating system
HSA Program Features
- FDIC or NCUA Insured:
- check
- Min Balance to Open:
- $0.00
- Features:
-
- Debit Card
- Checks
- Online Banking
- Investment Options
HSA Interest Rates
| $0 - $4,999.99 | 0.50% APY |
|---|---|
| $5,0000+ | 1.00% APY |
Fees
| 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 Details
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
| Website | Lake Michigan Credit Union's HSA Website |
|---|---|
| Address | 4027 Lake Dr SE Grand Rapids, MI 49546 |
Customer Service
| Mailing Address | P.O. Box 2848 Grand Rapids, MI 49501-2848 |
|---|---|
| Phone Number | (800) 242-9790 |