Lakes Community Credit Union

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A short history of Lakes Community CU

Since its inception in 1937 the Lakes Community Credit Union has been serving its members in the LAKE ORION, Michigan area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Carolyn Chevrier, the Lakes Community CU has grown its membership to over 10,000 with assets of more than $96,805,093. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (248) 814-4000 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in LAKE ORION, MI.

General Information For Lakes Community CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 62170
Address P.O. BOX 99 
State Michigan 
Zip-Code 48361
Phone Number (248) 814-4000
Fax Number (248) 814-4003
Email Address:
CEO/President Carolyn Chevrier
Members 10,000 
Full-Time Employees 21 
Part-Time Employees
Number of Branch Offices
Total Assets 96,805,093 

Compare Lakes Community Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Cornerstone Community Financial CU Center Line 7291 Bernice 48015 (586) 754-2300 No 7.83
Parda CU PARDA Federal Credit Union 259 E 24th St 49423 (616) 392-6979 No 7.87
Chief Financial CU Pontiac Branch 790 Joslyn Ave 48340 (248) 335-9493 No 8.87
Genisys CU 31 Shelby Twp. 49675 Van Dyke Ave 48317 (586) 323-7060 No 9.68
Michigan Legacy CU Flat Rock Branch 22855 Gibraltar Rd 48134 (734) 379-9125 No 10.44

Lakes Community Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Lakes Community Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 12.96 3.27 4.35 3.91 4.70
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 456 177 246 127 195
Rank Among All Michigan Credit Unions 83 51 63 26 36

Lakes Community Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 0.25 0.50 0.15
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 143 105 263 276
Rank Among All Michigan Credit Unions N/A 19 21 59 61
Lakes Community Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.9601,2531,834,201
All Other Unsecured Loans/Lines of Credit 10.1801,2473,124,499
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.2701,06013,553,272
Used Vehicle Loans 4.3502,40118,441,676
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.91018918,042,131
Total Other Real Estate Loans/Lines of Credit 4.7001203,162,799
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.5203565,587,978
TOTAL LOANS & LEASES 6,62663,746,556

Lakes Community Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 314,285,428162,474,900
    b. 15 Years or less 745,490,585121,318,658
    a. > 15 years 353,142,0671150,000
    b. 15 Years or less 383,818,73600
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 111,305,3152157,894


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1203,162,79915293,175
Open-End Fixed Rate 0000
TOTALS 30921,204,930464,394,627


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Lakes Community Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes