LAFCU Credit Union Profile

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LAFCU

Charter #68632 | NCUA Region 1 | FISCU

Low-Income Designation: Yes

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (517) 622-6600

Fax: (517) 622-6909

Founding Date: N/A

Website: http://www.lafcu.com

Personnel & Operations

President: Freeman, Randall

Manager: Spyke, Patrick

FT Employees: 176

PT Employees: 11

Designations & Ratios

MDI Status: No

RBC Ratio: 35.57%

Membership Type: 99

Branches: 10

Hours: MON - FRI 9:00AM - 5:30PM SAT 9:00 - 12:00

Credit Union Profile Summary

LAFCU is a FISCU Credit Union. With a total of 73,538 members ^[1], this institution manages approximately $1,148,028,005 in total assets ^[1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 20.18% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -2.25% ^[1].

Financial Snapshot

Total Assets ^[1]

$1,148,028,005

Total economic resources.

Total Loans ^[1]

$778,251,763

Total value of outstanding loans.

Total Deposits ^[1]

$917,968,771

Total funds deposited by members.

Members ^[1]

73,538

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

20.18%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) ^[1]

0.98%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio ^[1]

84.78%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↑ 1.82%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) ^[1]

↓ -2.25%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) ^[1]

↓ -1.15%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

106 N MARKETPLACE BLVD

LANSING, MI, 48917-7753

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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

Found 10 branches reported by LAFCU (Charter #68632).

Main Office

Main Main Office

Type: Corporate Office

Collins

Type: Branch Office

4600 Collins Rd

Lansing, MI 48910-5855

Phone: (517) 622-6600

Services: Member Services, ATM, Drive-Thru

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South Lansing

Type: Branch Office

1121 Keystone Ave

Lansing, MI 48911

Phone: (517) 622-6600

Services: Member Services, ATM, Drive-Thru

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Mason

Type: Branch Office

750 N Cedar St

Mason, MI 48854

Phone: (517) 622-6600

Services: Member Services, ATM, Drive-Thru

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Owosso

Type: Branch Office

1720 W M 21

Owosso, MI 48867

Phone: (989) 725-7158

Services: Member Services, ATM, Drive-Thru

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Saint Johns

St. Johns

Type: Branch Office

2317 S US Highway 27

Saint Johns, MI 48879

Phone: (517) 622-6600

Services: Member Services, ATM, Drive-Thru

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