Data Source: NCUA, December 31, 2016
Lafcu Credit Union was founded in 1936. Headquartered in Lansing, Michigan, Lafcu Credit Union is a state chartered and federally insured credit union, being chartered in Michigan and insured through the National Credit Union Share Insurance Fund (NCUSIF). Lafcu Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.
As of December 31, 2016, Lafcu Credit Union services 59,905 members through its 9 offices and branches and 112 full-time and 45 part-time employees. It has $631,996,686 of total assets and $73,274,400 of net worth. Based on its asset size and net worth ratio, Lafcu Credit Union is classified as a Well Capitalized large credit union.
Lafcu Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Lafcu Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.
The following two tables list the deplitory and loan interest rates of Lafcu Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Michigan and in the nation.
Major Deplitory Accounts and Interest Rates (%)
Major Loan Accounts and Interest Rates (%)
Lafcu Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Lafcu Credit Union.
Electronic Banking Service Offerings
As a community financial institution, Lafcu Credit Union actively involves in local communities by prliding services such as financial counseling, financial education, financial literacy workshops, and first tim home buyer programs.
Community and other Service Offerings
1553 Lansing Rd
Charlotte, MI 48813
2665 E M 21
Corunna, MI 48817
12850 S Us Highway 27
Dewitt, MI 48820-8387
1505 Kyle St
Eaton Rapids, MI 48827
1121 Keystone Ave
Lansing, MI 48911
106 N Marketplace Blvd
Lansing, MI 48917-7753
750 N Cedar St
Mason, MI 48854
1720 W M 21
Owosso, MI 48867
2317 S Us Highway 27
Saint Johns, MI 48879