Lakeshore Federal Credit Union

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A short history of Lakeshore FCU

Since its inception in 1953 the Lakeshore Federal Credit Union has been serving its members in the MUSKEGON, 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 Kathy Fearnley, the Lakeshore FCU has grown its membership to over 2,844 with assets of more than $28,548,730. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (231) 755-1202 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 MUSKEGON, MI.

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

Charter Number 8709
Address 2182 LAKESHORE DR 
State Michigan 
Zip-Code 49441
Phone Number (231) 755-1202
Fax Number (231) 755-0539
Email Address:
CEO/President Kathy Fearnley
Members 2,844 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 28,548,730 

Compare Lakeshore Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Family Financial CU Main Office 3575 Henry St 49441 (231) 733-4600 No 0.48
Sb Community CU SB CFCU 991 W Broadway Ave 49441 (231) 759-2500 No 1.04
Muskegon Patternmakers CU muskegon patternmakers fcu 513 w broadway ave 49444 (231) 733-1121 No 1.26
Muskegon St Joseph CU Main Office 1903 Barclay St 49441 (231) 759-7931 No 2.14
Port City CU Port City Federal Credit Union 460 W Laketon Ave 49441 (231) 725-3312 No 2.46

Lakeshore Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Lakeshore Federal 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 10.90 4.15 4.05 4.45 5.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 332 300 209 200 229
Rank Among All Michigan Credit Unions 54 88 55 56 49

Lakeshore Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.35 0.70 0.55
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 129 89 224 219
Rank Among All Michigan Credit Unions N/A 16 14 49 47
Lakeshore Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.900431719,517
All Other Unsecured Loans/Lines of Credit 10.750108122,309
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.15031605,899
Used Vehicle Loans 4.0502171,732,408
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.450746,068,374
Total Other Real Estate Loans/Lines of Credit 5.000471,699,409
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.92052386,302
TOTAL LOANS & LEASES 96011,334,218

Lakeshore Federal 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 384,127,4466850,237
    b. 15 Years or less 341,651,371179,200
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 2289,5576824,896
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 20506,203252,300
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 271,193,2062355,910
Open-End Fixed Rate 0000
TOTALS 1217,767,783381,862,543


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

Lakeshore Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
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